iGaming Business – Gaming products designer and manufacturer International Game Technology (IGT) has reported a 9% rise in total revenue for the 2013 fiscal year following significant growth in social gaming sales. IGT said total revenue for 2013 was $2.3 billion (€1.7 billion), up from the $2.2 billion recorded in 2012, despite having only recorded slight revenue growth in the fourth quarter of this year. The figure was boosted by social gaming revenue, which grew to $219 million, a 151% rise. Social gaming also grew by 72% in the fourth quarter alone. Operating income at IGT grew to $494 million,…

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…