• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

GPI pays US$19.75 mln for Gemaco’s parent

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


GPI pays US$19.75 mln for Gemaco’s parent

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 US$19.75 million for GemGroup, through a combination of cash and bank financing, GPI said in a statement on Tuesday.

“We are pleased to announce the successful completion of our acquisition of GemGroup and its well-known Gemaco-branded gaming products,” Gregory Gronau, GPI’s chief executive, said in the statement.

Gemaco Inc, based in Missouri, in the United States, is a manufacturer of playing cards, casino chips and table layouts. The company also provides casino equipment to some Macau operators.

The acquisition is expected to help boost GPI’s market share in the playing cards and table layouts segments and expand product offerings in the Asia Pacific region.

“In addition to adding their playing card and table layout products to our domestic product portfolio and increasing our U.S. market share for both segments of recurring revenue, this acquisition expands our manufacturing capabilities in North America while adding recurring layout sales and related services to our Asia Pacific offerings,” Mr Gronau said.


  • tweet
Related articles
  • May AGEM Index rises 1.4pct on Aristocrat, Konami strength
    May AGEM Index rises 1.4pct on...

    Jun 10, 2019  

  • GPI-Angel merger to be concluded on May 1: GPI
    GPI-Angel merger to be concluded on May...

    Apr 22, 2019  

More news
  • Return of tours good for mass floor traffic: observers
    Return of tours good for mass floor...

    Feb 03, 2023  

  • S.Korea casino op GKL’s January sales up 230pct y-o-y
    S.Korea casino op GKL’s January...

    Feb 03, 2023  


Latest News

Return of tours good for mass floor traffic: observers

Return of tours good for mass floor traffic: observers

Feb 03, 2023  

The imminent return of package tours from mainland China will not only help boost Macau’s tourism businesses, but is also expected to help casinos gain more foot traffic in their mass gaming...
Read More
S.Korea casino op GKL’s January sales up 230pct y-o-y

S.Korea casino op GKL’s January sales up 230pct y-o-y

Feb 03, 2023  

Aristocrat completes acquisition of Roxor Gaming

Aristocrat completes acquisition of Roxor Gaming

Feb 03, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are confident that the Philippine gaming sector will be able to fully recover, or even surpass its pre-pandemic earnings soon”

Alejandro Tengco

Chairman and chief executive of Pagcor



Most Popular

  • Jaw-dropping wagers in Macau CNY survey: CitigroupJaw-dropping wagers in Macau CNY survey: Citigroup February 2, 2023
  • Mainland tour groups to Macau to resume Feb 6: govtMainland tour groups to Macau to resume Feb 6: govt February 3, 2023
  • Return of tours good for mass floor traffic: observersReturn of tours good for mass floor traffic: observers February 3, 2023
  • Aruze Gaming America opts financial rejig after legal matterAruze Gaming America opts financial rejig after legal matter February 2, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us