J&J Gaming Completes the Acquisition of Midwest Amusements

J&J Gaming Completes Acquisition of Midwest Amusements!

Continues J&J Gaming’s Growth and Diversification Strategy with Additional Operations in Nebraska, Iowa, and Wyoming.

Further Establishes J&J Gaming as the Leader in Distributed Gaming.

EFFINGHAM, IL, January 14, 2026 – J&J Gaming announced today its acquisition of Midwest Amusements LLC, a multi-state operator that manages over 420 gaming devices across 101 locations in Nebraska, Iowa, and Wyoming. Since its founding in 2019 by Matthew Philippsen and Maya Shannon, Midwest Amusements has earned a reputation as a trusted partner known for its expertise in the convenience store and truck stop market.

J&J Gaming is the leader in the installation and operation of regulated gaming devices in restaurants, bars, taverns, convenience stores, truck stops and other authorized venues. The addition of Midwest Amusements will result in a platform that has more than 32,200 gaming devices in 4,200 locations across 7 jurisdictions.

“Since 2019, our focus at Midwest Amusements has been to deliver innovative games and exceptional service to our partners,” said Matthew Philippsen, Co-Founder of Midwest Amusements. “J&J Gaming shares that same reputation for excellence and customer care, making this a natural fit.”

“This acquisition represents another key step in J&J Gaming’s growth strategy as we strengthen our presence across Nebraska and the Midwest,” said J&J Gaming CEO, Bob Willenborg. “We are thrilled to welcome their team and partners into the J&J family as we continue to expand our footprint and deliver industry-leading solutions across the country.”

Taft Stettinius & Hollister LLP served as legal advisors to J&J Gaming. GLC Advisors & Co., LLC served as financial advisor and Howard & Howard Attorneys PLLC served as legal advisor to Midwest Amusements.

About J&J Gaming
J&J Gaming is the leader in distributed gaming. The company provides gaming-as-a-service to locations such as restaurants, bars, taverns, convenience stores, truck stops, and other authorized venues in various regulated jurisdictions.

The company operates over 32,200 gaming machines in 4,200+ locations across Illinois, Nevada, Montana, Nebraska, Iowa, Wyoming, and Pennsylvania. To learn more about J&J, visit our website at www.jjgaming.com.

About Oaktree
Oaktree is a leader among global investment managers specializing in alternative investments, with $218 billion in assets under management as of September 30, 2025. The firm emphasizes an opportunistic, value­ oriented, and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,100 employees and offices in 20 cities worldwide. For additional information, please visit Oaktree’s website at www.oaktreecapital.com.

Contact
Knight Kieffer
Managing Director – Corporate Development
knight.kieffer@jjgaming.com

Comments are closed.