The NYSE-quoted company International Game Technology (IGT) has taken 12,600 sq ft of office space in Quay West adjacent to MediaCity. The company is relocating its main UK operation from its current premises in Ashton-under-Lyne in east Manchester.
IGT recently announced a 50% increase in its dividend payment on the back of buoyant revenues of over $2 billion. In a style expected of a gaming services company, the announcement was described thus: “This marks the 41th consecutive quarter that the Company has paid a dividend, the longest, current streak in the gaming industry….”
IGT’s HQ is split across two main bases in Reno and Las Vegas. It was established in 1981.
The company has offices in 14 countries outside the US but maintains interactive offices in just five centres internationally: San Francisco, Tallinn, Stockholm, London and Manchester. London is the company’s UK head and EMEA lead sales office while Manchester undertakes design, manufacturing and development work.
There are currently around 75 staff employed in Manchester but this number is expected to rise.
The Manchester connection came through the acquisition of Barcrest in 1998.
The company styles itself as a global leader in casino gaming entertainment delivering its services across social, mobile and interactive environments around the world. IGT designs, develops, manufactures, distributes and sells computerised gaming equipment, software and network systems worldwide.
IGT has taken a 10 year lease on the first floor of Quay West which is located adjacent to the Imperial War Museum North and close to the new ITV Coronation street set.
Robert Stecker, director of Global Facilities & Real Estate International Game Technology, said: “Relocating IGT’s Manchester offices to Quay West and being part of the growing MediaCity project is very exciting.
“It is a great location for us and we look forward to all that the area has to offer.”