GPI announces the acquisition of Gemgroup
Gregory Gronau, GPIC's President and CEO, commented "We are very pleased to acquire the Gemaco brand of products along with their manufacturing expertise. We look forward to partnering with them to strengthen and expand our casino offerings. This acquisition strengthens our card manufacturing capabilities and increases our US market share in both playing cards and table layouts, two important sources of recurring revenue. Further, it expands our product offerings in the growing Asia-Pacific region as Gemaco has a strong market presence in the layout business there. Consolidated revenues for GPIC have the potential to grow by over 30% as a result of the acquisition."
Kaye Summers, President and CEO of GemGroup, said "We are pleased to be joining forces with Gaming Partners International. This transaction will be mutually beneficial for our customers and employees given both companies’ strong brand recognition in casino products. Moreover, GPIC has committed to continue operations in the Greater Kansas City area."
Wilton Rancheria breaks ground on Sky River hotel resort development
Putin approves creation of Russia's sixth gambling zone in the Altai region
Louisiana lawmakers move forward with illegal gambling penalties and sweepstakes restrictions
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
CT Interactive expands portfolio, boosts Bulgaria presence in April
William Hill owner Evoke to close 270 shops as losses widen on tax hit
Flows secures Pennsylvania Gaming Control Board authorisation
Sportsbook integration: Deploying betting widgets at scale
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Racing and Sports partners with Altenar to enhance global racing offering
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
