Printer Friendly
The Free Library
4,719,369 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Progressive Gaming International Expects to Unveil the Largest Offering of Innovative Gaming Products at G2E 2005; Featuring High Speed RFID Technology, Server Based Gaming and Sports Wagering Solutions.


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.  -- Progressive Gaming International Corporation (Nasdaq:PGIC PGIC Pacific Gateway International College (British Columbia) ) (the Company), a leading provider of diversified content and technology products and services used in the gaming industry worldwide, is expected to unveil the largest and most diverse offering of new gaming products since its inception at this year's Global Gaming Expo Global Gaming Expo (G2E) is an annual gaming trade show held in Las Vegas, Nevada, generally in November, at the Las Vegas Convention Center. The show is one of the two major gaming trade shows.  being held in Las Vegas September 13-15, 2005.

Progressive Gaming will clearly demonstrate their transition and focus to technology solutions for global gaming operators. The new products will include the Intelligent Table System(TM), as well as CasinoLink(R) Enterprise Edition which will include, thin-client server based Refers to hardware or software that runs in the server. Contrast with client based.  gaming showcasing over 30 slot titles, race and sports book management software, event-within-event wagering, simulated event wagering, media content management, wireless gaming and an all new mystery jackpot system.

Additionally, Progressive Gaming will be rolling out three specialty tables games, 10 new branded and non-branded Matrix platform games This article gives a list of platform games, i.e. computer and video games of the "platform" genre. There are both 2D and 3D variants of such games, with the latter becoming more prevalent from the 32/64-bit era and up to the present. , including guest appearances from Gene Simmons For the actress, see Jean Simmons. For the rockabilly singer, see Jumpin' Gene Simmons.

Chaim Witz (חיים וויץ), (born August 25, 1949 in Haifa, Israel), better known by his stage name Gene Simmons
 and Paul Stanley This article is about the metal musician. For other people with this name, see Paul Stanley (disambiguation).

Stanley Harvey Eisen (born January 20, 1952, Queens, New York) known by his stage name Paul Stanley
 from the world famous rock band KISS(R) for the roll out of their new game Rock and Roll All Nite!, and Ed McMahon Edward "Ed" Peter Leo McMahon, Jr. (born March 6, 1923) is an American comedian, game show host, announcer and television personality most famous for his work on television as Johnny Carson's announcer on Who Do You Trust? from 1957 to 1962 and on the Tonight Show  for the roll out of his new game Million Dollar Madness!, as well as the Company's title on the IGT IGT impaired glucose tolerance.  platform, Ripley's Believe It or Not!(R) Treasurers of the World(TM).

Russ McMeekin, Chief Executive Officer stated: "We have had a very busy 12-months with internal R&D developments, acquisitions and the establishment of strategic partnerships to grow and enhance our arsenal of innovative system and content offerings. Our industry is undergoing both a significant technological convergence This article or section may contain original research or unverified claims.

Please help Wikipedia by adding references. See the for details.
This article has been tagged since September 2007.
 and geographic expansion and we believe that our new product lines position us very well in both the domestic and international markets. We are now prepared to provide mission critical systems for a multitude of regulated betting and wagering revenue types for our worldwide customer base. We look forward to featuring these innovative products at the upcoming Global Gaming Conference."

--Intelligent Table System (ITS) -- Through Progressive Gaming's recent partnerships with IGT and ShuffleMaster, the most comprehensive automated table games management solution will be provided to the global market. The ITS solution integrates RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna.  bet recognition, card recognition, game reporting, player tracking, patron loyalty, and bonusing applications. The first collaborative effort of its kind in gaming, ITS does for table games what online slot systems have done for slot machines. Three ITS tables, including blackjack blackjack, one of the world's most widely played gambling card games; also known as twenty-one or vingt-et-un. Despite contesting claims between the French and Italians, its origins are unknown. , baccarat baccarat (bä`kərä', băk`–, Fr. bäkärä`), French card game formerly widely played in European casinos but now supplanted in popularity by chemin de fer.  and roulette will be on display at the Progressive Gaming booth.

--CasinoLink(R) Enterprise Edition product suite, including wireless server based game and sports applications presented on Game Station, Sports Station and Rapid Bet.

The Company will unveil in excess of 30 new game titles including branded games featuring the mega-rock group KISS "Rock and Roll all Nite", Ed McMahon's "Millionaire Madness" and Dick Clark's "Rock Roll and Remember."

