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The Strike Point Archive 01

Re: 808davo
In Response To: 808davo ()

What is the direct source of this info.? And has IGT made this decision...or is it just considering it? I believe the answer isn't a single person, but rather a newly formed company ("NewCo") -- perhaps made up of a number of Club Members (some of whom put up the capital -- even if only a nominal amount -- for the name purchase from IGT -- as well as the capital for new machines, parts, etc.).

While it is true Casinos prefer no-name vs. Branded Slots (as they don't have to pay a cut to the owner of the Trademark - think Wheel of Fortune), this is a different scenario. Here, I believe the slot managers couldn't spare the time/effort to run/maintain these machines without a central authority (IGT or some other company such as NewCo). I am in the Investment Banking/Private Equity Field and have handled a number of transactions such as this. The artwork suggestions etc. are all things which could be voluntary submissions of designs much as the same central themes which many casinos used at the same time over the yrs.

If someone can get me:
A) The IGT Source of the info.
B) The Status of the Decision
C) Any other Facts

I would be willing to contact IGT re such a discussion (assuming there are other Strikers who could help put up Capital; I would only do a 10% or so share -- and assuming there are Strikers w/ managerial experience in the sector...or execs within the business who would come along with the assets).

As IGT is a public company, this is all just hypothetical -- and no serious discussions should take part in public. Any serious disccusions would have to be undertaken in private. Any Strikers w/ the capital to put up and the background info. can feel free to contact me at David@WilliamsCap.com

Best Regards,

David Williams SS - 1044

Messages In This Thread

IGT Getting Out
Re: IGT Getting Out
Re: IGT Getting Out-Maybe idea--BUT
Re: IGT Getting Out-Maybe idea--BUT
808davo
Re: 808davo
Re: 808davo
Re: 808davo
Re: IGT Getting Out Letter
THANK'S 4 POSTING THAT "GENE"
Re: IGT Getting Out Letter
Re: IGT Getting Out Letter

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