Canada

Maverick Gaming to Acquire the Shares of Great American Gaming Corporation

Published

6 years ago

April 29, 2019

Niji Narayan

Maverick Gaming to Acquire the Shares of Great American Gaming Corporation

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Great Canadian Gaming Corporation, the Canadian company that operates gaming, entertainment and hospitality facilities, is going to sell the shares of Great American Gaming Corporation to Maverick Gaming LLC for US$56. The purchase and sale of Great American is subject to the consent of Washington State Gambling Commission regulatory approvals and customary closing conditions.

“The sale of Great American will allow Great Canadian to focus on its core growth markets as we continue to execute on our operational and development plans for 2019 and beyond. The divestiture is in line with the Company’s stated strategic goals and demonstrates our commitment to exploring opportunities to create shareholder value,” Rod Baker, the Company’s Chief Executive Officer said.

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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.