…Recreativos Franco and Orenes Grupo unveil merger plan_1
Two of the largest gaming machines manufactures in Spain have reportedly announced that they will be merging so as to be better able to exploit a host of coming domestic and international opportunities.
According to a source, the move involving Orenes Grupo and Recreativos Franco is destined to create the largest gambling machine manufacturer in Spain and allow the pair to better exploit a range of new rules that are being brought in by their home nation’s government covering the operation of land-based casino, arcade and café gaming.
Castilian concern:
Established by brothers Joaquin and Jesus Franco Munoz in 1965, Madrid-headquartered Recreativos Franco reportedly already holds a dominant position in the domestic fruit machine mar…