Strategic acquisition expands Gaming Arts’ customer reach, product portfolio
LAS VEGAS, July 11, 2018 /PRNewswire/ — Gaming Arts, LLC (“Gaming Arts” or “the Company”) today announced that it acquired the assets of Las Vegas Bingo Supply, Inc. (“Las Vegas Bingo Supply”), a privately held Las Vegas-based supplier of bingo equipment, paper, and daubers. Terms were not disclosed.
Under the agreement, Gaming Arts acquired all the assets of Las Vegas Bingo Supply, including its product inventory, equipment, and customer relationships. As part of the deal, Gaming Arts will also assume Las Vegas Bingo Supply’s role as an authorized Nevada distributor for Arrow International, Inc. (“Arrow”), the world’s largest manufacturer of charitable and social gaming solutions, giving Gaming Arts more opportunities to expand its customer reach.
Gaming Arts Chief Executive Officer and Founder David Colvin said, “This asset acquisition enables us to better serve our existing customers, as well as build our customer base throughout the state of Nevada as the foremost supplier of bingo and keno technology, solutions, and supplies. As the exclusive distributor for Arrow, we will also be able to meet the needs of our existing customers more effectively as the edge-to-edge supplier of everything related to bingo and keno. This is another milestone in our Company’s growth.”
Arrow International, Inc. stated, “We are excited that with its acquisition of the Las Vegas Bingo Supply assets, Gaming Arts now joins us as our authorized Nevada distributor. David Colvin and his experienced team have the relationships and business savvy to dramatically increase our market penetration in Nevada. We look forward to a long and successful partnership with Gaming Arts.”
Las Vegas Bingo Supply, Inc. was established in 2003 and incorporated in Nevada.
About Gaming Arts
Gaming Arts, LLC, a privately owned and operated business headquartered in Las Vegas, Nevada, is the world leader in bingo and keno games and technology and is now entering the electronic gaming machine market with some of the world’s most innovative slot games. Gaming Arts holds gaming licenses in approximately 80 jurisdictions, and its games and systems are installed in hundreds of casinos and bingo halls across the United States, the Pacific Rim, and South Africa. To learn more, visit http://www.gamingarts.com or call 702.818.8943.