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International Game Technology (1975–2015)

March 14, 2024

International Game Technology (IGT) is an American gaming company based in Las Vegas which manufactured and distributed slot machines and other gambling technology. It was acquired in 2015 by GTECH, which then adopted the IGT name.[1]

International Game Technology
IndustryGambling Technology
Founded1975
FounderWilliam Redd
Defunct2015
FateAcquired by GTECH
SuccessorInternational Game Technology
HeadquartersLas Vegas, Nevada
ProductsSlot machines, Online gambling

History edit

1975–1990 edit

IGT was founded as A-1 Supply by William "Si" Redd in 1975.[2] It changed its name to Sircoma in 1978, and then to International Game Technology in 1981.[2] The company went public in 1981.[3] A deciding factor in IGT's decision to go public occurred a few years earlier with the success of its video poker machine gaming product.[4] This product served as a "foot in the door" for the company into several gaming arenas.[citation needed]

In 1984, IGT acquired Electronic Data Technologies making the company one of the first to use the computerized player tracking concept and later instrumental in the proliferation of "frequent-player rewards" programs, which remain popular in casinos to this day. This initial system gave casinos a new marketing tool in player management. Over time, the tracking system evolved into the company's IGT Advantage[5] and sbX[6] systems.

After IGT's initial public offering and listing on NASDAQ, the company debuted many new technologies over several years. A number of products resulted from this process including the S-Slot, which marked the company's entrance into the microprocessor-driven spinning-reel slot market, and the Player's Edge video poker machine. In addition, the company introduced the Nevada Megabucks slot machine, the world's first wide-area progressive slot machine system. With an initial base top jackpot of $1 million, this new game allowed for million-dollar player payouts for casinos on the system. During this time, IGT also established an Australian office to focus on the country's club market.

 
IGT's Las Vegas office
 
IGT's Reno office

1991–2000 edit

In January 1991,[7] a decade after its initial public offering, IGT was listed on the New York Stock Exchange (NYSE). The following year IGT Europe was established to service casinos across the continent. In 1994, international expansion continued with the opening of new sales and service offices in Argentina and South Africa. The NYSE[7] also listed IGT as a top-performing stock that year.

Late in 1996, IGT debuted the Wheel of Fortune progressive slot.[8] This game continues to be one of the most popular gaming machines of all time. The Game King video product[9] featuring multi-denomination technology also was introduced during this time.

In 1998, IGT acquired Barcrest Gaming, located in the United Kingdom, and Sodak Gaming, IGT's gaming distributor for the Native American market.

In 1998, IGT introduced Triple Play Draw Poker through its partnership with Action Gaming;[10] and the Elvis themed slot machine. The new S2000 spinning reel slot machine system was brought to market in 1999.[11]

2001–2012 edit

In 2001, IGT became a member of Standard & Poor's 500 list. The company also continued to acquire gaming companies including Silicon Gaming and Anchor Gaming. The acquisition of Anchor Gaming resulted in doubling gaming operations revenue.[12]

During 2003, IGT acquired Acres Gaming. The company's bonuses and systems technology were a significant addition to IGT's games and systems products.[12] In 2004, the company introduced its central determination system (CDS) as well as its Class II bingo games and systems to the Native American market. IGT Canada was established to serve the emerging Canadian lottery and gaming markets.[13]

In 2005, IGT celebrated its 25th anniversary as a publicly traded company and also acquired WagerWorks for its online gaming technology.[14] It was also the year the company unveiled its first multi-level progressive MegaJackpots product, Fort Knox.[15] In an effort to take advantage of emerging markets, new IGT offices were opened in Macau, Mexico and Russia.

Group play and community bonus games were introduced to the marketplace in 2006 with the debut of Wheel of Fortune Special Edition.[15] The company also celebrated the 10th anniversary of Wheel of Fortune slots,[16] and the 20th anniversary of the Megabucks wide area progressive game.

During the Global Gaming Expo in Las Vegas in 2006, IGT unveiled the M-P Series. The new multi-player concept focused on roulette and baccarat and was the first of the company's electronic multi-player table game products.[17]

In 2007, IGT worked to grow its Mexican gaming operation and product sales in the Japanese and Asian markets. In addition, a new IGT office was opened in China. Two intellectual property arrangements were also announced, these included an arrangement with Austrian-based Novomatic focusing on IGT's M-P Series multi-player product[18] and with PureDepth, Inc. for its 3D-like, Multi-Layer Display (MLD) technology.[19]

IGT opened the Global Technology & Interoperability Center in Reno, Nevada, early in 2008. This first-of-its-kind research and testing center encompasses a 6,500-square-foot (600 m2) facility, which is available for use by gaming manufacturers, customers and third-party gaming products manufacturers. The collaborative center focuses on product testing in a true-to-life casino atmosphere prior to market release.[20] In an effort to diversify business and market opportunities in the United Kingdom, the company acquired Cyberview Technology, Inc.[21]

The company opened IGT Technology Development (Beijing) Co., Ltd. in Beijing, China, in March 2009. The office was established to research and develop gaming, application and systems in addition to providing support, technical services and training.[22]

In 2009, Patti S. Hart was named IGT's new president and CEO.[23] That year also saw the release of sbX Tier One package by IGT Network Systems.[24] The sbX system offers a bank-by-bank solution, which gives casino operators the ability to implement server-based technology without the need to commit the entire casino floor.

