Shuffle Master plans new headquarters in Las Vegas

Shuffle Master's current headquarters comprise four separate building leases that house executive and corporate departments, manufacturing, warehouses, an interactive division and a products showroom.

"This is a very exciting time of growth for Shuffle Master and we are clearly 'on the move' – literally and figuratively," said CEO Gavin Isaacs. "When we first moved into our current location nearly 15 years ago, the company generated $27 million in annual revenues and had just two product lines. Fast-forward to today, Shuffle Master generates close to 10 times those annual revenues and offers 5 diverse product categories to customers around the globe.  Given our significant evolution over the years, a new consolidated facility will serve to promote greater efficiencies in the business and allow us to create the right infrastructure for future growth."  

Construction is scheduled to begin this summer and to be completed in fall 2013. A groundbreaking ceremony is scheduled for September.

"Our new offices are being designed to create a more productive and collaborative work environment, so that we can use our new building to maximize the potential of our employees.  We also believe that by building our new global headquarters in the valley, we are continuing to build on the momentum of having Las Vegas be the industry's 'intellectual hub' of international gaming operations; we are very excited that many of our key initiatives for our domestic and international operations will continue to come out of Las Vegas," continued Isaacs.  "It is also a great time to invest in Las Vegas, given our favorable cost of money and the current real estate prices."