International
Game Technology
PartyCasino.com
website PartyCasino.com
profile
Virgin
Casino Virgin
Games Virgin
Casino Slots
Cleopatra
MegaJackpots
Cleopatra Cleopatra
II Da
Vinci Diamonds
Da
Vinci Diamonds
WagerWorks
Inc
International
Game Technology is a Reno, Nevada based maker
of slot machines and other gaming products. The
company also operates a facility in Las
Vegas and has branch offices around the United
States. Presently, IGT
also has offices in the United
Kingdom, Canada,
Australia,
Japan,
and South
Africa. For purposes of facilitating operations
in Latin
America, IGT also maintains a presence in
South
America.
IGT
was founded by William S. Redd in 1975 as A-1
Supply. The name was changed to SIRCOMA in 1979
and finally International Game Technology in 1981.
On December 8, 2002, Terrible Herbst Gaming agreed
to buy IGT's Anchor Coin 1,100 machine slot routes.
On October 27, 2003, IGT acquired Acres Gaming,
a slot machine and gaming software development
company.
On
August 25, 2005, IGT acquired WagerWorks,
a San Francisco, California based company that
provides software for online casinos. Wager Works
has exclusive rights to provide online versions
of slot machine games like Wheel
of Fortune, I Dream of Jeannie and The
Price is Right.
On December 21, 2006, IGT completed its acquisition
of Venture Catalyst Incorporated, changing its
name to Mariposa Software Inc. and selling its
gaming consulting division to a group of its previous
management. Mariposa Software continues to operate
as a wholly owned subsidiary of IGT, enhancing
IGT's positioning as a single-source supplier,
offering a complete package for all of a casino's
gaming & profit operations.
Further
expansion in the Class III market has led IGT
to New
York, Florida,
New Jersey, Pennsylvania, Mississippi, Missouri,
Oklahoma, and Texas,
along with the cruise
ship industry. According to New Jersey and
Pennsylvania law, IGT cannot enter without a distributor;
in accordance to state law, AC Coin bought Class
III IGT machines and is now entering them into
the New Jersey and Pennsylvania market under the
AC-Coin/IGT name. IGT had a similar problem in
the Oklahoma market when a new state compact was
introduced allowing Class III vendors to enter
Native-American
Indian Oklahoma casinos (where before, only
Class II games were allowed; Class II typically
being games based on bingo and other community-style
wagering systems); in accordance to this compact,
the casino had to offer an electronic back-end
system to monitor the hard-meters within the game.
IGT also offers the IGT Advantage System, which
is very expensive, thus prompting smaller casinos
(which are the majority of Oklahoma's 95+ casinos
are) to find independent companies to monitor
the meters.
On July 8, 2008 IGT completed their acquisition
of Cyberview Technology, a company with intellectual
property and experience in the field of server-based-gaming.
The acquisition of Cyberview Technology also brought
a contract to supply gaming machines to the UK's
biggest bookmaker, Ladbrokes, which will allow
IGT to supply their slot machine games to the
UK market. Competitors in the server-based gaming
industry include distributors such as Betstone
and game manufacturers such as RocketGames and
ID Interactive.
Technology
The
company created the Slot Accounting System (SAS)
protocol, one of IGT's most notable technologies
is EZ-Pay, their ticket-in, ticket-out system.
TV
and Film themed slots
Jeopardy
Wheel of Fortune
The Dating Game
The Newlywed Game
The Price is Right
Family Feud
The Joker's Wild
Sale of the Century
The Twilight Zone
I Dream of Jeannie
Bewitched
The Addams Family
The Munsters
Elvira
Soul Train
American Bandstand
New Year's Rockin Eve
Censored Bloopers
I Love Lucy
Laverve & Shirley
Gilligan's Island
The Beverly Hillbillies
Star Wars (Multiple themes)
Indiana Jones
Back to the Future
The Terminator
Alien Vs Predator
Ebay
WagerWorks
WagerWorks
has offices in San Francisco, London and Leamington
Spa, Warwickshire. The London location is the
game studio and also head UK office. Leamington
Spa is the base for Technical and Customer Services.
(Credit:
Wikipedia).
