Latest Gaming News
Zitro surpasses itself with each new launch, and this was confirmed by the guests at the Zitro Experience, for whom Johnny Ortiz Viveiros, founder of Zitro, has nothing but words of gratitude "I feel very fortunate to have met with our customers and friends at our Zitro Experience event this year. It has been a meeting in which we have shared with all of them special moments and in which we have demonstrated, once again, our commitment to make Zitro a global leader in the Gaming industry".
Zitro Experience Mexico has reaffirmed itself as an unmissable annual event that has already become a reference in Mexico, bringing together the country's most important gaming operators around incredible products, good food and the best music.
The new agreement will see Zitro Digital’s most successful land-based games integrated into CasinoEngine, EveryMatrix’s iGaming Integration Platform.
This new partnership expands Zitro Digital’s presence in the online gaming industry and reinforces its mission to offer high-quality content to operators seeking exceptional player experiences. Players will be able to enjoy popular Zitro Digital titles such as Link King, Link Me, and its video bingo game library.
“We welcome Zitro Digital’s games portfolio on our CasinoEngine platform. Through this partnership, we will offer our clients a few new games with proven performance. We are looking forward to a long-lasting and successful partnership”, said Amund Stensland, COO of CasinoEngine at EveryMatrix.
“We are excited and optimistic about our new partnership with EveryMatrix. It’s a great opportunity for Zitro Digital to expand its online business worldwide, and we look forward to integrating more game titles soon”, added José Javier Martí, COO of Zitro Digital.
Jaime Aníbal-Álvarez, Zitro’s Director of Casinos Spain, said: “We are delighted that Casino Peralada’s customers can also enjoy our latest novelties. We are grateful to Casinos Grup Peralada for trusting us once again, adding Wheel of Legends to the already important list of Zitro products in their casinos”.
Tennessee marks the fourth state where IGT and SuperBook Sports have teamed up to deliver a performance-driving sports betting solution. SuperBook Sports is currently leveraging IGT PlaySports technology to power retail and mobile betting in Colorado, and mobile betting in New Jersey and Arizona.
"Over the last two years, IGT PlaySports has played a strategic role in helping SuperBook Sports engage sports fans across the U.S. and achieve our growth goals," said Jay Kornegay, SuperBook Executive Vice President. "We're excited to bring the SuperBook Sports mobile betting app to Tennessee and to introduce players throughout the State to our signature promotions and highly competitive, localized sports betting offering."
"Given SuperBook Sports' roots and legacy in Nevada, we've had an opportunity to watch the enterprise grow from a single, iconic location in Las Vegas, to a growing multi-state sportsbook operator," said Joe Asher, IGT President of Sports Betting. "The IGT PlaySports-powered sportsbook that SuperBook Sports created for Tennessee can scale for any market opportunity and evolve in parallel with player preferences and behaviors."
IGT was recently named Sports Betting Platform Provider of the Year in the 2021 SBC North America Awards. IGT's sports betting footprint spans 20+ U.S. states and into Canada.
Everi was named to the Nevada Top Workplaces list for the second consecutive year, with this most recent recognition marking a total of 10 "Top Workplaces" awards over the past year. In 2022, Everi earned four "Culture Excellence" awards from Top Workplaces and was named to the prestigious category of "Top Workplaces USA 2022." In 2021, the Company received the "Greater Austin Top Workplaces 2021" distinction from The Austin American-Statesman. It also earned national plaudits, winning two Top Workplaces 2021 Culture Excellence Awards for "Direction" and for "Remote Work". Everi's India offices also received an annual certification as a "Great Place to Work®" from the Great Place to Work Institute in India, which is based on positive employee feedback gathered through an independent employee engagement survey.
"We are honored to be recognized again for our diligent work to create a positive company culture and shared values across multiple office locations in Nevada as well as with our talented team of remote employees," said Randy Taylor, Everi President and CEO. "As these awards are based upon direct feedback from our dedicated team members, they demonstrate the view of our workforce and serve to hold us accountable to live up to our core values and make Everi a unique place to work."
Issued by Energage, the research company with more than 16 years of experience surveying over 27 million employees at 70,000 organizations, Top Workplaces awards are based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization, including: alignment, execution, and connection, among others.
"Top Workplaces is a beacon of light for organizations as well as a sign of resiliency and impressive performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."
Zitro, faithful to its commitment to the environment and as a strategy of social responsibility and sustainability, has taken new measures to further reduce the impact of its carbon footprint; on the one hand, the implementation of an internal action plan in which the company has managed to reduce by 80% – compared to the previous year – its greenhouse gas (GHG) emissions from energy consumption in software and, on the other hand, has opted for collaboration with suppliers committed to the use of environmentally friendly materials in their manufacturing.
The carbon footprint refers to the amount of greenhouse gas (GHG) emissions generated, directly or indirectly, by the development of economic activities. Committed to improving day by day and reducing its environmental impact, the company has once again updated its carbon footprint calculation, analyzing the stages of its products’ life cycle: from the acquisition of raw materials, through manufacturing, transportation, use and waste management.
Zitro Laboratory has implemented new measures to reduce its ecological footprint with the creation and implementation of new sustainable policies, such as the organization and internal planning of energy consumption in the framework of product development, as well as the sourcing of raw materials from local suppliers for the manufacture of its products, which results in savings in energy used for transportation logistics, considerably reducing the carbon footprint.
Aware of the importance of the current global climate crisis, Johnny Ortiz Viveiros, founder of Zitro, said: “As a company we have a corporate social responsibility and at Zitro we always try to be one step ahead. Implementing policies that help protect the environment is part of our company philosophy, so we are committed to sustainable sourcing and prioritize suppliers thatengaged with emissions-improvement efforts. We encourage other companies to join new initiatives that promote the sustainable development of their business. Together we can offset our footprint and make a positive difference.
Zitro will hold its prestigious Zitro Experience event on June 9 in Mexico City, reinforcing its commitment to the region. This annual meeting has become one of the company’s most anticipated events of the year, where Zitro unveils its latest innovations to important operators in Mexico. As Johnny Viveiros Ortiz, founder of Zitro said: “Mexico will always be a key market for us and I am really looking forward to reunite with customers and friends, as well as sharing our new content coming to market”.
Zitro Experience promises a series of surprises and innovations that will demonstrate how operators can benefit from the brightest ideas and increase profitability though state-of-the-art gaming products. Among the novelties, Zitro will present more than 100 slot cabinets with a great diversity of games featured on the 4 different GLARE form-factors. As a pioneer in Video Bingo games, Zitro continues to innovate in this segment and will have a designated area with 40 games, each with exclusive features, in addition to promotional events, configurable by the operator.
“Over the past year we have focused on creating new and high-quality products that will revolutionize new concepts for both the video slots and video bingo markets. Innovation is the engine of our growth, and the entire team is excited to showcase our latest innovations”, concluded Johnny Viveiros Ortiz.
Zitro Experience Mexico 2022 will be the undisputed evidence of Zitro’s determination and commitment to become one of the global leaders in the gaming industry.
Company will install 960 high-performing Cobalt machines with player-favorite content
LONDON, June 7, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it will deliver 960 Cobalt™ 27 video lottery terminals (VLTs) to Manitoba Liquor and Lotteries Corporation ("MBLL"). This marks the first installment of IGT's high-performing Cobalt VLT in Canada.
