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STRATACACHE Ups the Stakes for the Gaming Industry with the Acquisition of Carmanah Signs
New acquisition solidifies STRATACACHE as major player in gaming
Dayton, OH, November 12, 2013—STRATACACHE, a leading provider of scalable, high-performance digital signage, content distribution and enterprise video acceleration technologies, today announced its acquisition of the premier vendor in lottery and casino signage—Carmanah Signs.
The acquisition of Carmanah Signs significantly expands STRATACACHE’s presence in the gaming industry. By purchasing Carmanah Signs, STRATACACHE aims to accelerate digital signage adoption in the marketplace by combining both companies’ respective strengths to further enhance innovation and product features in the gaming industry.
Based in Calgary, Canada, Carmanah Signs is the leader in the gaming signage industry, delivering over 100,000 jackpot digital signs worldwide. Selling primarily to the lottery and casino segments, Carmanah Signs actively markets to the United States, Canada, Europe, Latin America, South Africa, along with parts of Asia.
With lottery as its largest market, Carmanah Signs specializes in window and counter-top digital jackpot signs while also providing Table Limit Signs within the casino sector.
“The acquisition of Carmanah Signs complements our growing digital signage product portfolio,” said Chris Riegel, STRATACACHE CEO. “The new division allows STRATACACHE to further grow our business in the gaming marketplace and leverages an outstanding team at Carmanah.”
Riegel continued, “The gaming experience and partnerships that Carmanah Signs brings to the table in combination with our industry leading digital media offerings opens the door to a significant market opportunity in gaming"
Carmanah Signs will continue to operate under the direction of CEO, Cameron Waldie, and the company’s current management team will remain in place.
“The Carmanah team is very excited about expanding our digital sign offerings to global lottery and casino customers,” said Cameron Waldie. “The gaming industry has its own unique signage needs and applications, and we look forward to serving those needs with the combined strengths of STRATACACHE and Carmanah.”
For additional details regarding the acquisition, email email@example.com.
STRATACACHE is a privately-held provider of digital media solutions designed to help retailers and brands connect with consumers along the shopping journey. From digital signage to interactive media to in-store mobile engagement, STRATACACHE's solutions captivate, engage, and activate shoppers.
For more information, please visit www.stratacache.com, follow us on Twitter @STRATACACHE or “Like” us on our Facebook page.
TEXAS LOTTERY COMMISSION’S EXECUTIVE DIRECTOR NAMED NASPL PRESIDENT
North American Association of State and Provincial Lotteries
(AUSTIN) – The North American Association of State and Provincial Lotteries (NASPL) has elected Gary Grief as president of the organization at the 2013 NASPL Annual Conference and Trade Show in Providence, Rhode Island. Grief is the executive director of the Texas Lottery Commission.
“I am pleased to have Gary Grief serve as the new NASPL president,” said David Gale, executive director of NASPL. “His experience, integrity and dedication to our industry will be an asset to our organization and I look forward to working with him.”
Founded in 1971, NASPL has evolved from an informal exchange of information among three pioneering lottery directors, to an organization that has grown into an active association representing 52 lottery organizations. Although the Association's membership and services have grown tremendously over the years, its basic mission remains the same as when it was founded more than 40 years ago -- to assemble and disseminate information and benefits of state and provincial lottery organizations through education and communications.
"I want to congratulate Gary Grief on being elected president of NASPL," said J. Winston Krause, chairman of the Texas Lottery Commission. "Gary’s many industry recognitions confirm what we know about him in Texas—his knowledge, experience and leadership are unparalleled and he is an integral part of the continued success of the Texas Lottery."
Grief was appointed executive director of the Texas Lottery Commission in March 2010. As executive director, he oversees a $4.4 billion enterprise tasked with generating revenue for public education and other worthy causes for the state of Texas. Under Grief’s direction, the Texas Lottery has seen record sales and revenue and contributed more than $15 billion to the state’s Foundation School Fund, which supports public education in Texas.
With 20 years in the industry, Grief has been a key part of the success of the Texas Lottery Commission since its inception. He was appointed in 1991 by the Texas Comptroller of Public Accounts to the original eight-member Lottery Task Force assigned to research and launch the Texas Lottery.
Grief has served over the years in a number of responsible management positions at the Commission and in 2002 received the "Powers Award" for Performance Excellence in Lottery Operations by the North American Association of State and Provincial Lotteries (NASPL). Also in 2002, Grief was appointed by the Commission to serve the first of what would be three separate terms as acting executive director. He served in this capacity from September 2002 to February 2003, from July 2005 to January 2006, and from October 2008 to February 2010. Between and after these appointments, Grief served as deputy executive director until his official appointment as executive director in 2010.
Grief is the immediate past Lead Director for the Mega Millions multi-state game consortium. In 2012, he was honored with the PGRI Major Peter J. O’Connell Lottery Industry Lifetime Achievement Award.
A native Texan, Grief is a graduate of the University of Texas at the Permian Basin where he earned a bachelor’s degree in business administration.
About the Texas Lottery
Beginning with the first ticket sold in 1992, the Texas Lottery has generated $21 billion in revenue for the state and distributed $41 billion in prizes to lottery players. Since 1997, the Texas Lottery has contributed $15 billion to the Foundation School Fund, which supports public education in Texas. As authorized by the Texas Legislature, certain Texas Lottery revenues benefit state programs including the Fund for Veterans’ Assistance.
The Texas Lottery provides several entertaining games for lottery players including Powerball®, Mega Millions®, Lotto Texas®, All or Nothing™, Texas Two Step®, Pick 3™, Daily 4™, Cash Five® and scratch-offs. For more information visit us on Facebook, Twitter, YouTube or at www.txlottery.org.
November 4, 2011
David Gale, Executive Director
North American Association of State and Provincial Lotteries (NASPL) Resolution
The North American Association of State and Provincial Lotteries (NASPL), on behalf of its membership, is opposed to federal legislation that would encroach on the traditional state prerogative to regulate gaming within each state’s borders. Bills such as this would federalize the Internet as a gaming portal, and create a costly and duplicative federal gaming-licensing regime, and moreover, they would impair the ability of states to represent the sensibility of their citizens, which states are uniquely qualified to do and which they accomplish by regulating gaming within their borders to, among other reasons, raise revenue for worthy causes. We believe that the use, regulation, and ultimate beneficiaries of the Internet for gaming are best left to the legislative determination of each state.
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