Wagerworks Casinos

WagerWorks

WagerWorks is a previously independent internet gaming company that now forms part of International Game Technology (IGT). WagerWorks was purchased by IGT in 2005.

Wagerworks History

Silicon Gaming had been developing land-based video slots since the 1990s when it decided to create a division to create software for online casinos, which it named WagerWorks. Silicon Gaming was a big name in video slots, and had gained licenses for the creation of machines based on popular US TV shows, such as Family Feud.

WagerWorks quickly became known as a company who refused to take any risks when it came to the jurisdictions in which they could operate. Despite being a US-based company, they have always fully understood the restrictions imposed on US based players, and have only licensed their software under jurisdictions where online gambling is perfectly legal, such as the UK and Alderney. Among the impressive list of clients that WagerWorks eventually built up were outstanding names such as Sony, Virgin and BSkyB.

In 2000, the now ailing Silicon Gaming was bought by the then current gaming machines industry leader, IGT, effectively curtailing the lifespan of the Silicon Gaming name. WagerWorks carried on as a separate entity, controlled by Silicon Gaming executives who had been swallowed up by IGT. At the time, IGT considered the online gaming world to be too risky to firmly invest in, especially as US players remained banned from online gambling.

There has always been a slight emphasis with WagerWorks on slots and table games, and on card games in particular. Among the games WagerWorks provides, are Baccarat, Blackjack, Caribbean Stud Poker, Craps, Hi Lo, Keno, Match 3, Power Blackjack, Three Card Poker and Roulette. WagerWorks also continued with the Silicon Gaming tradition of creating games based on popular TV shows, by creating games based on the Wheel of Fortune, and The Price is Right, as well as games based on board games such as Monopoly, Battleship and Cluedo.

In 2004, WagerWorks signed up with the World Poker Tour to create a WPT-branded online poker room.

In July, 2005, it was announced that WagerWorks had been purchased by IGT for $90 million. This was the first time that IGT had dared to enter the world of online gambing.

In 2009, WagerWorks announced a deal with Balkan Bet that would allow the company to supply premium game content to Eastern Europe.

WagerWorks Today

Unlike its former owner, Silicon Gaming, WagerWorks remains an active concern, despite it remaining under the IGT banner. It still maintains its distinctive range of online slots games, the most famous of which is Cleopatra, and its unimaginatively entitled sequel, Cleopatra II. The company currently has office in both Europe and North America.

In total, WagerWorks provides the online casino industry with around 75 different games, mainly online slots and table games. All WagerWorks games are browser only, and as a nice touch, most WagerWorks games have the facility to reduce the quality of the graphics, meaning the players with lower internet speeds can play their games without repeated connection faults and the threat of losing a big win due to a data transmission glitch.

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