Tag Archives: gtech

GTECH Interactive seals mobile sports betting partnership with MGM Resorts

GTECH Interactive has announced a multi-year deal to provide MGM Resorts International with sports betting technology. The deal will cover 12 MGM properties with GTECH ‘OnPremise’ mobile sports betting and casino gaming at 10 MGM properties in the US state of Nevada. The agreement represents GTECH’s first planned sports betting and GTECH OnPremise mobile gaming deployment in the US. “This sports …

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IGT reports 17% decline in corporate revenue performance

US gambling technology provider International Game Technology (IGT), reported its Q1 2015  earnings report (3 months ending 31 December), as the operator recorded a 17% revenue decline to $450.6 million (2013 – 541.2 million ) IGT senior management stated that the decline in revenues was attributed to decreasing sales of products and content for its land based casino division. The …

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IGT shareholders to vote on GTECH merger

International Game Technology (IGT) shareholders will vote on 10 February to pass the planned $.6.4 billion merger agreement with GTECH SpA. The shareholder vote will be held at MGM Grand Lad Vegas, and will require the approval of Nevada Gaming Board. If approved the merger will see GTECH and IGT form a new company head-quartered in the UK. IGT agreed last …

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Ontario launches PlayOLG.ca with GTECH Interactive

Ontario Lottery and Gaming (OLG) has launched its new online gambling hub PlayOLG.ca with GTECH Interactive services. OLG will offer Ontario province consumers with casino games and slot, as well as online lottery purchasing capabilities. The OLG online gambling hub will be maintained using GTECH player provisions services including GTECH interactive player account and games management systems. OLG Vice Presdent …

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GTECH wins Mexican lottery contract

Lottery and gambling technology provider GTECH has secured a six year full service provisions contract with Pronósticos para la Asistencia Pública, the Mexican national online lottery operator. The agreement will see GTECH supply the operator with a full range of provisions including draw based lottery terminals, communications networks and operational support systems. GTECH further announced that it would begin to …

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Betfred ends Australian operations

UK bookmaker Betfred has announced that it has shut down its Australian facing operations, just six months after its launch. Betfred Australia began operations in May 2014 after securing a licence under the Northern Territory Gaming Commission. The company had appointed former Centerbet Marketing Director Luke Brill as Managing Director of Betfred Australia. Betfred had entered the Australian market with …

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GTECH confident of hitting 2014 targets after Q3 income increase

Italian lottery and gambling technology provider GTECH SpA reported an increased operating income of €133.2 million (£104 million) up 30% on Q3 2013 €102.3 million (£80 million). GTECH senior management confirmed that the company was on course  to meet its full year targets, however it expressed concern regarding its decline in Q3 revenues €727.8 million (Q3 2013 – €730.2 million) …

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GTECH SPA launches new GTECH.com website

Gambling technology provider GTECH S.p.A. has announced the launch of its new integrated website, www.gtech.com. The site provides customers, investors, and the industry with a single source of information about GTECH’s complete end-to-end solutions across all channels. The new site applies the latest and best practices of web design for ease of navigation, visual appeal, and device flexibility, including mobile and …

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GTECH board calls shareholder meeting for IGT acquisition

The Governance Board of GTECH SpA has announced a planned extraordinary shareholders’ meeting on 4 November to outline the steps needed by the technology and lottery provider to finalise its acquisition of International Game Technology (IGT). The GTECH SpA board intends to seek approval to seal its cross-border merger of GTECH and Georgia Worldwide Plc. Georgia Worldwide will look to …

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GTECH forms steering committee for IGT integration

GTECH SpA Chief Executive Officer Marco Sala announced via a corporate video that GTECH senior management had begun to plan the integration of recently acquired International Game Technologies (IGT), in what will become one of the gambling industry’s biggest technology operators. Sala stated that the board of GTECH, had created a steering committee in order to aid the process of …

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