"IGT's Cobalt VLT has gained positive momentum across the U.S., Latin America and Europe, and we are very excited to build on that success in Manitoba," said David Flinn, IGT SVP, Canada, South and Central America. "The Cobalt VLTs will feature market-attuned content, including the highly successful commercial game Temple of Fire Cash Eruption that has been specially adapted for VLT operators. These solutions allow MBLL to modernize its VLT gaming with best-in-class hardware and entertain players with engaging themes."
Debuting in Canada, IGT's Cobalt 27 VLT is expertly designed to fit operators' distinct needs. IGT's Cobalt 27 features two high-definition 27-inch screens, an optional 24-inch topper, integrated cabinet lighting and a static five-button player panel. It also has advanced ergonomics and a built-in USB charging port for ultimate comfort and convenience.
The new VLTs in Manitoba will feature top-performing IGT content such as Temple of Fire™ Cash Eruption®, Big City 5's™, Five Times Pay™, Power Keno™ and Double Double Bonus Poker™. VLT players in Manitoba will also have the chance to experience a new IGT brand-extension theme, The Wild Life Extreme™, that expands on the wildly popular original IGT game, The Wild Life™.
For more information, visit IGT.com, follow us on Facebook, LinkedIn, and Twitter, or watch IGT videos on YouTube.
The change will also align the company’s financial year with the financial year end of majority shareholder Novomatic AG, Ainsworth said via an ASX filing, helping reduce the duplication of processes and increase efficiencies of the company’s financial reporting.
The current 30 June financial year end aligns with the Australian financial year.
With the 2022 financial year coming to an end on 30 June 2022, Ainsworth said it will have a six-month transitional financial year beginning on 1 July 2022 and ending on 31 December 2022. From 1 January 2023, the company will then be on a 12-month financial year ending on 31 December.
The change in the financial year will require Ainsworth to lodge an annual financial report by 31 March 2023 and hold an Annual General Meeting (AGM) at a date yet to be determined.
The change comes after Ainsworth recently announced a profit after tax of AU$9.1 million (US$6.6 million) in the six months to 31 December 2021, reversing an AU$50.1 million (US$36.2 million) loss recorded 12 months earlier.
Zitro announces the arrival of 100 new Altius Glare to the gaming halls of the prestigious Caliente group. This agreement is completed with the important incorporation of more than 250 new GLARE cabinets, which are added to the remarkable amount of 1,200 installed in Mexican territory. The new star cabinet of Caliente Casino arrives with the new multi-game Wheel of Legends, which has a totally unprecedented graphic quality, with impressive visual effects and high-quality sound, among many other features that are making it a worldwide success.
In addition to the incorporation of Altius Glare, and the new GLARE Family, the alliance between Caliente and Zitro is reinforced with the installation of Megashare Lounge, the system of shared progressives by which, if a player wins the MEGA prize, all Megashare players win, which generates an extraordinary atmosphere in any gaming hall.
“We are very happy with Zitro’s novelties, the new Altius Glare cabinet really makes the difference and the Megashare progressive system fills our gaming halls with joy with its prize distribution, so our customers are happy with all these novelties,” emphasize the representatives of the Caliente group.
“At Zitro we think about our customers, the operators, and we create innovative products to increase the performance of their casinos. We are confident that the new GLARE Family and Megashare will be trendsetters among Caliente customers,” adds Johnny Viveiros Ortiz, founder of Zitro.
12 Tribes Colville Casinos COO Tony Posey spoke in an official press release about this new alliance and said: "Thanks to IGT we feel confident in our ability to provide our guests with an exciting and secure sports betting environment, and we look forward to opening our doors to sports enthusiasts soon".
No time frame was given when sports betting would be available at the 12 Tribes Colville Casinos.
The legalization of sports betting on all of the state's federally recognized Native American Tribes in Washington came in March 2020, after Gov. Jay Inslee signed the bill into law. Earlier this month, a DC federal judge decided to transfer to the Western District of Washington a lawsuit by cardroom operator Maverick Gaming accusing officials of allowing Native American tribes to hold a decades-old monopoly on gambling rights. Maverick’s lawsuit challenges Washington Tribes’ exclusivity on a number of gaming activities, including recently-legalized sports betting.
12 Tribes Colville Casinos operates the 12 Tribes Lake Chelan Casino in Manson, the 12 Tribes Omak Casino Hotel in Omak, and the 12 Tribes Coulee Dam Casino in Coulee Dam.
In October last year, 12 Tribes Colville Casinos announced new names for their properties in Omak and Manson. 12 Tribes Omak Casino Hotel, formerly known as 12 Tribes Resort Casino; and 12 Tribes Lake Chelan Casino, formerly known as 12 Tribes Mill Bay Casino, are now rebranded based on their locations.
As for IGT, it not only continues to grow in territorial terms, but also those conquered jurisdictions and verticals have translated their success into the company's recently released financial results for the first quarter of 2022, showing revenue of $1.1 billion in a 4% rise compared to the same period in 2021, driven by Global Gaming product sales.
The company also announced in May that it has recently signed a multi-product systems technology agreement with Harrington Raceway and Casino, in Delaware, to further optimize its gaming floor and player reward options through a variety of IGT solutions. Harrington Raceway and Casino will upgrade its gaming floor by deploying the latest iteration of the IGT ADVANTAGE casino management system.
Company signs long-term contract extension to launch its latest version of INTELLIGEN
LONDON, June 1, 2022 /PRNewswire/ -- International Game Technology PLC (NYSE: IGT) announced today that its subsidiary, IGT Global Solutions Corporation, has signed a 10-year contract extension with the Kansas Lottery to deliver an enhanced version of IGT's INTELLIGEN™ electronic gaming central system. The contract extension is expected to run through Dec. 14, 2032.
IGT's improved INTELLIGEN software will equip the Kansas Lottery with its most advanced systems technology to strategically manage its electronic gaming machine network, while providing its players with optimal gaming experiences. Specific features include sophisticated site controllers that will maintain network diagnostics and communications between all gaming machines, advanced business intelligence tools for easy, day-to-day operations management and reporting, and updated disaster recovery technology.
"IGT's upgraded INTELLIGEN system will provide the Kansas Lottery with a suite of comprehensive tools designed to drive revenues and offer its players world-class gaming experiences," said Jay Gendron, IGT Chief Operating Officer, Global Lottery."INTELLIGEN's improved system performance will also allow the Lottery to manage its vast network with maximum efficiency over the next decade and position the Lottery to deploy future functionality to meet the needs of the evolving gaming landscape."
As the leader in the regulated electronic gaming machine industry, IGT deploys its proven INTELLIGEN systems worldwide, connecting a wide range of machines in a variety of gaming environments. The software is built on IGT's more than 25 years of central systems experience and offers stable, secure command and control capabilities.
In addition to electronic gaming machines and the INTELLIGEN central system, IGT also provides the Kansas Lottery with instant ticket games and printing services.
For more information, visit IGT.com and follow us on Facebook and LinkedIn.
Casino Barcelona, belonging to the prestigious operator Grup Peralada, has added to its entertainment offer the acclaimed new multigame from Zitro: Wheel of Legends. Presented on the Altius Glare cabinet, this multi-game has a totally unprecedented graphic quality, and a very different way of playing that is conquering players with its four mythical characters.
Josep Maria Roig, CEO of Casinos Grup Peralada commented: “Our priority is always to provide our customers with a state-of-the-art gaming offer. After the success of Link King, Link Me and 88 Link, we have high expectations for Zitro’s new Wheel of Legends multigame. We are very pleased to offer this premium product at Casino Barcelona, where it looks spectacular on the stunning Altius Glare cabinet.”
