Aruze Gaming America
Aruze Gaming America, Inc. Announces Plan for Financial Restructuring
Restructuring to commence via Chapter 11 bankruptcy filing
Aruze Gaming (Aruze), a leading developer of gambling entertainment solutions for the global casino market, announced it has filed a voluntary petition under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the State of Nevada.
This action is a part of Aruze’s efforts to seek financial restructuring in the wake of a recent garnishment judgment against Aruze resulting from a separate judgment against Aruze’s shareholder. Aruze intends to continue operating normally and utilize Chapter 11 protections to provide for an orderly consideration of the relative rights of Aruze’s creditors, customers, and employees.
“This filing was a critical business strategy we were forced to make due to external factors outside our control. We fully understand the implications associated with this action, but we believe this is the best way for Aruze to maintain the overall health of our business,” said Global CEO Yugo Kinoshita. “This restructuring has no reflection on the health of Aruze. We’re proud of the advances we have made to establish Aruze as a casino mainstay. We are highly confident this action will protect our brand, our legacy and our suite of games. As we progress through this process, we are assured that Aruze will emerge as an even stronger company.”
Aruze Gaming America
Play Synergy Announces Pending Acquisition of Aruze Gaming America’s Slot Machine Operations
Empire Technological Group Limited dba Play Synergy, a leading innovator in the gaming industry, has announced the pending acquisition of Aruze Gaming America’s (Aruze) slot operations including land-based assets and online gaming.
While this transaction remains subject to court and regulatory approvals, Play Synergy is confident that it will close within the next 30 days. Once completed, the addition of these assets and associated personnel will significantly enhance Play Synergy’s presence in the gaming industry.
With this strategic move, Play Synergy will assume control over, and responsibility for, the related sales, service, support, and operations of Aruze’s slot route and operations.
Frank Feng, President of Play Synergy, said: “Aruze, Play Synergy, and all other stakeholders in the process have worked exceptionally well together to provide the vast majority of Aruze team members with new employment opportunities. This along with interest from others in the industry has had the result of minimizing the disruption to those impacted and their families.”
2023 IGA
Aruze Introduces Gong Gong Lai Fu Titles to US Market with ActivPlay™, Video Slots and Suite of ETGs to IGA 2023
Aruze Gaming America (Aruze), a leading developer of gambling entertainment solutions for the global casino market, today announced the US release of Gong Gong Lai Fu at the 2023 IGA show. Gong Gong Lai Fu has two title options, Mighty Buddha and Caishen Riches, exclusive to Aruze’s top performing cabinet the Muso Curve 55.
Aruze has spent its history innovating the classics without discarding classic offerings. Casinos need to continually offer a portfolio of games that draw on familiarity while also offering a new experience, leveraging new technologies to create active gameplay and new play styles. Aruze demonstrates this by continuing to introduce new and exciting video slots, like Gong Gong Lai Fu, and ETGs, in addition to its now industry-famous Activ-Play “No industry can survive without innovating, and that includes casinos. Imagine a casino without ETGs or even video slots; it might be hard to fathom, but that was once a reality,” said Global CEO of Aruze Gaming, Yugo Kinoshita. “Innovation is tricky, and we recognize that. Casinos that lean too far into innovation risk abandoning their original audience, and casinos who focus on tradition over any innovation risk falling into obscurity. That’s why we create the best of both worlds; new innovative games like Go Go Claw, and iterations of classics, like Shoot to Win Craps and high performing slots on our exceptional family of cabinets. We believe players deserve the best that casinos can offer, and we are dedicated to equipping casinos with whatever they need to deliver that.”
Key products for sale on the IGA floor:
Aruze Gaming
Aruze Gaming Appoints Kurt Hansen as VP of iGaming
Aruze Gaming America (AGA) has appointed Kurt Hansen as its new Vice President of iGaming. His responsibilities will include building and strengthening the company’s iGaming products. He will oversee all the company’s iGaming operations as its new VP.
Prior to his role with AGA, Hansen served as the Head of Digital at GameCo. He also worked in online gaming platform management at Aristocrat and GAN.
“I’m thrilled to be joining the Aruze team, there is so much room for innovation in gaming, specifically online gaming, and I’m excited to build off of Aruze’s current momentum and bring their innovative products to the iGaming space,” Kurt Hansen said.
“iGaming is an important market opportunity for Aruze. Kurt’s experience throughout the gaming industry will be instrumental in building our iGaming department. Kurt will be a major asset as we explore and advance our online gaming presence,” Rob Ziems, president at Aruze Gaming, said.
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