International Game Technology Announces Consummation of the Acquisition of Acres Gaming

International Game Technology Announces Consummation of the Acquisition of Acres
Gaming 


RENO, Nev., Oct. 27  /PRNewswire-FirstCall/ -- International Game Technology 
and Acres Gaming  jointly announced today the filing of Articles of Merger with
the Nevada Secretary of State to consummate the previously announced planned
merger, pursuant to which Acres became a wholly-owned subsidiary of IGT in a
cash-for-stock merger.  Pursuant to the merger, stockholders of Acres will
receive cash in an amount equal to $11.50 per share of common stock.

Acres Gaming stock ceased to trade on the NASDAQ effective as of the close of
trading on Monday, October 27, 2003.  Stock certificates of Acres now represent
only the right to receive $11.50 per share in cash.  IGT's paying agent, The
Bank of New York, will distribute a Letter of Transmittal to the stockholders of
Acres with instructions on how stockholders may receive their merger
consideration.  Questions regarding how to surrender stock certificate(s), or to
request additional copies of the Letter of Transmittal, should be addressed to
The Bank of New York at [phone].

Acres is a software development company serving the worldwide gaming industry. 
Acres provides bonusing and cashless gaming products as well as a full suite of
integrated casino management systems via its Acres Bonusing(TM), Acres Cashless,
and Acres Advantage(TM) product lines.  Acres' patented technology enables
casino operators to increase patron loyalty by differentiating their properties
in an increasingly competitive environment. Acres' products provide the tools
that increase player enjoyment and satisfaction while improving operational
efficiency and property profitability.  Detailed descriptions of the promotions
made available by Acres Bonusing as well as other products offered by Acres, are
available at the company's Web site, http://www.acresgaming.com/ .  Acres was
founded in 1992 and has offices in Las Vegas, Nevada and Corvallis, Oregon.

IGT ( http://www.igt.com/ ) is a world leader in the design, development and
manufacture of microprocessor-based gaming and lottery products and software
systems in all jurisdictions where gaming and lotteries are legal.

Statements in this release which are not historical facts are "forward looking"
statements under the Private Securities Litigation Reform Act of 1995.  Although
IGT believes that the expectations reflected in any of its forward-looking
statements are reasonable, actual results could differ materially from those
projected or assumed.  IGT's future financial condition and results of
operations, as well as any forward-looking statements, are subject to change and
to inherent known and unknown risks and uncertainties. IGT does not intend, and
undertakes no obligation, to update forward-looking statements to reflect future
events or circumstances.

Information on risks and factors that could affect IGT's business and financial
results are included in our public filings made with the Securities and Exchange
Commission. 

DATASOURCE: International Game Technology



CONTACT:  Ed Rogich, IGT - VP Marketing, [phone], or Rich

Baldwin, IGT Investor Relations, [phone]



Web site:  http://www.igt.com/ 

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