Jaime Aníbal-Álvarez, Zitro’s Director of Casinos Spain, added: “Wheel of Legends has been a great success in international casino markets, and we predict the same success in Casino Barcelona. We thank Grup Peralada for trusting Zitro, once again, by adding our latest launch to its already strong roster of Zitro products at Casino Barcelona”.
MEGASHARE, Zitro’s new progressive jackpot system, arrives at Foliatti Casinos in Mexico with a wide deployment of cabinets in addition to the more than 200 already installed; offering a new community gaming experience, through its most important and successful games now linked to each other, through which, if a player wins the MEGA prize, all MEGASHARE players win, generating an extraordinary atmosphere of euphoria and joy.
Among Zitro’s novelties, is also added Wheel of Legends, the company’s new multi-game progressive link with never-before-seen graphic quality, stunning visuals, and premium sound effects, among many other exclusive features. Presented on the stunning Altius Glare cabinet, Wheel of Legends offers a truly immersive player experience.
“The arrival of Zitro’s novelties in our casinos has been an absolute surprise. With this distribution of prizes to all Zitro slots players, thanks to Megashare Lounge, and with the new and spectacular Altius Glare cabinet, our gaming halls are full of joy and excitement”, say Foliatti’s managers.
Johnny Viveiros Ortiz, founder of Zitro, commented: “We are very proud that Foliatti has bet on Zitro to include the new Megashare Lounge in its casinos. If the revolution generated by the arrival of Zitro in any casino is already well known, we are confident the results will be amazing”.
LAS VEGAS (May 25, 2022) – Gaming Laboratories International (GLI®) has promoted two leaders in its Engineering and Client Solutions departments. Malvina Mikaelian has been promoted to Director of Engineering, and Kelly Myers has been promoted to Manager of Client Solutions.
Malvina Mikaelian
Mikaelian has been with GLI for more than 20 years, starting with the company as it opened its lab in South Africa. Most recently, she served as Senior Manager of Engineering. In her new role, she will lead GLI’s Engineering teams as they work closely with regulators, operators, and suppliers to provide world-class testing services and customer satisfaction.
GLI Vice President of Engineering Sangeeta Reddy said, “We are thrilled to promote Malvina to Director of Engineering. She has a proven record of success as an engineer, as a manager in developing engineers, and delivering high-quality work. Her experience and knowledge continue to inspire her team members and illuminate GLI’s clients’ pathway in integrated compliance.”
Kelly Myers
Myers joined GLI’s tribal and government client services team as a client services representative in 2021, previously serving as compliance and licensing manager for the Cherokee Nation Gaming Commission. She also served as Chair of the Oklahoma Tribal Regulators Association from 2014 to 2021. In her new role, she will manage the team that supports GLI’s state and tribal regulators in the United States.
GLI Vice President of Government Relations & General Counsel Kevin Mullally said, “From day one, Kelly has been a true leader for our state and tribal client services team. Her experience in compliance and licensing enables her to approach clients with a deep understanding of their needs and issues. The Client Solutions team has benefited from her enthusiastic approach to helping our clients, her organizational skills, and attention to detail. She is a talented speaker and a relentless professional who does not stop until our clients succeed. In the past year, our client solutions team has achieved extraordinary success. We expect Kelly to help lead continued growth and development of every member of the team.”
Discover a world of opportunity at gaminglabs.com/careers.
Johnny Viveiros Ortiz, founder of Zitro, has received the “Business Man of the Year” award by the prestigious Azar magazine, dean of the gaming sector in Spain. At a gala held at the Torrelodones Casino in Madrid, the founder of Zitro received this award from Juan Manuel Ortega, which recognizes the most outstanding personalities in the sector and those who have contributed the most to its development.
As stated by the honorary editor of Azar Magazine, Juan Manuel Ortega, “Johnny Ortiz heads the panel of award winners for his unsurpassed and successful dedication to his company in the difficult times of a Pandemic that, bursting many of the corporate seams, has not been able to make a dent in his attitude and determination. Johnny Ortiz has never given up in the face of adversity, in addition to offering the industry his immense creativity in a line of extraordinary products that are hard to beat.
I would like to thank my friends at Azar magazine, and especially its editor Manolo, for this recognition. I have the honor of being at the head of a company, Zitro, which has a team whose work has never stopped, not even in the worst moments of our history. In the months when other companies were busy elsewhere, Zitro focused on investing and creating a new range of products, both cabinets and games, ready to be delivered as soon as the situation allowed. And that moment has arrived, thanks to our effort and courage and, above all, thanks to my team, now our new products are shining all over the world,” said Johnny Viveiros Ortiz, founder of Zitro, after receiving his award.
Delaware casino upgrades IGT ADVANTAGE™ deployment and introduces range of IGT content, convenience and bonusing systems
LONDON, May 25, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that it recently signed a multi-product systems technology agreement with Harrington Raceway and Casino. The comprehensive, multi-year systems deal will enable Harrington Raceway and Casino to further optimize its gaming floor, reward players and elevate excitement through a variety of IGT solutions.
Under the terms of the agreement, Harrington Raceway and Casino will upgrade its gaming floor by deploying the latest iteration of the IGT ADVANTAGE casino management system. For the first time, the casino will also deploy IGT's TournXtreme™ tournament technology and the Mobile Host and Mobile Responder apps. TournXtreme will enable Harrington Raceway and Casino to engage guests with spirited video slot tournaments and quickly shift gaming machines between cash-in and tournament modes. IGT's Mobile Host and Mobile Responder systems apps will help Harrington Raceway and Casino increase performance and productivity through real-time slot floor incident updates that are delivered directly to a personal mobile device.
"Harrington Raceway and Casino looks forward to modernizing our gaming floor through an IGT ADVANTAGE upgrade and the introduction of IGT systems technologies such as TournXtreme, Mobile Host and Mobile Responder," said Mark Schrecengost, Harrington Raceway and Casino General Manager. "IGT ADVANTAGE has been the backbone of our casino for many years, and we're excited to enter a new era of our systems partnership with IGT via solutions that will help us boost productivity and service, elevate our guests' play and loyalty and position us for growth."
"The combination of IGT systems products that Harrington Raceway and Casino will deploy on its gaming floor can quickly make a positive impact on casino productivity and guest satisfaction," said Ryan Reddy, IGT SVP Global PMM VLT, Systems, Video Poker and Payments. "By deploying multiple IGT systems solutions concurrently, Harrington Raceway and Casino can achieve peak value from their systems investment, operate with agility and seamlessly adopt new and emerging gaming trends in the future."
Through a phased deployment, Harrington Raceway and Casino will also feature the following IGT systems solution on its gaming floor:
- M5: IGT's HTML-based service window content management tool that enables the casino to offer personalized in-game offers, bonuses and rewards;
- Bonus Box: a comprehensive bonusing application bundle that incudes player-favorite and new bonuses such as Lucky Coin, Slot Lotto and Lucky Draw; and
- AVENTO: IGT's new hardware platform is built from the ground up to support IGT's innovative casino modernization products including Cardless Connect™ mobile loyalty card technology, Resort Wallet cashless technology and enhanced in-game content.
For more information, visit IGT.com, follow us on Facebook, LinkedIn, and Twitter, or watch IGT videos on YouTube.
The Dragon Link $1 million progressive jackpot can be found at Seminole Hard Rock Hotel & Casino Hollywood, Seminole Hard Rock Hotel & Casino Tampa and Seminole Casino Coconut Creek.
