Intercard confident of success in Latin America
Debit card system specialist Intercard is expecting its casino gaming business to become its most important over the next few years.
Speaking to InterGame at ELA 2012, the company’s CEO, Scott Sherrod, said: “It is definitely getting there. The momentum is building up. A lot of governments are choosing to go with card systems as a way to track what is owed by operators in tax, the latest of these being Peru last year.”
He described the Mexican market as “its own unique entity,” adding: “It stands on its own for many reasons, but it is still a very big market.”
Photo-Me International has enjoyed a rise in pre-tax profits despite revenues being down through the strength of sterling against the euro and the yen.
As many as 1,300 Ladbrokes betting shops may have to be sold off if the monopolies regulators are to give the go-ahead for the possible £3.5bn merger of the company with Gala Coral’s betting business.
The strength of the Australian dollar made sales of amusement machines more difficult in 2014.
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