IGT Merges Online and Mobile Divisions

Published Saturday, November 13, 2010 - Online-Casinos.com

More Merger news in the Online Gambling World. International Game Technology (IGT) has just announced its intentions to create a single interactive division. The American computerised gaming equipment designer and manufacturer will now together dedicate building upon its strengths in the online gaming industry. IGT stated that its new merged subsidiary of its global gaming market, which includes offices in eight locations across Europe, Asia and North America, will benefit its customers from around the world. Gideon Bierer, the Executive Vice-President of IGT explained in a staff press release, that, “Merging our online and mobile business units under the IGT brand will solidify our position as a leader in interactive gaming.” According to Bierer this means that the Reno-based firm will see its WagerWorks and Million-2-1 subsidiaries merge into a single global division. This will be headquartered in San Francisco, California, and led by Bierer, himself. According to IGT staff, “WagerWorks has been active in the interactive market for ten years and is widely recognised as the premier provider of regulatory-compliant casino games content. This includes an array of over 100 titles and its wide area progressive MegaJackpots series.” IGT also revealed that, “Million-2-1 has an eight-year pedigree in the mobile gaming sector and features a ‘unique and broad product portfolio including mobile slot, table and SMS games, mobile marketing and platform and lottery products across all major mobile technologies.” Bierer stated, “In the last five years in the UK alone we have handled more than ten billion dollars in online wagers and are currently processing more than 1.5 billion online transactions each year. As technology advances and markets evolve, we look forward to accelerating our product innovation and significantly growing our interactive business. We already work with the largest online operators in many European countries and look forward to doing the same in new territories.” As always, in the online gambling industry, the concept of bigger is better seems to be the normal way of thinking.

Related news

Return to Latest News