Shuffle Master announces acquisition of Fire Bet from HopBetJanuary 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.
The legalization of wide open sports betting is close to the moment when it will spill over Nevada’s state borders and spread across other states. That’s the thinking of Florida sports attorney Daniel Wallach who has been following New Jersey’s so far unsuccessful efforts to open sportsbooks and the explosive evolution of fantasy wagering.