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Tag Archives: GTech

UK – High Court approves GTECH/IGT merger

GTECH has announced that the High Court of England and Wales has issued the order approving completion of the cross-border merger of GTECH with and into International Game Technology. The Merger will become effective on April 7 2015, subject to the satisfaction or waiver of the remaining conditions precedent set out in the merger agreement…

US – GTECH revenues up slightly despite huge fall in net income

GTech has reported that revenues in 2015 were up slightly to €3.07bn, compared to €3.06bn in 2013 despite year-on-year net income falling by 52.5 per cent. Net income dropped to €83.3m from the €175.4m reported in 2013, due to the cost of acquiring IGT, whilst improved product sales pushed revenues up 4.7 per cent to…

Sweden – GTECH launches Nabor to World Lottery Association

GTECH and Genera Networks have signed an agreement to offer Genera’s Nabor (Neighbor) geolottery game to GTECH customers. Nabor offers lotteries an opportunity to launch a modern draw game that increases revenue and attracts new players. Nabor gives players a unique social experience of winning with their community and their neighbours. Players participate in a…

US – GTECH brand to be replaced with IGT

Following Nevada gaming regulators approval of the casino manufacturing sector’s biggest-ever merger, GTECH and IGT have announced that the combined companies will be branded as IGT with the holding company named International Game Technology. The GTECH brand is expected to disappear within 12 months. It took three hours of meetings between the Gaming Control Board…

US – GTECH make two appointments prior to Patel’s departure

Following the announcement that Jaymin Patel will resign as President and CEO of GTECH Americas, the company has announced two high-profile appointments. Michael Chambrello will become Chief Executive Officer of North America Lottery, effective March 23 whilst James Hurley will become Senior Vice President of Investor Relations. Reporting to GTECH S.p.A. Chief Executive Officer Marco…

Peru – Mono Blanco links up to GTECH’s Doggie Cash progressive

GTECH’s Doggie Cash progressive link game is now installed at Casino Mono Blanco in Lima, Peru, operated by Inversiones Mono Blanco. Each of the three floors at the casino now features four machines that are all linked to the four-level Doggie Cash progressive jackpot. The Doggie Cash link game is exclusively available on GTECH’s e-motion…

US – GTECH and Georgia Lottery roll out iLottery Games

The Georgia Lottery is now the first lottery in the US to offer a full line of iLottery. Traditional draw based games, iKeno, and eInstant games at various price points – the most comprehensive and diverse online content offering of any US lottery – can now be played at mygalottery.com by adults over the age…

US – GTECH to provide MGM with Sports Betting and OnPremise Mobile Solutions

GTECH Interactive UK and MGM Resorts International have signed a multi-year agreement to provide enhanced sports betting technology at 12 MGM Resorts properties and GTECH OnPremise mobile Sports Betting and Casino gaming at 10 MGM Resorts properties in Nevada. The agreement represents GTECH’s first planned Sports Betting and GTECH OnPremise mobile gaming deployment in the…

ICE – ‘All Together GTECH’ to show expanded TRUE 3D range

GTECH, with its Interactive, Betting, Lottery, and SPIELO Gaming pillars, will be presenting its comprehensive portfolio at ICE, featuring the ‘All Together GTECH’ theme, including an expanded library of TRUE 3D titles. Using patented, award-winning 3D display technology, GTECH´s innovative TRUE 3D product line provides an unrivalled gaming experience. The SPHINX 3D game has won…