Sex and the City Slots were introduced in fall 2009 in the United States.[25] This game features entertaining game play, bonus rounds on a multi-level progressive jackpots platform.

The year ended with IGT's sbX Experience Management System being installed at ARIA Resort & Casino at CityCenter in Las Vegas.[26] ARIA's casino floor opened with a first-of-its-kind combination of IGT systems on the server-based network, including IGT Advantage and sbX.

IGT started 2010 with a repeat win at the International Gaming Awards as Best Slot Manufacturer of the Year[27] and continued to win awards throughout the year. These included 16 awards in Casino Player magazine's Best of Gaming for 2010, top honors in Global Gaming Business' 8th Annual Gaming and Technology Awards, wins in the inaugural Casino Enterprise Management Hospitality Operations Technology Awards, and 35 awards in Strictly Slots Best of Slots Awards.[28]

In the spring of 2010, IGT's sbX Experience Management System was installed in the first European locations as sbX went live at Casino d'Evian in France.[29] This was followed by a number of additional European installations including Casino di Venezia in Italy[30] and Grand Casino Helsinki in Finland.[31]

In November 2010, the Company celebrated the production of its two millionth slot machine.[32]

Late 2010 also saw the creation of an Interactive division within IGT dedicated to further building its online and mobile gaming presence.[33] IGT's WagerWorks and Million-2-1 groups merged into a single global division headquartered in San Francisco, California. This new division provides gaming products to online and mobile markets in regulated, legal markets globally.

The year ended with a substantial go-live for both IGT's network systems products and games. The new casino resort, Cosmopolitan of Las Vegas, opened floor-wide in sbX; the majority floor share of games; plus, an entire suite of IGT Advantage system products.[34]

IGT acquired Entraction in 2011. A poker network with headquarters in Stockholm, Sweden. It also acquired Double Down in 2012, a Facebook game company with its headquarters in Seattle.

2013–present edit

In January 2013, IGT filed its preliminary proxy materials and indicated that it had received a Notice of Intent to Nominate four director candidates for election to the IGT Board at the Company's 2013 Annual Meeting through The Ader Group, run by Jason Ader. The intent of the notice was to inform IGT and its shareholders of a proxy battle that was going to take place, and that the Ader group's nominees include the slot-machine maker's former chief executive Charles Mathewson, and Jason Ader himself.[35][36]

Following the initial release by IGT, The Ader Group issued a statement claiming that IGT relayed inaccurate information concerning Jason Ader and the Ader Group's proxy fight.[37] The initial filing with the Securities and Exchange Commission by IGT suggested that Ader's group seeks election to the board, as Ader and Mathewson control 3 percent of IGT, (8.05 million shares), and they are seeking additional proxies for the company's 2013 annual shareholder meeting to put Mathewson back on the board IGT.[37][38] IGT maintained its original statement.[37]

On January 11, 2013, the Ader Group filed its proxy indicating that it had nominated three people for the IGT board, of which Jason Ader was not one of the candidates. The proxy statement charged IGT has lost value as a result of the decisions and direction of its leadership.[39]

The Ader Group filed its action letter outlining its reasons for the proxy fight and urging stockholders to vote for the Gold slate on January 28, 2013.[40][41]

In July 2014, Italian gaming equipment company Gtech agreed to acquire IGT for a total of $6.4 billion, including $4.7 billion in cash and $1.7 billion in assumed debt. The companies would be combined under a new holding company based in the United Kingdom and the Gtech name would be dropped.[42]

On April 7, 2015, Gtech completed its merger with IGT, the new merger was named as International Game Technology PLC.

IGT games edit

Slots edit

Video poker edit

  • Triple/Five/Ten Play
  • Triple Chance Poker
  • 100 Play
  • All Star Poker
  • Super Times Pay
  • Spin Poker
  • Multi-Strike Poker
  • Ultimate X
  • Quick Quads

Interactive wagering edit

In 2005, IGT purchased the UK focused online gaming supplier Wagerworks for $90 million.[43] Wagerworks supplies casino and slot games to various online gaming sites, including Paddy Power, William Hill and Betfair. The company provides over 100 real money wagering options for customers in legalized jurisdictions. Currently online gaming is prohibited in the US, due to the Unlawful Internet Gambling Enforcement Act of 2006. With an increasing focus on New Media and online distribution channels IGT announced the appointment of Gideon Bierer in January 2010 to head up the division, based in San Francisco.[44] The interactive division also has offices in Paddington, London.

When the new Interactive division debuted in late 2010, IGT's separate mobile- and internet-based gaming groups, known as Million-2-1 and WagerWorks, merged and formed one team with 18 years combined experience.[45] IGT Interactive provides regulatory-compliant casino games content and platform solutions including the wide area progressive MegaJackpots series. IGT Interactive's mobile portfolio includes mobile slot, table, lottery and SMS games, mobile marketing, and platform products across all major mobile technologies including Apple and Android.

