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IGT Fined $500k
IGT TO PAY FINE FOR SIDELINING A WHISTLEBLOWER
Gambling supply company agrees to pay $500,000.
The US Securities and Exchange Commission announced Thursday that online gambling supply company International Game Technology has agreed to pay a fine of $500,000 for side-lining an employee who reported the company to the SEC regarding the IGT cost accounting model.
IGT conducted an internal investigation into the whistleblower's allegations and determined that its reported financial statements contained no misstatements, the agency said, noting that the company neither admitted nor denied wrongdoing.
However, IGT removed the employee concerned from significant work assignments within weeks of raising the SEC report, and the fine imposed on the company relates to the whistleblower protections afforded by the Securities Exchange Act.
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Asia Gaming To Showcase Live Dealer Action -
Asia Gaming will be practically demonstrating its live dealer baccarat at the ICE show next month. The Asia-facing online gambling provider is on the expansion trail and intends to make a big impact at the expo and conference in London.
2017 Aussie Millions Event 6 -
Heads up, Boivin faced local pro Joel Feldman, but the Aussie proved to be no match for an on-fire Boivin who dispatched him with the runner up prize of A$78,440.
2017 Ice Totally Gaming -
Next month's ICE Totally Gaming conference and expo will again be a truly international affair, following confirmation by organizers Clarion Gaming that a total of 67 jurisdictions and sovereign states will be represented on the show floor at ExCeL Centre, London.
IGT in 7 Year Deal With Svenska Spel -
#IGT , as legacy #GTECH , has been providing video lottery products and support services to the state-owned monopoly Svenska Spel since 1996, the statement reminds readers.
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