Nevada Jacks acquire Spanish company

MIAMI, Florida -- (PRESS RELEASE) -- Nevada Jacks, LLC, a leading manufacturer and provider of both poker and casino chips, today announced the completed acquisition of production equipment and technology of Hispania Casino Equipment Company of Palma de Mallorca, Spain, the second largest manufacturer of clay chips in Europe. Nevada Jacks has purchased "equipment, molds and dies" and staging process from Hispania for the making of clay chips.

CEO and co-owner James Evering commented: "Nevada Jacks has built its business around the provision of high quality chips which we distribute through a variety of global retail channels. We have invested heavily in, and historically focused on, internet distribution of non-clay casino chips. This business acquisition of Hispania's technology gives us a solid platform from which to manufacture and provide a wider variety of gaming products, especially a complete assortment of clay casino chips, and affords access to more complementary distribution channels."

With the inclusion of the clay chips production line I designed and tuned for almost 30 years, (Nevada Jacks) will now have all the necessary ingredients to make this venture a true success. Rufino Serrano, founder of Hispania Casino Equipment stated, "With the inclusion of the clay chips production line I designed and tuned for almost 30 years, (Nevada Jacks) will now have all the necessary ingredients to make this venture a true success."

Since 1977, Hispania Casino Equipment has been noted as one of the largest providers of clay chips and accessories for the casino industry throughout Southern Europe, the Caribbean, and both Central and South America.

Nevada Jacks co-owner Nicholas Bates stated, "The clay chip production capability gives Nevada Jacks an added edge because we now control our own destiny with entirely in-house manufacturing of virtually any type of poker chip. It will also allow us to continue our expansion directly into the casino market." Mr. Bates also commented, "We have made significant inroads into the manufacturing of private label chips and this deal should give us even more leverage to expand this and other commercial opportunities throughout the world."