Praesepe, a company focused on the low-stakes, high-volume gambling markets in the United Kingdom and Europe, has purchased four Edinburgh adult gaming centers that will launch soon under the new brand, Cashino.
The gaming centers, Praesepe said, were acquired this week and operated formerly as Silver Reels. Financial details of the acquisition were not disclosed.
"Our plan is to re-open the site in Nicholson Street, Edinburgh in time for the Christmas trading period, with the remaining three going live in the first quarter of next year," Jonathon Hughes, managing director of Praesepe's gaming center division, said in a prepared statement.