International Game Technology (1975–2015)
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International Game Technology (IGT) was a former
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, p ...
gaming company based in
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that manufactured and distributed
slot machine A slot machine, fruit machine (British English), poker machine or pokie (Australian English and New Zealand English) is a gambling machine that creates a game of chance for its customers. A slot machine's standard layout features a screen disp ...
s and other gambling technology. It was acquired in 2015 by GTECH for $6.4 billion, which then adopted the IGT name.


History


1975–1990

IGT was founded as an A-1 Supply by William "Si" Redd in 1975. It changed its name to Sircoma in 1978, and then to International Game Technology (IGT) in 1981. The company went public in 1981, following its success in the video poker machine industry. In 1984, IGT acquired Electronic Data Technologies, becoming one of the first companies to use the Computerized Player Tracking concept (CPT), which later contributed to the growth of 'frequent-player rewards' programs. This initial system gave casinos new marketing tools in player management, and over time, the tracking system evolved into the company's IGT Advantage and SBX systems. After IGT's
IPO An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
and
NASDAQ The Nasdaq Stock Market (; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City. It is the most active stock trading venue in the U.S. by volume, and ranked second on the list ...
listing, the company introduced the S-Slot. This marked its entry into the spinning-reel slot market, and the Player's Edge video poker machine. IGT also launched the Nevada Megabucks slot machine, the first wide-area progressive slot machine system with a $1 million base jackpot. Additionally, IGT established an office in Australia to target the club market.


1991–2000

In January 1991,International Game Technology
" New York Stock Exchange. 01 July 2010. Web. 01 July 2010
a decade after its initial public offering, IGT was listed on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...
(NYSE). The following year, IGT Europe was established to service casinos across the continent, and commissioned new offices in South Africa, and Argentina. In 1996, IGT licensed the game show '' Wheel of Fortune'' for a line of slot machines; chairman Charles Mathewson had encountered a
Sony Pictures Television Sony Pictures Television Inc. (abbreviated as SPT) is an American television production company, production and broadcast syndication, distribution studio. Based at the Sony Pictures Studios complex in Culver City, California, it is a division o ...
executive by chance at an awards show. During this time, they also introduced The Game King video product which featured multi-denomination technology. In 1998, IGT acquired Barcrest Gaming, located in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
, along with Sodak Gaming, the distributor for the
Native American Native Americans or Native American usually refers to Native Americans in the United States. Related terms and peoples include: Ethnic groups * Indigenous peoples of the Americas, the pre-Columbian peoples of North, South, and Central America ...
market. In that time, IGT also introduced Triple Play Draw Poker through its partnership with Action Gaming, and an
Elvis Elvis Aaron Presley (January 8, 1935 – August 16, 1977) was an American singer and actor. Referred to as the "King of Rock and Roll", he is regarded as one of the most significant cultural figures of the 20th century. Presley's sexuall ...
-themed slot machine. Their new S2000 spinning reel slot machine system was brought to the market in 1999.


