Chartwell Technology Casinos

Chartwell Technology, originally founded as Napier Explorations Inc. in British Columbia on 16 December 1987, underwent several transformations throughout its history. Initially focused on mineral exploration, it shifted to oil and gas in 1992 as Chartwell Ventures Ltd.

In 1998, after acquiring software developer Gateway Technology, the company rebranded as Chartwell Technology Inc. and entered the software development and licensing industry. Chartwell expanded by acquiring MicroPower in 2005 and developed various online casino games. In 2011, it was sold to The Stars Group (then Amaya Gaming Group) for $23 million and renamed Amaya Alberta Inc. Later, in 2015, it was sold to NYX Gaming Group, which was eventually acquired by Scientific Games.

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Early Years and Founding

Chartwell Technology began its journey on 16 December 1987 in British Columbia, initially known as Napier Explorations Inc. This period marked the company's involvement in mineral exploration. However, by 1989, it had rebranded to Brockton Resources Inc., continuing its activities in the mineral sector for a few more years.

In 1992, a significant change occurred when the company decided to leave behind its mineral exploration roots. It shifted its focus towards the oil and gas industry and rebranded itself as Chartwell Ventures Ltd. This pivot indicated the company's willingness to adapt and explore different sectors for growth.

Somewhat Unusual Transition to Software Development

The year 1998 was a pivotal one for Chartwell Ventures Ltd. The company acquired Gateway Technology, a software developer, marking its entry into the tech industry. This acquisition was followed by another major rebranding, and on 8 December 1998, the company became known as Chartwell Technology Inc. This new identity reflected its commitment to software development and licensing, a far cry from its earlier focus areas.

Expansion and Growth in iGaming

Chartwell Technology's venture into software development proved successful. By 2005, the company expanded its portfolio by acquiring MicroPower, an online poker software developer. This acquisition allowed Chartwell to develop various online casino games, including slot games, table games, fixed-odds games, mini-games, and networked multiplayer baccarat and blackjack.

The company grew significantly, employing over 130 people in Malta, the UK, and Canada. Chartwell's games were listed on prominent slot sites in the UK.

Acquisition by The Stars Group

In July 2011, Chartwell Technology was acquired by The Stars Group, which was then known as Amaya Gaming Group, in a deal worth $23 million. This acquisition transformed Chartwell into a wholly-owned subsidiary of Amaya Gaming Group Inc., leading to yet another name change to Amaya Alberta Inc. This phase marked Chartwell's integration into a larger conglomerate, enhancing its reach and capabilities.

Final Transition and Legacy

The journey did not end there. In 2015, Amaya sold Chartwell and other subsidiaries to NYX Gaming Group, based in Las Vegas. This sale marked the beginning of Chartwell's final chapter under the umbrella of NYX Gaming Group. Eventually, NYX Gaming Group was acquired by Scientific Games, bringing Chartwell's journey full circle as it became part of one of the biggest names in the gaming industry.

Throughout its history, Chartwell Technology has demonstrated a remarkable ability to pivot and grow, transitioning from mineral exploration to oil and gas and finally becoming a significant player in the online gaming software industry. Crazy story, huh?

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