Tag Archives: Acquisition
US – Scientific completes DEQ purchase
Scientific Games has completed its acquisition of DEQ Systems, an acquisition that complements Scientific Games’ innovative and expansive product porfolio for casinos, which includes a large library of proprietary table games, table progressives, electronic table systems and utility products for the casino pit. Derik Mooberry, Scientific Games’ Group Chief Executive of Gaming, said, “DEQ’s table…
Austria – Progress made on Novomatic’s purchase of Ainsworth shares
Novomatic has obtained minority shareholders’ approval for the acquisition of approximately 53 per cent of the ordinary shares in Ainsworth Game Technology held by Len Ainsworth with several head of terms signed. AGT Chief Executive Officer, Danny Gladstone, said: “Our respective game design departments continue to work hard on the exchange of game assets to…
US – Isle of Capri to sell Lady Luck
Isle of Capri Casinos has entered into a definitive agreement to sell Lady Luck Casino Marquette to an affiliate of Casino Queen, based in Swansea, Illinois. Under the terms of the agreement, CQ Holdings Company, Inc. will purchase Lady Luck Casino Marquette for cash consideration of approximately $40m subject to a customary working capital adjustment….
US – Boyd completes Aliante purchase
Boyd Gaming has completed its acquisition of ALST Casino Holdco, LLC, the holding company of Aliante Casino Hotel and Spa. Aliante is Boyd Gaming’s first casino property in North Las Vegas, Nev., and its 10th property in the Las Vegas Valley. The Company now owns and operates 22 casino properties in Nevada, Illinois, Indiana, Iowa,…
US – Eldorado Resorts to buy Isle of Capri Casinos for $1.7bn
In a huge deal for the North American locals casino market, Eldorado Resorts is to buy Isle of Capri Casinos for $1.7bn. The deal will add 13 casino–resorts to Eldorado’s portfolio, for a total of 20 properties in 10 states. After completion of the transaction and the sale of Isle of Capri Casino Hotel Lake Charles,…
US – Scientific Games to buy DEQ Systems
Scientific Games is buying table progressive specialist DEQ Systems, including all of DEQ’s issued and outstanding common shares for a cash payment of CAD$0.38 per share. The transaction is expected to close in the fourth quarter of 2016 or the first quarter of 2017, subject to approval by DEQ’s shareholders. DEQ generated revenue of CAD$9.5m…
Australia – Tabcorp splashes the cash on Intecq
Tabcorp is to spend A$128m on buying Intecq, a technology solutions company that supplies gaming management systems and monitoring services to over 1,200 licensed venues, covering more than 70,000 electronic gaming machines in Australia. Tabcorp Chief Executive David Attenborough said: “The acquisition of Intecq presents an exciting opportunity for Tabcorp to strengthen our our Tabcorp…
UK – Rank and 888 team up for punt at William Hill
Rank Group, operators of Grosvenor Casinos and Mecca Bingo has joined forces with online operator 888 Holdings, forming a consortium that aims to buy British bookmaker William Hill. The deal between Rank and 888 would create a £2bn gambling group with reports they could pay up to £3bn for William Hill. The three way deal…
Malta – IBID takes control of Pragmatic Play
IBID Group, an investment firm focused on buying and investing in internet companies with high growth potential, has bought Pragmatic Play Ltd., a B2B provider of digital casino games. Pragmatic Play is one of the fastest growing providers of mobile and desktop digital casino games for the online gaming industry. It develops unique in-house content…
