Acres Gaming Receives Order From Mandalay Resort Group.Business Editors and Gaming Writers LAS VEGAS--(BUSINESS WIRE)--June 27, 2000 Acres Gaming (Nasdaq:AGAM AGAM Ambiente Gas Acqua Monza SpA (Italian) ) today announced receipt of contracts to install comprehensive slot systems in two more casino resorts owned and operated by Mandalay Resort Group Mandalay Resort Group was a hotel-casino operator based in Las Vegas, Nevada. Its major properties included Mandalay Bay, Luxor, Excalibur and Circus Circus, as well as half of the Monte Carlo. . The two resorts, Gold Strike and Nevada Landing, are located in Jean, Nevada Jean is a small community in Clark County, Nevada, located approximately 12 miles north of the Nevada-California state line along Interstate 15. Las Vegas is located about 30 miles to the north. , about 30 miles south of Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . The contracts mark the third and fourth Mandalay Resort Group properties to upgrade to an Acres Advantage(TM) system. The installations will include Acres' Wizard(TM) Slot Accounting and Prophet(TM) Player Tracking modules including multi-site player tracking functionality. "We are extremely proud that Mandalay Resort Group has once again selected Acres as a slot system provider," said Rich Schneider, Acres' President. "These repeat orders confirm the system's strength, both in terms of innovative technology and reliability." Acres Gaming provides products and services to casinos worldwide, using its proprietary Acres Bonusing Technology(TM) to increase player enjoyment and casino efficiency and profitability. Detailed descriptions of the promotions made available by Acres Bonusing(TM), as well as other products offered by Acres Gaming, are available at the company's Web site, www.acresgaming.com. The company has offices in Corvallis, Ore., and Las Vegas. The discussion in this news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. (as defined in Section 27A of the Securities Act of 1933, as amended). Forward-looking statements involve risks and uncertainties and various factors could cause actual results to differ materially from those in the forward-looking statements. Forward-looking statements relate to expected revenues from contracts and software functionality. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: the possibility that development, regulatory approval and installations of new software products may not be completed or may not be completed as scheduled, changes in federal or state laws or the administration of such laws, the expense and unpredictability of patent and other litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended June 30, 1999. Actual results may differ materially from the forward-looking statements. |
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