PDS Gaming Corporation (“PDS”) is an innovative finance and lease company that specializes in customized financing solutions including equipment leasing, project and corporate financing and manufacturing vendor financing programs for the gaming industry. With a multitude of gaming licenses in the major U.S. and Native American jurisdictions, PDS is uniquely positioned and qualified to provide its creative financial products and services to gaming companies of all sizes. Since 1991 PDS has built customized financial arrangements with many of the world’s strongest institutional funds and banks in order to bring their financial strength to bear for PDS’ gaming industry clients. This enables PDS to offer attractive rates, flexible terms and steady access to capital in many forms, including off and on-balance sheet leasing, vendor financing and traditional secured lending.
PDS has provided well over one billion dollars of financing to the gaming industry’s largest operators, premier equipment manufacturers and distributors, as well as industry entrepreneurs. PDS has financed the expansion of the gaming industry in new jurisdictions, including the ever-growing Native American casino markets, lottery based, Class II and III markets alike, and cruise ship and cruise-to-nowhere operations.
PDS was founded in 1988 in Minneapolis, Minn. At that time, it was a fleet vehicle and equipment leasing company. The focus was purchasing vehicle lease portfolios, predominantly on the west coast, from banks. In addition, PDS provided equipment sale leaseback and forward lease credit facilities to insurance companies. These were the primary products until early 1991.