Bally Wulff Blazes Into The Spanish Video Sector
Bally Wulff has successfully entered the Spanish video AWP market with Lejano Oeste Video, a new payout machine featuring video animation combined with the traditional reel game. With orders for a further 2,000 Lejano Oeste Video machines, to be exportedto Spain by the end of the year, the market response has been tremendous and exceeds all expectations.. In September, a second production line for export was installed at Bally's Berlin headquarters.. A landmark decision, which was justified by the Fer Interazar in Madrid, as Bally's Escue la de Magia, a traditional video poker reeling machine, remains a hit in Spain, the company having worked its way up to the top of the Spanish charts in time for the Madrid show. "There is no need to be afraid of a 'cannibalisation effect' caused by this double success," explained Tim Wittenbecher, head of Bally Wulff's export department. "These are two very different product lines. Escuela de Magia continues to be a smash hit in provinces without video legislation, while. Lejano Oeste Video is designed to conquer the video market." Bally Wulff's Lejano Oeste Video is the first payout machine featuring real time 3D- video animation on a hi-res TFT monitor combined with the traditional reel game. To date, Lejano Oeste Video is the only machine on the market combining these two elements.
The International Prix Non-Violence 2005 has been awarded to Senait Mehari at a gala in Frankfurt. Ms. Mehari is a young, committed and an exceptional artist, born in Eritrea and mde famous by her book ‘Feuerherz’ about her life as a child soldier. She was awarded the Int.Prix Non Violence 2005 by Photo Play. The prize of 5,000 euros was handed to the artist during a ceremony at the Frankfurt conservatory of fun.net germany. Her moving words on the fare of child soldiers throughout the world and her music met wide approval and even initiated spontaneous donations that exceeded the prize money itself. All donations were immediately handed to the’Weißes Friendensband’ organization, which carries out awareness training in Germany and annually organizes the Red hand Day, which sees pupils at school throughout Germany painting their hands red in order to create awareness of the fate of child soldiers.
Atronic Americas announced in November the resignation of its CEO, Joe Bailo, due to personal reasons. “Joe has been a loyal and dedicated member of the Atronic team and contributed significantly to the build up and positioning of the company for the last nine years,” said Gerhard Burda, Group CEO of Atronic. CFO Michael Lauer has been appointed Atronic Americas CEO on an interim basis, effective immediately. Mr. Lauer will also continue to perform his duties as CFO. “We are confident that Michael Lauer will be able to bridge the gap until a new appointment has been made,” said Mr. Burda.
It looks increasingly probably that the Estonian Government will introduce a new Gaming Law in January. The last major revision to the Gaming Act occurred in 1995, which granted the country’s operating companies their 10-year license tenures. As these license expire in 2006, expectations are high that the government will introduce a new act to enable a hike in the cost of the licenses.
In a huge financial deal in France, Bridge point looks set to acquire French casino chain Multiform Loisirs from Legal and General Ventures (LGV). The sale sees LGV exiting the last of its French portfolio companies following its withdrawal from continental Europe. Founded in 1948 as a family-owned business the Moliflor chain is currently made up of 20 casinos across France, predominantly in small towns. LGV acquired Moliflor from PPM Ventures, alongside Royal Bank Private Equity in 2002 for around 400m euros. The firm has since completed five bolt-on deals and made significant changes to the management team.
