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Legal
November 29, 2024
Lawsuit Says IGT’s Wheel of Fortune Slots Are Intentionally Misleading
IGT, a giant in the manufacture of gaming equipment, is facing legal trouble as plaintiffs claim that its Wheel of Fortune slots line misleads customers. The complaint also involves several major operators and states that the popular slot games trick players into thinking that they have a high chance of landing on a big prize. […]
Industry
November 21, 2024
IGT Confirms Cybersecurity Incident, Launches Investigation
Cyberattacks are not uncommon, especially in the global gambling industry. In 2023, two recognizable gambling operators became victims of cybersecurity breaches. That is the case for MGM Resorts and Caesars Entertainment. Now, another recognizable company within the vertical was affected by a cyberattack. The Cyberattack Temporary Impacted Internal Systems and Applications A filing with the […]
Industry
November 13, 2024
ECA Unveils Supplier Partnership Initiative to Encourage Cooperation
The European Casino Association (ECA) has announced the creation of a new partnership that will foster collaboration between the association and gambling industry providers. Unveiled at the ECA Casino Industry Forum in Slovenia, the so-called ECA Strategic Supplier Partnership will encourage industry cooperation and dialogue with policymakers and industry stakeholders. The Partnership Will Encourage Industry […]
Business
November 12, 2024
IGT Posts Strong Q3 Report Despite Slight Declines Across the Board
IGT, a global leader in gaming technology and content, has published its financials for the third quarter of the year, highlighting the strength of its business. The company also published its current forecasts for the FY results. Revenue Slowed Down But the Results Remained Strong Among other things, the company reported Q3 revenue of $587 […]
Industry
October 16, 2024
IGT Wins $5.3M Tender to Supply Tech to LET’s Manila Project
Gaming tech & content leader International Game Technology (IGT) has won a $5.3 million tender to supply its cutting-edge gaming equipment to LET Group Holdings’ new casino project in Manila. The former company’s experience and rich suite of products were major factors in the successful tender. The Supplier Will Empower the New Casino As per […]
Lottery
August 23, 2024
IGT Unveils New Three-Year Contract with Portugal’s National Lottery
International Game Technology (IGT) announced that its subsidiary, IGT Global Solutions Corporation, has signed a new contract with Santa Casa da Misericórdia de Lisboa (SCML), one of the provider’s longtime partners. IGT Will Supply the Portuguese Lottery with Top-Tier Products According to IGT’s official announcement, IGT Global Solutions Corporation has penned a three-year primary instant […]
Business
August 7, 2024
IGT Selects Nick Khin for President, Global Gaming Role
Amid the sale of IGT’s Gaming and Digital business, the company recently disclosed its second quarter results. The Q2 2024 report pointed to $1.05 billion in revenue for the latest trading period, a figure that marked a decrease of 1% year-over-year. Now, the company announced a senior-level appointment as well. On Wednesday, IGT confirmed the […]
Business
July 30, 2024
IGT Posts Strong Q2 Results as Gaming and Digital Sale Looms
International Game Technology (IGT) has published its Q2 report, highlighting strong financial results. Revenue remained mostly stable during the period, despite a few minor setbacks. IGT’s Financials Were Stable Revenue for the period stood at $1.05 billion, marking a 1% decline from Q2 2023. This comprised $436 million of Gaming and Digital revenue and $613 […]
Business
July 26, 2024
Apollo Funds to Acquire IGT Gaming & Everi Holdings in Historic Deal
Apollo Funds, a newly formed holding subsidiary of Apollo Global Management, has set out to acquire International Game Technology’s IGT Gaming & Digital business and Everi Holdings in a historic arrangement. The transaction values the two companies at approximately $6.3 billion. This deal comes after an earlier agreement between IGT and Everi that saw the […]
Business
July 11, 2024
IGT’s Top Slots Delivered Six $1M+ Jackpots in June
Global gaming content leader International Game Technology (IGT) announced that Wheel of Fortune and Powerbucks slot games have delivered a whopping six life-changing jackpots to players in June alone. The six jackpots of over a million dollars in June were won by players in California, Nevada, New Jersey and Canada. Who Won What and Where? […]
