International Game Technology
From Wikipedia, the free encyclopedia
International Game Technology (NYSE: IGT) is a Reno, Nevada based maker of slot machines and other gaming products. The company also operates a facility in Las Vegas, Nevada and has branch offices around the United States. Presently, IGT also has offices in the United Kingdom, Canada, Australia, Japan, and South Africa. For purposes of facilitating operations in Latin America, IGT also maintains a presence in South America.
[edit] History
On October 27, 2003, IGT acquired Acres Gaming, a slot machine and gaming software development company. Acres continues to operate as a subsidiary of IGT.
On August 25, 2005, IGT acquired WagerWorks, a San Francisco, California based company that provides software for online casinos. Wager Works has exclusive rights to provide online versions of slot machine games like The Wheel of Fortune, I Dream of Jeannie and The Price is Right.
Further expantion in the Class III market has lead IGT to New Jersey, Pennsylvania, Mississippi, Missouri, Oklahoma, and Texas. According to New Jersey and Pensylvania law, IGT cannot enter without a distributior; in accordance to state law, AC Coin bought Class III IGT machines and are now entering them into the New Jersey and Pennsylvania market under the AC-Coin/IGT name. IGT had a similar problem in the Oklahoma market when a new state compact was introduced allowing Class III vendors to enter Native-American Indian Oklahoma casinos (where before, only Class II games were allowed); in accordance to this compact, the casino had to offer an electronic back-end system to monitor the hard-meters within the game. IGT also offers the IGT Advantage System, which is very expensive, thus prompting smaller casinos (which are the majority of Oklahoma's 95+ casinos are) to find independent companies to monitor the meters.
[edit] WagerWorks
WagerWorks does not allow USA based players to play for real money on their software. They provide software to some of the following gaming operators:
- Virgin
- Getminted
- Skybet
- Paddy Power
WagerWorks has offices in San Francisco, London and Leamington Spa, Warwickshire. The London location is the game studio and also head UK office. Leamington Spa is the base for Technical and Customer Services.
