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JOINTLY DECLARED:
31 December 2024 at Macau 11pm and Las Vegas 7am.
Inside Asian Gaming and CDC Gaming are pleased to announce that the merger between the two firms, as declared on Monday 7 October at 4pm in Las Vegas (Tuesday 8 October 7am in Macau), has now officially concluded.
The two firms now function under their newly established shared corporate parent, Complete Media Group (CMG), with the inaugural full day of combined operations commencing tomorrow, 1 January 2025.
The original merger announcement can be viewed here and here. It includes significant aspects regarding the merger and the anticipated post-merger operations of IAG and CDC Gaming.
This merger establishes the first genuinely global gaming media and events organization with over 20 years of experience physically positioned in the world’s leading two integrated resort and terrestrial gaming markets: the United States and Macau.
IAG and CDC Gaming will persist in operating under their current brand identities in their respective markets, just as they have for over 20 years, including six years as strategic partners, reinforcing Complete Media Group’s philosophy of “Regional expertise, worldwide”.
IAG Vice Chairman and Chief Executive Officer Andrew W Scott remains in those roles and also takes on the role of Chief Executive Officer of Complete Media Group. CDC Gaming Publisher Cory Roberts continues in that position and becomes Chief Operating Officer and Chief Technology Officer of the combined entity, which now comprises around 50 team members.
Complete Media Group CEO Andrew W Scott stated, “First and foremost, Happy New Year to everyone! And it will truly be a very joyous new year for IAG and CDC Gaming as we commence the year with our merger finalized. Our teams on both sides of the Pacific are incredibly enthusiastic about the opportunities this merger presents not just for our own companies but most importantly for our clients and the IR industries in the US and Asia.”
Complete Media Group COO and CTO Cory Roberts remarked, “Spending time in Macau this November attending meetings with the entire Inside Asian Gaming team was invigorating and further highlighted our companies’ business compatibility. Andrew’s recent time in the US served a similar objective, meeting members of the CDC Gaming team, and fostering connections that will propel our company forward as we operate on both sides of the Pacific.”
Scott added, “My travels to the US throughout 2024 meeting the CDC Gaming team and Cory’s latest visit to Macau could not have been better. This merger nearly doubles the scale of our respective companies, and that growth in size will enable us to initiate a number of exciting new projects in Asia and the Americas in 2025. Stay tuned!”
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