International Game Technology (IGT), one of America's largest gambling companies, reported a major cybersecurity breach that has forced the company to shut down multiple systems while working to restore operations.
The attack, which began on November 17, caused widespread disruptions to IGT's internal technology infrastructure and applications. The company discovered unauthorized access to portions of their network, prompting them to proactively take several systems offline as a protective measure.
IGT, which provides critical technology for lotteries, gambling machines, and sports betting operations across the globe, employs over 11,000 people and generated revenue of $1.9 billion in the first three quarters of this year.
The company has activated its cybersecurity response protocols and brought in external security experts to investigate and remediate the breach. While working to restore affected systems, IGT has implemented temporary operational alternatives to maintain customer service where possible.
This incident adds to a growing list of cyberattacks targeting the gambling industry. In 2022, the Ohio state lottery fell victim to ransomware, while MGM Casino suffered a devastating attack in 2023 that resulted in over $100 million in damages.
The timing of the breach is particularly notable as it comes shortly after shareholders approved a $6.3 billion merger between IGT's gaming division and Everi Holdings, with private equity firm Apollo Global Management set to acquire both entities.
As of now, IGT has not determined the full financial impact of the attack, and no hacking group has claimed responsibility. The company continues to communicate with stakeholders while working to restore normal operations.