Century Gaming Technologies acquires Grand Vision Gaming
May 23, 2017
Century Gaming Technologies (Century), a distributed gaming operator with the largest gaming route in Montana and second largest in Nevada, announced May 23 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."