2001–2012

In 2001, IGT became a member of the
S&P 500 The Standard and Poor's 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices and in ...
. The company also continued to acquire gaming companies including Silicon Gaming and Anchor Gaming. The acquisition of Anchor Gaming resulted in doubled gaming operations revenue.International Game Technology Announces Filing of Articles of Merger With Anchor Gaming for Consummation of the Merger on December 30, 2001
IGT.com. International Game Technology, 26 Dec. 2001. Web. 01 July 2010
The Anchor acquisition also gave IGT the rights to patents it had licensed for bonus wheels on slot machines, which were being leveraged for the ''Wheel of Fortune'' line. During 2003, IGT acquired Acres Gaming. The company's bonuses and systems technology were a significant addition to IGT's games and systems products. In 2004, the company introduced its central determination system (CDS) as well as its Class II bingo games and systems to the Native American market. IGT
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was established to serve the emerging Canadian lottery and gaming markets. In 2005, IGT celebrated its 25th anniversary as a publicly traded company. During that year IGT acquired Wager Works, and the company unveiled its first multi-level progressive Mega Jackpots product, known as Fort Knox.IGT Launches Its 25th Anniversary With Impressive Lineup of New Games and Products at Global Gaming Expo
IGT.com. International Game Technology. 07 Sept. 2005. Web. 01 July 2010
In an effort to take advantage of emerging markets, new IGT offices were opened in
Macau Macau or Macao is a special administrative regions of China, special administrative region of the People's Republic of China (PRC). With a population of about people and a land area of , it is the most List of countries and dependencies by p ...
,
Mexico Mexico, officially the United Mexican States, is a country in North America. It is the northernmost country in Latin America, and borders the United States to the north, and Guatemala and Belize to the southeast; while having maritime boundar ...
and
Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...
. Group play and community bonus games were introduced to the marketplace in 2006 with the debut of Wheel of Fortune Special Edition. The company also celebrated its 10th anniversary of Wheel of Fortune slots, as well as the 20th anniversary of the Megabucks wide area progressive game. During the
Global Gaming Expo Global Gaming Expo (G2E) is a gambling industry trade show presented by the American Gaming Association (AGA) and organized by Reed Exhibitions. The flagship G2E convention debuted in 2001 and is held each fall in Las Vegas, Nevada. G2E Las Vega ...
in Las Vegas in 2006, IGT revealed the M-P Series. The new multi-player concept focused on roulette and baccarat and was the first of the company's electronic multi-player table game products. In 2007, IGT worked to grow its Mexican gaming operation and product sales in the Japanese and Asian markets. In addition, a new IGT office was opened in China. Two intellectual property arrangements were also announced. These included an arrangement with Austrian-based
Novomatic Novomatic is an international gambling company based in Austria, founded by Johann Graf in 1980. Novomatic operates about 2,000 casinos and other gaming facilities in about 50 countries, many of them under the Admiral Casino brand. It also offe ...
focusing on IGT's M-P Series multi-player product and with Pure Depth, Inc. for its 3D-like, Multi-Layer Display (MLD) technology. IGT opened the Global Technology & Interoperability Center in
Reno Reno ( ) is a city in the northwest section of the U.S. state of Nevada, along the Nevada–California border. It is the county seat and most populous city of Washoe County, Nevada, Washoe County. Sitting in the High Eastern Sierra foothills, ...
,
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, th ...
, early in 2008. This first-of-its-kind research and testing center encompasses a facility, which is available for use by gaming manufacturers, customers, and third-party gaming product manufacturers. The collaborative center focuses on product testing in a true-to-life casino atmosphere prior to market release. In an effort to diversify business and market opportunities in the United Kingdom, the company acquired Cyber-view Technology, Inc. The company opened IGT Technology Development (Beijing) Co., Ltd. in
Beijing, China Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...
, in March 2009. The office was established to research and develop gaming, application and systems in addition to providing support, technical services and training. In 2009, Patti S. Hart was appointed as IGT's new president and CEO. That year also saw the release of SBX Tier One package by IGT Network Systems.
Sex and the City ''Sex and the City'' is an American romantic comedy, romantic comedy-drama television series created by Darren Star for HBO, based on Sex and the City (newspaper column), the newspaper column and 1996 book by Candace Bushnell. It premiered in th ...
Slots were introduced in fall 2009 in the United States. This game features game play with bonus rounds on a multi-level progressive jackpots platform. The year ended with IGT's SBX Experience Management System being installed at
ARIA Resort & Casino Aria Resort and Casino is a luxury resort and casino, and the primary property at the CityCenter complex, located on the Las Vegas Strip in Paradise, Nevada. It is owned by The Blackstone Group and operated by MGM Resorts International. Constru ...
at
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in Las Vegas. ARIA's casino floor opened with a first-of-its-kind combination of IGT systems on the server-based network, including IGT Advantage and SBX. IGT started 2010 with a repeat win at the International Gaming Awards as Best Slot Manufacturer of the Year and continued to win awards throughout the year. These included 16 awards in Casino Player magazine's Best of Gaming for 2010, top honors in Global Gaming Business' 8th Annual Gaming and Technology Awards, wins in the inaugural Casino Enterprise Management Hospitality Operations Technology Awards, and 35 awards in Strictly Slots Best of Slots Awards. In the spring of 2010, IGT's SBX Experience Management System was installed in the first European locations as SBX went live at Casino D'Evian in France. This was followed by a number of additional European installations including Casino di Venezia in Italy and Grand Casino Helsinki in Finland. In November 2010, the Company celebrated the production of its two millionth slot machine. Late 2010 also saw the creation of an Interactive division within IGT dedicated to further building its online and mobile gaming presence. IGT's Wager Works and Million-2-1 groups merged into a single global division headquartered in San Francisco, California. This new division provides gaming products to online and mobile markets in regulated, legal markets globally. The year ended with a substantial go-live for both IGT's network systems products and games. The new casino resort,
Cosmopolitan of Las Vegas The Cosmopolitan of Las Vegas (commonly referred to simply as The Cosmopolitan or The Cosmo) is a resort casino and hotel on the Las Vegas Strip in Paradise, Nevada. It is owned by The Blackstone Group, Stonepeak Partners, and Cherng Family Tru ...
, opened floor-wide in sbX; the majority floor share of games; plus, an entire suite of IGT Advantage system products. IGT acquired Entraction in 2011. It was a poker network and video game developer with headquarters in Stockholm, Sweden. It also acquired Double Down in 2012, a Facebook game company with its headquarters in Seattle.


