Global table games developer TCSJOHNHUXLEY has entered into an asset purchase agreement with Gaming Partners International (GPI) that will see TCSJOHNHUXLEY acquire all operating assets related to GPI’s casino furniture, layouts and accessories businesses in the North American market.
According to a press release issued overnight, the transaction is expected to “strengthen TCSJOHNHUXLEY’s market leadership in this area”, while allowing GPI to focus on its core competence in casino security equipment, such as playing cards, currency and dice.
The deal is expected to close no later than January 2020.
The sale of GPI’s casino furniture, layouts and accessories businesses follows the company’s acquisition by Japanese playing card giant Angel Holdings Godo Kaishain in May.