Gambling in the USA

TCSJOHNHUXLEY Enters into Asset Purchase Agreement with GPI

Published

5 years ago

November 22, 2019

Niji Narayan

TCSJOHNHUXLEY Concludes Acquisition of Midwest Game Supply Inc.

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Live table game developer TCSJOHNHUXLEY has entered into an asset purchase agreement with Gaming Partners International (GPI) that will see TCSJOHNHUXLEY acquire all operating assets related to GPI’s casino furniture, layouts and accessories businesses in the North American market.

This transaction is expected to strengthen TCSJOHNHUXLEY’s market leadership in this area, while allowing GPI to focus on its core competence in casino security equipment, such as playing cards, currency and dice.

The transition began on November 20, and subject to closing conditions, the deal is expected to close by the end of the year, or in January 2020.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.