On Friday 20th January, it was confirmed that Scientific Games had completed the acquisition of DEQ Systems Corp.
An SG press statement explained how DEQ will complement its own extensive casinos portfolio.
Like its new owner, DEQ provides games and solutions to casinos the world over.
Full details of SG-DEQ deal expected soon
The press statement didn’t give full details of the deal. However, it did confirm that the transaction will be accretive to its earnings and operating cash flow.
When the deal was originally announced on Thursday 1st September, it was thought that Scientific Games would acquire all DEQ shares for $0.38 per share. Updated figures have yet to be made public
Scientific Games CD welcomes new situation
As SG group chief executive of gaming, Derik Mooberry was understandably enthusiastic.
“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,” exclaimed Mr Mooberry.
“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.”
