Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Wangotango67on Jul 20, 2016 12:29am
65 Views
Post# 25067571

Sounds comparable to me. -

Sounds comparable to me. - ARTICLE CAPTION
This past Tuesday, Las Vegas-based Golden Entertainment acquired a small slot machine route operator for $20 million. The company purchased manages 1,000 slot machines in taverns, bars and convenience stores.

TO COMPARE:
If PYD was ever bought out - what would they sell ? 

Slots machines
paid floor lease space in various casinos (similar to route)
And current contract terms with remaining year/months 

Reading the above article caption above - I feel is comparable. Both companies have slots - their routes are establishments whether casino or restaurants - bars and stores - contract arrangements are shared revenues and or as per contractual agreements between each party.  In essence - a gaming business was sold with slot machines for $20,000,000.00

yes, comparable when each are route orientated - meaning - set up in several establishments. 

Cheers !






<< Previous
Bullboard Posts
Next >>