G3-247 Report ICELAND
“IGT has grown with UIL every step of the way, not only in the number of units that we provide, but also in the breadth of products. We have a full system deployment including Casinolink EZ-Pay, sbX Media Manager and sbX Floor Manager in addition to 100 percent share of video lottery terminals.
to 1972 when the Red Cross received permission to operate a ‘tikallakassa’, a coin game from Finland’s RAY, and the profit at the time went towards the operation of the ambulances.
In 1980 the Red Cross plus two other organisa- tions which had joined, SAA and ICE-SAR group, received sanctions from the government to run similar games. In 1990 these organisations all joined forces and in 1994 the company was for- mally established and in 2003 it changed its name to Islandsspil.
Islandsspil is an operating company which raises funds for three main associations – The Red Cross which receives 64 per cent share, ICE-SAR which is a search rescue and accident prevention associ- ation which receives 26.5 per cent and SAA which is a health care service treating people with alco- hol and drug problems which has the remaining 9.5 per cent.
The company operates its machines under the 73/1991 gaming machine act and regulation of gaming machines 320/2008.
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The revenue from these games is the main source of income for the Red Cross. In Iceland the Red Cross has 50 operating divisions and some 4,000 volunteers
The gaming machines can be located in public places from shops, kiosks, restaurants, bars, supermarkets or fast food outlets and there are different rules depending on the location. Minimum age to play is 18 years. These games are stand alone VLTs and are not operated with pro- gressive jackpots unlike the VLTs operated by the University of Iceland. The VLTs can be sited at:
• Retail/café outlets and the price of play is IKR10-150 and maximum payout is IKR10,000 with an average of 92 per cent payout in tickets.
• Other places (those serving alcohol) and price of play is maximum IKR300 and the maximum payout is IKR100,000 with a 92 percentage pay- out and ticket or coin payout.
The first machine to be introduced was called the Tikal Box IRC and has since been followed by
“As UIL is limited on the number of machines that it can have on its floor, it is critical that they have a clear understanding of floor performance and player preferences. To achieve that, IGT provides a variety of systems products including sbX Floor Manager and Analytics. These products help UIL better understand players and the content they desire, while simultaneously maximising efficiencies and consolidating floor operations.” Sabby Gill, Senior Vice President, International Sales, IGT.
various models manufactured in the past by Bell Fruit, Atronic, Spielo and WMS. Games can accept coins of Kr1, Kr2, Kr5, Kr10, Kr25 or Kr50 and game time is no less than two seconds.
Income for these games is declining in part due to the recession and increasing online play. It is said
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