2013–present

In January 2013, IGT filed its preliminary proxy materials and indicated that it had received a Notice of Intent to Nominate four director candidates for election to the IGT Board at the Company's 2013 Annual Meeting through The Ader Group, run by Jason Ader. The intent of the notice was to inform IGT and its shareholders of a proxy battle that was going to take place, and that the Ader group's nominees include the slot-machine maker's former chief executive Charles Mathewson, and Jason Ader himself. Following the initial release by IGT, The Ader Group issued a statement claiming that IGT relayed inaccurate information concerning Jason Ader and the Ader Group's proxy fight. The initial filing with the Securities and Exchange Commission by IGT suggested that Ader's group seeks election to the board, as Ader and Mathewson control 3 percent of IGT, (8.05 million shares), and they are seeking additional proxies for the company's 2013 annual shareholder meeting to put Mathewson back on the board IGT. IGT maintained its original statement. On January 11, 2013, the Ader Group filed its proxy indicating that it had nominated three people for the IGT board, of which Jason Ader was not one of the candidates. The proxy statement claimed that IGT had lost value as a result of the decisions and direction of its leadership. The Ader Group filed its action letter outlining its reasons for the proxy fight and urging stockholders to vote for the Gold slate on January 28, 2013. In July 2014, Italian gaming equipment company Gtech agreed to acquire IGT for a total of $6.4 billion, including $4.7 billion in cash and $1.7 billion in assumed debt. The companies would be combined under a new holding company based in the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
and the Gtech name would be dropped. On April 7, 2015, Gtech completed its
merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...
with IGT, the new merger was named International Game Technology PLC.


