IGT's New Competition

IGT, International Game Technology will be acquiring the electronic gaming technology developed by Novomatic. This new technology is similar to slot machine technology and will allow IGT to compete in this rapidly growing field on slot machine-type gaming. The machines are similar to slot machines in that they do not require a dealer, or any specific human operator, and the new technologies will allow gamers to interface through the machine while playing games such as blackjack and roulette.

IGT’s competition mainly centers on Shuffle Master because this company already has a foothold in the electronic table gaming industry. IGT is getting into the game at just the right time as Shuffle Master has only seen the demand for these slot machine type games increase within the last year. Shuffle Master expanded the slot machine type gaming experience in California among other areas—some of the new dealer-less games being offered at casinos include Three Card Poker and Let It Ride.

As Shuffle Master expands into Delaware with a contract for 54 electronic gaming tables, IGT sees that there is definite potential for this new technology within the existing casino industry. For this reason though IGT needs to really focus these next few months on getting a toehold on this market before Shuffle Master corners the market with exclusive distribution deals with the various states.
 

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