This marks the third progressive jackpot over $1 million on the popular Aristocrat game at the Tampa casino and is the seventh $1M jackpot to hit on the Dragon Link™ slot game at a Seminole property in the past six months.
Seminole Hard Rock Tampa has paid out over $800 million in jackpots to more than 30,000 individuals thus far in 2022. There have been over 285,000 jackpots awarded, which equates to over a jackpot paid per minute.
About Seminole Hard Rock Hotel & Casino Tampa
Owned and operated by the Seminole Tribe of Florida, Seminole Hard Rock Hotel & Casino Tampa is one of the largest and most successful casinos in the world offering award-winning gaming, hospitality, and entertainment. The casino offers nearly 5,000 of the hottest slot machines, 179 table games, a state-of-the-art Poker Room featuring 46 tables and a smoke-free Mezzanine Level Casino. The 800-room hotel is AAA Four Diamond rated and proudly offers 12 restaurants, including upscale dining venues Council Oak Steaks & Seafood, The Rez Grill, and Cipresso. Amenities include the 1,500-seat Hard Rock Event Center, which hosts some of the nation's hottest entertainers and must-see concerts; a 60,000-square-foot pool deck area with three pools and 19 cabanas; as well as the luxurious Rock Spa® & Salon. The resort is located off I-4 at North Orient Road and Hillsborough Avenue, about 10 minutes east of downtown Tampa. For more information, please call 866-502-PLAY or visit us online and via Facebook, Twitter and Instagram.?
About Hard Rock®:
Hard Rock International (HRI) is one of the most globally recognized companies with venues in 68 countries spanning 253 locations that include owned/licensed or managed Hotels, Casinos, Rock Shops®, Live Performance Venues and Cafes. HRI also launched a joint venture named Hard Rock Digital in 2020, an online sportsbook, retail sportsbook and internet gaming platform. Beginning with an Eric Clapton guitar, Hard Rock owns the world’s largest and most valuable collection of authentic music memorabilia at more than 86,000 pieces, which are displayed at its locations around the globe. In 2021, Hard Rock was honored as one of Forbes Magazine’s Best Employers for Diversity, a Top Employer for Women and the Top Employer in the Travel & Leisure, Gaming, and Entertainment Industry. Hard Rock was also designated as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal and named the top performing hotel brand in J.D. Power’s North America Hotel Guest Satisfaction Study for the third consecutive year in 2021. The brand is owned by HRI parent entity The Seminole Tribe of Florida. For more information on Hard Rock International, visit www.hardrock.com
or shop.hardrock.com.
About Aristocrat Technologies, Inc.
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 6,500 employees. The company is licensed in over 300 gaming jurisdictions, operates in more than 90 countries, and offers a unique blend of products and services. The company is the leading designer, manufacturer, and distributor of Class III games as well as Class II Innovations for Native American casinos and emerging markets. The company’s mission is to bring joy to life through the power of play. Its values are rooted in creativity and technology, and the company has a rich history of innovation that has shaped the gaming industry over many decades. For further information, visit the company’s website at www.aristocratgaming.com.
LONDON, May 23, 2022 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that following a successful launch in tribal gaming jurisdictions, the high-performing Money Mania™ Wide Area Progressive (WAP) video slots game is now live in commercial gaming jurisdictions.
The action-packed Money Mania game is housed on IGT's award-winning, triple-screen PeakSlant32™ cabinet and features two compelling base game themes, Pharaoh's Fortune® and Cleopatra®. The game includes many player-favorite mechanics and is famous for its highly attractive, static top-level "Money Jackpot" and the frequency of its second-level, "Mania Jackpot" WAP jackpot.
Mohegan Sun Casino at Virgin Hotels Las Vegas, Circa Resort & Casino in Las Vegas, and Hard Rock Hotel & Casino Atlantic City are among the first commercial casinos in the U.S. to feature this compelling game.
"After playing IGT's Money Mania, I immediately knew that I had to give players at Circa Casino & Resort an opportunity to experience this high-excitement game," said Derek Stevens, Circa Resort & Casino CEO. "As we've seen with IGT's Wheel of Fortune and Megabucks games over the years, players actively seek out games that award frequent and significant jackpots. Our guests are readily embracing Money Mania on our gaming floors which leads me to believe that it will have real staying power."
"It has been exciting to watch IGT customers and their players benefit from the thrill of Money Mania's compelling gameplay and how frequently they're hitting the second-level jackpot," said Nick Khin, IGT Chief Operating Officer, Global Gaming."In launching Money Mania in commercial jurisdictions and linking its liquidity between the largest gaming destinations in the U.S., IGT is elevating jackpot excitement across the country and giving our customers another way to engage players and differentiate their casino floors."
Through its early deployments in tribal casinos, Money Mania has consistently delivered on its high-performance promise by achieving more than 2x or above floor average play in many casinos. Additionally, players across the country are enjoying frequent payouts from the title's second-level jackpot that is linked through WAP technology.
To learn more about IGT's Money Mania video slots visit IGT.com. To watch a quick video about Money Mania visit YouTube.com.
These world-class slot games, which are presented on the Fusion, Allure, and Illusion form-factors, respectively, include all the exciting features that players love and have proven to be a sure bet in casino floors. Thanks to their stunning HD graphics, premium sound system and innovative game titles, they offer a well-rounded gaming experience to players worldwide.
“We are more than happy with the strong performance of these slot games in our casinos, and with the fact that our customers have embraced them so enthusiastically. By adding Zitro’s games to our growing game portfolio, we have secured a product that will appeal to customers, while investing in a high-profit solution from a supplier with a strong and proven track record. We look forward to our continued partnership with Zitro”, states Marcelo Creado, Chief Operating Officer of the Entertainment Business Unit of the Boldt Group.
“Zitro is tremendously grateful for the opportunity and the trust that the Boldt Group has once again placed in us. From now on, the customers of these distinguished casino operators will enjoy the unlimited fun and entertainment of our proven performance games, and we are confident that they will also contribute to the casinos’ success,” added Alejandra Burato, Zitro’s Regional Director for Latin America.
Triton Casino Systems provides casino partners with the flexibility for a variety of progressive configurations including daily jackpots, real-time progressives, and tiered progressives. Simplifying the dealer procedure and jackpot payouts is the inventive and easy-to-use dealer pad. The new Triton sensors are available in a variety of colors and are calibrated to operate in a variety of lighting conditions.
Triton provides more robust reporting and back-end analytics via an upgraded dashboard. The dashboard is home to reporting, jackpot configurations, and other helpful tools. With features like required log-in credentials, operators can feel confident and secure with this durable, data-safe, and recoverable casino system.
“We have delivered a successful progressive jackpot system for many years,” said Todd Cravens, President and CEO of Galaxy Gaming. “But we listened to our partners and developed a brand-new platform that gives them the features and customizations needed for this evolving industry. The Triton Casino System is more than a new progressive jackpot system. It’s a scalable tool that allows Galaxy Gaming and our customers to continue to develop best-in-class experiences.”
The launch of Triton Casino Systems is just the beginning. The Galaxy Gaming team is already developing the next iteration of Triton Casino Systems and expects to have additional updates this year.
1. Business Performance
(1) Overview of Business Performance
(i) Business Performance
For the fiscal year ended March 31, 2022, the situation remains uncertain due to issues such as the tense state of affairs in Ukraine and the spread of COVID-19 variants. On the other hand, vaccination efforts have progressed, and we are beginning to see signs of recovery such as the gradual restarting of socioeconomic activities.
