Acres Gaming Receives Order From Pioneer Hotel & Gambling Hall; Laughlin Casino Orders Acres Advantage System and Bonusing.Business Editors & Gaming Writers LAS VEGAS--(BUSINESS WIRE)--Feb. 25, 2002 Acres Gaming Incorporated (Nasdaq:AGAM AGAM Ambiente Gas Acqua Monza SpA (Italian) ), the leader in Bonusing(TM) technology for the gaming industry, today announced it has received an order from Archon Corporation The Archon Corporation OTCBB: ARHNis an entertainment company based in Paradise, Nevada. The company that has owned casinos and water parks. Members of board of directors include State Senator Sue Lowden who is the current chairwoman of the Nevada State Republican Party and State on behalf of its casino, The Pioneer Hotel & Gambling Hall in Laughlin, Nevada Laughlin is a census-designated place (CDP) in Clark County, Nevada, United States. As of the 2000 census, the CDP population was 7,076, and its population was estimated at 8,629 in 2006. Laughlin is a port located on the Colorado River 94 miles (152.3 km) south of Las Vegas. . The order, with expected revenue of $1.9 million, includes the Acres Advantage(TM) casino management system and the Acres Bonusing(TM) system, the first implementation of its kind in the competitive Laughlin market. Casino management applications include slot accounting, patron management, cage, credit and table games management, graphical analysis as well as interfaces to point-of-sale, hotel and keno systems. "This is a great opportunity to showcase the loyalty building power of Acres' Bonusing in another competitive market," said Bud Glisson, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Acres Gaming. "We're pleased to be working with the Pioneer team on this project." About Acres Gaming Acres Gaming, a technology company serving the gaming industry, provides casino accounting, management and Bonusing products worldwide via its Acres Advantage and Acres Bonusing product lines. The patented Acres Bonusing Technology(TM) enables casinos to increase player enjoyment, operational efficiency, property profitability and customer satisfaction. Detailed descriptions of the promotions made available by Acres Bonusing as well as other products offered by Acres Gaming, are available at the Company's Web site, www.acresgaming.com. The company was founded in 1992 and has offices in 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. , NV and Corvallis, OR. The discussion in this press 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 revenue from the Pioneer order. The following factors, among others, could cause actual results to differ from those indicated in the forward-looking statements: the ability to obtain the necessary gaming license in Nevada, 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, 2001. Actual results may differ materially from the forward-looking statements. |
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