| 词条 | Sodak Gaming |
| 释义 |
name = Sodak Gaming | logo = | type = | traded_as = | slogan = | foundation = 1989 | location =Rapid City, South Dakota | founder = | key_people = | defunct = | industry = Gaming | predecessor = | brands = | owner = | num_employees = | homepage = | }} Sodak Gaming, Inc. was a gaming company based in Rapid City, South Dakota that distributed slot machines to Indian casinos and financed casino projects. It was acquired by International Game Technology (IGT) in 1999 for $230 million. HistorySodak was formed in 1989 to supply equipment to gambling halls in Deadwood, South Dakota,[1] and soon became the exclusive distributor of IGT machines to tribal casinos.[2] The Promus Companies acquired a 20 percent stake in Sodak in November 1992.[2] Sodak made its initial public offering in June 1993.[3] Sodak purchased and refitted a riverboat and leased it to Gaming Supply Co., who opened it in December 1994 as the Miss Marquette casino, in Marquette, Iowa.[4] After Gaming Supply defaulted on lease payments, Sodak bought out the company for less than $5.5 million,[5] taking over operation of the casino in July 1996.[6] The company moved into the South American market in an effort to diversify its revenue base.[7] In May 1995, it began establishing gaming halls and slot route operations in Peru, reaching a total of 1,300 machines by the end of 1996.[7][8] It opened a casino at the Crowne Plaza Hotel in Quito, Ecuador in March 1996, followed by a gaming hall in Rio de Janeiro, Brazil in June 1996.[7] In June 1998, Sodak announced its decision to divest its South American operations, citing a lack of profitability and an unstable regulatory environment.[9][10] The ventures in Ecuador, Peru, and Brazil were sold off by the end of the year.[11] Sodak agreed in March 1999 to be acquired by IGT for $230 million.[12] As IGT executives did not want to operate casinos, the deal called for Sodak to sell the Miss Marquette casino and its interest in a Louisiana casino project.[13] The Miss Marquette was sold to Lady Luck Gaming for $42 million.[14][15] Sodak's partner in the Louisiana project, Hollywood Casino Corp., purchased Sodak's stake for $2.5 million.[16][17] The acquisition of Sodak by IGT was completed in September 1999.[18] Following the acquisition, Sodak continued to operate out of Rapid City as a division of IGT, focused on distributing products to Indian casinos.[19] IGT began a reorganization of its North American businesses in 2005, which included dispersing Sodak's operations around the country, and phasing out the Sodak name.[19] References1. ^{{cite news|title=Rapid City gambling company to be sold|newspaper=Associated Press Newswire|first=Joe|last=Kafka|date=March 11, 1999|url=http://global.factiva.com/redir/default.aspx?P=sa&an=aprs000020010829dv3b02lju&cat=a&ep=ASE}} {{subscription required|via=Factiva}} 2. ^1 {{cite news|title=Promus acquires interest|newspaper=Las Vegas Review-Journal|date=November 11, 1992|url=http://global.factiva.com/redir/default.aspx?P=sa&an=lvgs000020011108dobb00j07&cat=a&ep=ASE}} {{subscription required|via=Factiva}} 3. ^{{cite news|title=Dow falls 2.77 as economic news worsens|newspaper=USA Today|first=Donna|last=Rosato|date=July 1, 1993|url=http://global.factiva.com/redir/default.aspx?P=sa&an=usat000020011102dp7100dzd&cat=a&ep=ASE}} {{subscription required|via=Factiva}} 4. ^{{cite news|title=Miss Marquette boat overdue on Sodak pmnts|newspaper=Select Federal Filings Newswires|date=November 16, 1995|url=http://global.factiva.com/redir/default.aspx?P=sa&an=ff00000020011025drbg02ivv&cat=a&ep=ASE}} {{subscription required|via=Factiva}} 5. ^{{cite news|title=Sodak Gaming/Buy: Valued at less than $5.5M in cash, note|newspaper=Dow Jones News Service|date=May 21, 