Replies to post #12384 on Electronic Game Card, Inc (fka EGMIQ)

[okvestor]

You're right. Bally's with $900 million of assets is smaller than I thought, so an EGMI acquisition would be material. All the more reason to wait for completion of the EGMI financials before executing and announcing a definitive agreement. And if this acquisition or merger with BYI is pending, EGMI's financial restatements may be pending until Bally's auditors -- Deloitte -- complete their review also, since they would likely need to consolidate them into BYI.