Center for Gaming Research
 
UNLVGamingReseach on Facebook UNLVGaming on Twitter
UNLV
Research Companies: International Game Technology

Why the company matters International Game Technology (IGT) is a global company specializing in the design, development, manufacturing, distribution and sales of computerized gaming machines and systems products. The Company operates through two segments: The North America Division and The International Division. The North America Division encompasses IGT's operations in the United States and Canada, including the IGT Systems group. North America comprised 79% of the Company's consolidated revenues during the fiscal year ended September 30, 2005 (fiscal 2005). The International Division oversees IGT's efforts abroad in Asia, Australia, New Zealand, Europe, Japan Latin America, Russia, South Africa and the United Kingdom. International comprised 22% of the Company's consolidated revenues in fiscal 2013.

Read IGT's Introduction to Slots and Video Gaming (6.5 mb, pdf)

 
Internatonal Gaming Technology History

1980: IGT incorporated in Nevada to facilitate its initial public offerring

1985: IGT formed a wholly-owned subsidiary, IGT-Australia, to manufacture gaming devices for the Australian market

1986: Megabucks, the first wide area progressive slot system, launched in Nevada

1986: IGT appointed an exclusive distributor for Europe and North Africa and authorized its New Jersey distributor to sell IGT products in the Caribbean

1987: IGT appointed Indo Pacific to distribute its products in Southeast Asia

1988: IGT established CMS International, a wholly-owned subsidiary, to manage certain gaming operations for the company, initialliy in the Mizpah Hotel in Tonopah, Nevada

1989: CMS began leasing the Treasury Club Casino in Sparks, Neada, and held interests in the Silver Club and Antigua's King's Casino.

1990: CMS ceased operations in the Mizpah Hotel, and begins operations in the El Capitan Casino in Tonopah, Nevada

1990: IGT establishes the Iowa Riverboat Corporation, a wholly-owned subsidiary that held interests in the President casino riverboat and Blackhawk Hotel (Davenport, Iowa) and the Admiral riverboat (St. Louis, Missouri)

1990: IGT-Japan established

1991: Deadwood, South Dakota Megabucks began operations

1992: IGT-Europe established in the Netherlands

1992: IGT divests itself of CMS and IRC, leaving casino operations; it also sold its Nevada gaming route to Jackpot Enterprises

1993: IGT-Iceland established to provide equipment and support for that country's video lottery operations

1993: IGT-Argentina established in Buenos Aires

1994: IGT-Brazil established in Sao Paulo

1996: IGT-Peru established in Lima

1996: IGT entered the pachisuro market in Japan

1996: IGT introduced its successful Wheel of Fortune and Game King slots

1996/7: New corporate headquarters built in Reno, Nevada

2000: IGT's EZ Pay system, a ticket in/ticket out slot machine payment system, completed its Nevada field tests at the Fiesta casino (Las Vegas) and was approved for operation

2001: EZ Pay slots became widely installed (ref)

2001: IGT acquired, via merger, Anchor Gaming

2002: IGT created its Lottery Division

2003: IGT sold Anchor Gaming's Nevada slot route to Herbst Gaming

2003: IGT acquired via merger Acres Gaming

2005: IGT formed IGT-Canada

2005: IGT created an Asian division based in Macau, S.A.R.

2005: IGT acquried Wagerworks

2006: IGT installed its first server-based slots at the Barona Casino, California

2006: IGT completed its acquisition of Venture Catalyst Incorporated

2008: IGT completed their acquisition of Cyberview Technology, a company with intellectual property and experience in the field of server-based-gaming.

2009: IGT's sbX system (server-based technology) goes live at ARIA Resort & Casino

2010: IGT won "Best Slot Manufacturer" at 2010 International Gaming Awards

2010: IGT announced new Service Window Solution for Legacy Video Games

2012: IGT acquires Double Down Interactive

International Game Technology: Current Business Divisons

Gaming Division

North American Sales (offices in Nevada, Minnesota, New Jersey, and Ontario)

Native American Gaming (originally under Sodak subsidiary)

Games

IGT Systems

Megajackpots

Distributor (A.C. Coin and Slot)

Joint Venture Partner (Action Gaming)

International Division

Australia

Europe

Iceland

Japan

New Zealand

South Africa

South America

United Kingdom

Subsidiaries

Wagerworks

International Game Technology: Financial Info online

Publicly-accessible sites

Google Finance profile

Yahoo company profile

Reuters company profile

InvestorGuide company profile

International Game Technology Investor Relations

SEC filings (IGT Site) | SEC filings (finance.yahoo)

Annual Reports (1999 to present)

For more detailed information, check out these databases. Note: use is restricted to current UNLV faculty, staff, and students.


Follow UNLVgaming on Follow unlvgaming on Twitter Twitter and UNLVGamingResearch on Facebook

© 2016 University of Nevada, Las Vegas. Do not copy or reuse without permission.


Last modified Wednesday, 21-May-2014 09:22:38 PDT