Author: 204378

Aruze Gaming America, Inc. Announces Plan for Financial Restructuring

 Restructuring to commence via Chapter 11 bankruptcy filing

LAS VEGAS—FEB. 1, 2023—Aruze Gaming (Aruze), a leading developer of gambling entertainment solutions for the global casino market, today announced it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the State of Nevada.

This action is a part of Aruze’s efforts to seek financial restructuring in the wake of a recent garnishment judgment against Aruze resulting from a separate judgment against Aruze’s shareholder.  Aruze intends to continue operating normally and utilize Chapter 11 protections to provide for an orderly consideration of the relative rights of Aruze’s creditors, customers, and employees.

“This filing was a critical business strategy we were forced to make due to external factors outside our control. We fully understand the implications associated with this action, but we believe this is the best way for Aruze to maintain the overall health of our business,” said Global CEO Yugo Kinoshita. “This restructuring has no reflection on the health of Aruze. We’re proud of the advances we have made to establish Aruze as a casino mainstay. We are highly confident this action will protect our brand, our legacy and our suite of games. As we progress through this process, we are assured that Aruze will emerge as an even stronger company.”

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 About Aruze Gaming

 Aruze Gaming is a leading global entertainment company that designs, develops, and manufactures high-quality, inventive, and engaging gambling entertainment solutions for the global casino market. Utilizing the latest technologies and designs, executed specifically with the player in mind, Aruze delivers on the promises of fun, innovation, and quality. Aruze’s hybrid-style table games provide innovative takes on traditional favorites, such as Roll to Win Craps®. Founded in 1983, Aruze is committed to providing exceptional service, high-performing slot themes and gambling solutions for its customers and partners. Operating in nearly 40 countries, the company is licensed in more than 200 gaming jurisdictions. For further information, visit the company’s website at www.aruzeglobal.com.

Cailey Henderson

104 West Partners for Aruze Gaming

Aruze@104west.com

Aruze Gaming Launches Slot Titles Online via BetMGM, Expanding iGaming Presence in New Jersey

BetMGM now offers four Aruze slot titles online. Aruze’s complete game library to follow in 2023

LAS VEGAS — January 12, 2023 — Aruze Gaming America, Inc., a leading developer of gambling entertainment solutions for the global casino market, today announced the launch of four Aruze slot titles on BetMGM, a leading iGaming and sports betting operator. By making its titles available at BetMGM online casino in New Jersey, Aruze is bringing casino fun to players’ fingertips.

To kick off the new relationship, four of Aruze’s classic video slot titles are now live to play in New Jersey on BetMGM: Ultra Stack Showgirls, Ultra Stack Lion, 8 Wealthy Lions and Wolf 500g.

“Going into 2023, expanding our iGaming presence is a priority for Aruze,” said Kurt Hansen, vice president of iGaming at Aruze. “Transporting the fun of our award-winning games from the casino floor to the virtual world is an important development allowing players to play anytime, any place. By expanding our suite of products beyond the casino floor, we can cultivate an entire new audience of Aruze fans who may not have a casino immediately accessible. BetMGM is a trusted and beloved operator, and we’re thrilled to be working with them to bring our titles to their players.”

As the iGaming market continues to expand, so too will Aruze’s catalog of available titles for players to enjoy which feature instant winnings at home, or on the go, pending jurisdictions. As a part of its iGaming go-to-market strategy, Aruze will also be releasing its remaining titles on BetMGM throughout 2023. With fan-favorite Activ-PlayTM titles such as Rock Paper Scissors Instant Win providing a hands-on slot gaming experience, Aruze’s iGaming titles will focus on delivering on Aruze’s promises of fun, innovation and quality.

 About Aruze Gaming America

Aruze Gaming America is a leading global entertainment company that designs, develops, and manufactures high-quality, inventive, and engaging gambling entertainment solutions for the global casino market. Utilizing the latest technologies and designs, executed specifically with the player in mind, Aruze delivers on the promises of fun, innovation, and quality. Aruze’s hybrid-style table games provide innovative takes on traditional favorites, such as Roll to Win Craps® and Go Go Claw®. Founded in 1983, Aruze is committed to providing exceptional service, high-performing slot themes and gambling solutions for its customers and partners. Operating in nearly 40 countries, the company is licensed in more than 200 gaming jurisdictions. For further information, visit the company’s website at www.aruzeglobal.com.

