UPDATE 1-S&P cuts GTECH rating to BBB- after IGT buy
July 17, 2014 at 15:43 PM EDT
MILAN, July 17 (Reuters) - Standard & Poor's has cut its rating for Italy's lottery operator GTECH and Moody's put it on review for a downgrade after the company said it was buying U.S. slot machine maker International Game Technology for $4.7 billion.
