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Gaming Co. Suffering From Takeover Rumor. 2005-09-13
A gaming and lottery technology company reported that it has received word that someone wants to take them over, and they believe this is not a partnered company. Due to this, they are examining the company’s strategies. They are looking this all over with the assistance of their financial advisor.
In case of purchase, the feeling is it will be small. While the company seems to want to announce a new lottery or gaming contract starting now for nearly every month following. This may be their way of trying to save the company. In May, the company signed a deal to supply machines to Harrah’s casinos. The deal was a partnership, as well as gave creative control for creating new games.
(By Andrea)