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PCG Entertainment to acquire Asian gaming software provider

13th February 2015 7:36 am GMT

London-listed poker and lottery provider PCG Entertainment (PCGE) has entered into an option agreement to acquire Center Point Development Corp (CPDC), an Asian-facing distributor of online gaming software, for a total consideration of up to US$20m.

CPDC is wholly owned and controlled by Kolarmy Technology and distributes online gaming software in Japan, China and other countries in south east Asia.

It also has an agreement with Ken More Venture, operating as Total E-games, to resell its [...]

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