In March 2011, the IGT Interactive division moved to 405 Howard Street, Suite 600, in San Francisco, California, and announced plans to add 75 positions to their staff. The new Interactive division headquarters, located at the corner of First and Howard in the heart of SOMA, is home to 100 employees today with the ability to accommodate more than 250. The new 45,884-square-foot (4,262.8 m2) office triples IGT's total office space in San Francisco, allowing IGT to consolidate employees from two different locations in San Francisco, while also allowing for additional growth.[46]

IGT online game titles include:

Slots games edit

  • 3 Reel Hold up
  • Arabian Riches
  • Back To The Future
  • Banana Rama Deluxe
  • Battleship Search and Destroy
  • Bitten
  • Captain Quid's Treasure Quest
  • Captain Jackpot's Cash Ahoy
  • Cats
  • Cleopatra
  • Cleopatra 2
  • Cluedo Who Won It
  • Coyote Moon
  • DaVinci Diamonds
  • Davinci Diamonds Dual Play
  • Deal or No Deal
  • Diamond Queen
  • Double Diamond
  • Dungeons and Dragons Crystal Cavern
  • Dungeons and Dragons Fortress of Fortune
  • Elvis A Little More Action
  • Elvis Multi Strike
  • Elvis Top 20
  • Enchanted Unicorn
  • Fire Opals
  • Five Times Pay
  • Grand Monarch
  • Jeopardy!
  • Jackpot Jewels
  • Kitty Glitter
  • Lil' Lady

Maltese Fortune

  • Monopoly Here and Now
  • Monopoly Multiplier
  • Monopoly Pass Go
  • Monopoly You're In the Money
  • Multi-Slot Jackpot Extreme
  • Noah's Ark
  • Pet's Pay Day
  • Pharaoh's Fortune
  • Pixies of the Forest
  • Rainbow Riches Win Big Shindig
  • Siberian Storm
  • Star Trek
  • Star Trek Against All Odds
  • Super Hoot Loot
  • Texas Tea
  • The 50000 Pyramid
  • The 100000 Pyramid
  • The War of the Worlds
  • Transformers Ultimate Payback
  • Treasures of Troy
  • Triple Fortune Dragon
  • Vacation USA
  • Vegas, Baby
  • Wheel of Fortune Hollywood Edition
  • Wheel of Fortune Triple Action Frenzy
  • White Orchid
  • Wild Wolf
  • Wolf Run

Table games edit

  • Baccarat
  • Caribbean Stud Poker
  • Texas Hold 'Em Bonus
  • Texas Hold 'Em Shootout
  • Three Card Second Chance
  • Wan Doy Pairs Poker
  • 21+3 Blackjack
  • Blackjack
  • European Blackjack
  • Hot Streak Blackjack
  • Power Blackjack
  • Vegas Blackjack with 21+ Bonus
  • Three Wheel Roulette
  • Double Bonus Spin Roulette
  • Grande Roulette
  • Hot Streak Roulette
  • Pinball Roulette
  • Triple Bonus Spin Roulette

Power Blackjack and Three Card Second Chance are unique to IGT online casinos. Three Card Second Chance was developed by gaming consultant and casino game analyst Michael Shackleford[47] also known as The Wizard of Odds.

