Boz
Boz
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Joined: Sep 22, 2011
March 25th, 2014 at 3:47:17 PM permalink
http://www.reviewjournal.com/business/casinos-gaming/slot-maker-igt-announces-major-layoffs

I hope no one on here is affected by this.
DJTeddyBear
DJTeddyBear
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March 25th, 2014 at 3:58:06 PM permalink
I think, one way or another, we're all affected.
I invented a few casino games. Info: http://www.DaveMillerGaming.com/ ————————————————————————————————————— Superstitions are silly, childish, irrational rituals, born out of fear of the unknown. But how much does it cost to knock on wood? 😁
EvenBob
EvenBob
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Joined: Jul 18, 2010
March 25th, 2014 at 4:10:25 PM permalink
Hart said declines in gaming revenues in regional markets were sharper than expected>>

Meaning Indian casinos are stealing business
from each other as more and more of them
open. The harsh winter also kept players away.
Worst winter I've ever seen, there was no let
up, it's snowing right now.

Leased slots are somewhat like a Ponzi scheme.
There has to be a point where the number of
machines leased aren't getting played enough
because the player market is finite. Looks like
they reached that point.
"It's not called gambling if the math is on your side."
tringlomane
tringlomane
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March 25th, 2014 at 6:59:30 PM permalink
I looked at IGT Careers a few weeks back and only saw 9 openings. I guess this explains it more. :(

Hope no one here was affected.
Wizard
Administrator
Wizard
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Joined: Oct 14, 2009
March 25th, 2014 at 7:20:54 PM permalink
Quote: tringlomane

Hope no one here was affected.



I think all the aspiring game inventors on the forum just saw their hopes go down further, for those casting their net in the video gaming market.
"For with much wisdom comes much sorrow." -- Ecclesiastes 1:18 (NIV)
teddys
teddys
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March 25th, 2014 at 8:06:02 PM permalink
Bally's must be breathing down their neck. They are no longer the big gorilla (they're still an ape) with Bally's purchase of SHFL.

And don't forget NanoTech Gaming Labs headed by Ahigh!
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
MathExtremist
MathExtremist
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March 25th, 2014 at 8:50:47 PM permalink
Quote: Wizard

I think all the aspiring game inventors on the forum just saw their hopes go down further, for those casting their net in the video gaming market.


Not if I have anything to say about it. I may be in a position to compete with the big boys in the very near future and we're definitely going to be looking for content. Stay tuned for updates; this is a fluid situation over the next 4-6 weeks.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
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