Gaming Group Inc. to Offer 2 Million Shares

The Gaming Group Inc., a Westlake Village company that began operations a year ago, hopes to net between $2.8 million and $6.2 million in an initial public stock offering.

The company said in a filing with the Securities and Exchange Commission that it would sell more than 2 million shares of common stock for up to $5 each through its underwriter, Spectrum Securities Inc.

Gaming Group said that, since its start-up, it has had only limited sales of gaming products. It intends to use the money raised in the stock sale to acquire the Las Vegas Gaming and Technical School, which teaches the repair and manufacture of electronic gaming and amusement devices.