• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

LT Game, IGT sign distribution agreement

Aug 14, 2014 Newsdesk Latest News, Macau, Top of the deck, World  


LT Game, IGT sign distribution agreement

U.S.-based gaming supplier International Game Technology (IGT) and Macau-based casino multi-game manufacturer LT Game Ltd announced on Thursday a three-year distribution agreement for North America and Macau.

Under the terms of the agreement, IGT will distribute LT Game’s live and electronic table game systems in the U.S. and Canada, while LT Game will serve as distributor for IGT’s slot machines in the Macau market, Paradise Entertainment Ltd, the parent company of LT Game, said.

The terms of the agreement specify that IGT will distribute LT Game products on an exclusive basis across North America. IGT is also granted right of first refusal for distribution of LT Game products to Europe, the Caribbean, Mexico, South America and Central America.

In a statement, the companies said the partnership “provides the unique opportunity to leverage existing sales, services and compliance infrastructures to drive revenues from incremental product segments”.

Paradise Entertainment last month said LT Game had received formal written approval from the Nevada Gaming Control Board for installation of its equipment in the Nevada market.

“The agreement unlocks enormous potential for LT Game in the international market and marks a significant milestone in our history,” Jay Chun, chairman and managing director of Paradise Entertainment, said in the statement.

“It signals an important cooperation that will generate synergies for both IGT and LT Game,” he added.

Mr Chun said LT Game is well-positioned to assist IGT in the Macau market, adding that the partnership will enable LT Game “to accelerate its expansion of global presence and distribution”.

The boss of LT Game had told GGRAsia in May that it expects sales to overseas markets to reach 60 percent of the company’s revenue in 2015.

“This alliance is unique to the gaming industry, combining the storied IGT legacy with the market intuition of LT Game to deliver a broader and more relevant product portfolio to our collective customers in North America and Macau,” said Eric Tom, IGT executive vice president of global sales.

IGT announced last month it is being acquired by Italian GTech SpA for a total of US$6.4 billion, comprised of US$4.7 billion in cash and stock, and the assumption of US$1.7 billion in net debt.


  • tweet
Related articles
  • Macau May casino GGR up 25pct m-o-m: govt
    Macau May casino GGR up 25pct m-o-m:...

    Jun 01, 2022  

  • Macau gaming workers 27pct of underemployed population
    Macau gaming workers 27pct of...

    May 24, 2022  

More news
  • Maybe new Macau mass Covid test, community spread still
    Maybe new Macau mass Covid test,...

    Jun 24, 2022  

  • Blackstone clinches US$6.15bln takeover of Crown Resorts
    Blackstone clinches US$6.15bln takeover...

    Jun 24, 2022  


Latest News

Maybe new Macau mass Covid test, community spread still

Maybe new Macau mass Covid test, community spread still

Jun 24, 2022  

It is likely that Macau will shortly have a third round of citywide centre-based Covid-19 testing in little more than a week, after the results so far of a second mass test – that was due to finish...
Read More
Blackstone clinches US$6.15bln takeover of Crown Resorts

Blackstone clinches US$6.15bln takeover of Crown Resorts

Jun 24, 2022  

Jeju still studying online gaming for its casinos: govt

Jeju still studying online gaming for its casinos: govt

Jun 24, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$5.8 million

Amount that each Macau casino operator paid for the circa six-month extension of their respective contract



Most Popular

  • Maybe new Macau mass Covid test, community spread stillMaybe new Macau mass Covid test, community spread still June 24, 2022
  • Blackstone clinches US$6.15bln takeover of Crown ResortsBlackstone clinches US$6.15bln takeover of Crown Resorts June 24, 2022
  • Alvin Chau, Suncity trial set for September 2: courtAlvin Chau, Suncity trial set for September 2: court June 20, 2022
  • Jeju still studying online gaming for its casinos: govtJeju still studying online gaming for its casinos: govt June 24, 2022
  • Macau ops sign contract extension, eye fresh public tenderMacau ops sign contract extension, eye fresh public tender June 23, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us