What Does WagerWorks Do?

Total employees80
HeadquartersSan Francisco
Founded1999

WagerWorks was a prominent software development company specializing in online casino games and gaming platforms, founded around 1999. It gained recognition for creating popular and engaging content for the digital gambling market. In a significant industry move, WagerWorks was acquired by International Game Technology (IGT) in August 2005 for approximately $90 million. Following the acquisition, WagerWorks' portfolio, technology, and development teams were integrated into IGT's interactive division, significantly bolstering IGT's presence in the online gaming sector. While the WagerWorks brand is no longer active independently, its innovative games and technological foundations continue to be part of IGT's offerings, influencing modern online casino experiences.

Where Is WagerWorks's Headquarters?

WagerWorks officeWagerWorks officeWagerWorks officeWagerWorks office
*Images sourced via web search. Rights belong to original owners

HQ Function

The headquarters served as the core for strategic planning, game design and development, software engineering, and corporate operations for its global online gaming business.

Notable Features:

As a technology firm in the early 2000s, the office environment likely fostered innovation and collaboration, typical of software development companies of that era. Specific architectural details are not publicly documented.

Work Culture:

The work culture was likely dynamic, fast-paced, and innovative, focusing on creating cutting-edge online casino games and platforms in a rapidly growing digital market.

HQ Significance:

The San Francisco headquarters was instrumental in establishing WagerWorks as a key player in the early online casino industry, developing the technology and content that led to its acquisition by IGT.

Values Reflected in HQ: Innovation in digital gaming, technological excellence, and a pioneering approach to the online entertainment market.

Location:

Before being acquired by IGT, WagerWorks had an international reach, providing its online casino games and software platforms to operators in various regulated markets, with a strong presence in North America and Europe. Its global functions encompassed game distribution, platform licensing, technical support, and partnership management for online casino clients worldwide.

Street Address:

Specific street address from pre-2005 is not widely publicized.

City:

San Francisco

State/Province:

California

Country:

USA

Where Else Does WagerWorks Operate Around the World?

London, England, UK

Address: Specific pre-2005 street address not widely publicized.

To manage and grow WagerWorks' presence in the significant European market, support European casino operators, and adapt products to regional player preferences and regulatory landscapes.

Buying Intent Signals for WagerWorks

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading WagerWorks? Meet the Executive Team

As of April 2025, WagerWorks' leadership includes:

Paul Mathews - President and CEO (Widely reported role prior to acquisition)

Who's Investing in WagerWorks?

WagerWorks has been backed by several prominent investors over the years, including:

WagerWorks operated as a privately held company prior to its acquisition.
It was known to have received venture debt and financial services from institutions such as Silicon Valley Bank to fuel its growth and development in the online gaming sector.

What Leadership Changes Has WagerWorks Seen Recently?

Hire0
Exits0

WagerWorks was acquired by IGT in 2005 and ceased to operate as an independent company. Consequently, there are no executive hires or exits attributable to WagerWorks in the last 12 months. Any such news would pertain to IGT, the parent company.

What Technology (Tech Stack) Is Used byWagerWorks?

Discover the tools WagerWorks uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

WagerWorks Email Formats and Examples

As WagerWorks was integrated into IGT in 2005, any original WagerWorks email domains (e.g., @wagerworks.com) are no longer in active use for company communications. Contact regarding former WagerWorks products or legacy systems would be through IGT's official communication channels.

N/A (Historical; company domain no longer active for WagerWorks)

Format

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Example

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Success rate

What's the Latest News About WagerWorks?

IGT Press Release (disseminated through business news wires) • August 2, 2005

IGT Completes Acquisition of WagerWorks

International Game Technology (IGT) announced it had completed its acquisition of WagerWorks Inc., a leading provider of online gaming software and games. The acquisition, valued at approximately $90 million at the time, was intended to significantly enhance IGT's position in the interactive gaming market by integrating WagerWorks' technology and game portfolio....more

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