Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  International Game Technology PLC    IGT   GB00BVG7F061

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Game Technology : International Game to Acquire Electronic Table Games Patent and Technology from Paradise Entertainment

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/26/2016 | 12:31pm CEST
Deal Type: Asset Transaction
Deal Status: Announced
Deal Value: 0.0000 USD

Deal in Brief

International Game Technology PLC (IGT), a designer, developer, manufacturer and distributor of computerized gaming equipment, software and network systems based in the US, has signed an agreement to acquire electronic table game technology, patents and other intellectual property (Table Game IP) from Paradise Entertainment Limited, a holding company involved in development, supply and sales of electronic gaming systems and provision of casino management services based in Hong Kong. Under the terms of agreement, IGT will pay Paradise an upfront fee plus an ongoing earn-out based on placement of products utilizing the Table Game IP over a 15 year term. The agreement provides IGT with exclusive rights to Paradise's Table Game IP for the development, manufacturing, and distribution of Live and Random Number Generator (RNG) electronic table games worldwide, except in Macau where Paradise subsidiary LT Game will remain the exclusive provider of its electronic table game products. The closing of the agreement is subject to Paradise obtaining requisite shareholders' consents and approvals.

Index - Hong Kong Special Administrative Region of China
Index - Games Consoles
Index - Games
Index - Infrastructure Services
Index - Games
Index - Gaming
Index - Gambling

(c) 2016 World Market Intelligence. All rights reserved. Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. World Market Intelligence shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon., source WMI Deals

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on INTERNATIONAL GAME TECHNOL
01/19 INTERNATIONAL GAME TECHNOLOGY : Tech (IGT) Wins Seven-Year Contract with AB Sven..
2016INTERNATIONAL GAME TECHNOLOGY PLC : quaterly earnings release
2016 INTERNATIONAL GAME TECHNOLOGY : IGT) Acquires Assets from Leap Forward Gaming
2016 INTERNATIONAL GAME TECHNOLOGY : IGT expands to Bellagio Resort
2016INTERNATIONAL GAME TECHNOLOGY PLC : half-yearly earnings release
2016 GAME TECHNOLOGY : IGT) Acquires Hudson Alley Software
2016 Nektan Appoints Leigh Nissim As New CEO, To Join In Late July
2016 GAME TECHNOLOGY : International Game to Acquire Electronic Table Games Patent an..
2016INTERNATIONAL GAME TECHNOLOGY PLC : annual earnings release
2015 GTECH : International Game Technology Announces Offers to Purchase and Consent S..
More news
Sector news : Gaming Machine Operators
03/10 William Hill names interim chief Philip Bowcock CEO
03/07 European shares slip as Trump tweet hits drugmakers
03/04DJLAS VEGAS SANDS : Macau Casino's Mystery Gambler -- WSJ
03/03DJLAS VEGAS SANDS : The Hunt for the Mysterious Big Winner at Las Vegas Mogul's Ne..
02/28DJGALAXY ENTERTAINMENT : 2016 Net Profit Up 51% to HK$6.28 Billion
More sector news : Gaming Machine Operators
News from SeekingAlpha
03/20 After Hours Gainers / Losers
03/09 International Game Technology's (IGT) CEO Marco Sala on Q4 2016 Results - Ear..
03/09 International Game Technology 2016 Q4 - Results - Earnings Call Slides
03/09 International Game Technology declares $0.20 dividend
03/09 International Game Technology beats by $0.36, misses on revenue
Advertisement
Financials ($)
Sales 2017 4 942 M
EBIT 2017 1 107 M
Net income 2017 104 M
Debt 2017 7 611 M
Yield 2017 3,43%
P/E ratio 2017 59,16
P/E ratio 2018 43,98
EV / Sales 2017 2,49x
EV / Sales 2018 2,33x
Capitalization 4 686 M
More Financials
Chart INTERNATIONAL GAME TECHNOL
Duration : Period :
International Game Technol Technical Analysis Chart | IGT | GB00BVG7F061 | 4-Traders
Full-screen chart
Technical analysis trends INTERNATIONAL GAM...
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 29,6 $
Spread / Average Target 27%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Marco Sala Chief Executive Officer & Executive Director
Philip Glen Satre Chairman
Alberto Fornaro Chief Financial Officer & Executive Vice President
Alberto Dessy Independent Non-Executive Director
James Francis McCann Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
INTERNATIONAL GAME TEC..-8.66%4 686
LAS VEGAS SANDS CORP.4.14%44 162
SANDS CHINA LTD.4.63%36 425
GALAXY ENTERTAINMENT G..24.36%22 907
MGM RESORTS INTERNATIO..-10.82%14 763
WYNN RESORTS, LIMITED29.37%11 407
More Results