Tag Archives: IGT

GTECH secures $10.7 billion acquisition loan

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 …

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GTECH preps $4 billion IGT takeover

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 …

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bwin to launch IGT slot portfolio

Global gaming entertainment giant International Game Technology has partnered with bwin.party digital entertainment to launch many of IGT’s top-performing interactive games on the bwin platform. IGT is supplying its content to bwin.party, which has recently launched online poker and casino offerings in New Jersey under the license of Borgata Hotel Casino and Spa (a long-term IGT land-based casino customer), for …

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Greentube content via GameAccount

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 …

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LeoVegas gets in the App Store

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, …

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IGT post 66% decline in earnings – Q2 2014 figures

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 …

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IGT Strike Action Gaming Partnership

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 …

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