Noticias de ultima
  • 12.00 Sportradar appoints Behshad Behzadi as CTO and CAIO
  • 12.00 The MGC Releases Casino and Sports Wagering Revenue Report for March 2024
  • 12.00 EGT Digital to reveal a captivating product display at FIJMA 2024
  • 12.00 Bill for concession or permission for public lottery service approved in Brazil
  • 12.00 Gaming CEOs Optimistic on Industry Outlook, according to AGA report
  • 12.00 Playstar Casino partners with Fast Track to accelerate growth in US market
  • 12.00 Europe is progressing swiftly towards complete multi-licensing for online gambling
  • 12.00 Anbima reports Online betting surpasses stock market investments in Brazil
  • 12.00 5,000 delegates set to join SBC Summit North America next week
  • 12.00 Gaming Overview in Peru at GAT Expo: challenges and opportunities in times of change
Gaming

Win Systems completes landmark financing, raises $125M of committed capital

Tuesday 15 de October 2019 / 13:50

2 minutos de lectura

(New York).- Win Systems, a leading technology supplier for the gaming, lottery and entertainment industry, has successfully completed a $125 million credit facility with Fortress Credit Corp. (Fortress) and Goldman Sachs Specialty Lending Group, L.P. (Goldman Sachs). The transaction closed on Oct. 10, 2019.

Win Systems completes landmark financing, raises $125M of committed capital

Win Systems has an extensive track record of offering best-in-class information management systems, recognized throughout the world for providing superior real-time control, stability and reliability for land-based casinos, lotteries, and route operations.  WIGOS™, the most powerful and reliable casino management system, has been installed in more than 340 casinos around the world connecting more than 95,000 game positions.  Within Win Systems` gaming division, the premium GOLD CLUB™ electronic roulette machines are recognized for their compact design and performance.  With its attractive range of GAMESTAR™ slot machines, the Company’s new exciting games and jackpots are also boosting the player gaming experience worldwide.


Dario Zutel, Executive Chairman of Win Systems, commented:  “I am incredibly proud to be working with Fortress and Goldman Sachs for the next phase of our growth.  We are aggressively looking to expand our global footprint organically and through M&A, and this transaction will allow us to significantly accelerate our growth strategy.”


Eric Benchimol, CEO of Win Systems, added:  “With the recent expansion of our Lottery business and our successful entrance into the US market, our company is very well positioned for future growth.  The new financing package will provide us with sufficient capacity to pursue our growth ambitions”.


Adam Rosenberg, Global Head of Gaming & Leisure at Fortress Investment Group, commented on the transaction: “Win Systems has a very strong leadership team standing behind the Company’s impressive portfolio of products and services.  We have been in dialog with Dario and Eric for many years and are pleased to have the opportunity to support their continued growth plans with this investment.”


Alex Harris, Vice President, Goldman Sachs Merchant Banking Division, added:” Goldman Sachs is excited to have partnered with Fortress to provide a transformational cross-border credit facility to Win Systems to support their growth throughout Latin America and other jurisdictions. The transaction represents an important investment for the group, and we look forward to seeing the company expand its presence in Mexico, Central and South America, and other new markets over the coming years.”


“It has been a pleasure working with the Win Systems team and helping them raise capital from some of the world’s largest and most sophisticated investors.  This transaction reflects another example of our ongoing commitment to work with fast growing technology companies operating on a global scale.” said Nedim Music, Managing Partner of Olympia Capital Partners Europe B.V.


Win Systems` growth strategy is focused on entering new markets in addition to widening its range of products by taking the players’ needs into consideration for new product development.  Its vision to offer solutions ahead of market demand is helping make the Company a leading global provider in the industry.


Once again,this year at G2E, Win Systems will show its high-end new products and services that enable the Company to position itself as a top-tier provider of solutions for casinos of all sizes and locations.  The Company strives to maintain close proximity to its clients and their needs, and uses state-of-art technologies to optimize the player experience.


Olympia Capital Partners was the lead financial advisor to the Company, in conjunction with the international law firm Greenberg Traurig LLP and several other law firms.

Categoría:Gaming

Tags: Win Systems,

País: United States

Event

GAT EXPO CARTAGENA DE INDIAS 2024

09 de April 2024

Gaming Overview in Peru at GAT Expo: challenges and opportunities in times of change

(Cartagena de Indias, SoloAzar Exclusive) - "Gaming market in Peru, physical casinos and the impact of online gaming regulation" was the main topic of the Peru Panel, during the Conferences organised at the GAT EXPO, held in Colombia, on 9, 10 and 11 April. In this session, experts in regulation, operations and compliance explored the trajectory of the gaming industry in that country, analysing its transformation over time.

Thursday 02 May 2024 / 12:00

AI: The new ace in the hole for the games of chance industry

(Cartagena, Exclusive SoloAzar).- One of the conferences held within the recent GAT EXPO, brings to the table a topic that is on everyone's lips: Artificial Intelligence (AI). This year, the panel entitled “Artificial Intelligence in the Entertainment Industry” was held with the presence of prominent experts from Latin America.

Tuesday 30 Apr 2024 / 12:00

Why to invest in Paraguay?

(Cartagena de Indias, Exclusive SoloAzar) - During the conferences organised at the GAT EXPO 2024 fair, Dr. Carlos Augusto Liseras Osorio, president of the National Gaming Commission, (CONAJZAR, in its original) asked this tacit question, to highlight the advantages and benefits of investing in the Republic of Paraguay, and also notifying the audience about the upcoming tenders for 7 land-based casinos in that country.

Monday 29 Apr 2024 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO