Scientific Games finalises acquisition of DEQ Systems
Scientific Games has completed its previously-announced acquisition of DEQ Systems Corp.
In a statement confirming the finalised deal, Scientific Games said DEQ, which provides games and solutions to casinos around the world, will complement its own product portfolio for casinos.
Scientific Games added that the transaction will be accretive to its earnings and operating cash flow.
The original deal stated that Scientific Games would acquire all DEQ issued and outstanding common shares for C$0.38 (€0.27/US$0.29) per share.
Derik Mooberry, group chief executive of gaming at Scientific Games, said: “DEQ’s table product portfolio, presently established in more than 300 casinos worldwide, expands the depth and breadth of our proprietary table games offering and table progressive systems solutions for casino operators.
“The addition of DEQ's player-favourite and high-performing library of table games, table progressives, and random bonusing systems, including ‘EZ Baccarat’ and ‘Progressive Pai Gow Poker’, will enhance our recurring revenue base and add even more depth and breadth to our ‘Shuffle Master’ portfolio of games and table solutions.”
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