Wednesday, May 15, 2013

news.casinolife

news.casinolife

Hialeah Park’s New Casino Selects FutureLogic’s GEN2 Universal™ Printer

Posted: 14 May 2013 11:09 AM PDT

 

 

GLENDALE, CA — May 14, 2013— FutureLogic, Inc., the world's leading developer of innovative ticket printing and couponing solutions, announces today that its GEN2 Universal™ printer has been chosen as the exclusive printer for all gaming platforms in the Hialeah Park's new casino, located in Hialeah, FL. The historic race track which opened in 1925, is set to open its 90,000-square-foot casino this summer with 882 slot machines and 22 Poker tables.

"Having worked closely with the FutureLogic's sales and technical teams at my previous positions, I'm confident that in addition to providing excellent support, FutureLogic clearly offers leading-edge technology printers which will assist us in delivering superior customer service on our casino floor." said Steve Calabro, Vice President & General Manager of Gaming Operations at Hialeah Park. "Their reputation as the provider of high-caliber products and services, factored into our decision in selecting the GEN2 Universal printer for our new casino."

"We are pleased that the executive team at Hialeah Park Casino recognizes our commitment to delivering the best-in-class printers," said Nick Micalizzi, FutureLogic's VP Sales & Marketing, North America. "Looking ahead, as Hialeah Park looks to expand their resort's marketing plans, the GEN2 Universal presents a seamless solution with our PromoNet promotional couponing solution."

Ready for promotional couponing, the printer can provide operators with separate and secure processing environments for both TITO and promotional couponing. Moreover, equipped with a 50% larger standard ticket capacity, the GEN2 Universal™ printer can save operators up to 20 refills or $200 per printer annually. Further reducing costs, the unit eliminates paper waste by consuming the ticket stack down to the last ticket. The GEN2 Universal printer is server-based ready, supports both SPC (IGT) and GDS protocols and can be configured to communicate with multiple hosts simultaneously, such as RS-232 or Netplex, and USB protocols.

About Hialeah Park Casino Hialeah Park is currently undergoing a major transformation which will bring a gorgeous new casino and will revitalize one of South Florida's gems. Hialeah Park's renovation, which is just Phase 1 of a bolder future plan, will showcase a casino that will house 882 slots, electronic blackjack, electronic roulette, 22 poker tables, 3 domino tables along with a variety of lounges, cafes and restaurants. Construction crews are currently working around the clock to unveil the casino this summer.

About FutureLogic, Inc. Founded in 1983, FutureLogic is the leading developer of innovative ticket printing and couponing solutions to gaming technology providers and operators around the world. As the premier supplier of super-robust thermal ticket printers to the global gaming industry, FutureLogic has shipped more than 1.5 million printers for casino gaming, video lottery, AWP, LPM, SWP and kiosk applications worldwide. Headquartered in Glendale, CA and with offices across North and South America, Europe, Asia and Australia, FutureLogic's sales and engineering teams are ready to provide direct support and local knowledge for manufacturers and operators around the world. For more information or to contact us, please visit futurelogic-inc.com.

 

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Topjack Games and PlanetWin365 Team Up 14 May 2013 (MALTA)

Posted: 14 May 2013 04:01 AM PDT

14 May 2013 (MALTA)  It's another huge win for jackpot game innovators Topjack Games this week, as the ink dries on a new partnership with major international betting platform PlanetWin365.

PlanetWin365 can now offer its players the Topjack Games suite of guaranteed jackpot games, including slots, roulette, keno, instant lotto, bingo, video poker, and scratch cards. All the games offer life-changing jackpots, insured by a Lloyds of London broker.

Recently nominated for two eGR B2B awards, the deal with PlanetWin365 is another big  announcement to come from the Topjackgames.com camp.

"We are absolutely over the moon to sign this deal with PlanetWin365. It's a fabulous brand and the perfect partner for Topjack Games. As well as enjoying a fullsuite of sports betting options, PlanetWin365 players will now be able to play for guaranteed multimillion dollar jackpots," said Topjack Games CEO Nick Lynes.

"It's taken us more than four years to get where we are.  In this time, we have secured deals with charities, leading poker networks, world known casino brands. The PlanetWin365 partnership and the eGR gaming awards nominations are proof that we are doing something right. It's great for the team here to get the recognition it deserves," he said.

PlanetWin365 CEO Paolo Tavarelli said: "This deal with Topjackgames.com represents a great opportunity for us and for our customers. The guaranteed  jackpot games are a very attractive proposition for us, adding more value to our product. Offering customers the chance to play for a multi-million dollar jackpot on all game types not just on slots, without needing to provide the  player liquidity, makes great business sense. In Topjack Games we didn’t only find only great skills, but also great projects and human values.”

"Everyone at Topjack Games has been very professional. Integrating the games has been simple and straightforward. I look forward to seeing the reaction from our players," he said.

Topjackgames.com continues to release new games with ever increasing jackpots. The innovative gaming development company is now allowing partners to use player loyalty points as real money currency.

