CGTV GAMES LTD ACQUIRES GFED GAMES LTD
DUBLIN, IRELAND, January 17th, 2007CGTV Games Ltd (Ireland) today announced that it has acquired the
International (non-U.S.) assets of GFED Games, one of the world’s leading
providers of online casino games software and support services.
CGTV Games will use this technology and intellectual property assets
acquired from GFED Games to provide kiosk based and online casino operators
with the latest casino games, in multiple languages, in multiple currencies,
through multiple electronic delivery platforms, in Europe, Asia and South
America.
CGTV Games is leading the interactive entertainment industry by offering
state of the art casino software, services, and game solutions which are
designed to help casino operators achieve their maximum potential
internationally. CGTV Games offers casino and gaming products that are
localized and supported in 14 languages, with several currencies in nearly
200 countries or territories throughout Europe, Asia, Africa, Central and
South America. The CGTV Games Casino Software is available in downloadable,
and non-downloadable flash versions, with 100 games and growing.
Key personnel from GFED Games will be joining CGTV Games and will form a
part of its international team and growth strategy. Other terms of the
acquisition were not announced.
The Board of Directors of CGTV Games immediately took the decision to
withdraw its support for online casino operators in the US market.
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