(416).477.3400
info@sevenaces.com
79 Wellington Street West
Suite 1630, PO Box 138
Toronto, Ontario M5K 1H1
Share Price: $15.51
Change: +0.07
Today’s Volume: 118,798

Welcome to Seven Aces


Investment News


  • Jan 29
  • SEVEN ACES LIMITED ANNOUNCES NEW US$165 MILLION CREDIT FACILITY AND ACQUISITION OF ADDITIONAL GAMING CONTRACTS

    January 29, 2020

    (Toronto: January 29, 2020) Seven Aces Limited (the "Corporation") (TSXV: ACES) is pleased to announce that Lucky Bucks, LLC ("Lucky Bucks"), the Corporation's 70% owned subsidiary, has entered into a definitive credit facility agreement with a syndicate of lenders led by KeyBank National Association (NYSE: KEY) (the "Credit Facility"), pursuant to which Lucky Bucks is entitled to borrow up to an aggregate of US$165 million. KeyBank National Association and KeyBanc Capital Markets Inc. (together, "KeyBank") are acting as a joint lead arranger and a joint bookrunner, and as administrative agent and collateral agent under the Credit Facility.

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  • Jan 17
  • SEVEN ACES LIMITED ACQUIRES FOUR ADDITIONAL GAMING CONTRACTS

    January 17, 2020

    (Toronto: January 17, 2020) Seven Aces Limited (the "Company") (TSXV: ACES) is pleased to announce that its 70% owned subsidiary, Lucky Bucks, LLC ("Lucky Bucks"), has acquired four location contracts from J&G Amusement, Inc. a digital skill-based gaming terminal operator based in the U.S. State of Georgia, in exchange for cash consideration of US$1,464,956 (the "Acquisition"). In addition, Lucky Bucks shall pay J&G Amusement, Inc. an amount up to US$931,545 only if revenues from the location contracts meet specific thresholds on or prior to May 31, 2020.

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  • Dec 20
  • SEVEN ACES LIMITED ACQUIRES ADDITIONAL GAMING CONTRACTS AND SKILL-BASED TERMINALS

    December 20, 2019

    (Toronto: December 20, 2019) Seven Aces Limited (the "Company") (TSXV: ACES) is pleased to announce that its 70% owned subsidiary, Lucky Bucks, LLC ("Lucky Bucks"), has entered into an agreement with Shivbhakti, Inc. ("Game Vendor") on December 20, 2019 (the "Agreement"). Under the Agreement, Lucky Bucks has agreed to acquire 160 gaming contracts and associated skill-based digital gaming terminals from Game Vendor, a digital skill-based gaming terminal operator based in the U.S. State of Georgia, in exchange for cash consideration of US$32.5 million payable on closing, with potential additional payments post-closing as more particularly described below (the "Acquisition"). The gaming contracts to be acquired under the Agreement are fully-licensed and governed by the Georgia Lottery Corporation and offer players a variety of skill-based coin-operated amusement machines.

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Latest Financial Reports

Interim Consolidated Financial Statements for the Quarter Ended September 30, 2019

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Management’s Discussion and Analysis for the Quarter Ended September 30, 2019

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About us

We are a team of dedicated professionals, working to unlock value for our partners and investors.

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Investors

Our objective is to create long-term value for shareholders by acquiring and building industry-leading businesses in the gaming, skill gaming, and gaming related markets

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Our Investments

We partner with well-managed companies in the gaming and skill gaming industries that have substantial free cash flow

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