References edit

  1. ^ PLC (IGT), International Game Technology. "GTECH And International Game Technology Complete Combination And Form The World's Leading End-To-End Gaming Company". www.prnewswire.com. Retrieved 2023-12-27.
  2. ^ a b Bill O'Driscoll (July 17, 2014). "Timeline: The IGT story". Reno Gazette-Journal. Retrieved 2016-06-26.
  3. ^ Mick Roemer, "The Slot Machine Kings." Roemer Gaming LLC. May 2008. Web. 01 July 2010
  4. ^ Al Moe, "International Game Technology 2011-06-10 at the Wayback Machine" About.com. Web.
  5. ^ "IGT Advantage Systems 2008-04-30 at the Wayback Machine." In 1988 IGT formed a strategic partnership with Edward G. Stevenson to acquire and operate regional casinos. International Game Technology. 2008-2010. Web. 01 July 2010
  6. ^ "[1]."Casino Management
  7. ^ a b "International Game Technology." New York Stock Exchange. 01 July 2010. Web. 01 July 2010
  8. ^ "Wheel of Fortune 2008-03-08 at the Wayback Machine." International Game Technology. 2008-2010. Web. 01 July 2010
  9. ^ "Game King Video Poker 2008-06-15 at the Wayback Machine." International Game Technology. 2008-2010. Web. 01 July 2010
  10. ^ "Action Gaming 2008-05-08 at the Wayback Machine." International Game Technology. 2008-2010. Web. 01 July 2010
  11. ^ "S2000 Slots 2008-05-08 at the Wayback Machine." International Game Technology. 2008-2010. Web. 01 July 2010
  12. ^ a b International Game Technology Announces Filing of Articles of Merger With Anchor Gaming for Consummation of the Merger on December 30, 2001. IGT.com. International Game Technology, 26 Dec. 2001. Web. 01 July 2010
  13. ^ International Game Technology Offices. International Game Technology. 2001-1010. Web. 01 July 2010.
  14. ^ International Game Technology Completes Acquisition of WagerWorks, Inc. IGT.com. International Game Technology, 25 Aug. 2005. Web. 01 July 2010
  15. ^ a b IGT Launches Its 25th Anniversary With Impressive Lineup of New Games and Products at Global Gaming Expo. IGT.com. International Game Technology. 07 Sept. 2005. Web. 01 July 2010
  16. ^ Wheel of Fortune Slots. Penny-Slot-Machines.com. Web. 14 March 2011
  17. ^ IGT Focuses in on 'The Big Picture' at Global Gaming Expo. IGT.com. International Game Technology. 06 Nov. 2006. Web. 01 July 2010
  18. ^ IGT Acquires Novomatic Intellectual Property for Multi-Station Games. IGT.com. International Game Technology. 23 Nov. 2006. Web. 01 July 2010
  19. ^ IGT and PureDepth Launch World's First MLD-Based Product. IGT.com. International Game Technology. 31 Dec. 2007. Web. 01 July 2010
  20. ^ Schneider, Rich. "CEM's Networked Gaming Guide Volume 1 Issue 2", Casino Enterprise Management, 30 June 2009. Web. 01 July 2010
  21. ^ International Game Technology Completes Acquisition of Cyberview Technology, Inc. IGT.com. International Game Technology. 08 July 2008. Web. 01 July 2010
  22. ^ "Locations." International Game Technology. 2008-2010. 01 July 2010
  23. ^ Patti S. Hart Named New IGT President and CEO. IGT.com. International Game Technology. 29 March 2009. Web. 01 July 2010
  24. ^ IGT Announces Sale of sbX(TM) Tier One to Imperial Palace Biloxi. IGT.com. International Game Technology. 08 May 2009. Web. 01 July 2010
  25. ^ World Premiere: Sex and the City(TM) Slots. IGT completes debut installs of new slot machine based on award-winning HBO(R) series at nine Nevada casinos. IGT.com. International Game Technology. 04 Dec. 2009. Web. 01 July 2010
  26. ^ IGT's sbX(TM) System Now Live at ARIA Resort & Casino. Next generation casino floor sets new standard for operator flexibility and player experience. IGT.com. International Game Technology. 21 Dec. 2009. Web. 01 July 2010
  27. ^ IGT Wins Best Slot Manufacturer at 2010 International Gaming Awards. IGT.com. International Game Technology. 27 Jan 2010. Web. 01 January 2010
  28. ^ IGT Named Favorite by Industry and Players Alike. IGT.com. International Game Technology. 2 Dec 2010. Web. 01 Dec 2010
  29. ^ IGT's First sbX System in Europe Live at Casino d'Evian in France. IGT.com. International Game Technology. 25 May 2010. Web. 01 May 2010
  30. ^ Italy's Casino di Venezia installs sbX Casino Management System. IGT.com. International Game Technology. 29 June 2010. Web. 01 June 2010
  31. ^ IGT's sbX Casino Management System Goes Live in Finland IGT.com. International Game Technology. 24 June 2010. Web. 01 June 2010
  32. ^ IGT Celebrates 2 Millionth Machine. International Game Technology. 15 Nov 2010. Web. 01 Nov 2010
  33. ^ IGT Announces Online and Mobile Gaming Division. International Game Technology. 10 Nov 2010. Web. 01 Nov 2010
  34. ^ IGT Partners with The Cosmopolitan of Las Vegas to provide integrated casino network. International Game Technology. 10 June 2010. Web. 01 June 2010
  35. ^ "International Game Technology Files Preliminary Proxy Materials". Bloomberg News. 7 January 2013. Retrieved 11 January 2013.
  36. ^ "IGT says Ader Investment seeks to nominate former CEO to board". Reuters. 7 January 2013. Retrieved 11 January 2013.
  37. ^ a b c Stutz, Howard. "Ader disputes statement from IGT in proxy fight". Las Vegas Review Journal. Retrieved 11 January 2013.
  38. ^ Palmeri, Chris (11 January 2013). "IGT Reports Dissident Ader Withdraws From Proposed Slate". Bloomberg. Retrieved 11 January 2013.
  39. ^ Stutz, Howard (11 January 2013). "Investor files preliminary proxy, says IGT has lost value". Las Vegas Review Journal. Retrieved 11 January 2013.
  40. ^ Berzon, Alexander (27 January 2013). "Investor Seeks IGT Board, Management Changes". Wall Street Journal. Retrieved 28 January 2013.
  41. ^ Stutz, Howard (28 January 2013). "Shareholder group challenges IGT management, seeks seats on board". Las Vegas Review Journal. Retrieved 28 January 2013.
  42. ^ Stutz, Howard (July 15, 2014). "IGT sold in $6.4 billion deal with lottery giant GTECH". Las Vegas Review-Journal. Retrieved 2014-07-16.
  43. ^ . Egrmagazine.com. 2005-07-27. Archived from the original on 2011-07-10. Retrieved 2011-05-27.
  44. ^ "Gideon Bierer Named IGT Executive Vice President of New Media". redOrbit. Retrieved 24 July 2011.
  45. ^ iGaming Business. IGT merging online and mobile divisions. Web. 14 March 2011
  46. ^ Casino Enterprise Management. IGT Expands Interactive Division, Takes New Space in San Francisco, Adding 75 Staff. 10 March 2011. Web. 14 March 2011
  47. ^ Shackleford, Michael. "Three Card 2nd Chance Poker". Wizardofodds.com. Retrieved 17 September 2014.

