Bingotimes targets overseas
At the GTI Expo in Taiwan, Bingotimes displayed what the company’s choice Wang described as ‘the hottest online game and pattern bingo.’ The firm’s primary products, such as Baccarat and Mahjong, were only featured as poster advertisements on its booth. “By exhibiting our products this year at the GTI, we are hoping to find right partners to spread Bingotimes’ products aboard,” said Wang. “In particular, we are targeting overseas bingo,” she concluded.
Eurasia makes big impact at GTI
Thomas Tol and Robert Huang’s new operation, Eurasia, wowed the crowds at the recent GTI Expo in Taipei, Taiwan. The firm showed off a number of brand new games in innovative cabinets including a multipler, a double screen slot machine and a horse racing simulator. Eurasaia will have an office in the Netherlands, headed up by John De Wit and one in Taiwan, led by Tol and Huang. Popular industry veteran Thomas Tol told Integrate: “Yes, the show was an enormous success for us. Indeed we did have all these good online poker games on our stand but more so, the equipment we housed it in was outstanding. Not my words but all the visitors’.”
* Subsino showed a number of new products at the recent GTI exhibition in Taipei. Its highlights were a new interactive kiddie ride in the shape of a train, a progressive four-level jackpot system, new cabinets with more lighting effects and a number of SVGA games, including a 25-liner. “We wish to achieve deals worth at least NT $3m at the show,” Hunter Wu told Integrate. Currently, Subsino’s target markets are south America, south eastern Asia and Italy. Furthermore, the firm wants to redouble its efforts in the germany poker game market.
According to www.theage.com.au, the Victorian Greens are gambling on a policy of slashing the number of poker machines to win crucial votes at the upcoming state election. Party leaders are hopeful of winning enough upper house seats and claiming the balance of power in parliament at the November 25 poll. Candidates launched the party’s gambling reform policy amid pledges to tackle the social problems that result from poker machine abuse. Upper House candidate Greg Barber said of all forms of legal gambling, the 30,000 plus pokie machines in the state caused the most problems for Victorians.
“Some neighborhoods with half the average household income are losing four times compared to other areas in Victoria,” said Barber. Current electronic gaming machine licenses expire in 2012 but Barber said he believed the state government would try to quietly extend permits for a further 20 years. The loss of revenue would initially be made up by an extra AU $1bn in GST funds over the next two budget periods, he added. But he said the state should outlaw poker machines.
Automatic Products international has been sold for US $31m in cash to Crane Co, one of the world’s largest vending machine firms. The sale of the St Paul, Milwaukee-based vending machine maker will result in the closure of its 230-employee plant, according to http://milwaukee.bizjournals.com.
API, a privately held manufacturer of vending equipment with 230 employees, inspected to shut down its local operations in September. Crane said it plans to buy the distribution assets at the initial closing of the deal and will purchase manufacturing assets in September after a transition period to relocate equipment to Crane’s St Louis facility. API is expected to have $40m in revenues this year. The acquisition includes API’s distribution network, product line designs and trade names, manufacturing equipment, and aftermarket parts business. API has over 20 international poker distributors in more than 40 countries. API will manufacture products exclusively for Crane during the transition period. With thanks to the St Louis business Journal.