IGT Launches Video Slot from Legacy GTECH on DoubleDown Casino
The leading casino software developer International Game Technology PLC disclosed on December 22, that GTECH’s first game has been released and it’s already on the company’s casino website DoubleDown Casino.
A Glance at The New Slot
Treasure of the Pyramids slot boasts 5 reels, 40 paylines and it comes with an Egyptian theme that has obtained much popularity in land-based casinos. The General Manager and Vice President of DoubleDown Interactive, Joe Sigrist, declared that releasing this GTECH title is a truly important milestone for IGT as it showcases GTECH and IGT’s combined strength. The new Treasure of the Pyramids slot is available for both mobile and desktop.
Treasures of the Pyramids features a familiar base game and incredible bonus mechanics which gamblers will recognize from brick-and-mortar casinos. Its configuration showcases the legacy title’s iconic wild panther symbol onto the reels, and gives players the changes to get 100 free games in the bonus round – which comes with various multipliers.
What the Officials Say
Joe Sigrist further emphasized that the slot has already gained much popularity in land-based casinos and leveraging its popularity through the social casino platform would help the company provide more types of slots with highly engaging content.
The gambling software developer aims to further establish itself as a leader in the development and distribution of platform content, as noted by the IGT’s General Manager.
The two companies have merged in July 2014. IGT is a Nevada-based company and GTECH is an Italian lottery developer of gaming solutions.
The Nevada Gaming Control Board and the Nevada Gaming Commission approved the deal after a thorough regulatory review. The two giants have merged officially in April 2015. Marco Sala is the former GTECH CEO and has been appointed CEO of IGT PLC.
The merger between the two giants has marked another huge milestone in the journey to further establishing one single entity as a leading gaming software developer and lottery machines producer. IGT and GTECH also provide variosu options and services for the lottery and gaming industries.
The 3rd quarter of 2015 saw the company posting significant increases in a few essential performance indicators. One of the best examples is the generation of a $1.2 billion revenue, up to 30% from the same time interval in 2014. IGT and GTECH’s adjusted EBITDA went up 21% to $415 million. The operating income for the 3rd quarter of 2015 totaled $259 million, increasing with 26% as compared to the same period in 2014. Alberto Fornaro, IGT CFO, stated that these amazing results in 2015 are the result of diversity and ”discipline in operational management”.
About IGT
IGT is one of the global leaders in gaming software. They enable gamblers to play their favorite games across all regulated segments and channels, from Social and Interactive to Gaming Lotteries and Machines. Leveraging a base of premium content, huge investments in innovation, in-depth client intelligence, stunning operational expertise and cutting-edge technology, their gaming solutions offer content for the highest demands of 21st-century consumers.