Amidst circumstances under a rapidly changing market environment, in terms of the business results for the fiscal year ended March 31, 2022, in addition to solid performance in the Digital Entertainment business throughout the fiscal year, performance of Amusement business, Gaming & System business and Sports business has recovered, resulting in increase of revenue and profit among all business segments. This led to an increase in total revenue and all profit categories, i.e., business profit, operating profit, profit before income taxes and profit attributable to owners of the parent for the fiscal year ended March 31,2022, have reached a record high.
In terms of the consolidated results for the fiscal year ended March 31, 2022, total revenue amounted to ¥299,522 million (a year-on-year increase of 9.9%), business profit was ¥80,315 million (a year-on-year increase of 25.2%), operating profit was ¥74,435 million (a year-on-year increase of 103.6%), profit before income taxes was ¥75,163 million (a year-on-year increase of 111.2%), and profit attributable to owners of the parent was ¥54,806 million (a year-on-year increase of 69.9%).
In the entertainment market, future development of game content is expected through the functional enhancement of various devices, including mobile devices and video game consoles, and the rollout of next generation communication systems. In conjunction with the changing times, the preference for enriching daily life through full and abundant experiences in personal spending has been strengthened. Furthermore, new experiences through game content are being offered in various ways, including eSports, which is regarded as a form of sports competition and is becoming well-known to a wide range of users and attracting more and more fans.
Digital Entertainment
Amidst these circumstances, as a new initiative for our business, we began global distribution of Yu-Gi-Oh! MASTER DUEL which allows our customers to enjoy playing Yu-Gi-Oh! TRADING CARD GAME as digital content anytime, anywhere. The title has been downloaded over 20 million times, and a wide range of users is enjoying it. Furthermore, the downloads have reached over 30 million times as of April 2022. We began selling Non-Fungible Tokens (NFTs) in an effort to preserve content that has been loved by our customers as an art.
As ongoing initiatives, each of our mobile titles— eFootball Winning Eleven 2021 (Known overseas as eFootball PES 2021), Yu-Gi-Oh! DUEL LINKS, which celebrated the fifth ?anniversary of its global launch, and PROFESSIONAL BASEBALL SPIRITS A (Ace), which announced a collaboration with legend Ichiro Suzuki, who played in the major leagues in Japan and America—has continued to be well received by our customers around the world. In the card game space, we continued the global expansion of Yu-Gi-Oh! TRADING CARD GAME, and even amidst the COVID-19 pandemic, it received strong support, both in Japan and overseas. In addition, we have endeavored to revitalize our content through measures such as holding major Duel tournaments and selling commemorative packs to mark the 25th anniversary of the original work. Alongside these initiatives, for Yu-Gi-Oh! RUSH DUEL, as a first step to enjoy the Yu-Gi-Oh! contents, we have been increasing brand awareness primarily to younger customers. In the computer and video games space, many customers have been enjoying Momotaro Dentetsu: Showa, Heisei, Reiwa mo teiban, which has sold over 3.5 million units, as one of our classic titles.
In the eSports space, we held the finals for the eBASEBALL PROFESSIONAL BASEBALL SPIRITS 2021 Grand slam tournament at “TOKYO eSPORTS FESTA 2022,” and delivered fierce competition. In addition, for the 2021 season of the “eBASEBALL Prospi A (Ace) League,” pro baseball eSports league, we held the eNippon Series to crown the best player in Japan for the first time. Furthermore, for PROFESSIONAL BASEBALL SPIRITS A (Ace), we assembled a record number of participants for the 2021 season of “Prospi A (Ace) Championship” to determine the mightiest player, and the finals drew a massive amount of attention. We are also holding “PROFESSIONAL BASEBALL Virtual Opening Game 2022” using the latest edition of eBASEBALL PAWAFURU PUROYAKYU 2022 to generate excitement for the start of the pro baseball season. We will continue to work towards further developing and building the appeal of eSports through these tournaments and various events.
In terms of financial performance, total revenue for the fiscal year ended March 31, 2022 in this segment amounted to ¥215,010 million (a year-on-year increase of 5.3%) and business profit for the fiscal year ended March 31, 2022 amounted to ¥76,424 million (a year-on-year increase of 4.1%).
In the amusement market, the global spread of COVID-19 has continued to affect sales of devices, in addition to having an impact on e-amusement participation (revenue share business).
Amusement
Amidst this situation, in our business of games targeted at amusement facilities, DANCE aROUND, the latest dance game in the Bemani series, and QuizKnock STADIUM, our latest quiz game, began operations. In the medal game space, GRANDCROSS GOLD, the latest game in the major medal pusher game series GRANDCROSS, which allows players to enjoy the feeling of being physically present that can only be experienced in amusement facilities, as well as ColorCoLotta: Frozen Island, the latest game in the ColorCoLotta series, which has shifted the stage for adventure from the everlasting summer sea to an icy island and added new play elements, began operations. “KONAMI AMUSEMENT GAME STATION,” which allows users to enjoy playing arcade games on PCs and smartphones at any time, continued its steady growth as well. Furthermore, we held “The 10th KONAMI Arcade Championship,” the official Konami eSports competition, to determine the top arcade game players, which was pushed back from July 2021 due to the spread of COVID-19, taking all possible measures to prevent infections. The fierce battles across 13 titles were broadcast live, and the event was a great success. PACHINKO SENGOKU COLLECTION BLACK, the model with new specifications for PACHINKO SENGOKU COLLECTION, and High School D x D2 also began operations.
In terms of financial performance, total revenue for the fiscal year ended March 31, 2022 in this segment amounted to ¥19,510 million (a year-on-year increase of 10.6%) and business profit for the fiscal year ended March 31, 2022 amounted to ¥3,492 million (a year-on-year increase of 44.7%).
In the gaming market, entrance restriction on casino facilities was relaxed in
North America and Australia, and the situation is revitalizing the markets returning to its pre-COVID-19 level. The other markets are gradually recovering although certain restrictions remain.
Gaming & Systems
Amidst these circumstances, we recognized revenue for the sale of slot machines including our core upright cabinet, the DIMENSION 27TM and the DIMENSION 49TM. In addition, the DIMENSION 49JTM, which is dedicated to participation (revenue share business), was selected for Best Slot Product, a prestigious award in the 20th Annual Global Gaming Business (GGB) Gaming & Technology Awards. In game content, Fortune Mint, a new content on our core cabinets, continued to maintain high performance in the North American market, resulting in increased sales of slot machines. As for titles are dedicated to participation, the new Lucky Envelope series has received favorable reviews and the All Aboard series has continued to perform well. Moreover, the installation of historical horse rating machines based on historical live horse racing outcomes is proceeding. In the casino management system, the installments of SYNKROS® casino management system to casino facilities continues to progress. Money KlipTM, which was provided to Resorts World Las Vegas, a major IR facility that opened last year, received a great deal of attention as the first case of a cashless system being introduced in Las Vegas.
In terms of financial performance, total revenue for the fiscal year ended March 31, 2022 in this segment amounted to ¥25,630 million (a year-on-year increase of 54.0%) and business profit for the fiscal year ended March 31, 2022 amounted to ¥3,495 million (business loss for the fiscal year ended March 31, 2021 amounted to ¥2,077 million).
In the sports market, due to the promotion of staying at home and working from home as a result of COVID-19, the importance of being healthy was reaffirmed for many people and the need for sports and exercise is growing.
