Caesars to Install 200+ Skill-Based Slots
Caesars Entertainment and Gamblit Gaming have signed a multi-year agreement to place Gamblit’s innovative skill-based gaming solutions
Caesars will be the first casino operator to bring Gamblit’s innovative, skill-based gaming positions to market.
US CASINO INSTALLATIONS
Beginning in October, Caesars plans to bring Gamblit’s Model G and Tristation positions to Southern California, and install positions in Caesars’ Nevada properties and other markets shortly thereafter. Te companies expect these to be the first skill games and positions to hit the California and Nevada markets.
Caesars and Gamblit plan to debut the positions at Harrah’s Rincon in Southern California. Each gaming position will contain multiple themes and cutting-edge skill-based games, including a Match 3 game and word matching game. Future releases on Gamblit’s gaming positions include popular “gamblified” versions of hit #1 smash video games Catapult King, which gained over 35 million downloads, and Into Te Dead, which has over 60m downloads.
Te new games will be available on Model G interactive tables and Tristation gaming stations in dedicated entertainment spaces at destinations owned or operated by the Caesars group of companies.
US
Galaxy Gaming has seen a 14 per cent revenue increase in its results for the three and six months ended June 30, 2016. Total revenue for the second quarter 2016 increased 14 per cent to $3,064,171, over the same quarter 2015. Tis increase is primarily due to additional placement of premium games and expansion into new territories. Between the second quarter 2016 and first quarter 2016, total revenues increased three per cent to $3,064,171. Tis increase was recognized in all categories of products, with premium games netting the largest gains.
Robert Saucier, Galaxy’s CEO, said: “Te seeds for growth we previously sowed are now being harvested. As evidenced by this record-breaking quarter, our core business continues to build, thus enhancing our ultra-high margin recurring revenue stream. Tis performance allows us to continue to pay down our long-term debt whilst reinvesting for further growth.”
Caesars also plans to field trial Gamblit’s positions in its Nevada properties, including Las Vegas, pending regulatory approval. After the field trial, Caesars anticipates deployment of 125 Gamblit gaming positions into multiple Nevada properties. Caesars and Gamblit hope to introduce more than 100 positions into additional markets beginning in early 2017 and expand the presence of these games across the Caesars network.
“Our agreement with Gamblit and the introduction of their skill-based gaming positions to our casinos are key milestones in our gaming innovation strategy and demonstrate progress towards creating the ‘Casino of the Future,'” said Mark Frissora, President and Chief Executive of Caesars Entertainment.
“Caesars is proud to be first to bring these innovative games to our customers, and we plan to make skill-based games an increasingly important part of the gaming floors.”
Paysafe acquires affiliate technology provider Income Access
Canada
Paysafe has expanded its product capabilities by acquiring Income Access Group, an affiliate technology business for a cash consideration of CAD$40m (US$30m).
Paysafe President and CEO Joel Leonoff said: “By adding Income Access’s affiliate technology to our product suite alongside our Skrill and NETELLER brands and deepening our merchant relationships, this transaction delivers on Paysafe’s strategic objectives to provide relevant payment solutions that serve the evolving needs of our
merchants. Income Access is an excellent fit for our business. Tis acquisition will help to extend our leadership position in niche-orientated payment solutions as we add value for our merchants and redefine the role of a payments provider,” Leonoff said.
Lorenzo Pellegrino, divisional CEO at Paysafe and responsible for the Group’s flagship Skrill and NETELLER brands, said: “We are always looking to enhance the breadth of our product offering. By integrating Income Access’s industry-leading expertise within our business, we both expand our global affiliate network and embed our payment capabilities more deeply into the merchants we work with.”
Income Access Founder and CEO Nicky Senyard (above) said: “Our technology and global affiliate network, combined with Paysafe’s payments offering, creates a winning combination for the benefit of our existing and new partners.”
US – The Bahamas Government of Prime Minister Perry Christie has confirmed that agreements are now in place to complete the stalled US$3.5bn Baha Mar casino resort at Nassau’s Cable Beach with government officials aware of who is trying to buy the project. Baha Mar ran into problems almost two years ago towards the end of its construction when its owners attempted to put the project into administration. Baha Mar’s original developer Sarkis Izmirlian reacted angrily to the news that EXIM would be involved saying ‘they were the reasons Baha Mar failed to open on time by not completing construction.’
PM Christie said however: “The Export-Import Bank of China has committed to funding the costs to finish the project, and the general contractor, China Construction America -CAA (Bahamas), a division of China State Construction Engineering, will complete the outstanding work. EXIM will pay a significant part and possibly all of the project’s outstanding debt, including workers’ unpaid salaries, severance pay and accrued vacation pay.”
The Prime minister led a delegation to London at the start of September to meet with the anticipated buyers. Whilst no one has been named, Genting has been strongly linked with Baha Mar.
US – Interblock has completed a hat trick of appointments to strengthen its North American team with Jennifer Saragnese, Rick Riehm and Mike McKiski all joining the company.
Sales aficionado Mike McKiski joins as Vice President of Sales for Western United States where he will oversee sales strategies in order to grow the company’s revenue in Nevada, Oklahoma, California, Texas, New Mexico, Arizona, Colorado, Wyoming, Idaho, Oregon, Montana and Washington.
Rick Riehm joins as Vice President of Sales for Eastern United States. He will be based in Chicago and will be responsible for the sales revenue for the eastern half of the US, including managing existing and additional Account Executives. Mr. Riehm brings over 25 years of sales and marketing experience to Interblock. Most recently, he served as Vice President of Sales for its Eastern division for WMS, now known as Scientific Games, where he led a sales team responsible for over $200m in revenue.
Jennifer Saragnese meanwhile joins as Director of Customer and Player Service. Saragnese where she will oversee Interblock’s global marketing strategy team from the company’s corporate office in Las Vegas, Nevada, focusing on customer service and account management for all of Interblock’s existing customers. This team is a new addition to the Interblock organisation.
NEWSWIRE / INTERACTIVE /
247.COM P27 NORTH AMERICA
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