Poydras Gaming Finance Corp. Announces Name Change to Integrity Gaming Corp.
—To begin trading under new ticker symbol IGAM on January 2, 2018—
VANCOUVER, Dec. 21, 2017 /CNW/ - POYDRAS GAMING FINANCE CORP. (TSX-V: PYD) (OTCQX: PYDGF) ("Poydras" or the "Company") announced today that it is changing its name to Integrity Gaming Corp. ("Integrity") effective January 1, 2018. Poydras has largely operated under its wholly-owned subsidiary Integrity Gaming Inc. in its core markets of Oklahoma and Texas following its acquisition in mid-2015.
"Our name change to Integrity Gaming Corp. allows us to better leverage the strong brand equity of our well-established Integrity Gaming subsidiary, and is a better reflection of our value proposition and our strategic vision of becoming a dominant player in the Tribal gaming market in the U.S." said CEO Peter Macy. "We believe that this name change will resonate well with the market, and will help us generate added traction for our gaming brands and corporate presence", Mr. Macy added.
TSX Venture Exchange will publish its Corporate Finance Bulletin on December 29th at the close of markets to announce the name change. The Company's common shares are expected to begin trading under the new ticker symbol TSX-V: IGAM on January 2, 2018, with no impact to current shareholders.
About Poydras Gaming Finance Corp.
Poydras Gaming is a regional slot route operator with approximately 2,600 gaming machines in operation across 30 casinos in Oklahoma and Texas. The Company primarily derives its revenue from short- and long-term revenue share contracts with Native American casinos. It provides gaming equipment such as slot machines and electronic table games, and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company works with casinos, new casino developments, and gaming machine suppliers. In addition, it distributes casino and bingo equipment, and offers direct and online sales of gaming supplies for poker and bingo. Additional information about the Company can be found on the Company's website at www.poydrasgaming.com and on the SEDAR website at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Poydras Gaming Finance Corp.
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Justin Canivet, Investor Relations | NATIONAL Equicom, T: 416.586.1942, E: [email protected]; James Kim, VP of Corporate Development, Poydras Gaming Finance Corp., T: 604.683.8393, E: [email protected]
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