Profile: International Game Technology (IGT.N)
International Game Technology (IGT), incorporated in December 30, 1980, is a global gaming company specializing in the design, development, manufacture, and marketing of casino-style gaming equipment, systems technology, and game content across multiple platforms: land-based, online real-money and social gaming. The Company is a supplier of gaming entertainment products worldwide. IGT operates in two segments: North America and International. North America consists of the Company’s operations in the United States and Canada, which comprised 78% of the revenue during the fiscal year ended September 30, 2013 (fiscal 2013). International consists of its operations in all other jurisdictions worldwide, which consists of 22% of the consolidated revenues in fiscal 2013. The Company recognized revenues in three categories, which includes Gaming Operations, Product Sales and Interactive.
The Company provides a broad range of casino-style game content, equipment and systems technology for land-based and online social and real-money gaming markets under for-sale, revenue sharing, and other leasing arrangements. Concentrating on game content development and distribution across multiple channels, IGT is making meaningful inroads into achieving convergence between and amongst the online and land-based gaming worlds.
The Company combines elements of math, play mechanics, sound, art, and technological advancements with its library of entertainment licenses and patented IP to provide gaming products designed to provide a high degree of player appeal. The Company offers a wide array of casino-style games for land-based, online social gaming, online real-money and mobile gaming markets with multi-line, multi-coin and multi-currency configurations.
Land-based customers can combine the Company's library of games with several gaming machine cabinets designed to maximize functionality, flexibility, and player comfort. The Company's AVP machines support server-based gaming networks with G2S open industry standards. Slot machine configurations vary by jurisdiction and may include: Stand-alone casino-style slot machines that determine the game play outcome at the machine, known as Class III in tribal jurisdictions;WAP jackpot systems with machines linked across several casinos, and CDS machines connected to a central server that determines the game outcome, encompassing VLT's (video lottery terminals) used primarily in government-sponsored applications and electronic or video bingo machines, known as Class II in tribal jurisdictions.
IGT systems products include infrastructure and applications for casino management, customer relationship management, player management, and server-based gaming. The Company's casino and customer relationship management solutions include integrated modules. The Company's player management solutions feature customized player messaging, tournament management, and integrated marketing and business intelligence modules that provide analytical, predictive, and management tools for maximizing casino operational effectiveness. The Company's server-based solutions enable electronic game delivery and configuration for slot machines, as well as providing casino operators with opportunities to increase profits by enhancing the players' experience, connecting with players interactively, and creating operational efficiencies.
IGT's Double Down online social gaming operation provides a opportunity for casino entertainment to reach a broader audience, while complementing IGT's other existing offerings and the core casino audience. DoubleDown Casino is available online through Facebook and www.DoubleDownCasino.com on a variety of personal computer and mobile devices. Additionally, the Company's land-based casino customers can integrate the DoubleDown Casino link into their own Website providing players with access to a portfolio of social casino-style games. The DoubleDown Casino link provides casino operators with an opportunity to engage their customers when they are not physically present in the land-based casino.
IGT also provides real-money online casino and mobile gaming systems infrastructure and applications, content licensing, and back office operational support services. The IGT Remote Game Server ( IGT rgs) seamlessly integrates onto an operator's interactive platform, allowing access to the Company's portfolio of game content that allows for real-money online in legalized jurisdictions. These systems are primarily focused on the management of digital patron wallets, responsible gaming functionality, fraud detection and prevention, patron credentials, customer relationship management, player accounting, and player analytics. With these solutions, the Company deploys a full service platform capable of supporting the main games associated with online real-money (casino games, sports betting, multi-player poker and bingo).
North America and International
The gaming industry installed base of slot machines in the United States and Canada has been over 939,000 legal gaming devices. The Company's international gaming markets includes , Europe (including the United Kingdom), the Middle East, and Africa (EMEA); Latin America (Mexico, South and Central America) and the Caribbean (LAC), and Asia, Australia, New Zealand, and the Pacific (APAC).
The Company competes with Ainsworth Game Technology Ltd, Aristocrat Leisure Limited, Bally Technologies, Inc., Konami Gaming Inc., Novomatic Group of Companies, and WMS Industries, Inc.
International Game Technology
6355 South Buffalo Drive
LAS VEGAS NV 89113