DEQ Casino Gambling Content Acquired by Scientific Games

Published Thursday, September 01, 2016 - Online-Casinos.com
DEQ Casino Gambling Content Acquired by Scientific Games

Scientific Games recently announced that the firm will be one of the first licensed online content providers in Romania, starting July 1, 2016. The proposed expansion is part of the company’s strategy to obtain rapid approval in all newly regulated jurisdictions and the move reflects the quality and strength of SG Interactive in market development, compliance, legal and finance around the world.

Scientific Games provides many products from advanced-technology manufacturing and operational facilities in North America, South America, Europe and Asia, with additional facilities located in the U.S. and around the globe based on customer requirements. Scientific Games Corporation is considered a leading developer of technology-based products and services and content for the gaming, lottery and interactive markets.

The strategy for Scientific Games continues to play out with the acquisition of DEQ Systems Corp. which is one of the market leaders in Table Games, Progressive Systems, Proprietary Table Games content and Utility solutions. DEQ's systems and games are installed in over 300 casinos, in 30 countries around the planet.  Scientific Games has agreed to acquire all of DEQ's issued and outstanding common shares for a cash payment of CAD $0.38 per share.  The transaction is expected to be completed in the fourth quarter of 2016 or early in 2017, and is subject to approval by DEQ's shareholders, receipt of gaming approvals in certain jurisdictions, and the usual closing conditions.

Joseph Bertolone DEQ Systems President and Chief Executive Officer commented, “We believe that this is a very good transaction for our company. We look forward to working closely with the Scientific Games team to ensure a smooth transition and continued innovation for gaming operators and their players around the world. I am incredibly proud of the entire team at DEQ for all that we have achieved.”

Roger Snow, Scientific Games Senior Vice President of Table & Utility Products said, “The DEQ team has grown a fantastic business focused on providing revenue-generating and entertaining solutions for casino operators around the world.”

 

 

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