WagerWorks was initially established as an operating subsidiary of Silicon Gaming, the highly innovative slot manufacturer, whose games and system hardware reshaped the slot machine industry. Shortly after the formation of WagerWorks, International Game Technology (IGT), the world's largest and most successful slot manufacturer, acquired Silicon Gaming and all of its proprietary slot technologies and game library. Upon completion of the merger, WagerWorks became an independent entity, founded and managed by key members of Silicon Gaming's management team, benefiting from their accumulated wealth of experience in the areas of casino operations, loyalty marketing, game development and regulatory compliance. Following the management team, the lead designers at Silicon Gaming formed a dynamic team comprising graphic artists, computer animators, producers, Flash game gurus, and math modelers.
WagerWorks recognised the full potential of legalised online gaming and set out to develop leading solutions for the market. Among the myriad of Internet gaming developers, WagerWorks is the only company with deep roots in the traditional land-based casino business; the wealth of knowledge and experience in the land-base sector provided the company considerable credibility as it began delivering proven land-based content online.
WagerWorks was acquired by IGT in August 2005, providing the company access to IGT's content and intellectual property portfolio, extensive business partnerships and experienced management team which has served to further enhance its product offering and market presence. With a reputation for exclusively licensing the largest library of popular brands, WagerWorks continues to deliver successful online gaming websites that are both entertaining, legally compliant and unparalleled in the industry.
