Kobetron LLC, a developer and provider of gaming verification tools to the gaming industry, has acquired Gaming Informatics LLC.
Kobetron announced on Wednesday “the acquisition of assets of Gaming Informatics, which includes the IRIS software suite”. The latter is said to allow casinos and regulators to track the inventory of electronic gaming equipment throughout a casino property, whether the equipment is on the floor or offline.
No financial details of the acquisition were disclosed.
As part of the deal, Grant Stousland, president and chief executive of Gaming Informatics, will remain in “a strategic leadership and business development role with Kobetron overseeing the ongoing sales, support and product development of the Gaming Informatics line of products,” Kobetron stated in a release.
Gaming Informatics will maintain an office presence in Madison, Wisconsin, in the United States, where the firm is currently based. Kobetron is based in Wheat Ridge, Colorado, also in the U.S.
Kobetron is owned by the co-founders of gaming equipment testing specialist Gaming Laboratories International LLC (GLI), James Maida and Paul Magno, who acquired the business in 2014. In the same year, GLI and Kobetron entered into a strategic global support relationship, with Kobetron establishing GLI as its worldwide sales and customer technical support provider.
Kobetron released last year a new signature verification tool, called Verify+, developed in collaboration with GLI.
Apr 19, 2021Australian casino operator Crown Resorts Ltd said on Monday it had received a circa AUD3.0-billion (US$2.31-billion) proposal by private equity firm Oaktree Capital Management LP to buy the...
Apr 16, 2021
Apr 16, 2021
Macau’s total VIP gross gaming revenue in the first quarter of 2021