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International Game Technology (1975-2015)
International Game Technology PLC (IGT), formerly Gtech S.p.A. and Lottomatica S.p.A., is a multinational gambling company that produces slot machines and other gambling technology. The company is headquartered in London, with offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 42 percent stake, by De Agostini, which had acquired a majority stake in Lottomatica in 2002. The company began in Italy as Lottomatica. It acquired GTECH Corporation, Gtech Corporation in 2006, with its long history of scandals, and then changed its own name to Gtech in 2013. In 2015, the company acquired American gambling company International Game Technology (1975–2015), International Game Technology and again adopted the acquired company's name as its own. In 2025, the company is poised to Corporate spin-off, spin-off its gaming division for a merger with Everi, with the new gaming entity to be majority-acquired by Apollo Global Management, while De Agostini Group ret ...
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Las Vegas, Nevada
Las Vegas, colloquially referred to as Vegas, is the most populous city in the U.S. state of Nevada and the county seat of Clark County. The Las Vegas Valley metropolitan area is the largest within the greater Mojave Desert, and second-largest in the Southwestern United States. According to the United States Census Bureau, the city had 641,903 residents in 2020, with a metropolitan population of 2,227,053, making it the 24th-most populous city in the United States. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. Most of these venues are located in downtown Las Vegas or on the Las Vegas Strip, which is outside city limits in the unincorporated towns of Paradise and Winchester. The Las Vegas Valley serves as the leading financial, commercial, and cultural center in Nevada. Las Vegas was settled in 1905 and officially incorporated in 1911. At the close of the 20th centu ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. It is distinct from a sell-off, where a company sells a section to another company or firm in exchange for cash or securities. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original Capital stock, stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they t ...
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United States District Court For The District Of Nevada
The United States District Court for the District of Nevada (in case citations, D. Nev.) is the federal district court whose jurisdiction is the state of Nevada. The court has locations in Las Vegas and Reno. Cases from the District of Nevada are appealed to the United States Court of Appeals for the Ninth Circuit (except for patent claims and claims against the U.S. government under the Tucker Act, which are appealed to the Federal Circuit). The United States Attorney's Office for the District of Nevada represents the United States in civil and criminal litigation in the court. , the acting United States attorney is Sue Fahami. Current judges : Former judges Chief judges Succession of seats Courthouses Las Vegas The Lloyd D. George Federal District Courthouse is the home for the district court in Las Vegas. The building of the courthouse was c ...
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Nevada
Nevada ( ; ) is a landlocked state in the Western United States. It borders Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the seventh-most extensive, the 32nd-most populous, and the ninth-least densely populated U.S. state. Nearly three-quarters of Nevada's population live in Clark County, which contains the Las Vegas–Paradise metropolitan area, including three of the state's four largest incorporated cities. Nevada's capital is Carson City. Las Vegas is the largest city in the state. Nevada is officially known as the "Silver State" because of the importance of silver to its history and economy. It is also known as the "Battle Born State" because it achieved statehood during the Civil War (the words "Battle Born" also appear on its state flag); due to the presidency of Abraham Lincoln, the Union benefited immensely from the support of newly awarded statehood by the infusion of t ...
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Class Action
A class action is a form of lawsuit. Class Action may also refer to: * ''Class Action'' (film), 1991, starring Gene Hackman and Mary Elizabeth Mastrantonio * Class Action (band), a garage house band * "Class Action" (''Teenage Robot''), a 2002 episode of ''My Life as a Teenage Robot'' *''Class Action'', a play by Brad Slaight *''Class Action'', a 2002 book that was the basis for the film '' North Country'' *''Cla$$ Action'', a 2005 novel by Henry Denker {{Disambiguation ...
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Aristocrat Gaming
Aristocrat Leisure Limited is an Australian gambling machine manufacturer, which has its administrative and research headquarters in the Sydney suburb of North Ryde. It has marketing and development offices in South Africa, Russia and the United States. Aristocrat is the largest gambling machine manufacturer in Australia, and one of the largest manufacturers of slot machines in the world, currently second only to International Game Technology. History The company produced their first machine in 1953 and was listed on the Australian Stock Exchange in 1996. The company was founded by Len Ainsworth, whose family maintains a substantial stake in the company. Ainsworth is now chairman of a different gaming company, Ainsworth Game Technology. Aristocrat is licensed to distribute slot machines and other gaming products in over 200 jurisdictions (note that many countries, including Australia, have a number of different gaming-license jurisdictions). Aristocrat's CEO blamed the US s ...
