Over the last few years, gaming company Amaya has turned to an acquisition-heavy business model. The Canadian-based company snatched up a series of smaller land-based and online slot machine makers before taking a huge gamble on the purchase of PokerStars owner, Rational Group, in 2014. According to recent reports, Amaya Gaming is now steering in … [Read more…]
Investing in slot machine makers is risky business these days. A perceptibly saturated global market has caused many of the major gambling device manufacturers around the world to falter on the stock market, but capitalizing on the right companies could still be worth big bucks. Knowing who and when to buy is, of course, the … [Read more…]
For nearly two decades, Delaware has maintained a strict policy on its casinos that restricted them to maintaining slots within their respective establishments. There are currently three casinos operating in the state, but the revenue results haven’t been too inspiring lately. Gov. Markell’s administration came up with a plan to bail out casinos by allowing … [Read more…]
In this biggest gambling related acquisition since Amaya Gaming took over PokerStars owner Rational Group earlier this year, it’s been confirmed that Nevada regulators gave Scientific Games the nod to buy out mega slot machine maker Bally Technologies for $5.1 billion. The acquisition gives Scientific Games the most diversified portfolio of products in the global … [Read more…]
The Vancouver Sun received an anonymous tip recently that one of the British Columbia Lottery Corporation’s (BCLC) slot machines had mistakenly awarded a prize of $100,000. The slot in question was originally designed to build a progressive jackpot that could not exceed $1,000. When questioned about the near year-old occurrence, the BCLC confirmed the story, … [Read more…]
Last November, slot machine maker PPT LLC, (d/b/a High 5 Games) filed a lawsuit against its rival, Gimme Games, alleging that the defendant’s CEO, Daniel Marks, used a trade secret algorithm to create slot machines. Gimme Games requested the case be dismissed due to an expired patent that disclosed the trade secret, but U.S. District … [Read more…]
For shareholders, buying and selling at the right time is the key to a successful business strategy. For Canadian-based gambling software giant Amaya Gaming, the shareholders are the beating heart of the company, and keeping them happy can be the difference between a long and profitable relationship, or a quick and painful demise. Amaya has … [Read more…]
For generations, the slots have been a huge draw for older gambling crowds, especially the 50-60 year old range. With casino revenues slumping across the boards, many slot machine makers have decided to venture into new territory in hopes of attracting younger players to the reels. As such, the newest slots coming off the belt … [Read more…]
In the online casino realm, slot machine makers are often defined by the quantity and quality of their games. In that regard, Real Time Gaming (RTG) has earned a stellar reputation throughout the real money internet gaming world, having spent more than 15 years developing some of the most exciting, interactive video slots on the … [Read more…]