DANOPTRA, the Yorkshire-based gaming business, has been sold to a group of city institutions led by Credit Suisse Group.

The deal sees the new owners gaining a majority stake in the loss-making firm that owns the Bell-Fruit and Gamestec slot machine businesses, in return for £85m of new loan facilities.

Danoptra, which is based at Horsforth in Leeds, made almost £20m of losses last year and supplies and operates around 40,000 gaming machines in pubs, bars, leisure venues, betting offices, clubs, bingo hal......for the full story register now for free or login below...