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Double Down Casino Extends Beside Internet To Face Real Of Land-Based Casinos

February 4th, 2012 | Author:
PureVegas Casino

Most recent month Double Down Interactive, a leading online social gaming company and developer of the well known DoubleDown Casino available on Facebook, settled a specified treaty to be purchased by slot machine maker International Game Technology company for $500 million.

Started in April 2010, the DoubleDown Casino is the world’s most popular internet casino websites as well as one of the top-rated 4 social media games in 2011 as determined by Facebook. As suggested by AppData.com, DoubleDown Casino today seems to have 4.7 million monthly active individual users, moving upward from 3.3 million in October 2011. Double Down includes online blackjack, slots, slot game competitions, online video poker as well as online roulette to social online players across the globe.

The whole consideration consists of $250 million in hard cash, $85 million in sustaining installment payments during the afterwards couple of years and up to $165 million in cash payable for the the following 3 years dependent upon Double Down encountering certain business execution targets. IGT expects to fund the transaction from cash on hand.

On top of that Double Down allows IGT instant dimension and balance in the booming world of casino-form social gaming, and is expected to extend IGT’s trendy gaming brands far beyond the actual betting houses to Facebook, the realm’s major social net with above 800 million global participants.

“Double Down and IGT share complementary cultures centered on innovation and imagination,” pronounced Greg Enell, CEO of Double Down. “Both companies are committed to presenting unrivaled quality, customer service and enjoyment to millions of online players. Leveraging IGT’s R&D, global reach, and best-in-class content will present our committed player base with an even more quality understanding and is anticipated to increase Double Down’s growth trajectory.”

“As technological innovations progressively influence end-user conduct, social dynamics are quickly changing entertainment and gaming experiences far and wide,” claimed Patti Hart, CEO of IGT. “The addition of Double Down roll-outs IGT into a leadership rank in social gaming, extends our worldwide attain by way of completely new mediums, and also leverages our matchless capability in game development.”

Best Facebook games get to be very trendy and also can include blackjack online – the best casino game played globally.. Also published at Double Down Casino Extends Beside Internet To Face Real Of Land-Based Casinos.

The Best Facebook blackjack application
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