March 14, 2024
international, game, technology, 1975, 2015, this, article, contains, wording, that, promotes, subject, subjective, manner, without, imparting, real, information, please, remove, replace, such, wording, instead, making, proclamations, about, subject, importanc. This article contains wording that promotes the subject in a subjective manner without imparting real information Please remove or replace such wording and instead of making proclamations about a subject s importance use facts and attribution to demonstrate that importance January 2011 Learn how and when to remove this template message International Game Technology IGT is an American gaming company based in Las Vegas which manufactured and distributed slot machines and other gambling technology It was acquired in 2015 by GTECH which then adopted the IGT name 1 International Game TechnologyIndustryGambling TechnologyFounded1975FounderWilliam ReddDefunct2015FateAcquired by GTECHSuccessorInternational Game TechnologyHeadquartersLas Vegas NevadaProductsSlot machines Online gambling Contents 1 History 1 1 1975 1990 1 2 1991 2000 1 3 2001 2012 1 4 2013 present 2 IGT games 2 1 Slots 2 2 Video poker 2 3 Interactive wagering 2 4 Slots games 2 5 Table games 3 ReferencesHistory edit1975 1990 edit IGT was founded as A 1 Supply by William Si Redd in 1975 2 It changed its name to Sircoma in 1978 and then to International Game Technology in 1981 2 The company went public in 1981 3 A deciding factor in IGT s decision to go public occurred a few years earlier with the success of its video poker machine gaming product 4 This product served as a foot in the door for the company into several gaming arenas citation needed In 1984 IGT acquired Electronic Data Technologies making the company one of the first to use the computerized player tracking concept and later instrumental in the proliferation of frequent player rewards programs which remain popular in casinos to this day This initial system gave casinos a new marketing tool in player management Over time the tracking system evolved into the company s IGT Advantage 5 and sbX 6 systems After IGT s initial public offering and listing on NASDAQ the company debuted many new technologies over several years A number of products resulted from this process including the S Slot which marked the company s entrance into the microprocessor driven spinning reel slot market and the Player s Edge video poker machine In addition the company introduced the Nevada Megabucks slot machine the world s first wide area progressive slot machine system With an initial base top jackpot of 1 million this new game allowed for million dollar player payouts for casinos on the system During this time IGT also established an Australian office to focus on the country s club market nbsp IGT s Las Vegas office nbsp IGT s Reno office1991 2000 edit In January 1991 7 a decade after its initial public offering IGT was listed on the New York Stock Exchange NYSE The following year IGT Europe was established to service casinos across the continent In 1994 international expansion continued with the opening of new sales and service offices in Argentina and South Africa The NYSE 7 also listed IGT as a top performing stock that year Late in 1996 IGT debuted the Wheel of Fortune progressive slot 8 This game continues to be one of the most popular gaming machines of all time The Game King video product 9 featuring multi denomination technology also was introduced during this time In 1998 IGT acquired Barcrest Gaming located in the United Kingdom and Sodak Gaming IGT s gaming distributor for the Native American market In 1998 IGT introduced Triple Play Draw Poker through its partnership with Action Gaming 10 and the Elvis themed slot machine The new S2000 spinning reel slot machine system was brought to market in 1999 11 2001 2012 edit In 2001 IGT became a member of Standard amp Poor s 500 list The company also continued to acquire gaming companies including Silicon Gaming and Anchor Gaming The acquisition of Anchor Gaming resulted in doubling gaming operations revenue 12 During 2003 IGT acquired Acres Gaming The company s bonuses and systems technology were a significant addition to IGT s games and systems products 12 In 2004 the company introduced its central determination system CDS as well as its Class II bingo games and systems to the Native American market IGT Canada was established to serve the emerging Canadian lottery and gaming markets 13 In 2005 IGT celebrated its 25th anniversary as a publicly traded company and also acquired WagerWorks for its online gaming technology 14 It was also the year the company unveiled its first multi level progressive MegaJackpots product Fort Knox 15 In an effort to take advantage of emerging markets new IGT offices were opened in Macau Mexico and Russia Group play and community bonus games were introduced to the marketplace in 2006 with the debut of Wheel of Fortune Special Edition 15 The company also celebrated the 10th anniversary of Wheel of Fortune slots 16 and the 20th anniversary of the Megabucks wide area progressive game During the Global Gaming Expo in Las Vegas in 2006 IGT unveiled the M P Series The new multi player concept focused on roulette and baccarat and was the first of the