Aristocrat scores jackpot in pokies deal

Original article by Andrew White
The Australian – Page: 21 : 8-Jul-14

Australian-listed poker machines maker Aristocrat Leisure has acquired US company Video Gaming Technologies for $A1.3 billion. The purchase is being funded by an equity raising and debt, with $A375 million of shares offered to institutions at $A5.12 and $US1.3 billion raised via loans in the US. Aristocrat CEO Jamie Odell said on 7 July 2014 that the program of acquiring digital gaming companies will be continued

CORPORATES
ARISTOCRAT LEISURE LIMITED – ASX ALL, VIDEO GAMING TECHNOLOGIES INCORPORATED, OPTIONSXPRESS AUSTRALIA PTY LTD, BALLY ENTERTAINMENT CORPORATION, SHUFFLE MASTER AUSTRALIA PTY LTD, SCIENTIFIC GAMES CORPORATION, WMS GAMING INCORPORATED

Tatts wins over Tabcorp

Original article by Lucille Keen, Scott Parker
The Australian Financial Review – Page: 3 : 27-Jun-14

Gaming company Tatts has succeeded in its claim for compensation from the Victorian Government. Tatts and Tabcorp had taken legal action over the loss of gaming licences. On 26 June 2014, the Supreme Court of Victoria found that Tatts was entitled to $A451 million in compensation plus interest. However, Tabcorp’s claim for compensation of $A687 million was dismissed

CORPORATES
TATTS GROUP LIMITED – ASX TTS, TABCORP HOLDINGS LIMITED – ASX TAH, SUPREME COURT OF VICTORIA, VICTORIA. DEPT OF TREASURY AND FINANCE, CIMB SECURITIES INTERNATIONAL (AUSTRALIA) PTY LTD