215:, he borrowed $ 30,000 to develop a mechanical shuffler that would allow every hand to be dealt from a fresh deck, nullifying the advantage of card counting, without losing valuable playing time. The device finally came to market in early 1992, and the company made its
229:
In 1998, the company's headquarters moved from
Minneapolis to the Las Vegas area. The firm expanded into the slot machine business in the late 1990s, developing games based on licensed properties like
222:
Casinos were increasingly using multiple decks for blackjack, limiting the sales potential of
Breeding's single-deck shuffler. To fuel demand for the shufflers, he developed a new single-deck game,
285:
for $ 26 to 39 million, but it pulled out of the deal months later due to declining market conditions in Europe and uncertainty about the legalization of online poker in the US.
38:
266:
In 2006, the company returned to the slot machine field, buying
Australian manufacturer Stargames Limited for $ 108 million. Among Stargames's products was Rapid Roulette, a
411:"12 to Watch: Stacked Deck: In order to grow, Shuffle Master has been hitching a ride with much larger players in the casino game racket. Maybe it's time to get off"
439:
520:
521:"Shuffle Master, Inc. Announces Completion of Stargames Limited Acquisition; Completion Signals Broad Expansion of Company's Entertainment Products Line"
817:
599:
270:
variant in which a dealer spins a physical roulette wheel, but wagers are placed and paid out on touchscreen terminals, increasing the pace of play.
797:
787:
812:
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and currently only offered online by casinos using IGT software. The game was set to be released in physical casinos in Kansas early in 2013.
256:
to manufacture and distribute them. The slots business failed to turn a profit, and
Shuffle Master sold it to IGT in 2004 for $ 1.6 million.
625:
792:
568:
681:
410:
827:
807:
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310:
In July 2013, Bally
Technologies agreed to acquire SHFL for about $ 1.3 billion. The acquisition was completed on November 25, 2013.
543:
832:
802:
706:
277:
executive, was named CEO in March 2011. In March 2012, Shuffle Master agreed to buy Ongame
Network, a provider of services to
291:
In 2012 SHFL obtained the license to distribute Geoff Hall's blackjack variant, Free Bet
Blackjack, worldwide excluding the
249:
822:
288:
In
October 2012, the company changed its name to SHFL Entertainment, to reflect the diversity of its product offerings.
757:
666:
495:
357:
282:
259:
In
February 2004, Shuffle Master bought most of the assets of BET Technology, a developer of table games including
207:
Shuffle Master was formed by John
Breeding, a former truck driver, in 1983. Inspired by a newspaper article about
651:
465:
17:
383:
183:, one of the primary card shuffling devices used in casinos. The company's table game products included
330:
named the firm as one of the 200 Best Small Companies in America for at least five years in a row.
576:
223:
216:
184:
226:. By 1995, Let It Ride was generating more revenue for Shuffle Master than its namesake device.
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8:
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112:
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in 2013. Bally was itself acquired the following year by Scientific Games, now
781:
303:
conference in October 2012, SHFL debuted Mulligan Poker, a game developed by
208:
157:
682:"Bally says $ 1.3 billion acquisition of SHFL Entertainment good for growth"
176:, which continues to use the Shuffle Master name as one of its core brands.
278:
600:"Shuffle Master drops planned purchase of European online gaming company"
78:
260:
196:
37:
212:
180:
133:
440:"Shuffle Master Parlays Slot Sale Into A Pair Of Core Acquisitions"
319:
267:
56:
667:"ThePOGG Interviews – Michael Shackleford – The Wizard of Odds"
652:"ThePOGG Interviews – Geoff Hall - creator of Blackjack Switch"
626:"Shuffle Master changing name to incorporate multiple products"
326:
296:
165:
707:"Bally completes $ 1.3 billion SHFL Entertainment purchase"
544:"Bally Technologies executive named Shuffle Master CEO"
496:"Mergers and Acquisitions: New spin for Shuffle Master"
292:
732:"Judge deals setback to Shuffle Master in patent case"
679:
779:
575:. Associated Press. 5 March 2012. Archived from
523:(Press release). Shuffle Master. 1 February 2006
704:
569:"Shuffle Master 1Q profit rises 59 percent"
248:and partnering with larger companies like
36:
818:Gambling companies disestablished in 2013
364:. Bloomberg Business News. 8 October 1995
352:
350:
348:
346:
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358:"Shuffle Master Inc. Places Winning Bet"
798:Companies formerly listed on the Nasdaq
788:Gambling companies of the United States
755:
664:
649:
489:
487:
14:
813:Gambling companies established in 1983
780:
339:
168:. Founded in 1983, it was acquired by
160:, and other casino products, based in
729:
623:
597:
541:
493:
408:
680:Richard N. Velotta (July 16, 2013).
