Articles About GTech

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New Jersey Lottery Fails to Live up to its Promises to the State

New Jersey Lottery Fails to Live up to its Promises to the State

Katrina P. November 26, 2015 11:57:23

Officials for the New Jersey lottery are in hot water with state lawmakers, who are becoming increasingly critical of private contractor Northstar’s broken promises. In US gambling news, the New Jersey lottery contributed only $960 million to state programs in the 2015 fiscal year, falling short of their budgeted $1.037 billion. In wake of the […]

New Italian Development Manager at IGT

New Italian Development Manager at IGT

Borbala April 19, 2015 13:24:36

Former head of Italian Administration of State Monopolies (AAMS) takes over the management department of IGT. Following it´s merger with interactive gaming software provider GTECH, International Game Technology (IGT), is known for being one of the largest companies in the market. Marco Sala chief executive of GTECH has been appointed as head of the joint […]

GTECH Finishes the Acquisition of IGT

GTECH Finishes the Acquisition of IGT

Akos April 8, 2015 10:14:58

GTECH, gaming software and service provider, finalized the $6.4 billion purchase of gaming products designer and manufacturer, International Game Technology (IGT). GTECH`s plans for the eminent merger wereannounced last summer. It was reported that company paid $4.7 billion for IGT andundertook its $1.7 billion net debt, too. According to gambling news Marco Sala, CEO of […]

High Court Favors GTECH, IGT Merger To Boost Commercial and Social Gaming

High Court Favors GTECH, IGT Merger To Boost Commercial and Social Gaming

Phyllis F. March 19, 2015 06:58:06

IGT and GTECH together will furnish the government-sponsored and commercial gaming industry with products solutions. GTECH, the Interactive gaming software and services provider and IGT, International Game Technology gaming products designer and manufacturer, will merge after having been been granted approval to do so by the High Court of England and Wales. By acquiring IGT, […]

Successful Year for GTECH Due to Last Quarter’s Results

Successful Year for GTECH Due to Last Quarter’s Results

Bence March 12, 2015 11:41:53

GTECH has reported a great year-on-year growth in 2014 and now they admitted it was mostly because of the success in the final quarter. GTECH, a world-leader mobile casino gambling provider company, has presented great results in the last 3 months of 2014 which boosted their yearly income. During the whole year of 2014, the […]

GTECH Acquires IGT In A New Deal

GTECH Acquires IGT In A New Deal

Bence March 3, 2015 04:33:10

GTECH has announced that the company is about to rebrand as IGT after completing the deal with the gaming products designer company. US gambling news states that one of the greatest mergers in the history of the gambling sector has happened last year after GTECH has confirmed that they had acquired IGT. The deal was […]

Olympic Betting to be Legalised in the State of Nevada

Olympic Betting to be Legalised in the State of Nevada

Bence March 2, 2015 09:07:07

Gamblers in Nevada will be able to place bets on the Olympic Games, the first of which will be the ones in the summer of 2016 in Rio de Janeiro, Brazil. The Nevada Gaming Control Board (NGCB) has decided to approve the legalization of betting on Olympic events. US gambling laws used to forbid betting […]

Italian Lottery Operator Gtech buys US Slots Producer IGT

Italian Lottery Operator Gtech buys US Slots Producer IGT

Iva P. July 18, 2014 13:33:51

Gtech, the operator of the Italian lottery, signed a deal to acquire International Game Technology, slot machines developer, based in Las Vegas, for the stunning amount of $4.7 billion in cash and stock. IGT was constantly in the gambling news and a lot of speculations were discussed regarding its financial stability, before the confirmation of […]

GTECH Announces Very Good First Quarter Despite Drop in Revenue

GTECH Announces Very Good First Quarter Despite Drop in Revenue

Tom S. May 14, 2014 04:34:56

iGaming software and services provider GTECH has announced what it sees as a “very good” first quarter, despite revenue for the first 3 months of 2014 dropping year on year. While reported revenue of EUR 781.3 million – down from EUR 797.5 million in 2013 – the operator of lottery and online gambling sites in […]

Gaming Standards Association Aim to Establish Universal Online Gaming Standards

Gaming Standards Association Aim to Establish Universal Online Gaming Standards

Rab April 3, 2014 15:17:17

The Gaming Standards Association aims to establish a ‘universal online gaming standard’ for the industry in coming months. The association hopes to make an impact and establish a universal online and mobile casino standard, at a series of planned meetings to be held in London, England in early April. The meetings will be hosted by […]

Norsk Tipping Signs Historic Deal with GTECH

Norsk Tipping Signs Historic Deal with GTECH

February 10, 2014 19:29:19

State-owned monopoly to offer online and mobile casino gambling options Norwegian state betting monopoly Norsk Tipping has partnered with global lottery and gaming develop GTECH to launch of range of iGaming options for the domestic market. The firm will offer 65 new games, the largest expansion in its history. The first games were launched on […]