Introduction
to Slots and Video Gaming
Modern-day,
casino-style gaming has been legal in the US for
approximately 70 years. For most of that time,
this type of activity was limited only to locations
in Nevada. However, changes in the economy over
the past 25 years have prompted many jurisdictions
around the world to either institute or consider
legalized gaming. Gaming today is a high-technology
industry with its own history, products, and language.
This fact makes the business of gaming unfamiliar
territory for many new and potential gaming operators.
IGT
compiled the Introduction to Slots and Video Gaming
guide to assist the reader in understanding gaming
machines and to help build a familiarity with
basic operating principles and terminology. It
is intended as a general introduction to both
the casino and lottery gaming business.
Virgin
Games
PartyGaming.com
PartyCasino.com
PartyCasino.com
PartyCasino.com
News PartyPoker.com
News
PartyCasino.com
RAMBO
Slot
The
Godfather
Gold
Mega Jackpot Mega
Fortune Wheel
TOP
GUN
Profiles
PartyCasino.com
PartyPoker.com
Website
PartyCasino.com
Articles
Party
Gaming CEO Discusses Future of Online Poker -
6th January 2009
PartyPoker.com
Monthly Million - January 2009
PartyGaming
Opts For WagerWorks Proven Game Titles - 22nd
October 2008
PartyGaming
Sues Former Owner of Empire Online Over 2006 Sale
- 5th January 2009
PartyGaming
dealt blow as managing director quits - 20th January
2009
PartyPoker
To Give Away Asian Poker - December 2008
News
Media
Man Australia Inks Deal With PartyPoker.com -
11th December 2008
Adding
to its already strong line up of poker brands
such as PKR.com, Virgin Poker and Pacific Poker,
Media Man Australia has come to terms with PartyGaming's
PartyPoker.com.
PartyGaming
and PartyPoker.com were not featured at Australia's
CAP Down Under, of which Media Man Australia chaired
day one; however PartyPartners.com & Affclub.com
will be the platinum sponsor of CAP Euro, London
2008.
Media Man Australia and Casino News Media director,
Greg Tingle said, "We are absolutely delighted
to be now doing business with yet another of the
world's leading gaming brands. PartyGaming and
PartyPoker.com are right at the top of the online
gaming and casino world and we are excited to
be doing business with them, already reaping the
benefits of the association".
PartyGaming
Announced As CAP Euro Platinum Sponsor
11th December 2008
CasinoAffiliatePrograms.com
(CAP), a leading Internet marketing resource and
community website for online casino affiliate
marketers has announced that PartyGaming Group
will be the exclusive Platinum Sponsor for CAP
Euro London 2009.
PartyGaming
will be represented by PartyPartners.com and AffClub.com,
its affiliate marketing programmes uniting some
of the biggest names in online gaming including
PartyPoker.com, PartyCasino.com, PartyBingo.com,
PartyGammon.com, PartyBets.com and EmpirePoker.com.
Scheduled
for January 29 to February 1 at the Novotel London,
CAP Euro London is the group’s largest conference
of the year and has emerged as the iGaming affiliate
marketing world’s signature event.
“We’re
very pleased to announce PartyPartners.com as
the Platinum Sponsor to yet another CAP Euro event,”
said Lou Fabiano, President for CAP.
“As
one of the true leaders of this industry, PartyPartners.com’s
presence is an ideal contribution to the overall
spirit of excellence in gaming that CAP Euro events
have come to represent.”
In
addition business networking, online marketing
discussions, advice panels and after-hours socialising,
CAP Euro London will also include the second annual
CAP Awards celebrating the most successful and
innovative members of the global Internet gaming
community.
“PartyPartners.com
and AffClub.com are delighted to again be the
Platinum Sponsors at this year’s CAP Euro
London Conference,” said Jon Salmon, Chief
Marketing Director for PartyPartners.com.
“Affiliates
play a key role in helping to make our business
a success, which is why we see CAP as a ‘must
attend’ event where we can meet with existing
and prospective affiliates.
“Understanding
affiliates’ needs is of paramount importance
to us and, at the same time, we can talk to them
about marketing the best online gaming brands
on the market. Our aim is to set the world’s
hearts racing through great online entertainment.”
Profile
PartyGaming,
one of the world's leading online gaming companies
since 1997.
We currently operate brands in four major gaming
areas: poker, casino, bingo and backgammon.