Sports
Amidst these circumstances, with regard to our operation of sports clubs, we began offering “Keep-Your-Body-Warm Fitness” and “Gut Health Fitness” for “Karada Ikiiki Project” as a new proposal for healthy habits, with the aim of improving the original functions of people’s bodies, and maintaining and promoting their health. In addition to promoting the expansion of services for “Konami Sports Online Fitness” which allows people to participate from anywhere, including their homes, we opened a facility as a new type of business called “Pilates Mirror Futako Tamagawa,” (Setagaya-ku, Tokyo) women-only Pilates studios for small groups with ceiling-mounted mirrors.
With regard to the operation of outsourced facilities, a form of business that expands our network without ownership of assets, we leveraged our previously developed operational and leadership expertise, as well as our accomplishments, to promote our businesses, and began contracted operations of sports facilities in new areas such as Toyonaka City, Osaka, Chuo-ku, Tokyo and Yoshinogari Town, Saga.
As part of a demonstration project for the "Future Classroom" program, which is run by the Ministry of Economy, Trade and Industry, we began providing club coaching support for Osaka Minoh-Higashi High School—and for Rikkyo Niiza Junior High School and Rikkyo Ikebukuro Junior High School, in collaboration with the Rikkyo Educational Corporation—based around the theme of verifying a social system based on integration between a community with a focus on school facilities and the sports club industry.
In the sports and health-related products market, in addition to selling the latest model of POWER MAX V3 CONNECT, an aerobic bike targeted at athletes which has been supported by a large number of athletes in the 35 years since its launch in 1986, we have been developing products which will assist many of our customers in their efforts to become healthy, such as the release of “RENER” energy drink, which has 3,000 mg of citric acid in its formula. Also, we added new flavors with Lac - Shield® to protein supplement “asu-body.”
While this business has been affected by the spread of COVID-19, we have continued to work on reforming our cost structure by strategic withdrawing from unprofitable locations and other measures, and we closed 17 locations for the fiscal year ended March 31, 2022.
In terms of financial performance, total revenue for the fiscal year ended March 31, 2022 in this segment amounted to ¥41,957 million (a year-on-year increase of 15.2%) and business profit for the fiscal year ended March 31, 2022 amounted to ¥767 million (business loss for the fiscal year ended March 31, 2021 amounted to ¥5,873 million).
(iii) Outlook for the Fiscal Year Ending March 31, 2023
Projected consolidated results for the fiscal year ending March 31, 2023 are as follows: total revenue of ¥320,000 million; business profit of ¥81,000 million; operating profit of ¥76,500 million; profit before income tax of ¥76,500 million; and profit attributable to owners of the parent of ¥55,000 million.
With networked entertainment offerings rapidly becoming mainstream, now more than ever, many people have an increasing number of opportunities to enjoy playing games on any device. Amidst such a development, we will propose ways for people to play games which suit the characteristics of each device.
Digital Entertainment
As a new initiative going forward, we will sell eBASEBALL PAWAFURU PUROYAKYU 2022, the latest product in the PAWAFURU PUROYAKYU series. In addition to the powered-up standard mode, we will deliver fun to a large number of our customers through the installation of new modes. We will also distribute the competitive mystery game CRIMESIGHT via Steam®. Furthermore, we will work toward distributing Yu-Gi-Oh! CROSS DUEL content for smartphones, which is a new type of card battle for four players pursuing the fun of a new card game. In addition, we are moving forward with production on Teenage Mutant Ninja Turtles: The Cowabunga Collection in the computer and video game space, which is a compilation of 13 games in the series.
As an ongoing initiative, we will continue to take attractive measures for mobile titles such as PROFESSIONAL BASEBALL SPIRITS A (Ace) and Yu-Gi-Oh! DUEL LINKS, and strive for management that upholds our good reputation. With regard to Yu-Gi- Oh! MASTER DUEL, we are managing the game so that even more of our customers will be able to enjoy it, through activities such as holding events under various regulations and tournaments. Furthermore, for eFootballTM 2022 in the computer and video game space, we have made improvements and adjustments based on customer feedback, and we have updated the version of the game to improve the sense of urgency in the battle for the ball between players, which is often seen in real soccer matches, as well as the fun of playing with unique team tactics.
In the eSports space, the eFootballTM series and PROFESSIONAL BASEBALL SPIRITS A (Ace) were selected as competitive titles for “National Prefectural Competition eSports Championship 2022 TOCHIGI,” which is a “Once in a Lifetime” National Sports Festival of Japan, Hosted by Tochigi cultural program. Going forward, we will work on activities to disseminate the appeal of eSports with the aim of expanding the eSports fan base even more.
We will offer new ways to play, created through interpersonal communication via services such as the e-amusement service, which connects amusement facilities around the country by networking them together. In addition, as a service which allows players to enjoy arcade games at any time, we are working to enhance content for “KONAMI AMUSEMENT GAME STATION,” which makes it possible to play high-quality games on PC and smartphone. Furthermore, we will offer a new user experience by holding the eSports tournament “eMAH-JONG MAH-JONG FIGHT CLUB Pro Tournament” played via MAH-JONG FIGHT CLUB, hosted in conjunction with the Japan Professional Mahjong League, as well as the second season of the “BEMANI PRO LEAGUE –SEASON 2-” for the “BEMANI PRO LEAGUE,” which combines music and eSports. Through these events, we will deliver the amusement and fun of Konami titles, which are enjoyable for participants and spectators alike, to an even greater number of customers.
Amusement
In our slot machine business, we will expand our product range with a focus on strengthening our lineup of DIMENSIONTM series cabinets, including the introduction of DIMENSION 75CTM, a participation-dedicated product which features 75-inch curved monitors, and DIMENSION TOP BoxTM, a participation-dedicated product which combines a 27-inch main monitor with a 49-inch monitor. In addition, we plan to start entering the market of Class II machines which are permitted to be used in casino facilities operated by Native American tribes and the market of Video Lottery Terminals (VLT) in New York State. In game content, we will also focus on expanding our lineup to match the characteristics of DIMENSIONTM series cabinets. Through these measures, we will enhance KONAMI's presence in the market.
Gaming & Systems
In our casino management system business, in addition to new installations of
SYNKROS to casino facilities in North America and Australia, we will introduce a variety of functionality which will endeavor to enhance and strengthen our product appeal including Synk Vision, which provides optimal information to players using the latest biometric authentication technology, SYNK31TM, a money laundering prevention system. In addition, we will continue to develop products tailored to customers’ needs, including a new Synkbox Lite, a hardware that is smaller than previous versions and more easily carried in casino facilities and cruise ships.
For the operation of sports clubs, in addition to our initiatives in accordance with guidelines established by industry associations for preventing the spread of COVID- 19, we are continuing to take measures to prevent the spread of infection based on our own standards, such as ozone sterilization, and working to manage our facilities to ensure that our customers can use them safely and securely.
Sports
With regard to the operation of outsourced facilities, we were newly chosen by Yokohama City, Minami-ku (Kanagawa Prefecture), Fukuoka City (Fukuoka Prefecture), and Kyoto Prefecture to serve as designated management for the operations of sports facilities in each region, and will begin operations starting in April 2022.
For the “Undo Juku” exercise circle aimed at children, at the swimming school, we will begin offering “Undo Juku Digital Note”?—a digital service which helps children to continue learning in a fun way through synergy between “Smart Swimming Lesson System,” a service developed by Sony Network Communications Inc., and the coaching techniques of Konami Sports Club instructors—and assist children in their efforts to take on new challenges.
