Gaming products designer and manufacturer International Game Technology (IGT) has announced a 40% year-on-year rise in earnings for the third quarter after reporting a sharp increase in social gaming-related revenues.
The company reported earnings of $65.7m (€49.6m) on the back of revenues of $579m, which is up by 8.7% on the corresponding period last year.
Social gaming sales through the company’s DoubleDown online free-play casino, which was acquired by IGT last year, increased by 105% to $61m. DoubleDown offers more than 30 slot machines and table games and attracts an average of 5.4 million visits per month via social networking website Facebook.
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