Gaming solutions provider Scientific Games and online casino games and solutions firm Bally Technologies have announced the early termination of the waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act of 1976.
Earlier this month, Scientific Games agreed to acquire Bally in a deal worth $5.1 billion (€3.8 billion), which will be financed with debt and cash on hand.
Termination of the HSR waiting period will satisfy one of the conditions required by the completion of the transaction.
The deal still remains subject to approval by Bally stockholders, receipt of various gaming regulatory approvals and other customary conditions.
Meanwhile, Scientific Games has also announced the appointment of Deron Hunsberger as senior vice-president, North America sales at WMS Gaming.
In his new role, Hunsberger will lead sales, participation and leasing, sales support and marketing for WMS Gaming throughout the US and Canada.
Hunsberger and his team will focus on developing the WMS sales and marketing strategies in order to meet the needs of customers.
“I know Deron well and his deep understanding of the gaming industry and his commitment to creating revenue opportunities for customers will bring us closer to that goal,” Scientific Games president and chief executive officer Gavin Isaacs said.
Prior to joining the firm, Hunsberger held a number of roles in the industry with the likes of SHFL Entertainment, Aristocrat Technologies and Konami Gaming.
Hunsberger added: “At the end of the day, success is driven by quality products and content; WMS Gaming has an impressive product portfolio that consistently generates revenue, and we plan to maximise that value for our customers, players, and the company.”
source : www.igamingbusiness.com