Penn National Gaming, USA gambling group announced the completion of their second social bingo development company acquisition, Absolute Games, Las Vegas land-based bingo establishment.
Neither Penn nor Absolute Games disclosed the final amount of the deal, but confirmed the deal is complete. A spokesperson confirmed this week that the group will integrate the bingo product with its interactive ventures division.
“Tying our innovative gaming expertise to a traditional casino operator with a qualified database of customers will create unmatched opportunities for both Absolute Games and Penn National,” said Absolute Games CEO Pokin Yeung.
Yeung also stated that the acquisition deal is an opportunity for the company to leverage its nationwide reach and expertise with its capabilities to bring Absolute Game’s to the next level with developments.
Penn National purchased Rocket Games, Inc two years ago for $60 million. They integrated the bingo platform into their Interactive Ventures division as well as some online and mobile free slot game products. Penn National Gaming has a big impact on several different social gaming networks with their bingo products, slots, and other social interactive services. They are one of the top leading gaming companies in the USA.