Slot Systems News

News Brief: Shares of slot machine maker International Game Technology and casino operator Penn National Gaming Inc. fell sharply on Monday as Pennsylvania neared a budget deal without legalizing gambling.

International News Brief: Aristocrat's senior executives and directors have a history of spending company money on generous salaries for themselves, expensive houses and lavish furnishings.

The Nevada Gaming Commission has granted approval to Aristocrat Technologies to place its Millioni$er Hyperlink progressive slot link in Nevada casinos.

International News Brief: Aristocrat's new chief executive Paul Oneile says he sees no grounds for legal action by a group of shareholders against the company.

nternational News Brief: The Australian company said it expected lower second-half profits in its two biggest markets, shocking investors who had been expecting its performance to improve after a steep first-half loss.

With casinos converting to cashless slot machines and gaming proliferating nationwide, Reno-based International Game Technology continued its record-breaking growth rates in the quarter and year ended Sept. 30.

International Game Technology reports Q4 net income totaled $108.3 million or $0.31 per diluted share versus $62.8 million or $0.18 per diluted share in Q4 2002.

IGT's Chairman of the Board of Directors Charles N. Mathewson has resigned as a director and become Chairman Emeritus; G. Thomas Baker, Chief Executive Officer and President, has been elected the new Chairman of the Board of Directors.

Station Casinos, Inc. has signed an agreement with International Game Technology to define an accelerated schedule to purchase and take delivery of 5,000 new EZ Play gaming machines to complete their transition to 100% ticket-in ticket-out machines at all Station Casino locations within two years.

International Game Technology and Acres Gaming jointly announced today the filing of Articles of Merger with the Nevada Secretary of State to consummate the previously announced planned merger.

News Brief: Slot machine maker International Game Technology's $143 million acquisition of gambling systems tech company Acres Gaming Inc. won final state approval Thursday from the Nevada Gaming Commission.

William "Si" Redd, who founded slot giant IGT and helped popularize video poker and Megabucks progressive jackpots, died Tuesday at his beach home in Solana Beach, Calif., after an extended illness. He was 91.

John G. Brokopp: "The evolution of slot machines from mechanical reels with pictures of bells, cherries, and oranges to computer driven video marvels of modern technology isn’t over."

John Grochowski checks out new slots at the Global Gaming Expo.

John Grochowski checks out new slots at the Global Gaming Expo.