G2E Preview: New Shuffle Master Games

Shuffle Master was rebranded as SHFL a couple of years ago but was purchased by Bally Technologies. Shortly after that acquisition Bally Technologies was purchased by Scientific Games. In the…

Gamblit Gaming Is The Future

7 Screen Slot Machine From Gamblit Gaming At G2E
7 Screen Slot Machine!

I first heard of Gamblit Gaming over the summer when they received approval to incorporate video games with casino games (see story on Vegas Chatter). They were fairly quiet over the few months following approval. Their plan was always to use G2E as a springboard and launch games publicly next year.

While the big named themed slot machines were the first talking point for the mainstream media covering G2E, Gamblit Gaming really took over as G2E came to a close. If you’ve seen any news articles since G2E you’ll probably notice the injection of millennial’s into the discussion. That’s where Gamblit steps into the discussion.

Konami Gaming Or Apollo Management Could Be New Owners Of IGT

IGT Logo

When I first saw the news about IGT being for sale I didn’t think much of it. The headline was shaped by IGT’s stock price being up 15%. I’m not in the market, so I wasn’t concerned. Then it hit me that one of the largest slot machine and the biggest video poker machine company is on the market and I was full of WOW.

Evidently this wasn’t a surprise to the stock market as IGT’s value has dropped 31% in the past year. They laid off 7% of their staff earlier this year in hopes of cutting enough costs to salvage the company. It doesn’t look like that’s working as the company is rumored to be on the market just to keep it alive. Reuters says IGT has been planning for a sale for the past two months.

The Las Vegas Review Journal reports that a number of private equity companies and gaming companies are interested in acquiring IGT. The most interesting to me are Konami Gaming and Apollo Global Management. Let’s take a quick look at how both could work with IGT.