484:
437:
793:Companies based in Paradise, Nevada
24:
705:Howard Stutz (November 25, 2013).
494:Stutz, Howard (26 December 2005).
466:"Shuffle Master continues to grow"
313:
25:
844:
828:Defunct companies based in Nevada
756:Simpson, Jeff (15 October 2003).
730:Stutz, Howard (5 February 2008).
624:Stutz, Howard (October 1, 2012).
409:Kafka, Peter (November 1, 1999).
384:"Brief: Shuffle Master net rises"
322:" in the card shuffler business.
808:2013 disestablishments in Nevada
758:"Shuffle Master dealing success"
749:
723:
698:
673:
658:
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617:
591:
438:Shaw, Craig (11 October 2004).
598:Stutz, Howard (27 June 2012).
561:
542:Green, Steve (17 March 2011).
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458:
431:
402:
376:
13:
1:
833:2013 mergers and acquisitions
803:1983 establishments in Nevada
333:
650:ThePOGG (25 November 2012).
7:
665:ThePOGG (1 November 2012).
446:. Investor's Business Daily
96:November 25, 2013
68:; 41 years ago
10:
849:
823:Defunct gambling companies
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92:
84:
62:
52:
44:
35:
762:Las Vegas Review-Journal
711:Las Vegas Review-Journal
630:Las Vegas Review-Journal
604:Las Vegas Review-Journal
500:Las Vegas Review-Journal
148:) was a manufacturer of
142:SHFL entertainment, Inc.
31:SHFL entertainment, Inc.
27:Nevadan gambling company
427:(subscription required)
273:Gavin Isaacs, a former
217:initial public offering
263:and Fortune Pai Gow.
179:The company designed
318:SHFL had a "virtual
305:Michael Shackleford
283:bwin.party Services
32:
472:. 26 February 2004
390:. 14 December 1998
301:Global Gaming Expo
275:Bally Technologies
174:Light & Wonder
170:Bally Technologies
150:shuffling machines
144:(previously named
113:Bally Technologies
30:
736:Casino City Times
245:Let's Make a Deal
219:later that year.
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16:(Redirected from
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233:The Honeymooners
193:Blackjack Switch
189:Three Card Poker
123:Paradise, Nevada
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40:
33:
29:
21:
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579:on 6 March 2012
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362:Chicago Tribune
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314:Market position
239:Press Your Luck
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146:Shuffle Master
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18:Shuffle Master
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548:Las Vegas Sun
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470:Las Vegas Sun
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444:Investors.com
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417:. via Factiva
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209:card counting
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158:slot machines
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88:John Breeding
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765:. Retrieved
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739:. Retrieved
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714:. Retrieved
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689:. Retrieved
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633:. Retrieved
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607:. Retrieved
603:
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581:. Retrieved
577:the original
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551:. Retrieved
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537:
525:. Retrieved
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503:. Retrieved
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474:. Retrieved
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460:
448:. Retrieved
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419:. Retrieved
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392:. Retrieved
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366:. Retrieved
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281:sites, from
279:online poker
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178:
145:
141:
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119:Headquarters
111:Acquired by
224:Let It Ride
185:Let It Ride
154:table games
79:Minneapolis
782:Categories
716:2014-11-23
691:2014-11-23
421:2012-07-01
334:References
261:Casino War
197:Casino War
100:2013-11-25
686:Vegas Inc
635:1 October
299:. At the
213:blackjack
181:Deck Mate
134:Deck Mate
767:22 March
741:22 March
583:22 March
553:22 March
527:23 March
505:23 March
476:23 March
450:23 March
394:24 March
368:23 March
320:monopoly
268:roulette
162:Paradise
130:Products
53:Industry
45:Formerly
609:27 June
203:History
98: (
93:Defunct
85:Founder
71: (
63:Founded
415:Forbes
327:Forbes
297:Nevada
195:, and
166:Nevada
125:, U.S.
57:Gaming
573:MSNBC
254:Bally
769:2012
743:2012
637:2012
611:2012
585:2012
555:2012
529:2012
507:2012
478:2012
452:2012
396:2012
370:2012
295:and
252:and
242:and
108:Fate
73:1983
66:1983
250:IGT
211:in
77:in
784::
760:.
734:.
709:.
684:.
628:.
602:.
571:.
546:.
498:.
486:^
468:.
442:.
413:.
386:.
360:.
341:^
293:UK
236:,
199:.
191:,
187:,
164:,
156:,
152:,
771:.
745:.
719:.
694:.
669:.
654:.
639:.
613:.
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509:.
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398:.
372:.
102:)
75:)
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
