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IGT Social Gaming Going Well
04/25/2012 : SOCIAL GAMING GOING WELL FOR I.G.T.
Second quarter 2012 numbers from DoubleDown are positive
The primarily land gambling supply company International Game Technology's Q2-2012 results presented this week give an interesting insight into the progress being made by the firm's venture into internet and social gambling.
The company reported that revenues increased 13 percent to $541 million in the second quarter, primarily due to increases in North America product sales and interactive businesses.
Recent social gaming acquisition DoubleDown Casino increased its monthly users by 24 percent to 5.6 million as of March 31, 2012 when compared to December 31, 2011, the company reported.