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Japanese Game Software Maker Buys U.S. Casino Firm

6 August 2001

TOKYO, Japan -- August 6, 2001 -- As reported by Kyodo News: ``Video game software maker Konami Co. said Monday it has bought a full stake in U.S. casino management system developer Paradigm Gaming Systems Inc. for $12 million through its wholly owned subsidiary.

``The acquisition is a key component of Las Vegas-based Konami Gaming Inc.'s strategic product offering and growth plans for the casino industry, Konami said in a release.

``Konami Gaming manufactures and sells game equipment for casinos in Nevada..."

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