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The company changed its name again in 1988, to United Gaming Inc., acknowledging United Coin as its principal asset. According to Iannone, he was told the company “won’t last six months”, but he cut expenses and restructured debt, effecting a turnaround by 1983. The company changed its name to Gaming and Technology Inc. in March 1983 to better reflect its focus. The Colorado Belle, described as unprofitable, was sold the following year to Circus Circus Enterprises for 4 million. (more…)

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