PartyPoker.com
(www.PartyPoker.com) is the world's largest online
poker brand in terms of number of players and
revenues. You'll find a great variety of poker
games and tournaments, plus blackjack.
PartyCasino.com (www.PartyCasino.com) offers a
wide selection of casino games, including video
poker, slots and roulette in an online setting
so you can play whenever you like.
PartyBingo.com (www.PartyBingo.com) is home to
a vibrant community where you can enjoy fun bingo
games and exciting prizes.
We've also just launched PartyGammon.com (www.PartyGammon.com).
Backgammon,
the world's oldest game, has moved into the 21st
century and on our website you will find a great
variety of Backgammon games and tournaments where
you can test your skills!
The focus at PartyGaming is on fun, ease of use,
reliability and security. Our software and systems
are at the forefront of technological innovation,
which allows us to deliver cutting-edge game features
and functionality.
Press
Release
Blockbuster
slots at PartyCasino.com
Saturday
Night Fever is full of iconic imagery from the
film, including the Odyssey disco, the Cuban heels
and, of course, the flares. There’s also
an ultra-cool bonus round based on the film’s
famous dance competition. Fly with the disco moves
over six super-fly rounds, each with a progressively
bigger prize.
Mission:
Impossible is packed with all the thrilling scenes
from the movie, including the legendary high-speed
train chase. You're sure to enjoy the high-octane
action.
The
Godfather Slot is our greatest-ever ‘Gold
Jackpot’ slot game with a ‘feature’
game that gives you the chance to win extra prizes.
The game also features a wild symbol, The Godfather,
which appears on reels two, three and four only
and substitutes for all symbols other than the
scattered Gold Ring symbol. For each bet placed,
the house adds a percentage of the bet amount
to all the four running Gold Jackpots making them
grow progressively, as bets are made. All four
levels in Gold Jackpot can be won irrespective
of hitting any winning combination, while betting
any amount.
Top
Gun slot game lets you earn your place as a fighter
ace and secure a big-money fortune and the title
of Top Gun. While your players take off for the
skies, they can pick up even more cash by defending
themselves from enemy bogeys in the thrilling
bonus round.
Press
Release
24th
October 2008
Broadening
Greatest Slot Games with Cryptologic And ITG -
New Marvel Slots, Cleopatra And Monopoly At Party
Casino
Yesterday
PartyGaming announced a five-year agreement to
license a number of branded slot machine games
including The Fantastic Four, Hulk, Bejeweled,
Cubis™, Street Fighter, and Spider-Man.
This agreement is with WagerLogic, a wholly owned
subsidiary of Cryptologic, the leading online
gaming software developer to the global Internet
gambling market. Cryptologic voted "Best
Casino Software" for several years in a row
by the readers of Gambling Online Magazine.
These
games are expected to be added to Party Casino,
Party Bingo and a number of PartyGaming's other
gaming sites over the coming months.
"Cryptologic
is known for the quality of its software and addition
of its premium content to our platform will ensure
that our customer offer remains second to none,"
said spokesman at PartyGaming.
We
are convinced that the expansion in the range
of the casino games with greater entertainment
will help attracting new online players to the
Party Casino.
More
Games from ITG
Further to the addition of Cryptologic games posted
yesterday, PartyGaming announced today their five-year
agreement to license a number of branded slots
games from WagerWorks Inc., a wholly-owned subsidiary
of International Game Technology Inc ("IGT"),
the world's largest manufacturer of gaming machines.
The games that will be added as per the agreement
are Cleopatra®, Monopoly with Pass "Go"
Bonus, Cluedo and Wheel of Fortune® Hollywood
Edition.
Online
versions of each of these games will be added
to Party Casino, Party Bingo and a number of other
gaming websites over the coming months. Broadening
ever-increasing product base will help PartyGaming
brands to offer one of the best selection of slot
machine games for players.
Action
Packed PartyCasino Captures The Terminator and
Rambo
In July PartyGaming announced that Party Casino
has agreed an exclusive four-year licensing arrangement
to create online slot machine games based on the
international blockbuster movies The Terminator
and Rambo. After the recent successful launch
of Mission:Impossible and Saturday Night Fever
slots, the addition of these two most popular
action movies of all time will further enhance
the appeal of Party Casino, the world's largest
online casino. The first of these two new slots
is expected to be launched soon.
