Progressive surge in systems
Progressive online poker Gaming continues on track towards its complete systems solution strategy
Despite reporting a net loss in its last quarter, Progressive Gaming International remains on course to fulfill its core strategies, with a 18 per cent rise in systems revenue and overall net growth for 2005. President and Chief Executive Officer Russ McMeekin stated: "The strong year-over-year growth in our systems revenues is the result of our continued focus to transform this segment of our business into the foundation for our future. The customer response from the G2E was very positive, and is being reflected in the rapidly building pipeline of both customer orders and opportunities for our key growth initiatives; the Intelligent Table System and server based wagering. Our newest table game, Texas Hold 'Em poker continues to show strong performance, and should accelerate now we have approval in Nevada." Mr. McMeekin continued: "We have been extremely active this year on transactions and opportunities that are solely focused . on profitable future top line growth. We completed the acquisition of VirtGame in November, which is the foundation for our central server-based wagering initiative. We are in the process of acquiring EndX, having signed a definitive agreement in the third quarter.
We recently received clearance from the regulatory authorities in the UK. This important transaction, which is expected to be immediately accretive, will provide ProgressiveGaming us with a fully integrated casino International's management system, plus a strong entry President and CEO, into the UK, one of the key growth Russ McMeekin. markets in gaming worldwide. We acquired the exclusive worldwide rights in gaming for the use of Magellan's high speed RFID readers and tags, plus agreed to the acquisition of a minority stake in this world class technology organisation. We believe these transactions and other supporting initiatives and activities will be the catalysts for the significant growth expected in our top line for years to come. All of these initiatives are meeting or exceeding our original plans for progression. Together, these significant investments and our management team are focused on the key growth markets in the gaming industry worldwide."
Sensational EELEX is the promise from organisers
* Photo Play Finnish No.1 in tournament
Pelika net Oy recently organized and hosted the first Finnish National Photo Play Championships. Over 60 players qualified in advance for the finals event, arriving in Helsinki from all over the country to play in one of the capital’s coolest discotheque locations. 50 terminals were set up and play continued until the early hours of the morning. As in all events of this kind, the Touch of Sports ethos of ‘Challenge, competition and honour’ was evident, but the main focus was on the community spirit that is Photo Play’s strongest asset. Even the thrilling final rounds during which players battle for success did not change this and the atmosphere was fantastic throughout. Finnish players are among the best in the vast Photo Play community, and are particularly strong and enthusiastic in the area of quiz games.
Visitors to the Electronolo’s stand at Enada in Rome recently were treated to a unique display of Barcrest Games video developments in a specially designed ‘cinema’ at the show. Designed to demonstrate the Group’s expertise in designing video games for a variety of markets, the ‘screening’ included clips from Italian Jackpot Saloon, which was also present at the show in a choice of two cabinet styles to suit different locations. Also at the show were two reel-based games, Hot Stuff from Barcrest Gaes and Demon Reels, the first Italian product designed by the red - hot gaming team.
Some 330,000 to 400,000 Greek Cypriots are reported to have visited casinos in the Turkish occupied north of Cyprus, a study by the government tourist office has shown. The results of the survey, commissioned by the Cyprus Tourism Organisation, has prompted its chairman Photis Photiou to push through for a decision on a casino in the Greek Cypriot areas ‘within 2006’. “It is imperative that we have quality casinos in the free areas to serve the tourists and families, not like the gambling joints that operate in the north,” he said. Mr. Photiou concluded that a feasibility study is expected to be submitted to the CTO by the end of this year.
Mario Hoffmeister, who has worked for Gauselmann AG in Espelkamp, Germany, as a PR Manager since 2002, has been appointed Deputy Communications Director. In this position he will support the Manager of Corporate Communications, Robert Hess. Mr. Hoffmeister had worked previously for several years as a scientific associate and office manager of the CDU members of the BUnestag Jurgen Sikora and Dr. Hans Georg Faust in Bonn and Berlin. He is actively involved in politics in the municipality and he is also a member of the Land executive of the CDU in Braunschweig.
Atronic has appointed Zane Reynolds in the new poison of Regional Sales Manager for Asia. Mr. Reynolds will be based in Macau and is to work closely with Atronic’s Asian distributor RGB to further raise the profile of the company in this rapidly expanding gaming market. Key responsibilities will include providing sales, marketing and product support to RGB as well as the strategic technical support. Furthermore Mr. Reynolds will support the company with analyzing market product requirements.
Holland casino’s Tournamania
Atronic Systems' new gaming concept, Tournamania made its debut in January at ICE 2005 and was signed up on the spot by Holland Casino. Their location in Utrecht is now the first customer of Atronic Systems in Europe to offer Tournamania to its players. Holland Casino Utrecht has not only installed a dynamic system, but also embraced the entire marketing concept of Tournamania. Having installed Tournamania on 12 e-motion machines with the newest games from Atronic in their Weekend Zone, they run hourly tournaments during the weekend. With a carefully selected number of casino staff trained as Tournamania animators to announce and host the tournaments and to immediately reward the winning players, Holland Casino Utrecht understand how to use Tournamania as an effective marketing tool. They also not only pay an amount of money to the top player of the Tournament but also reward the two runners-up with smaller prizes. Tournamania, using Atronic Systems Crystal Web floor network is a competitive concept based on the idea of slot tournaments, which can run at preset times for a configured duration: During that time the players have to accumulate as many wins as they can.
The ever- changing ranking of the top eight players is permanently displayed on an overhead plasma or Tiff screen adding to the excitement of the tournament. Tournamania went live in Utrecht at the beginning of October and immediately hit the right tone with poker players filling the machines constantly throughout the weekend. Raymond Wingen, Product Manager Slot Machines, in Utrecht explains that they did not install Tournamania with the foremost goal to increase the revenue, but much rather to create excitement in the casino and to reward players for the business they bring to the casino. "There is never an empty chair left, as soon the Tournamania announcement starts," said Mr. Wingen. "We even see that guests are gathering round the Tournamania carousel to follow the competition as spectators, all hoping for a seat when the next tournament starts." Atronic Systems Regional Sales Manager, Alex van den Brul was involved in the project from the start: "Tournamania is really the perfect product for casinos worldwide. The players seem extremely taken with the tournament concept and every hour that a new tournament starts, all seats are filled with other players waiting impatiently for their turn. This proves to the casino operators that Tournamania assists in increasing revenue and draws more players to the slot machines,” said Mr. van den Brul.