Slot machine maker International Game Technology pays $500M for Facebook casino game maker Double Down Interactive

Reblogged from VentureBeat:

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Slot machine maker International Game Technology said Thursday it will buy Double Down Interactive for $500 million in cash. Double Down, based in Seattle, makes Facebook games such as the DoubleDown Casino.

Publicly-traded IGT is branching out into new types of casino gaming. DoubleDown Casino had more than 1.4 million active daily players at the end of 2011 and was No.

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By beatsoftech

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