DR Gaming Technology and Grand Parade Investments have established DRGT Africa following the purchase of distributor Simplicit-e Gaming Solutions.
DR Gaming Technology and JSE-listed investment holding company Grand Parade Investments, have acquired Africa-based distributor Simplicit-e Gaming Solutions, repositioning the firm as DRGT Africa.
“We have enjoyed significant success over the last five years in Europe and Africa, as well as in Latin America, and the Caribbean, where over the last 10 months, in addition to our regional office in Lima, we have opened a further three offices in Mexico, Paraguay and Uruguay,” said DRGT’s CEO, Jurgen De Munck. “At the same time, we were also looking to invest directly in Africa. Simplicit-e Gaming Solutions, our existing African distributor, presented the perfect opportunity to do just that.”
Meanwhile, with GPI’s shareholding in both GrandWest Casino in Cape Town and Golden Valley Casino in Worcestor, as well as its stake in national Limited Payout Machine (LPM) operator SunSlots, a further investment in the gaming sector made perfect sense, specifically considering DRGT’s systems and jackpot bias. “We see this venture as a vertical integration of our gaming assets, and look forward to leveraging our new systems investment across our existing gaming operations portfolio,” said GPI executive chairman, Hassen Adams.
With the expansion of the South African and broader African gaming market, particularly in the electronic bingo sector, DRGT has established itself as the systems service provider of choice through its relationships with the Gold Rush Group, Millionaire’s Gaming Africa and Caesars Entertainment’s Emerald Resort and Casino, not to mention the significant South African success its Duma, Sun Striker and Lion’s Share wide-area progressive jackpots across Sun International’s properties.
As the supplier of arguably the world’s largest number of possible jackpot configurations, including mystery and linked progressive jackpots, the extension of the company’s slots jackpot success to tables was a logical progression.
Over the last 24 months, DRGT has developed, tested, and had approved what has now become the most profitable tables jackpot game on the African continent.
BlackJack11’s is a fast, simple and easy to learn side-bet game that is presently performing exceptionally well across both the Sun International and Peermont Casino Group properties, in addition to other venues across the globe including the Hippodrome in the UK, Grand Kaz in the Seychelles, and casinos in Mexico, Belgium, and Cyprus.
“For all intents and purposes, Simplicit-e will continue to operate as is, but as DRGT Africa,” noted Charl Geyser, the founder and MD of Simplicit-e Gaming Solutions. “We will continue to service all of our clients as before, and look forward to leveraging our new relationship with DRGT and GPI; building on what we have already created, whilst leveraging GPI’s continental relationships, and the amazing ‘player first’ products DRGT continues to develop.”
De Munck added that given DRGT’s long-standing relationship with Simplicit-e, the acquisition “made perfect sense” for both companies.
“[Charl’s] been our African distributor for almost a decade …our investment and global presence will assist what was Simplicit-e Gaming to now grow at an even faster rate; both he and Hassen have amazing associations and networks across particularly the African and Australasian continents, and that aligns perfectly to our global strategy.”
The transaction remains subject to all relevant local Gambling Board approvals.