IGT Fight Exposes Slot Machines’ Loss of Pull With Young

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International Game Technology Chairman Philip Satre, locked in a fight over board seats, said the world’s largest slot-machine maker has to invest online because young people don’t gamble as much as their parents.

“They won’t sit at a machine for two hours or three hours,” Satre, 63, said in an interview. “It is to me one of the biggest single challenges for the gaming industry, having products that are relevant to this new generation.”