company s electronic multi player table game products 17 In 2007 IGT worked to grow its Mexican gaming operation and product sales in the Japanese and Asian markets In addition a new IGT office was opened in China Two intellectual property arrangements were also announced these included an arrangement with Austrian based Novomatic focusing on IGT s M P Series multi player product 18 and with PureDepth Inc for its 3D like Multi Layer Display MLD technology 19 IGT opened the Global Technology amp Interoperability Center in Reno Nevada early in 2008 This first of its kind research and testing center encompasses a 6 500 square foot 600 m2 facility which is available for use by gaming manufacturers customers and third party gaming products manufacturers The collaborative center focuses on product testing in a true to life casino atmosphere prior to market release 20 In an effort to diversify business and market opportunities in the United Kingdom the company acquired Cyberview Technology Inc 21 The company opened IGT Technology Development Beijing Co Ltd in Beijing China in March 2009 The office was established to research and develop gaming application and systems in addition to providing support technical services and training 22 In 2009 Patti S Hart was named IGT s new president and CEO 23 That year also saw the release of sbX Tier One package by IGT Network Systems 24 The sbX system offers a bank by bank solution which gives casino operators the ability to implement server based technology without the need to commit the entire casino floor Sex and the City Slots were introduced in fall 2009 in the United States 25 This game features entertaining game play bonus rounds on a multi level progressive jackpots platform The year ended with IGT s sbX Experience Management System being installed at ARIA Resort amp Casino at CityCenter in Las Vegas 26 ARIA s casino floor opened with a first of its kind combination of IGT systems on the server based network including IGT Advantage and sbX IGT started 2010 with a repeat win at the International Gaming Awards as Best Slot Manufacturer of the Year 27 and continued to win awards throughout the year These included 16 awards in Casino Player magazine s Best of Gaming for 2010 top honors in Global Gaming Business 8th Annual Gaming and Technology Awards wins in the inaugural Casino Enterprise Management Hospitality Operations Technology Awards and 35 awards in Strictly Slots Best of Slots Awards 28 In the spring of 2010 IGT s sbX Experience Management System was installed in the first European locations as sbX went live at Casino d Evian in France 29 This was followed by a number of additional European installations including Casino di Venezia in Italy 30 and Grand Casino Helsinki in Finland 31 In November 2010 the Company celebrated the production of its two millionth slot machine 32 Late 2010 also saw the creation of an Interactive division within IGT dedicated to further building its online and mobile gaming presence 33 IGT s WagerWorks and Million 2 1 groups merged into a single global division headquartered in San Francisco California This new division provides gaming products to online and mobile markets in regulated legal markets globally The year ended with a substantial go live for both IGT s network systems products and games The new casino resort Cosmopolitan of Las Vegas opened floor wide in sbX the majority floor share of games plus an entire suite of IGT Advantage system products 34 IGT acquired Entraction in 2011 A poker network with headquarters in Stockholm Sweden It also acquired Double Down in 2012 a Facebook game company with its headquarters in Seattle 2013 present edit In January 2013 IGT filed its preliminary proxy materials and indicated that it had received a Notice of Intent to Nominate four director candidates for election to the IGT Board at the Company s 2013 Annual Meeting through The Ader Group run by Jason Ader The intent of the notice was to inform IGT and its shareholders of a proxy battle that was going to take place and that the Ader group s nominees include the slot machine maker s former chief executive Charles Mathewson and Jason Ader himself 35 36 Following the initial release by IGT The Ader Group issued a statement claiming that IGT relayed inaccurate information concerning Jason Ader and the Ader Group s proxy fight 37 The initial filing with the Securities and Exchange Commission by IGT suggested that Ader s group seeks election to the board as Ader and Mathewson control 3 percent of IGT 8 05 million shares and they are seeking additional proxies for the company s 2013 annual shareholder meeting to put Mathewson back on the board IGT 37 38 IGT maintained its original statement 37 On January 11 2013 the Ader Group filed its proxy indicating that it had nominated three people for the IGT board of which Jason Ader was not one of the candidates The proxy statement charged IGT has lost value as a result of the decisions and direction of its leadership 39 The Ader Group filed its action letter outlining its reasons for the proxy fight and urging stockholders to vote for the Gold slate on January 28 2013 40 41 In July 2014 Italian gaming equipment company Gtech agreed to acquire IGT for a total of 6 4 billion including 4 7 