Software Testing and Escrow
GBGC tested well-known Internet poker software on behalf of a purchaser to prove its reliability.
GBGC was trusted by the seller and buyer to hold the entire purchase price in our escrow account during the entire period with only GBGC having the authority to pay the balance to the supplier.
Due Diligence and Testing of Assumptions
GBGC was engaged by a private equity firm to investigate and test the data and assumptions in the prospectus of a gambling company that was being put up for sale. The client asked GBGC for its opinion on the gambling and lottery market and what the prospects for the company might be given the regulatory and economic outlook.