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Majesco Entertainment closes acquisition of Orid and Pariplay

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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.

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