|GEM Communications, LLC, has announced that it has agreed to acquire full interest in Bingo World Trade Show and Conference from producing partner Dion Entertainment for an undisclosed sum. The two companies first entered into a producing partnership in April 1998.|
Bingo World Trade Show and Conference is now entering its sixth year and has become the bingo industry’s leading educational conference and trade show. The buyout results in GEM being sole owner and producer of the Sixth Bingo World Trade Show and Conference. The event is to be held at the Riviera Hotel and Casino in Las Vegas from March 5-7, 2002. The conference exposition is to feature speakers and exhibitors from all over the world. Attendance is expected to be over 2000. There will be 80 exhibiting companies and nine educational conference sessions.
GEM President Bill Newman commented, “We have enjoyed our working partnership with Dion Entertainment and know that Bingo World and the bingo industry at large are stronger because of the efforts of both companies. GEM’s sole ownership of Bingo World fits with our ongoing mission to be the industry’s leading gaming media company. Through our 12 gaming-oriented magazines and our diverse regional and international trade shows, GEM provides feasible and viable one-stop marketing solutions to gaming manufacturers world wide.”