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Las Vegas Gaming hopes to raise $30 million in private placement of preferreds
By Devika Patel
Knoxville, Tenn., Jan. 16 - Las Vegas Gaming, Inc. has retained an adviser to assist in a $30 million private placement of its preferred stock, according to an 8-K filed Friday with the Securities and Exchange Commission.
Proceeds will be used for development and deployment the PlayerVision system.
Based in Las Vegas, Las Vegas Gaming, a private company, manufactures and sells gaming equipment to casinos.
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