Majesco jumps on Atari deal

|About: Majesco Entertainment Company (COOL)|By:, SA News Editor

Atari is partnering with Majesco (COOL +10.5%) JV company Pariplay to bring its video games "across real money gambling formats, including iLottery, social, online and mobile platforms."

As part of the deal, Atari's real-money gambling site will feature classic Atari games such as Pong, Asteroids, and Centipede starting in Q4, and Pariplay will distribute Atari titles throughout its network.

Majesco, beset by solvency concerns, closed yesterday near its 52-week low of $0.37.