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About LinkBacksLas Vegas-based table game and gambling equipment vendor Shuffle Master Gaming announced yesterday it agreed to acquire Ongame Network, a European-based provider of online poker products, for almost $28.5 million.
Shuffle Master said in a statement that the acquisition will allow the company to expand its online product offerings in regulated online gaming markets.
From the GPWA:
"Poker is a natural fit for our table-centric online offerings and our many jurisdictional licenses present a compelling opportunity for our current and future online customers," Shuffle Master Chief Executive Officer Gavin Isaacs said in a statement. "Our acquisition of Ongame will allow Shuffle Master to offer a scalable, proven and secure solution for online poker."
Shuffle Master becomes the latest gaming equipment provider to enter the online gaming market through an acquisition, following slot machine makers International Game Technology and Bally Technologies.
Those moves have been viewed as preparation for future federal legalization of online poker.
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6 March 2012, 10:43 am #1
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Shuffle Master acquires Ongame Network
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6 March 2012, 1:10 pm #2
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Congrats to Ongame, they were the talk of the show here yesterday.
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