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Online Casino Deal Gets Progressively Longer
Progressive Gaming, the leading international supplier of integrated casino and jackpot management system solutions, has announced that it has extended the period to complete that sale of its table games division to Shuffle Master to September 17.
The company’s exclusivity agreement with automatic card shuffler supplier Shuffle Master has been moved from the original deadline of September 7 to complete the final stages of legal documentation.
The gaming company will use the proceeds of the sale to settle up debt and for working capital purposes after it reported a $4.9 million net loss for the period ending June 30, 2007.
Progressive gaming offers a wide range of products and services including gambling solutions in wired, wireless and mobile formats to over 1,000 casinos worldwide.
source: OnlineCasinoNews |
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