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Party Poker News

IGT announces hurricane update

September 8

This morning, International Game Technology (IGT) gave an update regarding its situation in the Gulf area that was affected by the hurricane.

The company is pleased to announce that it has been in touch with all one hundred employees and none have been seriously injured, though many have no home or belongings.

IGT has allotted $1 million to help with relief efforts for its casino employees, customers and the communities that have suffered from the hurricane in the Gulf area. The company has also established an IGT Employee Relief Program to help its affected employees. IGT will provide unlimited matching dollars to employees who contribute to the Relief Program or the American Red Cross, too.

At the time of the disaster, IGT had about 600 machines pending sale and delivery by the end of this month, to casinos directly impacted. In addition, IGT planned the sale 1,000 to 2,000 additional machines during the next year.2006, which are now on indefinite hold pending the reopening of.

The company has business interruption and property damage insurance policies, which are subject to policy deductibles, but they are just pleased that they can contribute to others in need.

IGT remains committed to working with its employees, customers and local officials in the reconstruction efforts and will do everything reasonably possible with-in its control to support these efforts during the coming months.



 
   
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