Games Software Poker Network News

Recent mergers a relief to investors
13 Aug 2014

In the past few years, many new products never made it from the Global Gaming Expo trade show floor to a casino. A shake-up was needed.

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IGT granted early termination of Hart-Scott-Rodino waiting period for GTECH merger agreement
11 Aug 2014

Termination of the HSR Act waiting period satisfies one of the conditions required to finalize the acquisition.

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Speakers lineup for G2E announced
31 Jul 2014

Producers of the G2E, scheduled from Sept. 30-Oct. 2 at the Sands Expo and Convention Center, announced the tradeshow and conference’s speaker list Wednesday.

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Multimedia Games sees profits decline in third quarter
31 Jul 2014

The company said Wednesday its net income for the quarter that ended June 30 was $7.6 million, or earnings of 25 cents per share.

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Ask the Slot Expert: Why do I lose on slots one day and win the next?
30 Jul 2014

When is the result of a bonus spin determined? Why is it that you play slots one day and never get ahead but come back the next day and win on every machine you play? Betting advice for a penny slot.

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IGT grows Q3 profits despite revenue decline
30 Jul 2014

During the quarter, IGT collected $467.6 million in revenue, a 19 percent decrease from the same quarter of the 2013.

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Many do-si-dos lead, at last, to a deal
28 Jul 2014

The $6.4 billion acquisition of slot machine manufacturer International Game Technology by lottery provider GTECH shouldn’t have surprised anyone in gaming.

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IGT-GTECH deal called plus for industry
17 Jul 2014

After years without consolidation of the manufacturing side of the gaming industry, the deal between Italy-based GTECH and Nevada-based IGT marked the fourth major transaction in the sector since late last year.

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Speculation abounds on casino industry mergers, acquisitions
14 Jul 2014

For the first time since the recession dried up credit markets and brought mergers and acquisition activity to a standstill, the casino industry is awash with speculation about transactions.

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IGT partners with bwin.party
24 Jun 2014

Game launches across major regulated markets increase excitement for bwin.party players

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IGT share price surges 15 percent on reports company is for sale
10 Jun 2014

An IGT spokesman declined to comment on the report from Reuters, which said the company hired investment bank Morgan Stanley to field sales offers.

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Sorry, IGT, just like McKayla, investors are not impressed
7 May 2014

In April, the company reported a 66 percent decline in earnings and a 15 percent decline in net revenue for the second quarter.

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IGT earnings tumble 66 percent
24 Apr 2014

The company said its net income in the quarter that ended March 31 fell to $25.7 million, compared with $78.2 million in the same three-month period a year ago.

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Merger ushers in leadership shuffle for WMS Industries
16 Apr 2014

Earlier this month, Scientific Games moved WMS’ longtime chief financial officer into the same role with the parent company.

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IGT announces first multistate progressive jackpot network
14 Apr 2014

The initial networks involve casinos operated Caesars Entertainment Corp. and Boyd Gaming Corp.

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