Aruze Gaming America, Inc. (Aruze) announced today that the Company along with its founder Kazuo Okada have been granted gaming license renewals in the state of Mississippi. Aruze’s license renewal extends to 2018, and Mr. Okada’s license renewal extends to 2024. Aruze’s Mississippi license was granted without special or unusual conditions and no officer or director of Aruze has special or unusual conditions on his or her license grant. Aruze also believes that it is important to clarify some misconceptions that may be perpetuated by recent and past news articles. Aruze conducts its business with the highest standard of care and attention to business ethics and regulatory compliance. It is likewise confident that it is among the leaders in the industry in this regard. It is important to note that other than normal-course gaming investigations, neither the Company (Aruze), nor any officer or director of the Company, are the subject of any investigation by any law enforcement agency anywhere in the world.
Kelcey Allison (Aruze’s CEO) commented that, “Aruze’s record of compliance and ethical business dealings is one of its most important assets and maintaining this high standard is a key to our success.” Following that statement, Richard Pennington (Aruze’s President and Member of the Board) explained that, “We support Mr. Okada in his efforts to defend himself against unsupported allegations of misconduct.” He added, “We are pleased that the Fact-Finding Panel created by the Philippines Secretary of Justice investigated these unsupported allegations carefully and recommended termination of their investigation.”
Aruze, including its affiliates in Macau, South Africa, Hong Kong, Japan, Australia and the Philippines (Aruze Gaming Group) have no corporate affiliation with Aruze USA. Aruze USA is a subsidiary of Universal Entertainment Corporation, and it engages in the pursuit of investment opportunities. The Aruze Gaming Group manufactures and supplies electronic gaming machines.
Aruze Gaming Group does not ordinarily make it a practice to respond to sensational news articles but in this case felt that it was warranted to clarify important points regarding its commitment to compliance with all regulatory requirements and expectations.
Aruze Gaming Group is the fastest growing supplier of electronic gaming machines in the gaming industry. Its offering of video slots, stepper slots, and electronic table game products continue to outperform the competition with innovative and exciting features.