IGT Moves
to buy Online Casino Software Company
IGT Moves to buy Online Casino
Software Company By staffOne of the world’s
leading gaming manufacturers, International Game
Technology (IGT), has confirmed its intent to acquire
WagerWorks by August 2005, for around $90 million.
WagerWorks is an online gaming business that has
an impressive portfolio of clients including BSkyB,
Sony and Virgin.
Chief Executive Officer of IGT, TJ Matthews, commented,
“The acquisition of WagerWorks will help the
distribution of IGT game content across new channels
and mediums including the internet, mobile devices,
and interactive television. WagerWorks’ adherence
to a strict compliance policy ensures that operators
offer the company’s products and services
to end users in a responsible manner. We are very
excited to work with their customer base, content
providers and management team to accelerate and
enhance WagerWorks' growth prospects.”
WagerWorks offer IGT an extensive range of casino
based online games such as poker rooms, “Wheel
of Fortune” and “The Price is Right”.
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