Gamestec Signs £150m Punch Dea

28 January 2008

Gamestec has renewed its games management contract with pub company Punch Taverns after signing a new, three-year deal worth £150 million. The deal will see Gamestec fully manage Punch's gaming estate of more than 8,400 leased, tenanted and managed pubs.

Jonathan Paveley, Group Commercial Director for Punch Taverns, said: “Punch Taverns is committed to helping its customers grow their machine revenues and we continue to pursue the creation of the highest quality pub estate.

Commenting on the new agreement with Punch Taverns, Derek Lloyd, CEO of Gamestec’s parent company Danoptra Gaming Group, said: “Over the last 12 months we have invested heavily in business improvement as part of our 'Fit for the Future' programme, creating a more efficient infrastructure and improving customer services. These positive changes have placed us at the forefront of UK operators and given us a solid platform from which we can continue to grow and evolve to meet the challenges of a rapidly changing marketplace.