Post by
Wangotango67 on Jul 20, 2016 12:29am
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 !