Edison-based video game company Majesco Entertainment announced today the closing of the acquisition of the operations and assets of Orid Media Limited and Pariplay Limited by GMS Entertainment, in which Majesco owns a 50 percent stake.
According to the announcement, Orid, Pariplay and GMS are online casino companies and providers of real and fictional-money gaming experiences. Pariplay operates real money iGaming, real money iLottery, and social gaming products. The company will continue to design and develop both fixed odd and random based online and mobile games for use in real money online games, social casinos and lottery systems. Pariplay is a licensed online gambling operator headquartered in the Isle of Man, operating online gaming sites on an owned and white label basis.
Joe Ross is the Digital Content Editor at NJBIZ. Born and raised in N.J., he spent 12 years living, studying and working in Philadelphia. His email is joer@njbiz.com and he is @joeross on Twitter. He writes the NJBIZ offbeat business blog Suitable For Work, and occasionally updates his own blog .
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