About BetMGM

BetMGM is a market-leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM’s U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain’s US-licensed, state of the art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.

Statements in this release that are not historical facts are “forward-looking” statements and “safe harbor statements” within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in MGM Resorts’ public filings with the SEC. Forward-looking statements are based on management’s current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding the benefits of the partnership. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which MGM Resorts operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts’ Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

 

Media Contact:

Quinn Trask/Cailey Henderson

104 West Partners for Aruze Gaming aruze@104west.com

Aruze Gaming America and Play Synergy Announce Strategic Partnership

Exclusive agreement expands Aruze’s jurisdictional reach and grows Play Synergy’s suite of offerings

LAS VEGAS—(October 27, 2022)—Today, Aruze Gaming America, leading supplier of Activ-Play™ games and ETGs, and Play Synergy, an Empire-Akkadian company, announced an exclusive licensing agreement. This agreement approves Aruze’s suite of titles for use in Class II and Historical Horse Racing (HHR) across all North American jurisdictions on Play Synergy’s Speed and Hyper Speed Cabinets.

The agreement grants each company access to unique market opportunities not available independently. Play Synergy can now expand its suite of offerings with Aruze’s unique and popular gaming-gambling line. Similarly, Aruze is now able to expand its brand into new markets. Aruze and Play Synergy will be able to tackle market expansion by joining together as two independent companies with one goal: bring more types of games to more types of players.

Aruze will now expand its top performing titles into previously unreached jurisdictions. Aruze provides a unique gambling experience in addition to its suite of traditional video slots and ETGs. As the inventor of Activ-Play™ technology, demonstrated through popular titles such as Rock Paper Scissors Instant Win and the award-winning Go Go Claw, encourages players to participate actively in their gambling experience. It’s the fun of an arcade with the excitement of the casino.

Play Synergy is a leading supplier of table game technology and video slot machines. The company is known for its unique innovations to table games, bringing new and lively experiences to casino floors. Play Synergy has expanded its product line of table games and accessories with a portfolio of compelling live-play games that can immediately refresh the table game pits in casinos everywhere. While table games is the foundation of the company, Play Synergy has been very successful with its unique line of award winning video reel spinning slots and cabinets with placements throughout North American casinos.

“This partnership not only brings two leading companies together, but it also brings our best and most exciting titles to new markets across North America,” said Rob Ziems, President of Aruze Gaming America. “Our partnership with Play Synergy has made expanding into Class II and HHR an obvious choice for us to bring our award-winning fun to even more gamers and gamblers.”

“Class II and HHR are all about content,” said Frank Feng, President of Play Synergy. “By expanding our partnership with Aruze, we gain immediate access to an extensive library of popular game themes as well as a library of themes that have not yet reached Class II and HHR.”

ABOUT PLAY SYNERGY:

Play Synergy is a single source manufacturer and distributor for exceptional casino games including Class III and Class II slot machines, Table Games and innovative table game technology – helping maximize player satisfaction and gaming revenue. Play Synergy holds over 84 gaming licenses in North America. For further information, visit Play Synergy’s website at  www.play-synergy.com

ABOUT ARUZE GAMING AMERICA

Aruze Gaming America is a leading global entertainment company that designs, develops, and manufactures high-quality, inventive, and engaging gambling entertainment solutions for the global casino market. Utilizing the latest technologies and designs, executed specifically with the player in mind, Aruze delivers on the promises of fun, innovation, and quality. Aruze’s hybrid-style table games provide innovative takes on traditional favorites, such as Roll to Win Craps. Founded in 1983, Aruze is committed to providing exceptional service, high-performing slot themes and gambling solutions for its customers and partners. Operating in nearly 40 countries, the company is licensed in more than 200 gaming jurisdictions. For further information, visit the company’s website at www.aruzeglobal.com.

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Aruze Media Contact:

Cailey Henderson

104 West for Aruze

aruze@104west.com

 

Play Synergy Media Contact:

Ms. Jaime Johnson

7175 West Post Rd.

Las Vegas, NV 89113

DIRECT LINE: (702) 781-8080