IGT games


Slots


Video poker

* ''Triple/Five/Ten Play'' * ''Triple Chance Poker'' * ''100 Play'' * ''All Star Poker'' * ''Super Times Pay'' * ''Spin Poker'' * ''Multi-Strike Poker'' * ''Ultimate X'' * ''Quick Quads'' * '' Wheel of Fortune'' * ''
The Price Is Right ''The Price Is Right'' is an American television game show where contestants compete by guessing the prices of merchandise to win cash and prizes. A 1972 revival by Mark Goodson and Bill Todman of their The Price Is Right (1956 American game ...
'' * ''
Jeopardy! ''Jeopardy!'' is an American television game show created by Merv Griffin. The show is a quiz competition that reverses the traditional question-and-answer format of many quiz shows. Rather than being given questions, contestants are instead g ...
'' * ''
Family Feud ''Family Feud'' is an American television game show created by Mark Goodson. Two families compete on each episode to name the most popular answers to survey questions in order to win cash and prizes. The show has had three separate runs, the ...
'' * ''
Let's Make a Deal ''Let's Make a Deal'' (also known as ''LMAD'') is a television game show that originated in the United States in 1963 and has since been produced in many countries throughout the world. The program was created and produced by Stefan Hatos and Mo ...
'' * ''
Sale of the Century ''Sale of the Century'' (stylized as ''$ale of the Century'') is an American television game show that originally debuted on September 29, 1969, on NBC daytime. It was one of three NBC game shows to premiere on that date, the other two being t ...
'' * ''
The Dating Game ''The Dating Game'' is an American television game show that first aired on December 20, 1965, and was the first of many shows created and packaged by Chuck Barris from the 1960s through the 1980s. ABC dropped the show on July 6, 1973, but it ...
'' * ''
The Newlywed Game ''The Newlywed Game'' is an American television game show. Newly married couples compete against each other in a series of revealing question rounds to determine how well the spouses know or do not know each other. The program, originally created ...
'' * ''
The Joker's Wild ''The Joker's Wild'' is an American television game show that aired at different times between 1972 and 2017. Contestants answer trivia questions based on categories determined randomly by a mechanism resembling a slot machine. The show's titl ...
'' * ''
The $25,000 Pyramid ''Pyramid'' is an American game show franchise that has aired several versions domestically and internationally. The show was developed by Bob Stewart. The original series, ''The $10,000 Pyramid'', debuted on CBS on March 26, 1973, and spawned ...
'' * ''
The $100,000 Pyramid ''Pyramid'' is an American game show franchise that has aired several versions domestically and internationally. The show was developed by Bob Stewart. The original series, ''The $10,000 Pyramid'', debuted on CBS on March 26, 1973, and spawned ...
'' * '' The $1,000,000 Pyramid'' * ''Megabucks'' * ''
Sex and the City ''Sex and the City'' is an American romantic comedy, romantic comedy-drama television series created by Darren Star for HBO, based on Sex and the City (newspaper column), the newspaper column and 1996 book by Candace Bushnell. It premiered in th ...
'' * ''
The Amazing Race ''The Amazing Race'' is an adventure reality competition franchise in which teams of two people race around the world in competition with other teams. ''The Amazing Race'' is split into legs, with teams tasked to deduce clues, navigate themselv ...
'' * ''
Star Wars ''Star Wars'' is an American epic film, epic space opera media franchise created by George Lucas, which began with the Star Wars (film), eponymous 1977 film and Cultural impact of Star Wars, quickly became a worldwide popular culture, pop cu ...
'' * ''
Elvis Elvis Aaron Presley (January 8, 1935 – August 16, 1977) was an American singer and actor. Referred to as the "King of Rock and Roll", he is regarded as one of the most significant cultural figures of the 20th century. Presley's sexuall ...
'' * ''Top Dollar'' * ''Double Diamond'' * ''Red, White & Blue'' * ''Super Times Pay'' * ''Wolf Run'' * ''Cleopatra'' * ''Cats'' *
Kitty Glitter
' * ''White Orchid'' * ''Siberian Storm'' * ''Golden Goddess'' * ''Black Widow'' * ''Pharaohs Fortune'' * ''Hexbreaker''


