Konami Buys U.S. Casino Firm

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Konami Co. said Monday it has bought a full stake in U.S. casino management system developer Paradigm Gaming Systems Inc. for $12 million through its wholly owned subsidiary.

The acquisition is a key component of Las Vegas-based Konami Gaming Inc.'s strategic product offering and growth plans for the casino industry, Konami said in a release. Konami Gaming manufactures and sells game equipment for casinos in Nevada.

SOURCE: Kyodo News / Paradigm Gaming.

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