Tag Archives: Double Down Interactive
- Patti Hart’s Plan for IGT Seems to be Taking Shape
March 24, 2014
A lot has been said about International Game Technology CEO Patti Hart being the cause of the languishing of IGT stock. It is a common strategy to pin blame on one person, and that does have validity especially if that one person is on the very top. But that's easy,...
- Investing The Hard Way: Can IGT Maintain Its Current Run?
September 23, 2013
Nearly a year ago I wrote an article for this site in which I called for International Game Technology CEO Patti Hart to be fired. I questioned a number of Hart's decisions, including the 2011 purchase of Entraction, an oddly timed accelerated stock buyback, and the half-billion dollar acquisition of Double...
- Is IGT On Its Way Back?
January 28, 2013
You have to give credit where credit is due. And while I've been hard on International Game Technology (IGT) over the past year – going so far as to call for CEO Patti Hart's head last fall – the stock finally appears to be headed in the right direction. While...
- Investing The Hard Way: No One To Root For In IGT’s Proxy Fight
January 14, 2013
Back in October, I wrote a piece here on CalvinAyre.com arguing that Patti Hart, CEO of International Game Technology (IGT), needed to move on. While I have no personal vendetta against Ms. Hart, I noted a series of missteps under her leadership, most notably the nine-figure purchases of Entraction and...
- Investing The Hard Way: What I Got Right – And What I Got Wrong
December 17, 2012
As 2012 – and my first year as a columnist here at CalvinAyre.com – comes to a close, I thought it would be a worthwhile exercise to review a year's worth of analysis and predictions for gambling stocks to see what I got right, what I got wrong, and what...
- Investing The Hard Way: Why IGT CEO Patti Hart Has Got To Go
October 15, 2012
Last week I noted the negative impact that poor management can have on publicly traded companies and their share prices. But in discussing the collapses in stocks like Zynga (ZNGA), Caesars Entertainment (CZR), and Groupon (GRPN) – falls that were, at least in some part led by management – I...
Zynga buy four Harpan Solitaire games for $42.5m
March 17, 2017
Caesars, Gamblit testing skill-based games in Las Vegas
March 30, 2017
Pats owner’s casino ties expose NFL’s gambling hypocrisy
April 25, 2017