Atronic Russia takes a huge stand at EELEX to deliver its latest range of gaming product
At this year's EELEX show, Atronic Russia and Atronic's Russian distributor Unicum ,will be working once again in collaboration to showcase the full range of products and services now available to Russian customers. EELEX will play host . to the worldwide debut of Harmony, the all-new video slot machine from Atronic. Launched with six new game titles, Harmony features a 17ins. TF!' screen, new screen layout, multi-denomination 4 and auto-play functionality as well as ergonomic design for maximum poker play comfort. It is targeted towards more price sensitive environments and will perfectly complement Atronic's highly successful e-motion product range. Customers will be able to see the new cabinet for themselves on Unicum booth No.43. Games on display include Devious Delights, I.C. 1i"easures, Crystal Lake, Divers Dream, Jungle of Gold and a new version of Atronic's top performing Crazy Fruits. Atronic Russia will be present on stand No.47E in close proximity to the Unicum booth and will be demonstrating the very latest in linked gaming solutions available on rental and participation. Atronic's dynamic bonus link Cash Fever will be returning to EELEX following a very successful first year and backed by a proven track record of strong performance results in casinos in Russia and worldwide. Cash Fever is now available with an extended games library incorporating seven top performing , e-motion titles. Atronic Russia will further be showcasing eMillions, the new wide area progressive giving every player the chance to become a millionaire. eMillions offers thrilling jackpots and must-play games, all in an exciting package designed to attract and entertain. Customers visiting the Atronic Russia ! stand will also be challenged to experience the competitive bonus concept Tournamania for themselves as regular I tournaments will be held to demonstrate the concept. Plenty of new e-motion game titles will be on show at the Unicum stand including the ancient world of Mistress of Egypt, the glitz and glamour of Johnny Vegas, the madcap Granny's 1tucking, the exotic Madam Sakura, tropical Money Island and the wild and wacky Crazy Nest. Supporting the impressive range of e-motion titles on display will be over 20 Cashline casino games.
IGT Shares bounce back as profits rise once again
US slot giant, International Game Technology, has seen its quarterly profit rise by 94 per cent as it generated record cash flow from operations over the last three months. Net income in its fiscal fourth quarter rose to US$10S.4m, from $S4.3m a year earlier, which included costs such as early retirement of debt and a tax adjustment. "We generated record cash flow from operations and returned $S520.6m to shareholders in the form of share repurchases and dividends," Chief Executive TJ Matthews said in a statement. "We achieved record gaming operations, revenues and our international operations delivered another record-breaking year in terms of revenues, operating income and machine shipments." he said. IGT owned and operated gaming machines in several casinos along the US Gulf Coast that were shut down by Hurricanes Kamna and Rita. The closure of Gulf Coast area casinos in the wake of the hurricanes negatively impacted operating income results by about $14.9m, pretax, the company said. In addition, the I company's sales pace has slowed this year after a period of strong growth when casinos switched from older coin-based slots to ticket-in ticket-out
* Newburg takes the VendingData reins
Mark Newburg, who had previously served as executive Director of Las Vegas-based Vending Data, has been appointed as President and CEO. “The company will initially focus on the table game market where we expect to execute a coherent strategy to establish a reputation for quality products and service, while commercializing on our current product portfolio and quickly bring to market our recently acquired products,” said Mr. Newburg. “We plan to further enhance our sales effort with industry-leading distribution partnerships and we will continue to introduce additional table game products.”
UK arcade group, Talarius, continued its acquisition trail last month with the £19m purchase of Blackheath Leisure. "A very satisfying outcome to one of the longest commercial courtships in the industry" is how Nick Harding, CEO of Talarius plc described the 'company's acquisition of Blackheath Leisure (Carousel). The deal was announced to the London Stock Exchange on November 8, and takes Talarius aggregate spend on acquisitions over the last four months to £30m. "I have been chasing this business personally for over 15 years and have lost count of the number of lunches it's taken to convince principal Alan Hunt to realize the value of his estate,” commented Mr. Harding. “We are delighted to have completed this strategically important acquisition.”
Money Controls is to join its partner C.A. T.S. (Casino & Amusement Technology Supplies) Russia for a second appearance at Eastern Europe's biggest gaming trade show. EELEX provides the ideal platform for Money Controls and C.A. T.S. Russia to show the latest high performance products for secure automated transactions, ideally suited to Russia's fast developing gaming market. Money Controls is unique in the fact that it supplies the complete range of products and solutions for all types of cash payment systems in the gaming and amusement markets -offering first class global training and local support second to none, with a rapid and pro-active generation of note tables at dedicated regional centres. Visitors to the C.A. T,S. stand will learn how Money Controls' market-leading products and C.A. T.S.’ distribution expertise give Russian OEMs and operators access to unrivalled product solutions, backed up by unbeatable customer service and technical support, provided by local personnel. C.A. T.S. Russia supplies the full range of Money Controls' products for total gaming solutions, including Artic 5, a proven, self contained bill and barcode ticket acceptor with a cassette stacking system.