IGT (International Game Technology)

IGTIGT (International Game Technology) develops and produces gaming platform for both real and online casinos. IGT gained its fame in late 1970s, when their slot machines became very popular in the United States. GT was one of the first companies that introduced computer technology in slot machines. In late 1980s IGT introduced Nevada Megabucks slot machines. They were the first slots in the history that had progressive jackpots. Nevada Megabucks machines were connected to each other, and players created a pool to the main jackpot of $1 million.

In 2005, IGT focused on rapidly growing online gambling market and bought WagerWorks, one of the largest international suppliers of software for Internet casinos. By 2010, IGT has taken top position on the market and has won more than 50 awards by various industry bodies.

In July 2014, an Italian gaming provider GTECH greed to purchase IGT. Presumably, the price of the transaction amounted to $6.4 billion. The new company will be based in the UK with headquarters in Las Vegas, Rhode Island and Rome. Surprisingly, the IGT brand will be changed in favor of GTECH.

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