SilverSands Casino: Get R400 Free Bonus

  1. Online Casino /
  2. Gambling News /
  3. IGT Looks to South Africa for Expansion

IGT Looks to South Africa for Expansion

Written by

Kelvin Jones
clockReading time 1 minread

US gaming supplier, International Game Technology (IGT) has announced their intention to expand its gaming machine business to South Africa. The announcement has come after IGT reported a 15 percent drop in revenue in the second quarter.

IGT has attributed some of the total fall in revenue for the period to a drop in machine sales and gaming operations. The six months ending March 31 saw a 7 percent fall in revenue from $1.13 billion to $1.05 billion.

The company has now implemented a cost-cutting program in an effort to save around $30 million per annum. In addition, for long-term growth, they are looking for expansion opportunities.

A draft Remote Gambling Bill was published in South Africa on April 23, 2014. The bill would open up the South African gambling market with operators around the world showing interest in this part of the world. A newly legalized South African gambling market would offer much potential to big operators.

IGT plans to supply approximately 50 percent of the 2,000 electronic bingo machines which will go live over the next 18 months around the country. This will provide the company with a significant presence in South Africa. Being present before the Remote Gambling Bill is made law will give them an additional advantage.

The Bill, published by DA Shadow Minister of Trade and Industry, Geordin Hill-Lewis, is expected to go through a nine-month long process, during which it will be open for public comment, will then be debated in the Portfolio Committee and will finally be voted on in Parliament.

IGT’s total online revenue was up, despite the total revenue decline that the company reported. This increase was attributed largely to IGT’s social gaming business, DoubleDown Interactive. Social gaming revenue rose 27 percent from the same time last year.

“We continue to see [DoubleDown] outpacing our expectations,” commented Patti Hart, Chief Executive of IGT. “We have always from the beginning of time settled down and focused on converting players to payers, and I think it’s evidenced in both our growth and the sustainable profitability associated with that growth.”

DoubleDown Infrastructure will also be used to enhance their research and development and contribute to their cost-cutting measures. With an increased focus on social gaming and its success in that area, as well as its presence in South Africa, IGT will be in an ideal situation to capitalize on the newly legislated SA gambling market. 

Learn more about safe gambling in Africa

About Playcasino.co.za:

Playcasino.co.za is the no1 online gambling guide for South African players. If you’re looking for the best online casino in South Africa look no further.

Kelvin Jones

Kelvin JonesVerified

Senior Editor & Product Owner


When he was still at varsity, Kelvin started out as a freelance writer for random online gambling sites. That’s until he chanced on PlayCasino and became one of our lead writers – a whole decade ago – and an expert on the fastest-paying online casinos. Since then, Kelvin has been one of the most instrumental personalities in shaping South Africa’s online gambling landscape.

continue readingRight-pointing Arrow Icon
Expert on:
  • checkiGaming
  • checkProduct Development
Clock Icon 1 min read

Get in on the action

Sign up now for the latest bonuses, promotions, and new online casinos.

By subscribing you confirm you are over 18 years old and agree to receive casino offers via email. You can unsubscribe at any given time. Please read the Privacy and Cookie Policies for

Close Icon

Have You Found What You're Looking for?

Your feedback is paramount!

As Seen On:
  • The guardian logo
  • Cnbcadrica logo
  • E play africa logo
  • Endorphina logo
  • Sigma logo
  • Thunderbolt casino logo

Gambling can be addictive, please play responsibly.

Phone Icon Helpline: 0800 006 008

PlayCasino aims to provide our readers with clear and reliable information on the best online casinos and sportsbooks for South African players.

Although our reviews and articles are expertly written and regularly updated, they are here to provide information and are not applicable as legal advice.

Keep in mind that local regulatory requirements exist.
Make sure you know what these requirements are before signing up to an online casino or sportsbook.

While we do our best to keep information current, promotions, bonuses and conditions, such as wagering requirements, can change without notice.
If you encounter a different offer from the ones we advertise, please contact our team.

Advertising Disclosure: playcasino.co.za contains paid links to our partner affiliates.
If a user visiting our site clicks on any of these paid links and makes a purchase from our partner, playcasino.co.za will get paid a commission.

© PlayCasino All rights reserved

Marketing Performance Media Limited BVI Company number: 2028811

Copyright © 2009-2023

  • 18+
  • South African Responsible Gambling Foundation
  • Gauteng Gambling Board
  • National Gambling Board South Africa
  • Casino Association of South Africa
  • Co2 neutral icon
DMCA.com Protection Status
Privacy Preference Center

Our site uses cookies to personalize content just for you. By agreeing, you're letting us tailor your experience. Because we value your privacy, you can click on the segments below to edit your cookie choices. If you opt out of certain cookies, be aware that it could influence the way you experience our site and the quality of services we offer. Learn more in our Cookie Policy & Privacy Policy.