We will continue to provide products and services that are tailored to changing values that come with the establishment of a new-normal lifestyle.
(2) Consolidated Financial Position
(i) Total Assets, Total Liabilities and Total Equity
Total Assets:
Total assets amounted to ¥528,613 million as of March 31, 2022, increasing by ¥39,607 million compared with March 31, 2021. This mainly resulted from an increase in cash and cash equivalents due to solid performance in the Digital Entertainment business, despite a decrease in income taxes receivable.
Total Liabilities:
Total liabilities amounted to ¥180,537 million as of March 31, 2022, decreasing by ¥8,927 million compared with March 31, 2021. This primarily resulted from a decrease in bonds and borrowings due to repayment of short-term borrowings.
Total Equity:
Total equity amounted to ¥348,076 million as of March 31, 2022, increasing by ¥48,534 million compared with March 31, 2021. This mainly resulted from an increase in retained earnings due to recognition of profit attributable to owners of the parent for the year.
Ratio of equity attributable to owners of the parent was 65.8%, increasing by 4.7 points compared with March 31, 2021 due to an increase in equity including recognition of profit for the year.
Click here for the complete report with spreadsheet: https://img.konami.com/ir/en/ir-data/statements/2022/en0512_f3h9zd.pdf
The visual quality of Altius Glare, never seen before in the industry, and its design, which includes a huge 55-inch screen combined with a 27-inch Full HD screen that offers a giant real estate for 4K graphics and an intelligent LED halo, make this new cabinet shine with its own light in the Andalusian gaming hall.
As Sergio Rupérez, Head of Product Retail-Online at Gran Madrid Group, points out, “We are excited to collaborate once again with Zitro, and to continue our commitment to innovate and offer the best products in all our channels. The Altius Glare cabinet and its multigame Wheel of Legends offer a unique and immersive gaming experience that will appeal to all customers”.
Thanks to its state-of-the-art performance system and stunning visual effects, Altius Glare is set to become a favorite among casino players, as it has been in most of the major casinos in Spain. We are grateful to Casino de Torrequebrada for including our latest release in their roster of Zitro products”, says Jaime Aníbal-Álvarez, Zitro’s Director of Casinos Spain.
IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivaled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 countries around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.igt.com.
This IGT ADVANTAGE deployment will connect NUSTAR Resort and Casino's impressive 1,500 slot games and 250 table games while enabling the casino to build patron loyalty, optimize its casino operations and access valuable, real-time performance analytics. It also positions NUSTAR Resort and Casino to offer cashless gaming in the future via IGT's Resort Wallet™ systems technology.
In addition to leveraging IGT's world-class CMS, NUSTAR Resort and Casino will be the first casino in Asia to deploy IGT's Peak49™ cabinet. Complete with a 49-inch, ultra-HD, portrait, progressively curved display and a range of ergonomic and convenience features, the Peak49 cabinet is supported by a rich content pipeline for Asia. The casino will offer its guests IGT's compelling, market-attuned Ying Cai Shen link on the Peak49 and CrystalCurve™ cabinets and will feature a variety of other performance-tested IGT games on its floor such as Cash Cove™ Fish On and Lucky Buddha™ on the CrystalDual 27 cabinet and Golden Jungle™ Grand and Coin O' Mania™ on the CrystalCurve cabinet.
"As Cebu's premier integrated resort, NUSTAR Resort and Casino prioritizes partnerships with experienced and trusted suppliers such as IGT who can help us deliver world-class gaming entertainment and build strong guest relationships through future-forward technologies," said Sabri Jaafar, NUSTAR Resort and Casino Vice President – EGM Operations.
"By powering its gaming floor with the IGT ADVANTAGE casino management system, NUSTAR Resort and Casino is equipped with casino technology that is proven throughout Asia and delivers highly advanced patron loyalty and casino floor optimization tools," said Dallas Orchard, IGT Chief Operating Officer, Gaming, APAC. "IGT's world-class cabinets and regionally popular games such as Cash Cove and Ying Cai Shen will help NUSTAR Resort and Casino achieve its performance goals and differentiate itself through gaming experiences for the region."
For more information, visit IGT.com, follow us on Facebook, LinkedIn, and Twitter, or watch IGT videos on YouTube.
LAS VEGAS, May 10, 2022 /PRNewswire/ -- Gaming Arts, a leading gaming manufacturer, is pleased to announce its groundbreaking partnership with renowned slot influencer Brian Christopher Slots to create the Brian Christopher's Pop'N Pays More™ game.
Having already had great success across North America with its Pop'N Pays™ brand slots, this collaboration takes Gaming Arts products to an entirely new level. This new slot game takes all the fun of Pop'N Pays™ and puts it in a larger format with expanding reels, more pops, more pays, more fun, and now branded with Brian Christopher Slots' one of a kind stamp!
Brian Christopher is the top social media influencer for slot machines and casinos worldwide. He hosts the #1 Slot Channel on Facebook and YouTube, attracting over 5.1 million monthly unique viewers and a loyal following of more than 1.3 million subscribers in the United States and globally.
Debuting at the Plaza Hotel & Casino in Las Vegas, NV in July 2022, Brian Christopher's Pop'N Pays More™ will be featured on Gaming Arts' beautiful new VertX Grand™ 49" portrait cabinet and will display his likeness, well-known catchphrases, and some of his favorite gaming graphics along with a fully customized and immersive soundtrack. This game promises to bring gaming fun to a whole other level – not only for Brian's superfans, the "Rudies", but for all slot lovers everywhere!
Gaming Arts COO, Jean Venneman commented, "Gaming Arts is delighted to partner with Brian Christopher Slots in the first- ever collaboration of this type. This game is as groundbreaking as it is fun, combining our proven successful brand with the one-of-a-kind influencer, Mr. Brian Christopher. We cannot wait to release it and have our customers' players experience all of the amazing features and surprises it has to offer," Venneman concluded.
Brian Christopher added, "For years, my fans have been begging for a Brian Christopher themed slot machine and I never imagined that day would actually come! We are confident in its success as our followers have watched our videos over 700 Million times, and they travel long distances to join me at our many casino events across the country. Without them even realizing it, they have been letting us know what kinds of features they would like in the game. Pop'N Pays™ has been a favorite of ours so working with Gaming Arts is a natural fit, and one that I know our millions of viewers and fans will love!"
First Quarter 2022 Highlights:
- Sold 955 EGM Units Globally; Highest Level Achieved Since Q4 2019
- Premium EGM Units Increased Sequentially for the Ninth Consecutive Quarter; Accounted for Approximately 11% of Domestic EGM Installed Base at Quarter End
- Domestic EGM RPD Increased 2% Sequentially; Topped $30 for the Fourth Quarter in a Row
- Table Product Revenue Reached a New All-time Record of $3.5 Million; Third Consecutive Record-breaking Quarter
- Recent Debt Refinancing Lowers Borrowing Costs, Extends Key Debt Maturities and Reduces the Principal Amount of Debt Outstanding
- On Track to Achieve Year-End 2022 Net Leverage Target of less than 4.0x
LAS VEGAS, May 5, 2022 /PRNewswire/ -- PlayAGS, Inc. (NYSE: AGS) ("AGS", "us", "we" or the "Company"), a designer and developer of equipment and services solutions for the global gaming industry, today reported operating results for the first quarter ended March 31, 2022.
