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BRIEF-Shuffle Master says it will not proceed with acquisition of Ongame Network

Wed, 27th Jun 2012 13:53

June 27 (Reuters) - Shuffle Master Inc:

* Announces decision not to proceed with ongame n

etwork acquisition

* Says there is uncertainty surrounding the timing of legalization and the

rollout of online

* Become evident to co that ongame's operations post-acquisition will not

achieve near-term results co initially expected

* Says ongame acquistion will require a larger ongoing investment than

anticipated

((Bangalore Equities Newsroom; +91 80 4135 5800; within U.S. +1 646 223 8780))

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