Australian-based pokie developer Aristocrat continues to expand in the gaming world. Over the course of the past few years, the company has worked hard to improve its offering of games, bonuses and jackpots in both online and land-based markets. Now, the company is pushing things one step further by acquiring Paltronics, a software provider for gaming machines and table games.
Paltronics was founded in 1992, creating LED displays for table games and slot machines. After becoming a leader in its field, Paltronics ventured into manufacturing jackpot controllers in 2000. Since then, the company has developed new technology to improve jackpot systems and displays.
Previously Aristocrat and Paltronics were already engaged in a business relationship, as Aristocrat Oasis 360 games put the innovative technology to use in North America. Now, Aristocrat cabinets across Australia, Asia and Europe will offer the same benefits to players.
“The acquisition of these assets will help Aristocrat further strengthen our outstanding Oasis 360 offering to our valued partners,” says Rich Schneider, Aristocrat’s chief product officer. “It creates an even more fully rounded system with the best technologies combined with the best service of any system”. Aristocrat continues to expand in markets around the world.
We have seen the company take great strides to becoming leader in the American gambling world, building on its existing success in clubs, pubs and casinos across Australia. As international politicians begin to consider changing their gaming regulations to allow more freedom, forward-thinking manufacturers like Aristocrat will continue to thrive.
“This is a compelling acquisition that will deliver significant value across key strategic segments, particularly our leading U.S. casino systems business and in the fast-growing linked progressive and jackpot markets,” says Jamie Odell, CEO of Aristocrat.
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