$100
Bonus At Party Casino
Party Casino offers 100% welcome bonus of up to
$100 free for all new players. Download the software
and play feature-rich slots and other casino games.
Note: US players are not allowed.
Source: Party Casino
PartyGaming
Results Decline Slightly
25th November 2008
Gibraltar-based
online gaming provider PartyGaming has released
its results for the third quarter of the year
showing strong growth in its casino, bingo and
sportsbetting businesses but a decline in revenues
from poker.
PartyGaming
revealed that poker revenues for the third quarter
were down to $65 million from the $76.3 million
it earned during the same period last year. The
firm stated that this was due to lower player
frequency and yield and also reported that nine-month
revenues from poker decreased one percent to $218.9
million.
However,
revenues from its casino business grew 25 percent
to $45.9 million for the third quarter from the
$36.7 million it reported for the same period
last year due to higher player numbers and yields.
Nine-month revenues from its casino business fared
even better by increasing 33 percent to $135.8
million.
In
addition, its sportsbetting division reported
that revenues grew by 19 percent for the quarter
to $5.1 million from the $4.3 million it reported
for the same period last year due to continued
growth in live betting. It declared nine-month
revenues from sportsbetting of $14.1 million,
which was 29 percent up on the $10.9 million it
acknowledged for last year.
Completing
the good news, bingo revenues were up by 143 percent
to $1.7 million for the short-term from the $700,000
announced for 2007’s third quarter due to
a growth in the firm’s UK business. Just
as spectacular, nine-month revenues from bingo
increased 106 percent to $3.7 million from 2007’s
$1.8 million.
Overall,
PartyGaming reported total revenues of $117.7
million for the quarter, which was $300,000 less
than last year’s third quarter, alongside
an eleven percent rise in nine-month results to
$372.5 million.
“We
are making solid progress on executing our strategic
plan, albeit against a challenging economic backdrop
and strengthening US Dollar,” said Jim Ryan,
Chief Executive Officer for PartyGaming.
Articles
Party
Gaming CEO Discusses Future of Online Poker, by
Earl Burton - Poker News Daily - 6th January 2009
The
recent news in December of Party Gaming co-founder
Anurag Dikshit’s plea bargain with the U.S.
Department of Justice thrust the company back
into the spotlight. Now, in a December 28th interview
with Financial Times, new Chief Executive Officer
Jim Ryan has announced his plans for returning
the company to the lofty perch it once held.
The
article, written by Roger Blitz, points out that
it has been a very difficult couple of years for
the one-time monolith in the online poker world.
After its initial public offering (IPO) on the
London Stock Exchange in 2005, Party Gaming was
valued at almost £5 billion. Since the departure
of U.S. players due to the Unlawful Internet Gambling
Enforcement Act (UIGEA) in 2006 and the subsequent
decision by then-CEO Mitch Garber to withdraw
from the market, Party Gaming’s value has
fallen to under £1 billion. However, as
Blitz states, there could be “a light at
the end of what has been a long, dark tunnel”
for Party Gaming.
The
light that Blitz refers to is the mid-December
decision by Dikshit to succumb to Department of
Justice pressures and plead guilty to violations
of the Wire Act of 1961. In submitting his guilty
plea, Dikshit paid a $300 million fine and could
face a two year jail term, although sentencing
will not occur until 2010. He continues to assist
the United States Government in its investigations
into online gaming.
In
the article, Ryan - who took over for Gerber in
June of 2008 - states that Party Gaming is currently
in discussions with the U.S. Department of Justice
regarding the company’s liabilities, but
wouldn’t go into great detail. The article
did discuss that the shares of Party Gaming on
the London Exchange have grown to 200 pence each
and that a deal with the U.S. government is looming
sometime this month.
When
asked about the future of the company, Ryan was
upbeat about Party Gaming’s abilities in
not only online poker, but also in a realm of
online gaming options. “This is a marathon,
not a sprint,” Ryan is quoted as saying
in the Financial Times article by Blitz. “We
have been chasing quarterly profits, but the market
has become so competitive, you’ve got to
know where you’re going. We’re not
so much slowing down, but keeping ourselves focused.”
The
three year plan that Ryan has set for Party Gaming
is something that he believes that other online
gaming companies want to do, but his company already
does. The Financial Times quotes Ryan as saying
that the company, since its exodus from the U.S.
market, has built a complete gaming operation
that is focused on all aspects of the online world,
including poker, casino, sports betting, bingo,
and backgammon. “[We offer] different products
with one back office platform,” he explains
in Blitz’s article. “One deposit,
one account – it’s a one stop shop.
That is still the main strategic objective for
a number of our competitors and we have it already.”
Ryan
also states that he sees a day when the online
gaming world will be vastly different than what
is out there today. While poker remains the focus
of Party Gaming, Ryan sees over the next three
years that there will only be five online poker
operators of any consequence. Party Gaming at
this time ranks fourth in that equation - something
that “hurts,” according to Ryan -
but his quote in the Financial Times piece looms
large: “We need to retake the hill and position
ourselves to be that leader again.” (Credit:
Poker News Daily)
Party
Gaming Full-Year Results Released
Poker disappoints in latest financial numbers
March
11, 2009 (InfoPowa News) -- Party Gaming plc may
have started out as a primarily online poker destination,
but the performance of this sector of its wider
group activities was disappointing last year,
judged by the 2008 full-year financials released
this week. Poker net revenues declined by $21
million to $274 million (2007: $295 million).
Elsewhere the outlook was rosier, with online
casino net revenues up $31,8 million to $176 million;
the more recent sportsbetting venture up $1.9
million to $18 million and Bingo up $2.4 million
to $4.9 million.
Total net revenues reached $472.9 million, down
$3.1 million on the corresponding period in 2007
after a "non-recurring net revenue adjustment"
of $18.2 million.
Other highlights included:
* Continuing Clean EBITDA up 29 percent to $144.2
million (2007: $111.7 million); total Clean EBITDA
up 53 percent to $133.3 million (2007: $87.0 million)
* The addition of DM plc and CIRSA to the Party
Gaming portfolio of business-to-business (‘B2B’)
customers
* Cash flow from operations before working capital
movements up 23 percent to $132.5 million (2007:
$107.6 million) with group cash after client liabilities
and progressive prize pools of $70.3 milion.
Commenting on the results, Jim Ryan, PartyGaming
Chief Executive Officer, said:
"We are pleased to announce another strong
set of results with Clean EBITDA from Continuing
operations up 29 percent to $144.2 million. Our
business model is both flexible and robust with
a capacity to generate strong cashflow. Our brands
and market position are strong and we have a healthy
balance sheet with which to execute our business
strategy. I believe that we are in an excellent
position, not just to withstand the macroeconomic
challenges that may lie ahead, but also to execute
our strategy, create value for all of our stakeholders
and achieve our long-term objective of becoming
the world’s most valuable online gaming
company.”
Regarding current trading he added:
“In the 5 weeks ended 4 February 2009, average
gross daily revenue was $1,442,900. In poker,
new player sign-ups increased to an average of
1,494 per day, and there were on average 51,000
active players per day generating average gross
daily poker revenue of $756,700. In casino, gross
revenue was $597,200 per day. In sports betting
gross win per day was $75,700 and in bingo, average
gross daily revenue was $13,200.
In the four weeks ended 4 March 2009, average
gross daily revenue was $1,536,200. In poker,
new player sign-ups averaged 1,550 per day and
there were on average 51,100 active players per
day, generating average gross daily revenue of
$738,500. In casino, average gross daily revenue
was $662,500; in sports betting, average gross
win per day was $123,000; while in bingo it was
$12,200.
“The Group has continued to make good progress
in the first few weeks of 2009 despite the pressures
of a highly competitive market and substantial
year-on-year currency movements.”
Profiles
PartyCasino.com
PartyPartners.com
PartyPoker.com
PartyGammon.com
PartyBingo.com
PartyBets.com
PartyCasino.com
Slots AffClub.com
PartyMobile.com
Casino
Game
Profiles
The
Terminator
The
Godfather
The
Hulk
TOP
GUN
Saturday
Night Fever
MISSION:
IMPOSSIBLE
Gone
With The Wind
Rambo
PartyPoker.com
News
Casino
News
Poker
News
Online
Casino News
PartyCasino.com
News
PartyPoker.com
News
New
Games
Websites
PartyCasino.com
PartyPoker.com
PartyGammon.com
PartyBets.com
PartyBingo.com
Blog
PartyCasino.com
News
Media
Man Australia does not represent International
Game Technology
|