Interactive wagering

In 2005, IGT purchased the UK focused online gaming supplier Wagerworks for $90 million. Wagerworks supplies casino and slot games to various online gaming sites, including
Paddy Power Paddy Power is an Irish gambling company founded in 1988. Its product offering includes sports betting, online casino, online poker, and online bingo. Business operations are led from its headquarters in Dublin, alongside a satellite office ...
, William Hill and
Betfair Betfair is a British Gambling, gambling company founded in 2000. Its product offering includes betting exchange, sports betting, online casino, online poker, and online bingo. Business operations are led from its headquarters in London, alongsi ...
. The company provides over 100 real money wagering options for customers in legalized jurisdictions. Currently online gaming is prohibited in the US, due to the
Unlawful Internet Gambling Enforcement Act of 2006 The Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) is United States legislation regulating online gambling. It was added as Title VIII to the SAFE Port Act (found at ) which otherwise regulated port security. The UIGEA prohibits g ...
. With an increasing focus on New Media and online distribution channels IGT announced the appointment of Gideon Bierer in January 2010 to head up the division, based in
San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
. The interactive division also has offices in
Paddington, London Paddington is an List of areas of London, area in the City of Westminster, in central London, England. A medieval parish then a Metropolitan Borough of Paddington, metropolitan borough of the County of London, it was integrated with Westminster ...
. When the new Interactive division debuted in late 2010, IGT's separate mobile- and internet-based gaming groups, known as Million-2-1 and WagerWorks, merged and formed one team with 18 years combined experience. IGT Interactive provides regulatory-compliant casino games content and platform solutions including the wide area progressive MegaJackpots series. IGT Interactive's mobile portfolio includes mobile slot, table, lottery and SMS games, mobile marketing, and platform products across all major mobile technologies including Apple and Android. In March 2011, the IGT Interactive division moved to 405 Howard Street, Suite 600, in San Francisco, California, and announced plans to add 75 positions to their staff. The new Interactive division headquarters, located at the corner of First and Howard in the heart of SOMA, is home to 100 employees today with the ability to accommodate more than 250. The new office triples IGT's total office space in San Francisco, allowing IGT to consolidate employees from two different locations in San Francisco, while also allowing for additional growth. IGT online game titles include:


Slots games

* ''3 Reel Hold up'' * ''Arabian Riches'' * ''Back To The Future'' * ''Banana Rama Deluxe'' * ''Battleship Search and Destroy'' * ''Bitten'' * ''Captain Quid's Treasure Quest'' * ''Captain Jackpot's Cash Ahoy'' * ''Cats'' * ''Cleopatra'' * ''Cleopatra 2'' * ''
Cluedo ''Cluedo'' (), known as ''Clue'' in North America, is a murder mystery game for three to six players (depending on editions) that was devised in 1943 by British board game designer Anthony E. Pratt. The game was first manufactured by Waddingt ...
Who Won It'' * ''Coyote Moon'' * ''DaVinci Diamonds'' * ''Davinci Diamonds Dual Play'' * ''Deal or No Deal'' * ''Diamond Queen'' * ''Double Diamond'' * ''Dungeons and Dragons Crystal Cavern'' * ''Dungeons and Dragons Fortress of Fortune'' * ''Elvis A Little More Action'' * ''Elvis Multi Strike'' * ''Elvis Top 20'' * ''Enchanted Unicorn'' * ''Fire Opals'' * ''Five Times Pay'' * ''Grand Monarch'' * ''
Jeopardy! ''Jeopardy!'' is an American television game show created by Merv Griffin. The show is a quiz competition that reverses the traditional question-and-answer format of many quiz shows. Rather than being given questions, contestants are instead g ...
'' * ''Jackpot Jewels'' * ''Kitty Glitter'' * ''Lil' Lady'' * ''Maltese Fortune'' * ''Monopoly Here and Now'' * ''Monopoly Multiplier'' * ''Monopoly Pass Go'' * ''Monopoly You're In the Money'' * ''Multi-Slot Jackpot Extreme'' * ''Noah's Ark'' * ''Pet's Pay Day'' * ''Pharaoh's Fortune'' * ''Pixies of the Forest'' * ''Rainbow Riches Win Big Shindig'' * ''Siberian Storm'' * ''
Star Trek ''Star Trek'' is an American science fiction media franchise created by Gene Roddenberry, which began with the Star Trek: The Original Series, series of the same name and became a worldwide Popular culture, pop-culture Cultural influence of ...
'' * ''
Star Trek ''Star Trek'' is an American science fiction media franchise created by Gene Roddenberry, which began with the Star Trek: The Original Series, series of the same name and became a worldwide Popular culture, pop-culture Cultural influence of ...
Against All Odds'' * ''Super Hoot Loot'' * ''Texas Tea'' * ''The 50000 Pyramid'' * ''The 100000 Pyramid'' * ''
The War of the Worlds ''The War of the Worlds'' is a science fiction novel by English author H. G. Wells. It was written between 1895 and 1897, and serialised in '' Pearson's Magazine'' in the UK and ''Cosmopolitan'' magazine in the US in 1897. The full novel was ...
'' * ''
Transformers ''Transformers'' is a media franchise produced by American toy company Hasbro and Japanese toy company Tomy, Takara Tomy. It primarily follows the heroic Autobots and the villainous Decepticons, two Extraterrestrials in fiction, alien robot fac ...
Ultimate Payback'' * ''Treasures of Troy'' * ''Triple Fortune Dragon'' * ''Vacation USA'' * ''Vegas, Baby'' * '' Wheel of Fortune Hollywood Edition'' * '' Wheel of Fortune Triple Action Frenzy'' * ''White Orchid'' * ''Wild Wolf'' * ''Wolf Run''


