Though there seems to be no big moves so far federally since the DoJ reversal of opinion on the wire act, some states like Nevada are moving fast to get an infrastructure in place to handle the wave on online gambling players.
So it only makes since that companies within the state of Nevada are getting in line as well to take advantage. Slot machine make International Game Technology (IGT), based in Nevada, is one of the companies. They have reached an agreement to purchase online gaming company Double Down Interactive.
IGT Chief Executive Officer Patti Hart said in a joint statement:
“The addition of Double Down launches IGT into a leadership position in social gaming, extends our global reach through new mediums and leverages our unmatched expertise in game development. We intend to drive meaningful value from this rapidly growing distribution platform that reaches a new but complementary demographic of gamers.”
Double Down Chief Executive Officer Greg Enell added about the possible $500 million deal:
“Double Down and IGT share complementary cultures focused on innovation and creativity. Both companies are committed to providing unrivaled quality, service and entertainment to millions of players. Leveraging IGT’s research and development, global reach, and best-in-class content will provide our loyal player base with an even more robust experience and is expected to augment Double Down’s growth trajectory.”
The deal breaks down as $250 million in cash, $85 million in retention payments and an additional payout of $165 million over three years.
Provider of online casino games, Nolimit City, has announced a new commercial tie-up with sportsbook juggernaut bet365. This integration will see the provider's entire online casino suite, which includes well-known titles such as Folsom Prison and Remember Gulag, made available to the operator’s wide user base. Nolimit is based in Sliema, Malta, and boasts a library of over 50 games that feature several proprietary mechanics such as xNudge, xWays, xSplit, xPays, and xBomb.
Are you looking for a high-voltage online slot experience? If so, then you’ll want to check out Danger High Voltage Megapays. This game from Big Time Gaming offers players the chance to win four different progressive jackpots at random times. It features 4096 active paylines, an RTP of 96.39%, and a max win of 39620x the bet. The game is set in a cityscape that looks like Las Vegas, and players can choose to bet between $0.20 and $40 per spin.
Need For Spin is a brand and website owned and operated by GBL Solutions N.V., a company registered in Curacao. The new online casino has an understanding that gambling is all about having fun. That's why it has created a platform that combines the excitement of racing cars with the classic casino experience. Whether you're a seasoned gambler or just looking for a good time, you'll feel right at home here. The site offers a variety of bonuses, promotions, and casino games to keep you entertained.