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Industry Article

Shuffle Master announces acquisition of Fire Bet from HopBet

January 16, 2012 8:30 PM by Ray Poirier

Shuffle Master, Inc., has announced that it has acquired Fire Bet, a craps side bet, from HopBet Inc. No financial information relative to the acquisition price was given.

The propriety side bet has some 330 installations in the U.S., the company reported.

"This is truly one of the elite products in table games," said Roger Snow, executive vice president of Shuffle Master.

"You can count on one hand the number of side bets that have ever demonstrated the popularity and longevity that Fire Bet has. This acquisition is a continuation of our strategy to build our intellectual property portfolio," he said.

 

Casino Industry

Nevada casinos’ baccarat heading downwardTHE ANALYST

Nevada casinos’ baccarat heading downward

Let’s start with Nevada’s numbers, for the month of February the NGCB has reported overall gaming revenues were down a touch over 1%. The decrease was basically driven by a decrease in Baccarat revenue of over $37 million, which given the Chinese/Lunar New Year fell squarely in February was very disappointing.

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