“We started with the simplest explanation of the idea - a jackpot without the need for liquidity. We knew that we had to get a lotteries and gaming licence to secure the insurance contract, which we needed for the investment, which was needed to fund the first two parts. It's a vicious circle, but we had to start somewhere. We began by pitching the idea to 15 investors, with 13 agreeing to finance us, which was amazing in itself.” Nick Lynes, Topjack Gaming - Pg 42
Contents JUNE 2012 Jackpot men
How do you beat low liquidity, seed a jackpot without cost and offer a multi-million jackpot without risk? page 42
RANK PREPARES GALA GROUP TAKEOVER- paGe 22
aspers plan closure Aspers looks set to close casino in Swansea despite small licence plans
paGe 9
revel under-performs Revel underwhelms by reaching number eight spot in Atlantic City
paGe 24 ALIVE AND CLICKING AT MARYLAND LIVE! - paGe 33
Bally eBs forGes ahead Bally implements systems and games at Pennsylvania’s new Valley Forge
paGe 10
castles in the sand Yarmouth council awards large casino licence tender to Pleasure Beach
paGe 26
NEW PATH ON GERMANY’S STREETS - paGe 38
BLOOMBERRY SEEKS TO RE-IPO Entertainment City developer seeks to raise US$200m - pg 30
CYPRUS FORGERY CLAIMS Cratos accused of falsifying loan documents - pg 35
ho tram still on track - p37
CHINESE TAKE-AWAY - OEM OUT-SOURCING - paGe 46 June 2012 PAGE 3
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