GGRAsia – Industry Talk

GPI pays US$19.75 mln for Gemaco’s parent

Jul 02, 2014 Newsdesk Industry Talk, Latest News, Top of the deck, World

Gaming Partners International Corp (GPI), a provider of casino currency and table game products, announced it has completed the acquisition of GemGroup Inc and subsidiaries. The company is paying...

GTech approves share buyback plan

Jul 01, 2014 Newsdesk Industry Talk, Latest News, Top of the deck, World

Milan-listed GTech SpA on Monday said it would undertake a share repurchase programme to fulfil management stock incentive plans. The company’s board approved the buyback of up to 1,782,426 of its...

Junket firm Iao Kun applies for dual listing in HK

Jun 27, 2014 Newsdesk Industry Talk, Latest News, Macau

Macau junket room promoter Iao Kun Group Holding Co Ltd has made a formal application to list in Hong Kong, it said in a press statement issued in New York. As GGRAsia reported on Thursday, the...

IGT suitors counted on one hand: Union Gaming

Jun 27, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

Suitors interested in buying Nevada-based casino equipment company International Game Technology (IGT) are likely to need to write a cheque for close to US$2 billion, suggests a note from Robert...

Intralot, New Hampshire Lottery ink contract extension

Jun 26, 2014 Newsdesk Industry Talk, Latest News, World

Intralot Inc, the U.S.-based unit of Greek gaming supplier Intralot SA, has signed a four-year contract extension with the New Hampshire Lottery Commission. The contract will now be valid until June...

First electronic gaming hall opens on Saipan

Jun 26, 2014 Newsdesk Industry Talk, Latest News, World

Saipan’s first electronic gaming facility has had its soft opening. Club C, at Kanoa Resort (pictured) in Chalan Kanoa, launched six months after the Commonwealth of the Northern Mariana Islands, a...

Aristocrat confirms in talks with VGT

Jun 26, 2014 Newsdesk Industry Talk, Latest News, Top of the deck, World

Australian gaming equipment maker Aristocrat Leisure Ltd has confirmed it is in “advanced discussions” about acquiring United States-based Video Gaming Technologies Inc. Separately, at the Nevada...

Junket investor Iao Kun still chasing HK listing

Jun 26, 2014 Newsdesk Industry Talk, Latest News, Macau

Macau VIP room promoter Iao Kun Group Holding Co Ltd is reducing its financial dependence on two founding executives in order to pursue a dual listing in Hong Kong. Lam Man Pou, a veteran of Macau...

GTech to develop new gaming platform

Jun 23, 2014 Newsdesk Industry Talk, Latest News

GTech Canada ULC is leading a consortium to develop a “multi-channel content application platform”. GTech Canada is a subsidiary of GTech SpA, a leading commercial lottery operator and provider...

Bally out of race for IGT: analyst

Jun 17, 2014 Newsdesk Industry Talk, Latest News, Top of the deck

An analyst has discarded Bally Technologies Inc (BYI) as a potential bidder for gaming supplier International Game Technology (IGT), as talks of a possible sale intensify. IGT on Monday confirmed...