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Kalispel Indian Community Of The Kalispel Reservation
The Kalispel Indian Community of the Kalispel Reservation is a federally recognized tribe of Lower Kalispel people, located in Washington. They are an Indigenous people of the Northwest Plateau. Reservation The Kalispel Reservation, located in Usk in Pend Oreille County, Washington. It was founded in 1914 and is large. Government The tribe's headquarters is in Cusick, Washington. The tribe is governed by a democratically elected, five-member tribal council. The general council, composed of enrolled members over the age of 18, vote in a general election the first Friday of June every year. Council members are elected for three-year terms. Members must cast their ballots in person, as there is no absentee voting allowed. The elected council members then vote for the officer positions. When voting on government and business matters the Chairman does not vote unless there is a tie. The current administration is as follows: * Chairman: Glen Nenema * Vice-Chairman: Curt Holmes * ...
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Whistleblower
Whistleblowing (also whistle-blowing or whistle blowing) is the activity of a person, often an employee, revealing information about activity within a private or public organization that is deemed illegal, immoral, illicit, unsafe, unethical or fraudulent. Whistleblowers can use a variety of internal or external channels to communicate information or allegations. Over 83% of whistleblowers report internally to a supervisor, human resources, compliance, or a neutral third party within the company, hoping that the company will address and correct the issues. A whistleblower can also bring allegations to light by communicating with external entities, such as the media, government, or law enforcement. Some countries legislate as to what constitutes a protected disclosure, and the permissible methods of presenting a disclosure. Whistleblowing can occur in the private sector or the public sector. Whistleblowers often face retaliation for their disclosure, including termination of emp ...
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Securities And Exchange Commission
The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market manipulation. Created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act), the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes–Oxley Act of 2002, among other statutes. Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated entities submit quarterly and annual reports, as well as other periodic disclosures. In addition to annual financial re ...
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Trump Entertainment Resorts
Trump Entertainment Resorts, Inc. was a gambling and hospitality company. The company previously owned and operated the now-demolished Trump Plaza and Trump World's Fair (both in Atlantic City), the now-closed Trump Marina, Trump Casino & Hotel in Gary, Indiana, Trump 29 in Coachella, California, and Trump Taj Mahal in Atlantic City. It was founded in 1995 as Trump Hotels & Casino Resorts by Donald Trump, who after 2004 held only a minority ownership. The company filed for bankruptcy in 2004, 2009 and 2014. It became a subsidiary of Icahn Enterprises in 2016. Since then, all of the company's properties have been closed and sold. History The beginning Donald Trump began purchasing properties along the Atlantic City boardwalk in the early 1980s and received a casino license from the New Jersey Casino Control Commission (CCC) on March 15, 1982. He had planned to build his own casino on the boardwalk, but was stalled on the project when Mike Rose, then CEO of Holiday Inn ...
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Atlantic City
Atlantic City, sometimes referred to by its initials A.C., is a Jersey Shore seaside resort city in Atlantic County, in the U.S. state of New Jersey. Atlantic City comprises the second half of the Atlantic City- Hammonton metropolitan statistical area, which encompasses those cities and all of Atlantic County for statistical purposes. Both Atlantic City and Hammonton, as well as the surrounding Atlantic County, are culturally tied to Philadelphia and constitute part of the larger Philadelphia metropolitan area or Delaware Valley, the nation's seventh-largest metropolitan area as of 2020. Located in South Jersey on Absecon Island and known for its taxis, casinos, nightlife, boardwalk, and Atlantic Ocean beaches and coastline, the city is prominently known as the "Las Vegas of the East Coast" and inspired the U.S. version of the board game ''Monopoly'', which uses various Atlantic City street names and destinations in the game. New Jersey voters legalized casino gambling ...
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