Table games

* ''
Baccarat Baccarat or baccara (; ) is a card game. It is now mainly played at casinos, but formerly popular at house-parties and private gaming rooms. The game's origins are a mixture of precursors from China, Japan, and Korea, which then gained popularit ...
'' * ''
Caribbean Stud Poker Caribbean stud poker, also called casino stud poker, is a casino table game with rules derived from five-card stud poker. However, unlike standard poker games, Caribbean stud poker is played against the house rather than against other players. Th ...
'' * ''Texas Hold 'Em Bonus'' * ''Texas Hold 'Em Shootout'' * ''Three Card Second Chance'' * ''Wan Doy Pairs Poker'' * ''21+3 Blackjack'' * ''
Blackjack Blackjack (formerly black jack or ''vingt-un'') is a casino banking game. It is the most widely played casino banking game in the world. It uses decks of 52 cards and descends from a global family of casino banking games known as " twenty-one ...
'' * ''European Blackjack'' * ''Hot Streak Blackjack'' * ''Power Blackjack'' * ''Vegas Blackjack with 21+ Bonus'' * ''Three Wheel Roulette'' * ''Double Bonus Spin Roulette'' * ''Grande Roulette'' * ''Hot Streak Roulette'' * ''Pinball Roulette'' * ''Triple Bonus Spin Roulette'' Power Blackjack and Three Card Second Chance are unique to IGT online casinos. Three Card Second Chance was developed by gaming consultant and casino game analyst
Michael Shackleford Michael Shackleford (born May 23, 1965, in Pasadena, California, United States), also known as "The Wizard of Odds" (a title taken from Donald Angelini), is an American mathematician and an actuary. He is best known for his professional analysis ...
also known as 'The Wizard of Odds'.


References

{{DEFAULTSORT:International Game Technology (1975-2015) Companies based in Reno, Nevada Slot machine manufacturers Companies based in Spring Valley, Nevada Gambling companies of the United States Defunct gambling companies Gambling companies established in 1975 Gambling companies disestablished in 2015 1975 establishments in Nevada 2015 disestablishments in Nevada 2015 mergers and acquisitions Electronics companies established in 1975 Electronics companies disestablished in 2015