Tag Archives: IGT

GTECH SpA has today completed its $6.4 billion acquisition of Nevada based gambling technology provider International Game Technology (IGT) , finalising its nine month acquisition process. The acquisition hurdles will see GTECH and IGT operate under the corporation name International Game Technology. The merged company will begin trading its new share on the New York Stock Exchange later today. Last …

GTECH SpA governance has announced that the company has cleared all preconditions for its merger with International Game Technology (IGT). GTECH will now be able to complete its merger with IGT operations, following its $6.4 billion acquisition which was first announced in July 2014. The merger of the two gambling technology companies is set to become effective on Tuesday 7 …

Gamescale, a full service provider for online casinos, has teamed up with NYX Gaming Group to offer the NYX OGS to its customers.  Having launched in 2010, and supporting several clients from their base in Malta, Gamescale can now provide a whole range of content from NYX OGS. Gamescale launched earlier this week with an initial set of games from …

The High Court of England & Wales has cleared the acquisition of International Game Technology (IGT) by GTECH SpA. The approval grants the technology provider one of its final steps before clearing its $6.4 billion acquisition of IGT which aims to be completed by 7 April. As previously stated by GTECH governance, once the acquisition is finalised. GTECH and IGT …

GTECH SpA governance has announced that its shares are to be de-listed on from the Milan bourse on 2 April, following its expected completion of US International Game Technology on 7 April. GTECH will form a new company under the name IGT, as the new merged gambling technology operator expects to float on the New York Stock Exchange. The announcement …

GTECH governance has announced that it has received approval of its $6.4 billion acquisition deal of International Game Technology (IGT) by regulators the Nevada Gaming Commission and the Gaming Control Board. The approval represents the final authoritative step needed to be cleared by GTECH in order to progress with its IGT acquisition which first announced on 16 July 2014. GTECH …

International Game Technology ( IGT) has simultaneously launched Prowling Panther across all channels, with the title going live online and on mobile, in parallel with multiple locations of Genting Casinos and Grosvenor Casinos. Jungle-themed Prowling Panther, a resounding success in land-based casinos in other markets around the world, is the first title IGT has released concurrently across all three channels …

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 …

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 …

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) …