Sodak was formed in 1989 to supply equipment to gambling halls in Deadwood, South Dakota,[1] and soon became the exclusive distributor of IGT machines to tribal casinos.
[4] After Gaming Supply defaulted on lease payments, Sodak bought out the company for less than $5.5 million,[5] taking over operation of the casino in July 1996.
[7][8] It opened a casino at the Crowne Plaza Hotel in Quito, Ecuador in March 1996, followed by a gaming hall in Rio de Janeiro, Brazil in June 1996.
[7] In June 1998, Sodak announced its decision to divest its South American operations, citing a lack of profitability and an unstable regulatory environment.
[18] Following the acquisition, Sodak continued to operate out of Rapid City as a division of IGT, focused on distributing products to Indian casinos.