Tue, Dec 18, 1:58pm by Mia Chapman
Last Updated Mon, Oct 7, 11:34pm
A global leader in gaming with a specialisation in design, manufacturing and marketing of electronic gaming and slot machines, International Game Technology (IGT) has a strong international presence in countries like America, Argentina, South Africa, Canada, UK, Australia and New Zealand.
Founded in the 50’s and publicly listed in 1981, IGT has been in the business of gaming for several decades and is well known for advancing the concept of slot machines in casinos. Over the years, the company has managed to produce over 2 million slot machines and paid out over $6 billion in wins.
Apart from providing an integrated portfolio that includes high-quality products, services and technology, IGT’s best-in-class content and innovation is set to mould the future of the gaming industry.
IGT has designed a large number of innovative games in all kinds of genres, apart from offering game management systems and services – covering the entire gamut of the gaming industry. The company considers every aspect of the gaming business to ensure tailored products and services are offered to customers.
IGT has a local presence and works within government-stipulated regulations and framework in over 100 countries around the world.
In 1984, the company acquired Electronic Data Technologies, which led to the introduction of computerised tracking software for players – something that continues to be used even today.
In the latter half of the 90s, IGT attempted to foray into the UK market by buying out Barcrest Gaming – snapping up the UK fruit machine giant.
In 2001, IGT acquired gaming companies Anchor Gaming and Silicon Gaming. The Anchor Gaming acquisition enabled the company to double their operations revenue from gaming.
In 2003, IGT bought over Acres Gaming whose bonuses and systems technology were brought on board and added to IGT’s products.
IGT acquired WagerWorks in 2005 and began offering their services through online gaming for millions of users around the globe – giving the company the opportunity to expand from its traditional land-based casino games model. Through the acquisition, land-based casino games were being offered in the form of online casino games – making IGT the only company in the world, at the time, to provide gaming titles through both online and land-based casinos.
In 2015, IGT merged with Italian lottery giant GTECH in a $6.4 billion deal and the official name was switched to International Game Technology PLC – one of the biggest mergers in the history of online gaming.
Through the years, IGT has introduced a suite of revolutionary innovations to the gaming industry. Some of them include:
Since the introduction of the Megabucks jackpot system, billions of dollars worth of winnings has been paid out to players ranging from $100,000 to $2.5 million. These huge payouts from progressive jackpots still remain unparalleled in the gaming industry.
By the 90s, IGT offered innumerable game play options both online and through land casinos – offering a variety of options including video casino machines, bingo, Keno and table games. In fact, the company was recognised as a game shaker in Fortune’s 100 Fastest Growing Companies.
IGT has always had a strong focus on driving innovation into the gaming industry with a series of unparalleled offerings. Some more advanced innovations introduced by the company include:
IGT gaming content has now also been adapted for mobile play, iOS and others. The company was one of the first to get involved in the development of gaming for mobiles and has produced some thrilling titles. The software works well with myriad devices with bold and clear graphics that are user friendly and easy to navigate. Gaming can be accessed by playing online.
The gaming industry has seen some major changes over the years, and IGT has always been at the forefront of adapting and even leading many of these. Live dealer gaming has become a popular choice for many players because it is exciting and convenient, while allowing players to withdraw winnings instantly. IGT has been offering this option for users, which has proven to be extremely popular.
Prominent TV shows like Judge Judy and Wheel of Fortune have been turned into poker machine games thanks to IGT – and have been extremely popular with players around the world. Wheel of Fortune progressive was released in 1996, but it continues to be one of the most popular slot machines of all time.
Players can access games online via computers and mobile devices or through downloading – apart from using land-based casino versions.
IGT Australia offers a suite of games across a range of different channels, whether they are pokies, interactive games and mobile games. Some popular slot machines include Wheel of Fortune, Sumatran, Dragon’s Temple, Tomb of the King, Cash Climb, Flames of Sparta, Crown of Egypt, Triple Extreme Spin and much more.
The games can either be downloaded or played live on browsers and mobiles. IGT offers all kinds of land-based and online video poker machines, Keno, Bingo, lottery and table games like poker, roulette and baccarat.
The IGT game portfolio covers 15 languages and can be played with over 30 different currencies from around the world.
IGT has won and been nominated for a spate of awards in recognition of its contribution to revolutionizing the gaming industry with products and services that are designed to enhance the gaming experience for players around the world. Some of the award wins and nominations for the company include:
These awards demonstrate IGT’s innovations in the gaming industry using player-centric design concepts and operational expertise.
IGT continues to be a global leader in the gaming industry with a series of impactful innovations while producing some of the best slot machines available on the market. Covering all channels and regulated segments – including lotteries, social gaming and slot machines – the company invests heavily in innovation and customer intelligence to produce cutting-edge gaming technology. IGT will continue to make an impact provided it invests in innovation to stay ahead of the curve in an increasingly challenging market.