billion in cash and 1 7 billion in assumed debt The companies would be combined under a new holding company based in the United Kingdom and the Gtech name would be dropped 42 On April 7 2015 Gtech completed its merger with IGT the new merger was named as International Game Technology PLC IGT games editSlots edit Wheel of Fortune The Price Is Right Jeopardy Family Feud Let s Make a Deal Sale of the Century The Dating Game The Newlywed Game The Joker s Wild The 25 000 Pyramid The 100 000 Pyramid The 1 000 000 Pyramid Megabucks Sex and the City The Amazing Race Star Wars Elvis Top Dollar Double Diamond Red White amp Blue Super Times Pay Wolf Run Cleopatra Cats Kitty Glitter White Orchid Siberian Storm Golden Goddess Black Widow Pharaohs Fortune Hexbreaker Video poker edit Triple Five Ten Play Triple Chance Poker 100 Play All Star Poker Super Times Pay Spin Poker Multi Strike Poker Ultimate X Quick Quads Interactive wagering edit In 2005 IGT purchased the UK focused online gaming supplier Wagerworks for 90 million 43 Wagerworks supplies casino and slot games to various online gaming sites including Paddy Power William Hill and Betfair The company provides over 100 real money wagering options for customers in legalized jurisdictions Currently online gaming is prohibited in the US due to the Unlawful Internet Gambling Enforcement Act of 2006 With an increasing focus on New Media and online distribution channels IGT announced the appointment of Gideon Bierer in January 2010 to head up the division based in San Francisco 44 The interactive division also has offices in Paddington London When the new Interactive division debuted in late 2010 IGT s separate mobile and internet based gaming groups known as Million 2 1 and WagerWorks merged and formed one team with 18 years combined experience 45 IGT Interactive provides regulatory compliant casino games content and platform solutions including the wide area progressive MegaJackpots series IGT Interactive s mobile portfolio includes mobile slot table lottery and SMS games mobile marketing and platform products across all major mobile technologies including Apple and Android In March 2011 the IGT Interactive division moved to 405 Howard Street Suite 600 in San Francisco California and announced plans to add 75 positions to their staff The new Interactive division headquarters located at the corner of First and Howard in the heart of SOMA is home to 100 employees today with the ability to accommodate more than 250 The new 45 884 square foot 4 262 8 m2 office triples IGT s total office space in San Francisco allowing IGT to consolidate employees from two different locations in San Francisco while also allowing for additional growth 46 IGT online game titles include Slots games edit 3 Reel Hold up Arabian Riches Back To The Future Banana Rama Deluxe Battleship Search and Destroy Bitten Captain Quid s Treasure Quest Captain Jackpot s Cash Ahoy Cats Cleopatra Cleopatra 2 Cluedo Who Won It Coyote Moon DaVinci Diamonds Davinci Diamonds Dual Play Deal or No Deal Diamond Queen Double Diamond Dungeons and Dragons Crystal Cavern Dungeons and Dragons Fortress of Fortune Elvis A Little More Action Elvis Multi Strike Elvis Top 20 Enchanted Unicorn Fire Opals Five Times Pay Grand Monarch Jeopardy Jackpot Jewels Kitty Glitter Lil LadyMaltese Fortune Monopoly Here and Now Monopoly Multiplier Monopoly Pass Go Monopoly You re In the Money Multi Slot Jackpot Extreme Noah s Ark Pet s Pay Day Pharaoh s Fortune Pixies of the Forest Rainbow Riches Win Big Shindig Siberian Storm Star Trek Star Trek Against All Odds Super Hoot Loot Texas Tea The 50000 Pyramid The 100000 Pyramid The War of the Worlds Transformers Ultimate Payback Treasures of Troy Triple Fortune Dragon Vacation USA Vegas Baby Wheel of Fortune Hollywood Edition Wheel of Fortune Triple Action Frenzy White Orchid Wild Wolf Wolf Run Table games edit Baccarat Caribbean Stud Poker Texas Hold Em Bonus Texas Hold Em Shootout Three Card Second Chance Wan Doy Pairs Poker 21 3 Blackjack Blackjack European Blackjack Hot Streak Blackjack Power Blackjack Vegas Blackjack with 21 Bonus Three Wheel Roulette Double Bonus Spin Roulette Grande Roulette Hot Streak Roulette Pinball Roulette Triple Bonus Spin Roulette Power Blackjack and Three Card Second Chance are unique to IGT online casinos Three Card Second Chance was developed by gaming consultant and casino game analyst Michael Shackleford 47 also known as The Wizard of Odds References edit PLC IGT International Game Technology GTECH And International Game Technology Complete Combination And Form The World s Leading End To End Gaming Company www prnewswire com Retrieved 2023 12 27 a b Bill O Driscoll July 17 2014 Timeline The IGT story Reno Gazette Journal Retrieved 2016 06 26 Mick Roemer The Slot Machine Kings Roemer Gaming LLC May 2008 Web 01 July 2010 Al Moe International Game Technology Archived 2011 06 10 at the Wayback Machine About com Web IGT Advantage Systems Archived 2008 04 30 at the Wayback Machine In 1988 IGT formed a strategic partnership with Edward G Stevenson to acquire and operate regional casinos International Game Technology 2008 2010 Web 01 July 2010 1 Casino Management a b International Game Technology New York Stock Exchange 01 July 2010 Web 01 July 2010 