Double Down’s parent IGT sells to Italian lottery operator for $4.7 billion

U.S. slot-maker International Game Technology, which owns Seattle’s Double Down Interactive, has been sold to an Italian lottery operator Gtech for $4.7 billion in cash and stock. For the past month, it was known that IGT had been exploring a possible sale following the disclosure earlier this year that it was facing financial troubles. Gtech will pay… Read More

Double Down

Double Down Interactive parent IGT reportedly exploring sale

International Game Technology, the Las Vegas-based casino game maker, is looking for a buyer, according to a report today in Reuters. The company, which in early 2012 paid up to $500 million for Seattle social gaming powerhouse Double Down Interactive, currently boasts a market value of $3 billion. IGT’s value has dropped about 21 percent… Read More


Pass Go: DoubleDown partners with Hasbro, launches Monopoly Plus casino game

Monopoly is making its way to DoubleDown Casino. The Seattle maker of casino-style social games that was gobbled up by Las Vegas-based International Game Technology for as much as $500 million last year has partnered with Hasbro to launch Monopoly Plus on the DoubleDown Casino. The game is essentially virtual slots with Monopoly pieces and logos. Players will be able… Read More


DoubleDown exec: Federally regulated real-money online gambling coming in 1 to 3 years

SAN FRANCISCO–At the casino track of this week’s Casual Connect conference, real-money gambling is one of the big questions hanging over the burgeoning social gambling industry. With Nevada, New Jersey and Delaware all having recently legalized real-money online games, developers are wondering when that same opportunity will be extended across the US. Charles Harper, DoubleDown’s… Read More