US gambling solutions provider IGT has recently made an announcement regarding its latest major company development. The firm is planning to sell its DoubleDown Interactive iGaming operations arm to the South Korean-based operator DoubleU Games, which is based in Seoul, the country’s main capital. Jun 02, 2017 · International Games Technology IGT announced on Thursday that it has finalised the sale of its social casino subsidiary, Double Down Interactive, to an affiliate of DoubleU Games Co. In April, the South Korean DoubleU affiliate agreed a deal to acquire Double Down Interactive for a cash purchase price of $825m. Apr 18, 2017 · International Game Technology IGT and DoubleU Games Co have today agreed an $825m deal which will see IGT sell its DoubleDown social casino brand. The firm, which is headquartered in Las Vegas, had previously reported long-term debts of $7.863bn and hopes to use the proceeds from the sale to reduce this debt. International Game Technology IGT – the global omni-channel leader that boasts an integrated portfolio of gaming-related technology, products and services – has successfully finalised the sale of its DoubleDown Interactive social casino. An affiliate of DoubleU Games Co. has become the proud owner of DoubleDown casino in a purchase deal. Apr 18, 2017 · IGT Sells Double Down Interactive to DoubleU Games for $825m. Posted By Victor on Apr 18, 2017 in Online Casino News 0 comments. IGT has announced it will be selling their Double Down Interactive to South Korea’s DoubleU games for $825 million.
IGT announced the sale of its DoubleDown social gaming unit on Monday night to DoubleU Games, a smaller social casino operator based in South Korea, for $825m and an agreement that will see IGT continue to provide game content in return for ongoing royalty payments. Apr 18, 2017 · Multinational slot and lottery giant IGT has announced the sale of its social casino subsidiary Double Down to South Korean games developer DoubleU Games.
LONDON, June 1, 2017 /PRNewswire/ -- International Game Technology PLC "IGT" NYSE:IGT today announced that it has completed the previously announced sale of its social casino subsidiary. Apr 18, 2017 · IGT to sell DoubleDown Interactive. April 18, 2017. Upon closure of the sale, the parties will enter into a game development, distribution and services agreement that will see DoubleU Games offer IGT's full casino game library on DoubleU Games’ combined social casino platforms, in exchange for ongoing royalties to IGT. IGT brings you Golden Jungle, a 5 reel online slot filled with big wins and bonus features, all wrapped up in a good-looking package that is both fun and rewarding. Set against a lush jungle backdrop, Golden Jungle has a distinctly Indian theme with various images of Indian treasures dotted around the reels.
Apr 17, 2017 · Upon the closing of the sale, the parties will enter into a game development, distribution and services agreement that will enable DoubleU Games to offer IGT’s extensive casino game. In a press release this Monday, global online and land-based casino game suppliers IGT International Game Technology have announced the sale of their social casino branch, Double Down Interactive LLC, to an affiliate of the Seoul-based social casino operators DoubleU Games.The deal will also see both companies form a multi-year strategic partnership to combine IGT games and DoubleU Games. "IGT" refers to IGT and the subsidiaries and affiliates of International Game Technology. nor may Licensee use any Licensed Trademark in connection with the promotion or sale of any unauthorized services or products, including but not limited to machine glass, reel strips, toppers or any other game components or products or services for use. Bellagio Lodge and Casino Announces Casino Poker Video Games Reside Stream via Twitch. Representatives regarding the lavish Bellagio lodge and Casino vacation resort in Las vegas, nevada announced the gambling that is actually iconic is to reside supply the raging bull casino aud cash video games hosted on the properties via the leading video clip online streaming platform Twitch. International Game Technology Plc engages in the designing, manufacturing, and marketing of electronic gaming equipment, software, and network systems. It operates through the following segments: North America Gaming and Interactive; North America Lottery, International, Italy, and Other. The North America Gaming and Interactive segment develops and delivers leading games, systems and.
Upon the closing of the sale, the parties will enter into a game development, distribution and services agreement which will enable DoubleU Games to offer IGT's extensive casino game library on. International Game Technology PLC, together with its consolidated subsidiaries, has principal operating facilities in Providence, Rhode Island; Las Vegas, Nevada; and Rome, Italy. IGT Malta Casino Limited is licensed by the Malta Gaming Authority under a B2B Critical Supply Licence to provide games to B2C operators in the European Union or. Jun 02, 2017 · Updating the market, New York-listed IGT Group Plc has confirmed that it has concluded its $825 million sale of social games/gambling division Double Down Interactive to Korean games developer DoubleU Games Studio. The deal was first announced last April, with IGT governance detailing that the final sales figure represented a value of ‘10.5 x on. Apr 18, 2017 · Gambling giant International Game Technology has announced that they've made the decision to sell off its Double Down Interactive social casino business to a South Korean firm for $825 million. The sale will see the platform sold to affiliate group DoubleU Games Co. out of South Korea, and the deal will bring about the licensing of IGT's social slots, which are derived from many land.
IGT to sell Double Down social casino to DoubleU Games for $825 million. Tue April 18 2017. In a press release this Monday, global online and land-based casino game suppliers IGT International Game Technology have announced the sale of their social casino branch, Double Down. Apr 17, 2017 · International Game Technology IGT-2.5% has a definitive deal to sell casino unit Double Down Interactive to an affiliate of South Korea's DoubleU Games for $825M.The two will pursue a. Apr 19, 2017 · Social Gaming: IGT to sell Double Down for $825 million. Wednesday, April 19,. to an affiliate of DoubleU Games Company, a social casino operator headquartered in South Korea. Upon the closing of the sale, the parties will enter into a game development, distribution and services agreement, which will enable DoubleU to offer IGT’s. LONDON, U.K. June 1, 2017 -- International Game Technology PLC “IGT” NYSE:IGT today announced that it has completed the previously announced sale of its social casino subsidiary, Double Down Interactive LLC, to an affiliate of DoubleU Games.
The WEEK in REVIEW A Weekly Snapshot of the Top Lottery and Gaming News Stories. Vol. 79 No. 4 - Monday April 24, 2017. Upon the closing of the sale, the parties will enter into a game development, distribution and services agreement which will enable DoubleU Games to offer IGT's extensive casino game library on DoubleU Games' combined. Intended for an adult audience and does not offer real money gambling or an opportunity to win real money or prizes. Practice or success at social gambling does not imply future s. IGT was established in 1975, so you’ll already realize that they didn’t begin as on online casino game manufacturer. Instead, they made land-based slot machines, and their slots were found in a number of the world’s top casinos. Skill gambling games on the IGT menu at 2017 G2E in Las Vegas. International Game Technology IGT is the world’s largest developer of gambling related technology. As such, the company’s appearance at the annual Global Gaming Expo G2E in Las Vegas always commands great attention from the audience. This year will be no different.
Jan 12, 2012 · International Game Technology, which makes real-world casino games and gambling systems, has agreed to pay as much as $500 million to buy Seattle-based Double Down Interactive, a. “IGT, predominantly a designer and manafacturer of slot machines, says the deal “propels [it] into a leadership position within social gaming.”” If you ever played a slot machine at a Casino you most likely played IGT slots. IGT is noted as the largest gaming supplier in the world to land-based casinos, online and on mobile devices.
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