Tag Archives: IGT

Experienced gaming industry executive James Boje has been appointed to the post of Managing Director for Aristocrat’s Europe, Middle East and Africa region, subject to receipt of the necessary regulatory approvals. In a gaming career spanning almost 30 years, Boje has held senior executive positions for some of the most respected brands in the industry, encompassing slot operations, manufacturing, machine …

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 …

Lottery and gambling technology providers GTECH SpA amended the payments terms of its $4.7 billion acquisition of International Game Technology (IGT). GTECH eliminated the terms which allowed investors to choose between all stock or all cash for holdings in IGT. The price of purchase set at $18.25 per share will be paid by GTECH offering $13.69 per share cash, plus …

Gambling and lottery technology provider GTECH has secured a $10.7 billion loan in order to finalise its acquisition of slot machine manufacturer International Game Technology (IGT). Business news source Bloomberg, stated that the $10.7 billion had been granted by 14 international banks, who had been privileged to GTECH’s plans to acquire IGT. The loan will be available to GTECH for …

Italian newspaper La Repubblica reported this weekend that Milan stock listed gambling/lottery technology and provisions supplier GTECH SpA were preparing a bold $ 4 billion (£2.33 billion) acquisition offer to purchase International Game Technology – IGT. The Italian news source confirmed that senior GTECH management, were currently studying the financing dynamics of the deal in order to purchase the New …

GameAccount Network  has concluded an agreement with the Novomatic Group’s i-Gaming solutions provider Greentube Interactive Entertainment Solutions, to distribute its games to GameAccount Network’s operator partners in Europe. This agreement follows similar agreements struck with land based gaming brands such as IGT, Bally, Aristocrat and SG Gaming. GameAccount Network’s use of a content agnostic, open invitation platform enables operators to …

LeoVegas.com, the winner of last year’s “innovation in casino” category at the EGR awards, is continuing to lead the way into the mobile future by launching the next mGaming experience in iTunes App Store. Attempting to stay true to LeoVegas.com’s “mobile first” strategy, the firm says that the App provides an ‘unparalleled gaming experience’. Available for both iPhones and iPads, …

International Game Technology (IGT) – manufacturer of slots and gambling software, has posted its 2014 Q2 earnings report in which the company reported a 66% decline in earnings. During the quarter, IGT posted a net income of $25.7 million, compared to the  $78.2 million generated in the same three-month period in 2013. Further bad news regarding corporate performance saw the …

IGT (NYSE: IGT), today confirmed its continued commitment to innovation and industry leadership in video poker.  The Company has reached an exclusive agreement with long-time partner Action Gaming to extend collaboration on development of multi-hand video poker games for land-based and online play.  As part of the agreement, IGT has purchased patents from Action Gaming which are currently utilized in …