Bico Inc has signed a letter of intent to acquire Vegas Wireless Entertainment, which creates and distributes mobile gambling software products. The terms of the sale weren’t disclosed.
“With this acquisition BICO will be poised to take advantage of the rapidly emerging market of mobile online gaming products which will allow a global audience, regardless of service provider or handset manufacturer, to download and play a wide variety of popular casino style games, as well as participate in mobile lotteries and sports betting. These games currently include Poker, Blackjack, Roulette and Slots. Vegas Wireless Entertainment has created a gaming solution which seamlessly embeds a payment processing solution to facilitate real time game play and wagering.”
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