Casino Data Systems' OASIS II Chosen for Historic St. Louis Riverboat Casino; President Casino on the Admiral to Install OASIS/DOS System.Business Editors LAS VEGAS--(BUSINESS WIRE)--April 26, 2000 Casino Data Systems Inc. (Nasdaq:CSDS CSDS Cluster Science Data System CSDS Center for Secure and Dependable Systems CSDS Center for the Study of Democratic Societies CSDS Cardiovascular System Dynamics Society CSDS Cache Satellite Distribution System CSDS Control Speed Drive Starter ) today announced that the company will be installing its OASIS II(TM) slot accounting and player tracking system at the President Casino President Casino has several uses including:
On June 20, 2002 President Casinos and President Riverboat Casino-Missouri filed for Chapter 11 bankruptcy. Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PREZ.OB). The OASIS/DOS system, which is replacing a competitor's system, will monitor approximately 1,300 gaming machines. OASIS II is a real-time casino slot management system that provides operators with a variety of slot and player information in an easy-to-use format. The system uses advanced electronic monitoring equipment to collect, integrate, analyze and report information on player and machine activity. More than 135,000 gaming machines in over 115 casinos across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. are now being monitored by CDS' OASIS systems, which are offered in both DOS and Windows(R)-based versions. "We are looking forward to the positive impact the OASIS II slot accounting and player tracking system will have on our casino," said Jesus Aviles, general manager of President Casino on the Admiral. "The real-time information that the OASIS II technology will provide will be an invaluable source of marketing and statistical data. The end result is that we will be able to better serve our customers." When the system goes online in September, it will include a loss limit feature in addition to the slot accounting and player tracking system. The loss limit function is an option offered by the OASIS system that precludes a customer from further wagering after meeting a certain loss limit mandated by the state in which the casino is located. "We are extremely pleased to see that an increased number of casino operators around the country continue to recognize the competitive advantage that our OASIS systems offer," said Steven Weiss, chairman and 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 Casino Data Systems. "President Casino is just another example of a high-profile gaming operation that has recognized the importance of maintaining and utilizing slot and player information. We feel strongly that the OASIS II system, with its state-of-the-art features and functionality, will help make daily casino management and marketing tasks significantly more efficient for President Casino on the Admiral." President Casinos Inc. primarily develops, owns and operates riverboat riv·er·boat n. A boat suitable for use on a river. and/or dockside gaming casinos through its subsidiaries. The company's current gaming facilities are composed of the President in Davenport, Iowa; the Biloxi Barge in Biloxi, Miss.; and the Admiral in St. Louis. Built in 1907, the riverboat that houses President Casino in St. Louis has been known as the Admiral since 1940. About Casino Data Systems Casino Data Systems is a leading designer, manufacturer and distributor of innovative, technology-driven products for the gaming industry. The company's diversified product line reaches into virtually all facets of the casino floor, including casino management systems, games and meters, multiple site progressive systems and casino signage. For more information, visit the company's Web site at www.csds.com. Forward-looking statements (statements that are not historical fact) in this release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties, including the following: changes in economic conditions, general competitive factors, the company's ability to execute its service and product sales plans and uncertainties detailed in the company's filings with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion