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IGT Celebrates 15 Years of Environmental, Social and Governance Excellence with Publication of 2021 Sustainability Report

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International Game Technology PLC announced the release of its 2021 Sustainability Report, which outlines the Company’s demonstrated environmental, social and governance (ESG) performance. IGT’s 15th annual Sustainability Report validates the Company’s commitment to operating as an industry-leading sustainable business and illustrates its latest achievements in generating value for its stakeholders.

“IGT understood the vast importance of sustainability 15 years ago when we issued the Company’s first Sustainability Report, and our 2021 Sustainability Report underscores the progress we have made since then,” said Vince Sadusky, IGT CEO.“We are developing our sustainability plans to further integrate sustainability across the entire value chain and improve the ESG impact throughout our daily operations. Highlighted in our 2021 Sustainability Report, this plan outlines strategic goals that will drive our ESG performance, now and in the future.”

The latest IGT Sustainability Report demonstrates the Company’s drive to create value for its stakeholders, increase its corporate citizenship and enhance reporting on its activities through four key sustainability priorities: Valuing and Protecting Our People, Advancing Responsibility, Supporting Our Communities, and Fostering Sustainable Operations.

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Highlights of the report include:

  • Valuing and Protecting Our People: IGT values, respects and appreciates the contributions of all employees. The diversity of its workforce and their appreciation for a multicultural work environment contributes to IGT’s understanding of global business needs and builds on IGT’s meaningful relationships with customers and communities.
    • IGT issued its first Human Rights Policy Statement which outlines the Company’s belief that promoting sustainable principles begins with respecting the basic rights to which all human beings are entitled. As a global organization, IGT is responsible for promoting human rights and contributing to meaningful change around the world.
    • Diversity and inclusion objectives were recently introduced for IGT’s senior leadership team, and in 2021, business unit leaders created action plans related to goals relative to diverse representation on their teams.
  • Advancing Responsibility: IGT’s commitment to advancing responsibility includes maintaining the integrity of games by ensuring its products and services are fully compliant with existing laws and the protection of all stakeholders’ rights. The Company’s approach to responsible gaming follows goals and commitments that aim to raise the standards of responsible gaming throughout the industry.
    • In 2021, IGT released its Global Responsible Gaming Policy to transparently inform all relevant stakeholders about IGT’s worldwide programs and solutions. It was also created to meet or exceed requirements and regulations of responsible gaming in all jurisdictions where IGT operates.
    • IGT also reaffirmed its responsible gaming leadership with recertification from the World Lottery Association’s Associate Member Corporate Social Responsibility Standards and Certification Framework.
  • Supporting Our Communities: IGT supports communities where it operates and where its employees live through corporate programs that align with the United Nations’ sustainable development goals (SDGs). Community involvement and employee engagement initiatives embrace a breadth of causes through corporate giving, corporate sponsorships and employee-driven programs.
    • In 2021, IGT’s charitable giving focused primarily on basic needs as the ongoing effects of the COVID-19 pandemic have had lasting impacts in the communities it serves.
  • Fostering Sustainable Operations: IGT’s sustainability practices involve continual improvement of its environmental management systems and reduction of its impact on the environment.
    • In 2021, IGT joined the Science Based Targets initiative, which drives climate action among businesses worldwide. With this commitment, IGT officially pledged to set targets to reduce greenhouse gas emissions, contributing to low-carbon emissions and furthering IGT’s ESG impact.

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Paf employees donated €125,000

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The Nordic gaming company Paf decided to give all employees the opportunity to donate €125,000 to various good causes, initiatives and projects. The causes were selected through a nomination and voting process by the employees.

All Paf employees were given the opportunity to nominate their own initiatives that they felt were worthy of Paf’s €125,000 donation. Once the nomination process was complete, employees were asked to vote for the initiatives, and it was the employees’ votes that determined which initiatives received the donation and how much of the sum was allocated to each project.

“It’s really important that everyone who works at Paf feels that our core mission is different and that it’s well worth working for. That’s why we wanted to involve the employees and give everyone a direct opportunity to determine the distribution of the donation,” says Paf’s CEO Christer Fahlstedt.

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Paf’s basic purpose is to generate funds for the benefit of society. The annual profit is used as Paf funds for social, environmental, youth, sports and cultural purposes, among others.

Second year in a row

This is the second year in a row that Paf employees have been able to donate a sum of money to various good causes. Last year employees donated €100,000 and this year the amount was increased to €125,000.

“It was a great way to end last year and a good initiative to repeat this year. The donation is not part of Paf’s usual mission and purpose, but it reflects our overall core purpose in an excellent way,’ says Paf CEO Christer Fahlstedt.

The distribution of €125,000

When the employees gathered in December for the annual Christmas speech, the vote was taken and the result determined how the €125,000 would be distributed. The Employee vote gave causes for Ukraine the biggest donation and €40,000, followed by causes against cancer €25,000 and in third place causes for combating abuse of children €15.000.

