Tag Archives: Multimedia Games
US – Everi votes to remove President and CEO Ram Chary
Everi Holdings, the gaming entity to be formed by the merger of Global Cash Access and Multimedia Games, has replaced its CEO with a long-time board member whilst it looks for a permanent replacement is found. Current Director, Michael Rumbolz, will take on the role of Interim President and Chief Executive Officer. The Board has formed…
US – Global Cash Access re-branding to Everi
Having successfully integrated the Multimedia Games brand, Global Cash Access Holdings, will now change to Everi Holdings Inc. effective August 24, 2015. The organisation-wide rebranding, together with the Company’s new logo and new corporate name, reflect the Company’s successful transition to a full-service casino gaming equipment and payment solutions provider focusing on a broad range…
US – Growing GCA to leverage revenue from Multimedia buy out
Global Cash Access will use the recently bought Multimedia Games to improve on its growth in 2014, which saw revenue grow by eight per cent to US$152.1m for the year. The acquisition of Multimedia Games in December saw GCA’s operating income drop from $11.2m in 2013 to just $400,000 by the end of 2014. Ram…
US – Global Cash Access to acquire Multimedia Games
Global Cash Access Holdings and Multimedia Games Holding have entered into a merger agreement whereby GCA has agreed to acquire all the outstanding common stock of Multimedia Games for $36.50per share, for an aggregate purchase price of approximately $1.2bn in cash. The transaction has been unanimously approved by the boards of directors of the two…
US – Multimedia Games to buy PokerTek
Multimedia Games is to buy PokerTek at a price of US$1.35 per share in cash with the deal expected to close in by the end of 2014. Mark Roberson, PokerTek’s Chief Executive Officer, said:”Combining with Multimedia Games provides our shareholders with the opportunity to receive a healthy premium for their shares and is an ideal…
