Century Gaming Technologies Acquires Grand Vision Gaming, Creating Powerful Advantage In Distributed Gaming Landscape
LAS VEGAS, May 23, 2017 /PRNewswire/ -- Century Gaming Technologies (Century), a distributed gaming operator with the largest gaming route in Montana and second largest in Nevada, announces today the acquisition of Grand Vision Gaming (GVG), a leading software developer and manufacturer of gaming devices. The acquisition creates a compelling advantage for the prominent gaming operator.
GVG's custom software development will enhance the product content offerings on all gaming machines in Nevada manufactured by Century for its distributed gaming route, as well as Nevada customers outside of Century's route. This changes the landscape of the traditional gaming operator allowing them an entry to pivot to a new customer base.
GVG currently has over 6,000 video gaming machines installed in Montana, South Dakota, Louisiana and most recently, West Virginia. "GVG's current success in jurisdictions where Century does not have a distributed gaming route will be further enhanced by Century's experience in the route industry," stated Steve Arntzen, CEO and president of Century. "This acquisition is a game changer for us. GVG allows us the ability to offer custom and truly proprietary game content for video gaming machines to our distributed gaming route customers – something we have always wanted to capitalize on."
From the inception of GVG, the core goal has been to capture the lead in bottom-line profitability in its respective marketplaces. Backed by Century's route size – boasting over 7,000 devices company-wide – coupled with over fifty years of industry expertise packs a powerful advantage over competitors in both the distributed route and the video lottery terminal (VLT) manufacturing sectors across the U.S.
"The combination of these two companies packs a one-two punch, giving current and new customers a better assortment of offerings from one united establishment," stated Arntzen. "We expect this to be a knockout."
About Century Gaming Technologies:
Century has a 58-plus year history in gaming, and currently services over 800 customers throughout Nevada and Montana, including many leading bars/taverns, convenience store groups, and small casinos. Through the installation of state-of-the-art technologies, Century continues to lead the way in player-centric gaming innovation. For additional information, please visit www.centurygamingtechnologies.com.
About Grand Vision Gaming:
Grand Vision Gaming (GVG), LLC designs and manufactures Class III video gaming machines for licensed operators in legalized gaming jurisdictions within the United States. Established in 2008, GVG boasts a development team responsible for creating revolutionary gaming products that employ state-of-the-art technology, highly interactive and imaginary game themes and proprietary cabinetry. The founding principals of GVG have combined industry experience of nearly 100 years, with extensive experience in the manufacture and operation of gaming devices throughout the Montana and Nevada markets, as well as the licensed jurisdictions of South Dakota, Louisiana, West Virginia and Native American properties. For additional information, visit www.grandvisiongaming.com.
SOURCE Century Gaming Technologies
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