1. €40.000 – Causes for Ukraine

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2. €25.000 – Causes against cancer

3. €15.000 – Causes for combating abuse of children

4. €12.000 – Causes for Children

5. €9.000 – Causes for Animals

6. €7.000 – The Swedish Brain Foundation (Hjärnfonden)

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7. €6.000 – Medical aid for Palestine

8. €5.000 – Causes for Women

9. €3.500 – Relief efforts – Spanish weather disaster

10. €2.500 – Jesuit Refugee Services Malta

Most votes – top 3

Causes for Ukraine goes to the following initiatives;

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  • Power Up Ukraine, Swedish based, helps with energy solutions

  • Blågula Bilen, Swedish based, donates trucks & 4×4 vehicles with supplies

  • Hospitallers, based in Ukraine, Hospitallers is a volunteer organization of paramedics.

  • Come Back Alive, Ukraine, Demining in Ukraine

  • Safe & Smart, Ukraine based, Restoring hybrid and offline learning in Ukrainian schools

Causes against cancer goes to;

  • Barncancerfonden, Sweden, They help families and contribute to paediatric cancer research with the aim of eradicating childhood cancer

  • Kingitud Elu, Estonia, Estonian Association of Parents of Children with Cancer

  • Rintasyöpäyhdistys, Finland, Europa Donna Finland ry works to increase awareness of breast cancer and improve the quality of life for patients during and after the treatment period

  • Project Liv, Finland, support children with cancer and their families

Causes for combating abuse of children goes to;

  • Internet Watch Foundation, UK, stop child sexual abuse online

  • Anti-Human Trafficking Intelligence Initiative, USA based, end human trafficking and child exploitation

  • Missing Children Europe, protects children from going missing

  • ECPAT, based in Thailand, ensures children live a childhood free from sexual abuse and exploitation

  • La Strada International, Europe, works against human trafficking

  • Prajwala, India, works to end sex trafficking & sex crime

  • Maiti Nepal, Nepal, works for a society free from trafficking of children & women

The nomination and voting process was not open to organisations or initiatives that were already beneficiaries of Paf funds. Since 1966, Paf has distributed more than €447 million in Paf funds. In the spring of 2024, Paf was able to distribute €31.4 million for the benefit of society.

The post Paf employees donated €125,000 appeared first on European Gaming Industry News.

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2025 ICR Conference

Golden Matrix Group to Participate in the 2025 ICR Conference

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Golden Matrix Group Inc., a developer and licensor of online gaming platforms, systems, and gaming content, today announced that management will participate in the 2025 ICR Conference on January 13-15, 2025 at the Grande Lakes Resort in Orlando, FL.

Zoran Milosevic, Chief Executive Officer of Meridianbet, will participate in a fireside chat with an equity research analyst on Monday, January 13, 2025, at 2:30 PM ET and will also be available for meetings during the conference.

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The Power of High Performance: GR8 Tech Achieves 25% Turnover Growth in 2024

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GR8 Tech has successfully closed the year – a 25% year-on-year increase in turnover, dozens of new clients signed, and a significant boost in client revenue. Throughout the year, the company developed nearly 200 new features and improvements, continually enhancing the functionality of its platform. With over 12.4 billion bets placed in 2024 (a 125% increase year-on-year), GR8 Tech has proven its ability to scale and deliver consistent performance, even during the busiest events.

Our primary focus in 2024 was to empower operators with tools for seamless platform customization and streamlined management. We introduced geo-specific solutions that enable faster market launches, adapting platforms to meet local demands—whether through bonus mechanics, payment methods, or tailored content for sportsbook and casino. At the same time, we strengthened our offerings with enhanced sportsbook features, new games in the casino vertical, and innovative gamification mechanics to drive player engagement,” said Denys Parkhomenko, Chief Product Officer at GR8 Tech.

GR8 Tech demonstrated its robust scalability by handling 21.5 million bets during the IPL 2024 alone. With the capacity to process 20,000 bets and 54,000 wallet transactions per second, the platform consistently performs even during high-traffic periods.

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In 2024, GR8 Tech signed numerous long-term partnerships, bringing its total number of projects worldwide to 45+ and proving the growing demand for customizable iGaming solutions. The company also received industry-wide acclaim, securing multiple prestigious awards, such as Silver as the Best Platform Provider of the Year at SBC Awards, “Best Online Sportsbook Provider” at SiGMA Eurasia, “Best Workplace” at SiGMA Americas, and “Rising Star Provider of the Year” at the Affpapa iGaming Awards 2024.

Building on its achievements, GR8 Tech is set for another successful year, continuing to deliver industry-leading solutions for operators around the world.

Improvement and excellence are about consistently staying ahead. A trend might emerge and then disappear tomorrow, but improving your product – making it better than the competition – has lasting value. Whether it’s through better personalization, risk management, recommendations, or any other aspect, improvement is essential. And in this industry, you don’t really have a choice. It’s so fast-paced that if something new and valuable appears, you need to adopt it immediately. The mindset of constant improvement is what keeps a product relevant and competitive,” said Sergey Ghazaryan, CRO at GR8 Tech.

GR8 Tech heads into 2025 with a continued commitment to driving high-performance results, leading industry trends, and challenging the norm.

The post The Power of High Performance: GR8 Tech Achieves 25% Turnover Growth in 2024 appeared first on European Gaming Industry News.

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