J&J Gaming announced that its subsidiary, Golden Route Operations, has completed the acquisition of Leisure Gaming, a Nevada-based operator of 10 nonrestricted casinos, primarily truck-stop locations.
The completed acquisition followed approval in November from the Nevada Gaming Commission.
J&J Gaming, a national leader in the installation and operation of regulated gaming devices in restaurants, bars, taverns, convenience stores, truck stops, and other authorized venues, said the addition of Leisure Gaming, which has operations in both Montana and Nevada, will result in a platform that has more than 11,000 gaming terminals.
On a national level, J&J Gaming and its subsidiaries provide gaming as a service to 3,600 locations in various regulated jurisdictions. It’s headquartered in Illinois and majority-owned by funds managed by southern California-based Oaktree Capital Management.
“Since 1993, Leisure Gaming has been a leader in the operations of casinos at truck stop locations in Nevada and this acquisition combines two companies with shared values and commitments to their employees and customers in the ever-evolving landscape of the gaming industry,” J&J Gaming CEO, Robert Willenborg said in a statement. “With this acquisition, we are better positioned to provide our local and national customers with the excellence in service that J&J Gaming is known for.”
Leisure Gaming’s Vice President of Operators Ryan Albright said, “With the strength and support of an industry leader like J&J Gaming, we are confident this partnership will bring new opportunities, growth, and innovation to our customers and team members.”
J&J Gaming acquired Golden Route Operations Montana’s distributed gaming business in September 2023.
Oaktree is the owner of the Casablanca Resort and Virgin River Hotel & Casino in Mesquite. A year ago November, the Commission approved the sale of the two Mesquite casinos from gaming legacy families to the Los Angeles-based private equity firm.
Oaktree has already reinvested millions of dollars into both properties, $6 million alone for new slot machines and the remodeling of the Casablanca floor, including turning a vacant movie theater into a sportsbook.
