SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

FORM T-1

 

STATEMENT OF ELIGIBILITY

UNDER THE TRUST INDENTURE ACT OF 1939 OF A

CORPORATION DESIGNATED TO ACT AS TRUSTEE

 

 

x CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b) (2)

 

WELLS FARGO BANK, NATIONAL ASSOCIATION

(Exact name of trustee as specified in its charter)

 

 

 

Wells Fargo & Company
Law Department, Trust Section

MAC N9305-175

Sixth Street and Marquette Avenue, 17th Floor

Minneapolis, Minnesota 55479

(612) 667-4608

(Name, address and telephone number of agent for service)

 

 

INTERNATIONAL GAME TECHNOLOGY

(Exact name of obligor as specified in its charter)

 

 

 

 

SENIOR NOTES DUE 2020

(Title of the indenture securities)

 

 

 

Item 1.    General Information.  Furnish the following information as to the trustee:

 

(a)           Name and address of each examining or supervising authority to which it is subject.

 

Comptroller of the Currency

Treasury Department

Washington, D.C.

 

Federal Deposit Insurance Corporation

Washington, D.C.

 

Federal Reserve Bank of San Francisco

San Francisco, California 94120

 

(b)           Whether it is authorized to exercise corporate trust powers.

 

The trustee is authorized to exercise corporate trust powers.

 

Item 2.    Affiliations with Obligor.  If the obligor is an affiliate of the trustee, describe each such affiliation.

 

None with respect to the trustee.

 

No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.

 

Item 15.  Foreign Trustee.                   Not applicable.

 

Item 16.  List of Exhibits.                    List below all exhibits filed as a part of this Statement of Eligibility.

 

Exhibit 1.                A copy of the Articles of Association of the trustee now in effect.*

 

Exhibit 2.                A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**

 

Exhibit 3.                See Exhibit 2

 

Exhibit 4.                Copy of By-laws of the trustee as now in effect.***

 

Exhibit 5.                Not applicable.

 

Exhibit 6.                The consent of the trustee required by Section 321(b) of the Act.

 

Exhibit 7.                A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.

 

Exhibit 8.                Not applicable.

 

Exhibit 9.                Not applicable.

 

*      Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.

 

 

**   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.

 

 

*** Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.

 

 

SIGNATURE

 

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Los Angeles and State of California on the 7th day of June 2010.

 

 

	WELLS FARGO BANK, NATIONAL ASSOCIATION
	/s/ Maddy Hall
	Maddy Hall
	Vice President

 

 

EXHIBIT 6

 

June 7, 2010

 

Securities and Exchange Commission

Washington, D.C.  20549

 

Gentlemen:

 

In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.

 

 

	Very truly yours,
	WELLS FARGO BANK, NATIONAL ASSOCIATION
	/s/ Maddy Hall
	Maddy Hall
	Vice President

 

 

EXHIBIT 7

 

Consolidated Report of Condition of

 

Wells Fargo Bank National Association

of 101 North Phillips Avenue, Sioux Falls, SD 57104

And Foreign and Domestic Subsidiaries,

at the close of business March 31, 2010, filed in accordance with 12 U.S.C. §161 for National Banks.

 

				Dollar Amounts
				In Millions
ASSETS
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin				$	16,410
Interest-bearing balances				44,873
Securities:
Held-to-maturity securities				0
Available-for-sale securities				140,265
Federal funds sold and securities purchased under agreements to resell:
Federal funds sold in domestic offices				1,091
Securities purchased under agreements to resell				3,199
Loans and lease financing receivables:
Loans and leases held for sale				25,990
Loans and leases, net of unearned income		706,137
LESS: Allowance for loan and lease losses		21,371
Loans and leases, net of unearned income and allowance				684,766
Trading Assets				29,567
Premises and fixed assets (including capitalized leases)				8,244
Other real estate owned				3,758
Investments in unconsolidated subsidiaries and associated companies				536
Direct and indirect investments in real estate ventures				121
Intangible assets
Goodwill				21,238
Other intangible assets				28,750
Other assets				57,082
Total assets				$	1,065,890
LIABILITIES
Deposits:
In domestic offices				$	718,242
Noninterest-bearing		150,608
Interest-bearing		567,634
In foreign offices, Edge and Agreement subsidiaries, and IBFs				85,329
Noninterest-bearing		1,397
Interest-bearing		83,932
Federal funds purchased and securities sold under agreements to repurchase:
Federal funds purchased in domestic offices				5,562
Securities sold under agreements to repurchase				14,003

 

 

		Dollar Amounts
		In Millions
Trading liabilities		10,396
Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)		55,783
Subordinated notes and debentures		21,583
Other liabilities		28,269
Total liabilities		$	939,167
EQUITY CAPITAL
Perpetual preferred stock and related surplus		0
Common stock		520
Surplus (exclude all surplus related to preferred stock)		98,967
Retained earnings		21,137
Accumulated other comprehensive income		4,440
Other equity capital components		0
Total bank equity capital		125,064
Noncontrolling (minority) interests in consolidated subsidiaries		1,659
Total equity capital		126,723
Total liabilities, and equity capital		$	1,065,890

 

I, Howard I. Atkins, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.

 

Howard I. Atkins

EVP & CFO

 

We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.

 

John Stumpf	Directors
Carrie Tolstedt
Michael Loughlin