With more than a dozen new online slots in development, including a new 3D video slot, the future for Topjack Games is looking very bright. Watch this space.

About Topjack Games Topjack Games is a next generation e-gaming supplier offering both players and partners access to multi-million instant win jackpot games that do not require player liquidity or jackpot seeding.  Insured by Lloyd's of London, and licensed with the Malta Lotteries and Gaming Authority, Topjack Games is redefining the online and offline jackpots landscape for the 21st century.

Corporate website: topjackgames.com Games demo website: lovejackpots.com

 

CODERE RECORDS SALES OF €397.6 MILLION IN FIRST QUARTER OF 2013

Posted: 14 May 2013 03:20 AM PDT

 

 

Madrid, 14 May 2013. The CODERE Group, a leading Spanish multinational in the private gaming sector, today announced consolidated earnings for the first quarter of  2013 (1Q13).

Sales reached €397.6 million, 1.4% less than in in the same period in 2012, mainly due to the fall in revenues in Argentina and partially offset by growth in Mexico and Italy.

Gross Operating Profit (EBITDA) amounted to €62.1 million, in line with EBITDA guidance of €60-€63 million, reflecting a decline, particularly, in Argentina and Italy, and growth in Mexico and Spain.

The net result was a loss of €20.9 million.

Investments in the first quarter totalled €14.6 million, of which 6 million correspond to maintenance and 8.6 million to growth initiatives.

The growth in the number of gaming machines was concentrated in Italy and Argentina, although the total number of gaming machines fell 2.1% to 54,007 due to the rationalization of the stock in Spain and the temporary closure of gaming halls in Mexico.

International activity

In Argentina, sales reached €147.8 million, down 7.9%, and EBITDA totalled €27.4 million, 41.7% less than in 1Q12, mainly due to the implementation of the smoking ban since October 2012 and the depreciation of the local currency against the euro.

In Mexico, sales rose 3.6% to €104.8 million, mainly due to the consolidation of the operations acquired from ICELA. During this quarter some casinos have been temporarily closed, which resulted in a decrease in the number of terminals of 15.3% compared to 1Q12. Additionally, the average fell slightly (-0.8%). Despite these incidents, EBITDA increased by 20.1% to €26.9 million and the operating margin increased from 22.1% to 25.7%.

In Italy, sales rose 4.5%, to €67.6 million thanks to the growth in owned terminals (as a result of the acquisition Dalla Pria Services) and third-party machines connected to the network. EBITDA decreased to 6.6 million in response to higher gaming taxes on VLT, the deterioration of the bingo business and decline in daily averages on VLT and AWP machines, factors arising from the decline in private consumption as a result of the country’s economic recession.

In Spain, although total sales declined 2.3% to €38.5 million due to a reduction in average daily revenue per machine as a result of the fall in consumption, it is important to highlight the growth in revenues from the sports betting business as a result of the increase in the number of retail outlets and the increase in revenues in these premises. At the close of the quarter we operated a total of 1,031 betting shops, 46% more than the same period last year thanks to the deployment of this business in Galicia and Valencia. Thanks to a reduction in expenses, EBITDA increased from €2.7 to €5.1 million, and the operating margin jumped to 13.2 from 6.9% in the first quarter of 2012.

1Q13 Milestones

In March, CODERE inaugurated Sofitel Montevideo Hotel and Casino Carrasco in Uruguay, a National Heritage building, the rehabilitation and operation of which is managed through Carrasco Nobile, a consortium led by Grupo CODERE. This Hotel Casino, which holds an operating license for 30 years, has established itself as a benchmark in Latin America and has 116 rooms, 405 gaming machines and 23 casino tables.

In Spain, CODERE Apuestas, through Grupo COMAR, launched sports betting group in Galicia, where the company will operate through 333 businesses in the hospitality sector and 18 gaming facilities, in addition to specific betting shops. The company is the current market leader and the only company operating in all regions with regulated gaming: Madrid, Basque Country, Navarre, Aragon, Valencia and Galicia.

The company also participated in several key events for the industry during the quarter. The CODERE Foundation sponsored 2nd edition of the Course “Prevention of money laundering and terrorist financing”, organized by the Autónoma University of Madrid, and presented new publications on the gaming industry (Anuario del Juego, el Código del Juego and En torno al juego de azar) in a event chaired by the Secretary of State for Infrastructure, Transport and Housing of the Ministry of Development.

The company also participated in ICE 2013, a leading trade fair in London, through various presentations and panel discussions related to gaming.

The CODERE Group CODERE is a Spanish multinational group and a key player in the private gaming sector in Europe — Spain and Italy– and Latin America — Argentina, Brazil, Colombia, Mexico, Panama and Uruguay.. The company, which employs more than 21,100 people, is the only company in this industry that is publicly traded in Spain. Codere currently operates 54,007 gaming machines, 178 gaming halls, 1,206 sports betting points, participates in the management of 4 horse racetracks and develops online games in Italy, where it holds the appropriate licenses.

NOTE: 1Q13 results available on www.codere.com

 

 

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