Mac Seelig confirmed to the Press that the company is closing and said more information would be released this week.The company, which two years ago introduced its first proprietary slot platform, Axcess, has not been able to raise capital or restructure its debt according to an internal memo to employees from Executive Vice President and General Counsel Thomas McCormick, obtained and reported Friday by the Press of Atlantic City.Hurt by growing competition from neighboring states, Atlantic City saw four of its 12 casinos close last year.
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