• IGT is one of the leading companies that design, develop, manufacture and distribute slot machines around the world. IGT has manufactured a wide variety of slot machines which you can find on IGT casino floors today. IGT gaming machines are excellent examples of products developed through innovative thinking and the use of the latest technology.
• 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 major offices in Rome, Providence, Rhode Island, and Las Vegas.

The IGT S2000 slot machine is probably the most recognizable slot machine in the world due to its wide distribution and the movie industry. Most casinos today will have these on the game floor. The IGT S2000 remains a favorite of “reel machine” enthusiast worldwide. IGT S2000 slot machines are a must have for any floor and are also one of. IGT company started out as a developer of slot machine cabinets for the brick and mortar casino, and it was founded in 1975. Its founder’s name was William S. The name of the company stands for International Game Technology. The company went public in 1981. IGT's William Redd took over the Fortune Coin Company and improved the flagship slot machine's RNG. By the end of the 70s, Fortune Coin had a better RNG, more paylines, and promised bigger payouts. It was soon a regular feature along the Las Vegas strip.

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 major offices in Rome, Providence, Rhode Island, and Las Vegas. It is controlled, with a 51 percent stake, by De Agostini.^[4]

Italian gambling company Lottomatica acquired Gtech Corporation, a US gambling company, in August 2006, and later changed its own name to Gtech. Gtech managed many state and provincial lotteries in the US and had contracts with local and national lotteries in Europe, Australia, Latin America, the Caribbean, and Asia.

In 2015, the company acquired American gambling company International Game Technology and again adopted the acquired company's name as its own.

Current holdings[edit]

With the 2006 acquisition of Gtech, the company increased its global business activities due to a permanent presence of its employees in several countries throughout the world. IGT has operations in more than 100 countries worldwide, and deals with various ethnicities and nations with different levels of local employment laws. In order to meet these various requirements, IGT complies with the principles of the International Labor Office’s Tripartite Declaration of Principles concerning Multinational Enterprises and its social policy (Geneva 2000). In particular, the Company complies with all of the recommendations in the aforementioned declaration with regard to relations with staff in the various states.^[5]

In July 2014, Gtech agreed to acquire American company International Game Technology (IGT), the world's largest slot machine manufacturer, for a total of $6.4 billion, including $4.7 billion in cash and $1.7 billion in assumed debt. The companies combined under a new holding company based in the United Kingdom, and the Gtech name was dropped in favor of IGT.^[6][7]

In April 2015, Gtech completed its merger with IGT. The new combined company's name is International Game Technology PLC.^[8]

References[edit]

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1. ^ ^abcForm 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. F-6 – via EDGAR.
2. ^ ^abForm 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. F-5 – via EDGAR.
3. ^Form 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. 32 – via EDGAR.
4. ^Form 20-F: Annual Report (Report). International Game Technology. 29 April 2016. p. 26 – via EDGAR.
5. ^'IGT_Sustainability_Report 2015_0807_h1313'. Retrieved 10 August 2016.
6. ^Howard Stutz (15 July 2014). 'IGT sold in $6.4 billion deal with lottery giant GTECH'. Las Vegas Review-Journal. Retrieved 16 July 2014.
7. ^https://finance.yahoo.com/news/gtech-p-announces-name-company-201200896.html
8. ^PLC (IGT), International Game Technology. 'GTECH And International Game Technology Complete Combination And Form The World's Leading End-To-End Gaming Company'. www.prnewswire.com.

External links[edit]

• Business data for International Game Technology plc:

1990s: The Online Revolution

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WMS Industries Inc. had been hovering around the slot machine industry for a few years, but by the 1990s they had grasped the video slot revolution by the horns.

WMS developed its first video slot with a second screen bonus. Reel 'Em In featured a fishing theme where players were able to trigger a Pick'em style bonus game. It paved the way for second screen bonuses like free spins for years to come.

A speedier and cheaper internet allowed online gambling manufacturers to start developing slots that could be played at home. Microgaming had already been operating an online casino since 1994 but launched Cash Splash in 1998, one of the world's first ever online progressive jackpot slots.

As broadband speeds and operating systems improved, the number of developers grew. Major players like NetEnt, Playtech, and Play'n GO all started up operations in the 1990s and continue to innovate and expand. Online games became slicker and became available to play through both download clients and via web browsers.