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Bankruptcy Judge Approves GameTech Sale to Yuri Itkis

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Bankruptcy Judge Peter J. Walsh approved the $16 million sale of computer bingo terminal maker GameTech International Inc. to an investment vehicle controlled by gambling industry veteran Yuri Itkis, Dow Jones DBR Small Cap reported today. Cash-strapped GameTech filed for bankruptcy after its bank lenders sold their loans to the Las Vegas-based trust.