The buy-out of the major Agora group of adult gaming centres in the UK, has been completed. The acquisition by the shelf company Minmar (929) Ltd, gives it an immediate 100-location operation, all in southern England, on a line from Birmingham down to Southampton.
The acquisition, which has been in progress for some weeks, involves all of the Agora assets. The plan is that they will operate under the trading name Las Vegas Gaming Ltd.
Neil Chinn has joined the board of the new company and is one of four directors. He told InterGame: "There are a number of units in the new group which we will now look at and rebrand. We first have to sort out which of the locations we will keep and which we will dispose of. That will take time, so too will be the installation of a new Playsafe system throughout the operation. We also have to go through a great deal of retraining of staff."
He added that the group will adopt a policy of purchasing all of its equipment and will not share its cashbox.
