Games Software News

A meeting that no one will confirm is taking place could determine the direction of the gaming industry's largest casino operator.

Penn National Gaming, Inc. reports that Christopher M. McErlean, 39, has been named Vice President of Racing, subject to customary regulatory approvals.

International Game Technology Board of Directors has declared a quarterly cash dividend of thirteen cents per share, payable on January 2, 2007 to shareholders of record on December 19, 2006.

Speculation abounded Wednesday on news that regional casino operator Penn National Gaming was making a play to buy gaming industry giant Harrah's Entertainment.

News Brief: According to a source, a group led by Penn National Gaming Inc. and hedge fund D.E. Shaw is considering making a cash and stock offer for casino company Harrah's Entertainment Inc.

News Brief: On the surface, little appears to have changed in terms of Bangor"s social fabric since Hollywood Slots at Bangor opened its doors a year ago this month.

The machine allows players to buy a certain number of video poker hands up front for a set price, unlike the conventional video poker machines that may provide fewer or more hands for the money, based on the luck of the play and the gambler's decision to return any winnings to play more hands.

News Brief: Slot machine makers are trying to increase the social aspect of slots by linking up machines so players can share payouts and the thrill of winning.

Playtech has agreed to acquire certain assets and undertaking of Tribeca Tables Europe Limited.

Penn National Gaming, Inc. has entered into a definitive agreement to purchase the assets of Zia Partners, LLC, which are primarily comprised of Zia Park Racetrack and its Black Gold Casino for $200 million.

Despite a year in which slot machine sales seemed almost nonexistent, industry giant International Game Technology prospered.

News Brief: The Gulf Coast casinos owned by Penn National Gaming are making more money now than they did before Hurricane Katrina, but profits are being offset by higher insurance costs, company executives told investors.

Chartwell Technology Inc. and Parlay Entertainment Inc. report their intention to terminate the proposed business combination.

Penn National Gaming, Inc. reported record third quarter operating results for the period ended September 30, 2006.

News Brief: So hungry is IGT for talented employees that it has donated $500,000 to the University of Nevada, Reno's College of Engineering to fund a computer game studies undergraduate degree program.