1996|url=http://global.factiva.com/redir/default.aspx?P=sa&an=dj00000020011013ds5l02zi3&cat=a&ep=ASE}} {{subscription required|via=Factiva}} 6. ^{{cite news|title=Miss Marquette awash in red ink|newspaper=The Gazette|location=Cedar Rapids, IA|agency=AP|date=April 4, 1997|url=http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0EAFE8D0597093DB&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}} 7. ^1 2 {{cite report|title=Form 10-K: Annual Report|publisher=Sodak Gaming|date=March 28, 1997|page=20|url=https://www.sec.gov/Archives/edgar/data/903856/0001021408-97-000091.txt|via=EDGAR}} 8. ^{{cite report|title=Form 10-K: Annual Report|publisher=Sodak Gaming|date=March 28, 1997|page=3|url=https://www.sec.gov/Archives/edgar/data/903856/0001021408-97-000091.txt|via=EDGAR}} 9. ^{{cite press release|title=Sodak Gaming announces corporate restructuring|publisher=Sodak Gaming|date=June 18, 1998|url=https://search.proquest.com/docview/448798942}} {{subscription required|via=ProQuest}} 10. ^{{cite news|title=Home Depot builds outside N. America|newspaper=Sun Sentinel|location=Fort Lauderdale, FL|date=July 6, 1998|url=http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0EB517331C7424A9&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}} 11. ^{{cite report|title=Form 10-K: Annual Report|publisher=Sodak Gaming|date=March 30, 1999|page=20|url=https://www.sec.gov/Archives/edgar/data/903856/0000897101-99-000307.txt|via=EDGAR}} 12. ^{{cite news|title=IGT to acquire Sodak Gaming for $230 million|newspaper=Las Vegas Review-Journal|first=Dave|last=Berns|date=March 12, 1999|url=http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F0FD391E40FD2BBE6&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}} 13. ^{{cite news|title=IGT buying slot distributor in week’s second gaming merger|newspaper=Las Vegas Sun|first=Gary|last=Thompson|date=March 11, 1999|url=https://lasvegassun.com/news/1999/mar/11/igt-buying-slot-distributor-in-weeks-second-gaming/|accessdate=2018-01-12}} 14. ^{{cite news|title=Casino sells for $42 million|newspaper=The Telegraph-Herald|location=Dubuque, IA|date=August 6, 1999|first=Renee|last=Berg|accessdate=2012-06-24|url=https://news.google.com/newspapers?id=3mNfAAAAIBAJ&sjid=5VwNAAAAIBAJ&pg=6345%2C993593}} 15. ^{{cite news|title=Las Vegas company buys Miss Marquette|newspaper=The Telegraph-Herald|location=Dubuque, IA|date=November 6, 1999|accessdate=2012-06-23|url=https://news.google.com/newspapers?id=Vp9dAAAAIBAJ&sjid=7FwNAAAAIBAJ&pg=1404%2C825076}} 16. ^{{cite news|title=Hollywood Casino announces purchase agreement|newspaper=Dallas Business Journal|date=April 6, 1999|url=https://www.bizjournals.com/dallas/stories/1999/04/05/daily6.html|accessdate=2018-01-21}} 17. ^{{cite report|title=Form 10-Q: Quarterly Report|publisher=Sodak Gaming|date=May 4, 1999|page=8|url=https://www.sec.gov/Archives/edgar/data/903856/0000897101-99-000467.txt|via=EDGAR}} 18. ^{{cite news|title=Slot maker finalizes Sodak Gaming purchase|newspaper=Las Vegas Sun|date=September 2, 1999|url=http://www.lasvegassun.com/news/1999/sep/02/slot-maker-finalizes-sodak-gaming-purchase/|accessdate=2012-08-03}} 19. ^1 {{cite news|title=Sodak's role unclear in restructure|newspaper=The Rapid City Journal|location=Rapid City, SD|first=Dan|last=Daly|date=March 9, 2005|url=http://infoweb.newsbank.com/resources/openurl?ctx_ver=z39.88-2004&rft_dat=document_id%3Anews%252F142F96044A1BF788&rft_id=info%3Asid%2Finfoweb.newsbank.com&rft_val_format=info%3Aofi%2Ffmt%3Akev%3Amtx%3Actx&svc_dat=AWNB&req_dat=1028A39C75C2B899|via=NewsBank}} 7 : Defunct gambling companies|Defunct companies based in South Dakota|Gambling companies of the United States|Gambling companies established in 1989|Gambling companies disestablished in 2005|1989 establishments in South Dakota|2005 disestablishments in South Dakota |
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