Euroslot-MAY09-PG06-12:Layout 1 24/04/2009 16:14 Page 8
INDUSTRY NEWS www.euroslot-online.com
TouchTunes merges with Victory
T
ouchTunes Corporation, one of the largest out- TouchTunes provides innovative solutions to more
of-home interactive entertainment networks in than 38,000 bars, restaurants, retailers and other
America, and Victory Acquisition Corp. a specified businesses in North America. Its TouchTunes digital
purpose acquisition company, have signed a definitive jukeboxes are an industry leader and play more than
merger agreement. 700 million songs annually—second only to Apple’s
Pursuant to the agreement, Victory will acquire iTunes in providing digital music.   Its newly
TouchTunes for 33 million shares of Victory stock. introduced Barfly interactive television entertainment
Victory also will assume up to approximately $40 network is designed to allow advertisers to capture
million in net debt. TouchTunes stockholders will also the coveted 21-34 year old demographic with its
be eligible to receive up to an additional 9.5 million innovative screen-within-a-screen system.
shares based on the achievement of certain future TouchTunes’ PlayPorTT   portable broadband
EBITDA (Earnings before Interest, Taxes, Depreciation, entertainment systems have initially targeted national
and Amortization) targets over the next five years. restaurant chains for its family-friendly series of over
The combined company will operate as 50 proprietary video and electronic games. base, and rapidly roll-out the Barfly and PlayPorTT
TouchTunes and is expected to trade publicly on the TouchTunes expects to have 1,500 PlayPorTT units product initiatives,” said William Meder, TouchTunes
NASDAQ Stock Market or another national stock deployed by the end of the second quarter of 2009. Chairman and Chief Executive Officer. “Our 38,000
exchange. Its corporate headquarters will remain in “We are excited about the merger with Victory locations generate over three billion consumer visits
New York and its main Canadian offices will continue because it will allow us to access significant equity annually providing advertisers with exceptional
to be based in Montreal. capital to leverage our existing installed customer opportunities to interact with consumers,” he added.
Chris' charity ride Schloh settles at Bally
S
ound Leisure’s Chris Black is
planning to cycle 140 miles with R
einhard Schloh has joined the Bally Wulff Entertainment team. His chief task is
the integration of the Versus product line – above all the Versus Speed mini-
colleagues and friends – along the length airhockey – into the Berlin AWP manufacturers’ product portfolio.
of the Leeds to Liverpool canal in aid of As the manager of NordicCC, Schloh will integrate NordicCC’s product line into
the Teenage Cancer Trust. Bally Wulff Entertainment; subsequently he will devote himself to his new tasks at
The sponsored cycle will set off on May Bally Wulff. As the new export manager, he will be in charge of marketing the new
22 and is the latest fund-raising effort on play4pro poker table in Bally Wulff’s export countries, and he will also be responsible
behalf of Sound Leisure for the Teenage for the full export range of payout machines, especially in Spain.
Cancer Trust, which Sound Leisure has With this he will relieve some of the duties of Bally Wulff’s managing director Tim
chosen as its official charity of 2009. Wittenbecher. Schloh already made his debut at London’s Intergame Expo in January.
Last year, Sound Leisure agreed to co-sponsor jukeboxes for each of the Since the IMA 2009, Versus Speed has become an integral part of Bally Wulff
ten new specialist £2,000,000 units that the charity is aiming to build Entertainment’s product portfolio, which pays a lot of attention to young customers.
nationwide. So far, four machines have been delivered and the rest will be Versus Speed, however, also appeals to the kids’ parents – cheerful matches can be
sent once the units have been completed. seen everywhere in arcades.
The jukeboxes are a wonderful way of creating a more informal and An area of only 2.5 m2 (including the required
relaxed atmosphere on teenage wards. A recent patient at the newly space for two players) is sufficient for the small
opened Sheffield TCT unit commented, “Stepping from a ward onto the version of the new Versus Speed compact hockey
Teenage Cancer Trust Sheffield Unit is like moving from a hospital, into the machine. With a surface area of 162x120 cm, this
corridor of a relaxed hotel or a friend’s house – some of the snug doors machine fits into almost every pub, waiting
are open and music filters out, making the atmosphere seem far more lounges at shopping centers, train stations
youthful, friendly and relaxed. Being treated in this environment helps to and other public spaces with a high ratio of
break down the barriers and dispel the feeling of isolation – something potential customers.
that is only too apparent on an adult ward.” Its weight of 167
Teenage Cancer Trust estimate that with the units currently around the kg allows easy
UK, only half of the teenagers diagnosed with cancer now have access to transport, and
this dedicated, specialist support. Teenage Cancer Trust’s aim is to build Versus Speed also
enough units so that, by 2012, every single teenager with cancer will be has a superior
treated on one. technical quality, a
“There’s never a good time to get cancer, but for a teenager the timing standard
seems particularly cruel. Young people can get some of the most rare and requirement for all
aggressive forms of cancer. The emotional upheaval of adolescence can Bally Wulff products.
make a cancer diagnosis even harder to cope with,” says Chris Black.
If you would like to support Chris and the work of the Teenage Cancer
Trust, please contact chris.black@soundleisure.com for sponsorship details
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