International Game Technology PLC (IGT) Key Developments

Argus expects International Game Technology Ordinary Shares (NYSE: IGT ) to realize from GTECH merger synergies and strong cash circulate. Analyst John Staszak sees strong prospects for each strong revenue and earnings growth within the upcoming period.

With Facebook potentially permitting actual money gambling in certain components of the world (like in the United Kingdom, the place it’s authorized), gambling-themed social games like DoubleDown are well-positioned to access a brand new audience segment that wishes to play with actual money. Games that have already got established audiences may be able to convert present gamers that use solely in-recreation foreign money to real cash players, on condition that individuals are more prone to belief a developer they know reasonably than new social sport developers that build games only for actual money gambling.

Johnson testified that on the time he terminated Shawn he had no related plans to finish Lena’s employment. However, Johnson claimed that, within weeks of Shawn’s termination, he acquired complaints from the Engineering Department that Lena’s demeanor had turn out to be very odd” and that she had develop into extraordinarily troublesome and intensely unfriendly.” A completely different IGT employee additionally discovered in early 2004 that Lena had twice requested access to allegedly delicate data related to Class 2” gaming. Johnson terminated Lena shortly thereafter.

The closing element of a prima facie case underneath § 1514A is that the circumstances had been adequate to raise the inference that the protected activity was a contributing issue within the unfavorable action.” 29 C.F.R. § 1980.104(b)(1)(iv). As the district court accurately observed, the Van Asdales haven’t put forth any direct evidence that their protected exercise was a contributing factor to their termination. The major proof on this challenge is circumstantial: the proximity of the Van Asdales’ terminations to the November 24, 2003 assembly with Johnson.

According to Shawn, as part of his department’s due diligence in reference to the proposed IGT-Anchor merger, he investigated this dispute by arranging to buy a classic Monte Carlo machine in Chicago and sending it to IGT’s exterior patent litigation counsel so that counsel could assess the impact of the machine on Anchor’s patent. Shawn subsequently met with outdoors counsel to debate the likelihood that the wheel patent might be redrafted. After IGT’s interior circle had discussed the difficulty, the company determined to go forward with the merger, a decision by which Shawn evidently concurred.