OFT inspection into Novomatic deal takes longer than expected
When Coin-op Community broke the story that Novomatic had purchased the UK’s largest operator Gamestec, plus Bell-Fruit Games, RLMS and Mazooma back in February, industry sources predicted that the OFT inspection would take a couple of months to complete.
However, four months later we can reveal that the Office of Fair Trading is still investigating the impact of this deal on the UK coin-operated machine business. Several manufacturers have been contacted in the last week by officers from the government body and asked to give their views on how this large operating and manufacturing group will affect the rest of the sector. “We were given to believe that the deal was all but signed off by the OFT, but when we got a phone call this week we could only conclude that the process is still ongoing,” said a source.
- 24 JulGambling Business Group announce Priority IssuesStrategic body, the Gambling Business Group, (GBG) has contacted Jeremy Wright QC congratulating him on his appointment as Secretary of State for Digital, Culture, Media and Sport (DCMS) and identifying a list of priority issues impacting the development of the industry as a socially responsible provider of gambling entertainment.
- 24 JulBacta to voice members’ outrage over B2 delay at Treasury meetingA senior delegation of Bacta figures comprising National President Gabi Stergides, Vice President James Miller and Chief Executive John White, will meet with officials from The Treasury next week to convey the industry’s outrage over the proposed delay in implementing the £2 stake on FOBTs and to outline the case for reducing MGD on SWP machines from 20% to 5%. The meeting will be held on Wednesday 25th July at The Treasury.
- 11 JulSUZOHAPP appoints Mike SigonaSUZOHAPP is pleased to announce that, effective July 2nd, Mike Sigona assumed the role of Global Gaming Product Manager and Business Development Manager for Europe.