On the search for "IGT" we found the following results:
With the completion of its $6.4 billion acquisition of International Game Technology now in sight (see previous reports), GTech has commenced a corporate restructuring dividing the new super-group into four divisions and moving into the future with IGT as the main corporate brand. The company announced this week that the holding company will be titled …
International Game Technology (IGT) announced Wednesday that at a special meeting of its shareholders the merger with GTech (see previous reports) was overwhelmingly approved. Specifically, the shareholders approved the Agreement and Plan of Merger by and among IGT, GTECH S.p.A., a joint stock company organized under the laws of Italy, GTECH Corporation, a Delaware corporation …
International Game Technology’s popular land-based slot Prowling Panther has been formatted for online and mobile use and launched simultaneously on both channels in the UK this week. The jungle and wild animal themed game, which was also made available to UK land casinos this week, is a 720 payline Multiway Xtra slot that combines the …
International Game Technology (IGT) delivered its first quarter fiscal year 2015 results Wednesday reporting a 17 percent decline in total revenues despite an extra week compared to the same period last year. First Quarter 2015 results compared to Q1/2014 include: – A total revenue decrease of 17 percent to $451 million – Net income decreased …
International Game Technology has given online punters a taste of new online slots destined for launch at the ICE show early next (February) month. The company’s interactive division will showcase MegaJackpots Siberian Storm and MegaJackpots Cleopatra, while games making their interactive world-debut include Sherlock Holmes, Wheel of Fortune, and Family Guy. Land-based sensation Prowling-Panther will …
International Game Technology has posted what will be its last FY report before being acquired by GTech (see previous reports), with total revenues declining but the interactive division maintaining growth. Fiscal 2014 results (compared to last year) show: * Total revenue fell 12 percent to $2.1 billion due to declines in product sales and gaming …
GTech has secured financing to the value of $2.6 billion through agreements with twenty international banks, allowing it to forge ahead with its International Game Technology acquisition (see previous reports). Geographically, the financing has come from banks in Europe (the lion’s share at 46 percent); 21 percent from Italy; 21 percent from the United States; …
International Game Technology’s Wheel of Fortune game has proved such a success on the company’s DoubleDown Casino social offering that the company has augmented the inventory with Wheel of Fortune Triple Extreme Spin. The new addition to DoubleDown has bonuses and gameplay “….straight from the casino floor to a desktop or mobile device,” a statement …
Today (Thursday) marks the first time IGT’s Wheel of Fortune Double Diamond slot game is available across all platforms including social and mobile devices. “DoubleDown Casino brings the authentic Wheel of Fortune slot machine experience to the mobile and desktop environment, enabling fans of the most popular slot machine of all time to experience their …
The American gambling supply and content provider International Game Technology, recently the subject of a GTech acquisition agreement (see previous reports) has posted a mediocre set of Q3-2014 fiscal results showing: * Year-on-year total group revenue down 19 percent to $468 million; * Operating income down 11 percent at $109.6 million, but net income up …
The Italian lottery and online gambling content provider GTech SpA has announced that it has reached an acquisition agreement with US casino equipment and games supplier International Game Technology, ending weeks of industry speculation that such a deal was being negotiated. GTech will pay $4.7 billion in cash and stock for the acquisition, but including …
Rumours of a GTech acquisition offer worth $4 billion for gambling equipment and software manufacturer International Game Technology have surfaced again this week, although neither company have any further comment to make beyond their rather bland announcement last month that they were in talks (see previous reports). IGT put itself up for sale June 9 …
Online and land gambling content and equipment supplier International Game Technology has announced the completion of a deal that will see its mobile and desktop games rolled out across online gambling websites owned by Bwin.Party Digital Entertainment. Bwin.Party has recently launched online poker and casino offerings in New Jersey under the license of Borgata Hotel …
Starting the week off with a bang is the announcement by gambling and lottery supplier group GTECH that it is in ‘preliminary’ talks with contemporary U.S. firm International Game Technology with the objective of buying the American company. “This transaction could potentially involve the use of a mix of cash and equity as consideration,” GTECH …
According to an exclusive Reuters report, International Game Technology (IGT) has appointed Morgan Stanley to investigate a sale as the industry continues to consolidate. Reportedly, IGT has been exploring a sale for at least the past two months attracting interest from private equity firms and other gaming companies, an unnamed source close to the situation …
Football fever is here with the imminent kick-off to the World Cup football in Brazil, and International Game Technology’s online and social gaming DoubleDown Casino has used the increased interest opportunity to launch a soccer-themed slot game, Final Goal. Starting Thursday, football fans around the world can play the mobile-exclusive game, which is available on …
International Game Technology’s IGT Interactive has launched a new Asian-themed slot titled “Jewel of the Arts”. Showing distinctive and beautifully designed Asian style graphics, features include Wilds, Multipliers, a Free Spins Bonus Round and a Fan Dance Bonus Round. This 5-reel, 20-payline game was launched in select online casinos such as Mr Green. BetOnSoft has …
International Game Technology’s operating results for the second quarter ended March 31, 2014 show continued growth in the interactive division, but rather dismal numbers from the diverse group as a whole. * Total revenues fell 15 percent to $513 million * GAAP earnings per share from continuing operations decreased 66 percent to $0.10 * Non-GAAP …
IGT has announced the appointment of e-commerce veteran Will Daugherty as general manager of DoubleDown Interactive. Well experienced in management in the e-commerce, online travel and mobile industries, Daugherty most recently served as vice president of Amazon Payments, where he led the business to substantial growth in number of customers and revenue. Previously, as president …
Online and land gambling supplier International Game Technology is taking action to re-align its cost structure for long-term earnings growth, the company said in a statement Tuesday. The initiative will see staff retrenchments and cost cutting, with one of several key goals being the re-engineering of the firm’s game development process to leverage its strength …
International Game Technology (IGT) has signed another multi-year licencing agreement with Sony Pictures Consumer Products for its Wheel of Fortune and Jeopardy! brands. The extension to its existing agreement will allow IGT to develop Wheel of Fortune mobile and online games for its DoubleDown Casino and for-wager online play worldwide through to 2024. Additionally, IGT …
International Game Technology has declared a cash dividend of $0.11 per share on its common stock, a 38 percent increase over the same quarter last year and its 44th consecutive quarterly dividend payout The dividend is payable on April 4, 2014 to shareholders of record on March 21, 2014.
International Game Technology (IGT) has expanded on its exclusive agreement with long-time partner Action Gaming for the development of multi-hand video poker games for both land-based and online play. Forming part of the deal, IGT has purchased patents from Action Gaming which are currently used in IGT games such as All-Star Poker®, Ultimate X Poker® …
International Game Technology’s social network DoubleDown Casino has launched “TRANSFORMERS: Battle for Cybertron” on desktop and mobile. Players can experience the legendary battle between the Autobots and Decepticons in this latest Hasbro-licenced release featuring popular Transformers characters. The game is a 40-line, 5-reel action adventure featuring IGT’s FreeFall Symbols, multipliers and free spins. FreeFall Symbols …