Chun: LVS Had Role in IGT/LT Games Deal

Jay Chun (l.), the chairman of Macau’s Paradise Entertainment said the partnership between Paradise subsidiary LT Game and slot-maker IGT was brought about by Las Vegas Sands Corp.

The partnership of leading slot manufacturer International Game Technology and Macau’s LT Game, under which IGT will assemble and distribute LT Game hybrid table products in the U.S., came about because of a meet-and-greet arranged by casino operator Las Vegas Sands Corp.

According to the website GGRAsia, LVS executives acted as match-makers in the strategic partnership, which will allow IGT to compete in the hybrid table market with rival Bally Technologies, owner of the hybrid tables produced by the former SHFL entertainment.

Chun told GGRAsia that the initial meeting between the two companies was brokered by senior executives of Las Vegas Sands during the ICE Totally Gaming trade show in London in February.

“We were introduced by very senior management of Las Vegas Sands from Las Vegas during the ICE show in London,” Chun said. “They said, ‘You can have some strategy to work together. You (LT Game) are very good on the tables games, and you (IGT) are very good on the slot machines.’”