Wheel of Fortune Archived 2008 03 08 at the Wayback Machine International Game Technology 2008 2010 Web 01 July 2010 Game King Video Poker Archived 2008 06 15 at the Wayback Machine International Game Technology 2008 2010 Web 01 July 2010 Action Gaming Archived 2008 05 08 at the Wayback Machine International Game Technology 2008 2010 Web 01 July 2010 S2000 Slots Archived 2008 05 08 at the Wayback Machine International Game Technology 2008 2010 Web 01 July 2010 a b International Game Technology Announces Filing of Articles of Merger With Anchor Gaming for Consummation of the Merger on December 30 2001 IGT com International Game Technology 26 Dec 2001 Web 01 July 2010 International Game Technology Offices International Game Technology 2001 1010 Web 01 July 2010 International Game Technology Completes Acquisition of WagerWorks Inc IGT com International Game Technology 25 Aug 2005 Web 01 July 2010 a b IGT Launches Its 25th Anniversary With Impressive Lineup of New Games and Products at Global Gaming Expo IGT com International Game Technology 07 Sept 2005 Web 01 July 2010 Wheel of Fortune Slots Penny Slot Machines com Web 14 March 2011 IGT Focuses in on The Big Picture at Global Gaming Expo IGT com International Game Technology 06 Nov 2006 Web 01 July 2010 IGT Acquires Novomatic Intellectual Property for Multi Station Games IGT com International Game Technology 23 Nov 2006 Web 01 July 2010 IGT and PureDepth Launch World s First MLD Based Product IGT com International Game Technology 31 Dec 2007 Web 01 July 2010 Schneider Rich CEM s Networked Gaming Guide Volume 1 Issue 2 Casino Enterprise Management 30 June 2009 Web 01 July 2010 International Game Technology Completes Acquisition of Cyberview Technology Inc IGT com International Game Technology 08 July 2008 Web 01 July 2010 Locations International Game Technology 2008 2010 01 July 2010 Patti S Hart Named New IGT President and CEO IGT com International Game Technology 29 March 2009 Web 01 July 2010 IGT Announces Sale of sbX TM Tier One to Imperial Palace Biloxi IGT com International Game Technology 08 May 2009 Web 01 July 2010 World Premiere Sex and the City TM Slots IGT completes debut installs of new slot machine based on award winning HBO R series at nine Nevada casinos IGT com International Game Technology 04 Dec 2009 Web 01 July 2010 IGT s sbX TM System Now Live at ARIA Resort amp Casino Next generation casino floor sets new standard for operator flexibility and player experience IGT com International Game Technology 21 Dec 2009 Web 01 July 2010 IGT Wins Best Slot Manufacturer at 2010 International Gaming Awards IGT com International Game Technology 27 Jan 2010 Web 01 January 2010 IGT Named Favorite by Industry and Players Alike IGT com International Game Technology 2 Dec 2010 Web 01 Dec 2010 IGT s First sbX System in Europe Live at Casino d Evian in France IGT com International Game Technology 25 May 2010 Web 01 May 2010 Italy s Casino di Venezia installs sbX Casino Management System IGT com International Game Technology 29 June 2010 Web 01 June 2010 IGT s sbX Casino Management System Goes Live in Finland IGT com International Game Technology 24 June 2010 Web 01 June 2010 IGT Celebrates 2 Millionth Machine International Game Technology 15 Nov 2010 Web 01 Nov 2010 IGT Announces Online and Mobile Gaming Division International Game Technology 10 Nov 2010 Web 01 Nov 2010 IGT Partners with The Cosmopolitan of Las Vegas to provide integrated casino network International Game Technology 10 June 2010 Web 01 June 2010 International Game Technology Files Preliminary Proxy Materials Bloomberg News 7 January 2013 Retrieved 11 January 2013 IGT says Ader Investment seeks to nominate former CEO to board Reuters 7 January 2013 Retrieved 11 January 2013 a b c Stutz Howard Ader disputes statement from IGT in proxy fight Las Vegas Review Journal Retrieved 11 January 2013 Palmeri Chris 11 January 2013 IGT Reports Dissident Ader Withdraws From Proposed Slate Bloomberg Retrieved 11 January 2013 Stutz Howard 11 January 2013 Investor files preliminary proxy says IGT has lost value Las Vegas Review Journal Retrieved 11 January 2013 Berzon Alexander 27 January 2013 Investor Seeks IGT Board Management Changes Wall Street Journal Retrieved 28 January 2013 Stutz Howard 28 January 2013 Shareholder group challenges IGT management seeks seats on board Las Vegas Review Journal Retrieved 28 January 2013 Stutz Howard July 15 2014 IGT sold in 6 4 billion deal with lottery giant GTECH Las Vegas Review Journal Retrieved 2014 07 16 IGT buys WagerWorks for US amp 38 90m cash eGaming Review Egrmagazine com 2005 07 27 Archived from the original on 2011 07 10 Retrieved 2011 05 27 Gideon Bierer Named IGT Executive Vice President of New Media redOrbit Retrieved 24 July 2011 iGaming Business IGT merging online and mobile divisions Web 14 March 2011 Casino Enterprise Management IGT Expands Interactive Division Takes New Space in San Francisco Adding 75 Staff 10 March 2011 Web 14 March 2011 Shackleford Michael Three Card 2nd Chance Poker Wizardofodds com Retrieved 17 September 2014 Retrieved from https en wikipedia org w index php title International Game Technology 1975 2015 amp oldid 1192075566, wikipedia, wiki, book, books, library,

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