Interblock has acquired electronic table games (ETGs) from Aruze Gaming America as it continues to liquidate its US assets.
Interblock said that the strategic acquisition was a significant step in its ongoing growth strategy.
Aruze will add more than 700 new employees by integrating the EGT line of products into their portfolio.
Interblock said that more details will be released as the closing date approaches. Kirkland & Ellis LLP represents the company in this transaction.
John Connelly, Interblock’s chief executive officer said: “The Aruze purchase creates an important portfolio of innovative synergies that we plan to introduce to the market by the end of the calendar year.” Aruze Gaming gives us a level of diversification that we believe will help accelerate our vision for Interblock to become synonymous with table gaming technology.
This acquisition will allow us to provide a wider range of innovative, high-quality gaming solutions for our partners, both in a traditional offering and an online one.
Aruze Slots are no longer available at Aruze
Play Synergy acquired Aruze’s online and land-based slot businesses earlier in the week. This deal should close within the next thirty days.
Aruze declared bankruptcy in February. Yugo Kinoshita, CEO of Aruze, blamed this move on a “recent garnishment judgement against Aruze that resulted from a separate court judgment against Aruze shareholder”.
Also, the supplier will close its Las Vegas branch. This means that around 100 positions are being lost.
