Tag Archives: international game technology
- Telsey: IGT, Sci Games lottery biz may face headwinds in Italy
October 19, 2017
Global gaming equipment manufacturers International Game Technology Plc (IGT) and Scientific Games Corp must brace for headwinds as a result of the political developments in Italy. GGRAsia reported that the two gaming companies must embrace volatility caused by the proposed extension of an Italian government-issued lottery scratch-card concessions. Equity research...
- IGT, Scientific Games to share patented slots game features
September 6, 2017
Rival gaming technology firms International Game Technology (IGT) and Scientific Games Corporation have inked a deal to share proprietary game features. On Tuesday, IGT and Sci-Games announced the signing of a ‘patent cross-licensing agreement.’ The deal will allow the companies, which hold the two largest slots game features patent portfolios...
- Paradise Ent trims H1 net loss to $5.1M
August 23, 2017
Hong Kong-listed gaming device maker and solutions provider Paradise Entertainment Ltd. has trimmed its losses by 90.2 percent in the first half of the year after inking a multi-million dollar deal to grant some exclusive rights to International Game Technology (IGT). In a disclosure to the Hong Kong Stock Exchange...
- IGT sells DoubleDown social casino ops to South Korea’s DoubleU Games for $825m
April 18, 2017
Gaming device maker International Game Technology (IGT) is selling its DoubleDown Casino social gaming operation to a South Korean game giant. On Monday, IGT announced it had signed a definitive purchase agreement to sell its DoubleDown Interactive social gaming division to an affiliate of South Korean social gaming operator DoubleU...
- Florida House Speaker preparing suit vs. IGT over lotto contract
February 15, 2017
Gaming technology provider International Game Technology is set to square off with Florida’s Speaker of the House before over a lottery contract that will require the legislature to pay more money. WFTV.com reported that the Florida House Speaker is drafting a perfectly worded lawsuit against IGT, which inked a deal...
- IGT Q3 revenue up $1.27 billion
November 22, 2016
Strong lottery growth and higher gaming product sales lift International Game Technology Plc’s (IGT) total revenue to US$1.27 billion in the third quarter. IGT also credited the “large systems sale” in Asia for the five percent increase of its total revenue for July to September 2016 period. Excluding North America...
Chaos reigns as Powerball-mad Aussies crash Lottoland website
January 14, 2016