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Entrance to IGT's headquarters complex in Reno
Office buildings at IGT's headquarters


International Game Technology is a Renomarker, Nevadamarker based maker of slot machines and other gaming products. The company also operates a facility in Las Vegas and has branch offices around the United Statesmarker.

Presently, IGT also has offices in the United Kingdommarker, Canadamarker, Australia, Japanmarker, and South Africa. For purposes of facilitating operations in Latin America, IGT also maintains a presence in South America.

History

IGT was founded by William S. Redd in 1975 as A-1 Supply. The name was changed to SIRCOMA in 1979 and finally International Game Technology in 1981. On December 8, 2002, Terrible Herbst Gaming agreed to buy IGT's Anchor Coin 1,100 machine slot routes. On October 27, 2003, IGT acquired Acres Gaming, a slot machine and gaming software development company.

On August 25, 2005, IGT acquired WagerWorks, a San Francisco, Californiamarker based company that provides software for online casinos. Wager Works has exclusive rights to provide online versions of slot machine games like Wheel of Fortune, I Dream of Jeannie and The Price is Right. On December 21, 2006, IGT completed its acquisition of Venture Catalyst Incorporated, changing its name to Mariposa Software Inc. and selling its gaming consulting division to a group of its previous management. Mariposa Software continues to operate as a wholly owned subsidiary of IGT, enhancing IGT's positioning as a single-source supplier, offering a complete package for all of a casino's gaming & profit operations.

Further expansion in the Class III market has led IGT to New York, Florida, New Jersey, Pennsylvania, Mississippi, Missouri, Oklahoma, and Texas, along with the cruise ship industry. According to New Jersey and Pennsylvania law, IGT cannot enter without a distributor; in accordance to state law, AC Coin bought Class III IGT machines and is 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; Class II typically being games based on bingo and other community-style wagering systems); 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.

On July 8, 2008 IGT completed their acquisition of Cyberview Technology, a company with intellectual property and experience in the field of server-based-gaming. The acquisition of Cyberview Technology also brought a contract to supply gaming machines to the UK's biggest bookmaker, Ladbrokes, which will allow IGT to supply their slot machine games to the UK market. Competitors in the server-based gaming industry include distributors such as Betstone and game manufacturers such as RocketGames and ID Interactive.

Technology

The company created the Slot Accounting System (SAS) protocol, one of IGT's most notable technologies is EZ-Pay, their ticket-in, ticket-out system.

Reel and video slot machines based on television and film franchises

IGT is notable for its large stable of licensed television and motion picture brand slot machines. Some of these television and movie themed slot machines include:

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:



WagerWorks has offices in San Franciscomarker, Londonmarker and Leamington Spa, Warwickshiremarker. The London location is the game studio and also head UK office. Leamington Spa is the base for Technical and Customer Services.

References

  1. IGT.com
  2. NNDB International Game Technology
  3. UNLV Center for Gaming Research


External links




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