The Strike Point
      
View Thread Reply Return to Index Previous Next
Re: 808davo
By:Dave W. (76.204.27.76)
Date: 6/15/07 2:41 am
In Response To: 808davo (Chuck Smorse LM R-3632-159)

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

Password:

Messages In This Thread

IGT Getting Out
Chuck Smorse LM R-3632-159 (68.108.74.34) -- 6/14/07 11:30 pm
Re: IGT Getting Out
808davo (72.253.100.160) -- 6/15/07 12:34 am
Re: IGT Getting Out-Maybe idea--BUT
Dan Hanagriff (68.153.59.101) -- 6/15/07 1:49 am
Re: IGT Getting Out-Maybe idea--BUT
Steven (162.138.176.51) -- 6/15/07 7:34 am
808davo
Chuck Smorse LM R-3632-159 (68.108.74.34) -- 6/15/07 2:17 am
Re: 808davo
Dave W. (76.204.27.76) -- 6/15/07 2:41 am
Re: 808davo
808davo (24.94.82.45) -- 6/15/07 3:53 am
Re: 808davo
hambone (64.12.116.13) -- 6/15/07 10:16 am
Re: IGT Getting Out Letter
Gene Trimble LM 2182-170 (68.224.38.95) -- 6/15/07 9:03 am
THANK'S 4 POSTING THAT "GENE"
Dwight "SKIP" Harouff CHSS-75 (207.200.116.14) -- 6/15/07 9:17 am
Re: IGT Getting Out Letter
Walt Johnson (207.200.116.14) -- 6/15/07 11:13 am
Re: IGT Getting Out Letter
Chuck Smorse LM R-3632-159 (68.108.74.34) -- 6/15/07 3:37 pm
Reply
Your Name:
Your E-Mail Address:
Subject:
Message:
To include a link to another page with your message,
provide both the URL and the title of the page:
Optional Link URL:
Optional Link Title:
To include an image (picture) with your message,
provide the URL of the image file:
Optional Image URL:
To have the option of deleting your post later,
provide a password (CASE SENSITIVE!):
Password:
Email me when a reply is posted