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International Game Technology, one of the world’s leading manufacturer of slot machines has made a change in it board of directors.  The newest member to the International Game Technology board of directors is Phil Satre. 

In some circles Phil Satre is better known as the former Harrah’s Entertainment Chairman and Chief Executive Officer.  Due to his years as an executive of one of the most successful brick and mortar casino operators in the world, Satre has extensive experience in gaming.  Now Satre is no longer buying slot machines, his company sells slot machines.  Satre’s election to the board of directors was announced by International Game Technology just yesterday. 

Satre has quite an impressive résumé.  He worked for Harrah’s Entertainment for 25 years.  10 of those years were in the role of chief executive officer.  Satre finally retired from the casino operator in 2005.  Now only 59, Satre is looking for other endeavors and his new position with International Game Technology should prove demanding enough.

There is nothing small time about International Game Technology.  The Reno-based company is the largest equipment manufacturer in the industry.  Many of the worlds top brick and mortar casinos buy their slot machines from International Game Technology, as they make some of the best slot machines on the market. 

Only after receiving regulatory approval, will Satre officially join the International Game Technology board.  He is expected to serve through the IGT March 3 annual share holders meeting.  His election requires him to serve through 2010.  His name will be added to the slate of directors expected to serve through that date.

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