LAS VEGAS, Nov. 10, 2010 /PRNewswire via COMTEX/ --
International Game Technology (NYSE: IGT), a global leader in creating the games that players love and the network systems that improve the player experience, announced today the creation of an interactive division within the Company dedicated to building upon the strengths that IGT already enjoys in the online and mobile gaming markets. IGT's WagerWorks and Million-2-1 groups will merge into a single global division headquartered in San Francisco, California. The Interactive division will be led by Gideon Bierer, IGT executive vice president.
"Merging our online and mobile business units under the IGT brand will solidify our position as a leader in interactive gaming," said Bierer. "In the last five years in the U.K. alone, we have handled more than $10 billion in online wagers and are currently processing more than 1.5 billion online transactions each year. As technology advances and markets evolve, we look forward to accelerating our product innovation and significantly growing our interactive business. We already work with the largest online operators in many European countries and look forward to doing the same in new territories."
IGT's interactive products are consistently named the best in the market by industry experts, customers and independent judges. WagerWorks has been active in the interactive market for 10 years, and is widely recognized as the premier provider of regulatory-compliant casino games content with an array of more than 100 highly popular and proven games and the top-performing wide area progressive MegaJackpots(R) series. WagerWorks has worked with more than 50 of the industry's leading operators to meet their interactive gaming needs via both content and platform solutions. Million-2-1 has a proud eight-year pedigree in the mobile business, with a unique and broad product portfolio including mobile slot, table and SMS games, mobile marketing, and platform and lottery products across all major mobile technologies.
This new division serves customers in regulated, legal markets globally, with staff in eight offices across North America, Europe and Asia. The management team brings a wide range of experience from the gaming, technology and content industries including executives from St. Minver, Yahoo!, Paypal, Paddy Power, Oracle, MTV Networks, Fox, EA, Hewlett-Packard, Hands-On Mobile, Sony, Victor Chandler, and the UK Tote.
International Game Technology (NYSE: IGT) is a global leader in the design, development, and manufacture of gaming machines and systems products, as well as online and mobile gaming solutions for regulated markets. More information about IGT is available at www.IGT.com