Tag Archive : Gauselmann

Gauselmann Group shuts 700 gaming establishments in Europe

Gauselmann Group has announced it has shut all production and sales activity throughout Europe, due to the coronavirus outbreak.

The German supplier has closed all 700 of its gaming establishments in the country and across Europe, which will impact its Lübbecke base.

Earlier this month, Gauselmann had confirmed that base would become its global sales headquarters.

The announcement comes following measures introduced by the German Government to close all non-essential shops to curb the effects of the coronavirus, which has caused nearly 20,000 deaths worldwide.

Despite this, Gauselmann’s worldwide departments will remain open to continue product development on a part-time basis.

The supplier also said it will use its financial reserves to support the business during the outbreak, with it yet being known how long restrictions will remain in place.

Gauselmann Group CEO and Founder Paul Gauselmann said: “As a family business, we are happy our employees stand by us not only in the past but also in the future.

“I am sure once this crisis is overcome, there will be an even better future for all of us.”

Gauselmann Group secures majority stake in Bede Gaming

Gauselmann Group has acquired a majority stake in software supplier Bede Gaming.

The deal, described by German supplier Gauselmann as a “significant majority stake,” further expands its digital presence ahead of re-regulation of the German online market from 2021.

The acquisition will also allow Gauselmann to gain a foothold in the North American lottery market, with Bede Gaming a partner to the Ontario Lottery and Gaming Corporation.

Bede Gaming, headquartered in Newcastle, England, will continue to operate as an independent business within Gauselmann, while the management will still hold a stake in the company.

Gauselmann Group Founder and CEO Paul Gauselmann said: “Bede’s technological expertise is very impressive and its highly complex solutions are first choice for league gaming companies not only in the UK, but around the world.

“This acquisition will allow us to significantly broaden the existing technology base within the Group and at the same time enable us to offer it to our customers and partners.”

Bede Gaming Chairman Joe Saumarez-Smith added: “Gauselmann’s long-term prospects and financial strength will allow us to further enhance our range of products and services to existing customers, as well as win new business partners.”