In addressing the Company's first quarter financial performance, AGS President and Chief Executive Officer David Lopez said, "I am encouraged by the degree to which the operating momentum we established throughout 2021 continued into the first quarter. We have heavily invested in strengthening the foundation of our Company over the past couple of years and are beginning to realize accelerating returns on these investments. To that end, I believe our solid first quarter performance simply foreshadows what our laser-focused organization can accomplish in the quarters and years ahead."
Kimo Akiona, AGS' Chief Financial Officer, added, "Supported by the operational momentum we continue to see within the business, the approximately $10 million of annualized cash interest expense savings we have started to realize as a result of the refinancing transaction, and our organizational commitment to maximizing free cash flow, we remain confident in our ability to deliver upon our year end 2022 net leverage target of less than 4.0x."
Consolidated revenue totaled $72.9 million, marking the fifth consecutive quarter in which we were able to achieve quarterly sequential revenue growth. Q1 2022 consolidated revenue exceeded the level reached in Q4 2021 by approximately 4%, supported by an approximately 15% increase in domestic EGM unit sales, sustained strength within our domestic EGM recurring revenue business, record Table Products performance, and further recovery in our international EGM gaming operations revenue. Q1 2022 consolidated revenue increased approximately 32% year-over-year.
Gaming operations, or recurring revenue, increased to $53.2 million versus $44.4 million and $52.9 million in Q1 2021 and Q4 2021, respectively. In aggregate, recurring revenue accounted for approximately 73% of our consolidated Q1 2022 revenue compared to approximately 80% and 75% in Q1 2021 and Q4 2021, respectively. Changes in our recurring revenue mix reflect outsized consolidated EGM unit sales growth of approximately 230% year-over-year, as we continue to benefit from the increased depth and breadth of our core content catalog, broadening of our customer account penetration, expansion into GLI-approved international jurisdictions, and a steady recovery in core North American replacement unit demand.
Our 2022 first quarter net loss of $12.6 million widened as compared to the $7.8 million net loss incurred in Q1 2021. The year-over-year increase in our reported net loss was predominantly driven by costs associated with the comprehensive debt refinancing transaction which we closed upon in February 2022, partially offset by our improved operating performance. Excluding refinancing-related expenditures, our net loss would have improved versus the prior year.
Total Adjusted EBITDA (non-GAAP)(1) was $32.8 million compared to $26.3 million in Q1 2021 and $32.3 million in Q4 2021. Adjusted EBITDA increased year-over-year within all three of our operating segments.
Total Adjusted EBITDA margin (non-GAAP)(1) was 45.0% versus 47.5% in Q1 2021. Recall, the prior year's quarter benefitted from the high-margin sale of approximately 430 used EGM units to a distributor. Additionally, a greater mix of lower-margin EGM unit sales revenues and higher costs related to global supply chain disruption unfavorably impacted the year-over-year margin comparison.
(1) Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures, see non-GAAP reconciliation below.
(2) Basis points ("bps").
see full results at https://investors.playags.com/news/press-releases/press-release-details/2022/AGS-REPORTS-FIRST-QUARTER-2022-RESULTS/default.aspx
First Historical Horse Racing Machines to Go Live in New Market
LAS VEGAS (May 3, 2022) – Ainsworth Game Technology (“AGT” “Ainsworth”) has successfully installed its award-winning Historical Horse Racing System (HHR) and 100 machines at The Brook in Seabrook, N.H.
It marks the first time HHR machines have been utilized in the recently opened New Hampshire market. Several integrated partners’ machines – including Aristocrat Gaming, IGT, Konami Gaming and Light & Wonder – will also be installed and connected to Ainsworth’s System.
Players at The Brook will have access to a full suite of Ainsworth’s top performing content on several unique terminals including the A-STAR Curve, A-STAR Dual Screen, A600 Slant Top and A640. Titles immediately available include top performers from Ainsworth’s extensive HHR library, such as the player favorite QuickSpin brand, machines based on the iconic PAC-MAN arcade game character and High Denomination offerings.
The titles and platforms have been specifically engineered for Historical Horse Racing, certified by an independent testing lab, and approved by applicable gaming and racing commissions.
Ainsworth’s Chief Commercial Officer Deron Hunsberger said: “Our Historical Horse Racing System continues to be the industry leader in HHR. Our installations across the county have been extremely successful and it’s exciting to be live in New Hampshire with The Brook.”
BSX is now available on 39 total table games at the Palms, including:
24 blackjack tables
12 baccarat tables
3 roulette tables
High-limit blackjack and baccarat tables are included in the numbers above, giving high rollers a chance at a BSX-connected jackpot as well.
Ronald LaDuca, AGS’ Vice President of Sales for Table Products, says: “This cutting-edge install is a major success for AGS. Our deal with the Palms marks our largest Bonus Spin Xtreme installation to date. We’re proud to work with the San Manuel Band of Mission Indians to bring BSX to new players at the Palms Las Vegas, building on our previous install of 12 roulette tables at the Band’s Yaamava’ Resort & Casino at San Manuel in California.”
Paul Garcia, Director of Tables Games at the Palms Las Vegas, says: “By linking nearly 40 tables on Palms’ floor to a fast-growing single jackpot pool, Bonus Spin Xtreme elevates the player experience by creating more ways to win and have fun at the table.”
BSX is a proprietary technology that can link all table games within a casino, even if those games have disparate math models. The feature provides faster incrementing and larger progressive jackpots, rising to the challenge of offering a single jackpot on community-style table games.
LAS VEGAS, May 3, 2022 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it has acquired Intuicode Gaming Corporation ("Intuicode"), a privately owned game development and engineering firm focused on Historical Horse Racing ("HHR") games. In 2021, Intuicode generated over $10 million in annual revenue from the sale of gaming machines and recurring participation revenue from game theme placements at HHR locations throughout the United States. Intuicode and its experienced HHR game development team provide Everi with additional HHR expertise that will help the Company accelerate its entry into and growth in the expanding HHR market.
The acquisition cost includes an initial payment of $12.5 million, with two additional payments based on future revenue to be made on each of the first and second anniversaries of the acquisition's closing in 2023 and 2024. Total consideration is expected to be $22 million - $27 million, and Everi expects to fund the purchase price from existing cash on hand and future cash flow.
Dean Ehrlich, Everi's Executive Vice President and Games Business Leader, said, "This acquisition is a significant opportunity that brings substantial HHR knowledge and game development expertise to Everi that we expect will help expedite the development and commercialization of our extensive library of content into the HHR market and favorably position us for future growth. We are excited to welcome members of the Intuicode team to Everi, and we look forward to combining our respective strengths to develop new content as well as convert our proven, player-popular games to address the growing HHR market."
MEGASHARE Lounge includes unique features, among which all MEGASHARE players receive a prize whenever another player wins the MEGA jackpot, creating an atmosphere of joy and fun.
But that’s not all, in addition to this fantastic premiere, there is the installation of more than 50 Altius Glare cabinets with its new multigame Wheel of Legends. With a completely new graphic quality, the 4 mythical characters of Wheel of Legends take us to a legendary world where it will be easier than ever, to win the MEGA and SUPER jackpots. Its presence is spectacular and impressive in the GI EUROMEX gaming hall.
“We are beyond happy to partner with GRUPO GI EUROMEX and include MEGASHARE and Altius Glare in their Mexican operation. We are confident that our products will continue to be a resounding success in all their casinos and that Zitro will remain among the preferences of their players with our unmatched experience and prize distribution,” said Johnny Viveiros Ortiz, founder of Zitro.