In addition, visitors can experience the first server based peer-to-peer wagering system for the casino environment featuring the Company's tournament "Texas Hold 'Em Texas hold 'em (also hold'em, holdem) is the most popular poker variant played in casinos in the United States.[1] Hold'em is a community card game where each player may use any combination of the five community cards and their own two hole cards  Live" game within the booth's Poker Cafe.

Complementing the slot game offerings will be the Company's race and sports book management suite. Sports Station's PrimeLine is the industry's first Windows based (1) (Windows-based; upper case "W") Refers to Microsoft Windows.

(2) (windows-based; lower case "w") Having resizable windows. Same as "graphics based" or "GUI based." Graphical user interfaces are all windows based. Contrast with text based.
 wager and line management system. It is currently released and in operation at over 30 Nevada casinos.

Progressive Gaming is also unveiling the first ever "event-within-event" wagering system, allowing bets to be made continuously throughout an event or game on outcomes such as the next play, the next score, the outcome of a drive, etc. This innovative product is Rapid Bet Live and it works in conjunction with the Sports Station PrimeLine module. It will be shown in its standard version as well as on a wireless tablet and a touch screen kiosk.

Additionally, CasinoLink's Rapid Bet Simulated, operating on the Company's Game Station module, allows patrons to place wagers on various simulated sporting events. It will be shown as a simulated golf game with betting options on every shot of a particular hole.

Money Factory(TM) is CasinoLink's latest Mystery Jackpot(R) system. Money Factory's synchronized in-machine displays build celebration intensity and bring each player into the thrill and anticipation of winning. This new system is a multi-level mystery jackpot providing constant awards to the machine as well as higher jackpots which are randomly awarded.
--  Three New Specialty Table Games will be prominently displayed
        at G2E. The following innovative games will serve to enhance
        Progressive Gaming's already powerful lineup:

        --  Progressive Texas Hold 'Em Bonus(TM) Poker -- This
            exciting new table game is a follow up to the fast growing
            felt version but it will include a powerful progressive
            jackpot. The jackpot can be operated within a single site
            or over a wide-area network connecting multiple casinos.
            It can also be combined with the already established
            Caribbean Stud jackpot links helping drive more frequent
            top level hits.

        --  Two Card Joker Poker -- This fast paced and exhilarating
            poker game allows the player to wager on three different
            bets including one or all of the wagers including the
            Ante, Pair Up and the Super Flush Bonus wagers.

        --  Progressive Baccarat -- This new game adds the proven
            twist of a side wager, generating frequent hitting
            jackpots to the solid base game of baccarat. The player
            can bet on the combination of the Player and Bank cards.


About Progressive Gaming International

Progressive Gaming International is a leading supplier of Integrated Casino Management Systems Software and Games for the gaming industry worldwide. The Company develops and distributes an expanding array of slot and table games, plus management and progressive jackpot A progressive jackpot is a jackpot (highest payoff) for a gaming machine (usually a slot machine or video poker machine) where the value of the jackpot increases a small amount for every game played.  software systems.

The Company is unique in the industry in offering management, progressive systems and games as a modular yet integrated solution. There is a Progressive Gaming International product in virtually every casino in the world. For further information, visit www.progressivegaming.net.

CasinoLink is a registered trademark of Mikohn Gaming Mikohn Gaming manufactures slot machines with a skill element in their bonus round. Some of the slot machine games produced by Mikohn gaming include:
  • Trivial Pursuit
  • Clue
  • Yahtzee
External links
  • Official site
  • Slots Hero company profile
 Corporation d/b/a/ Progressive Gaming International Corporation (C)2005 Progressive Gaming International Corporation. All Rights Reserved. KISS(R) name and likeness are used with permission. Under License by Signature Networks. (C) 2005 KISS Catalog, LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (C)2005 Global Gaming Group, Inc. (C)2005 Mikohn Gaming Corporation d/b/a Progressive Gaming International Corporation. All rights reserved. Ed McMahon's name and likeness are used with permission. (C)2005 McMahon Communications, Inc. All Rights Reserved (C)2005 Global Gaming Group, Inc. "Ripley's Believe It or Not!", "Ripley's" and "Believe It or Not!" are registered trademarks of Ripley Entertainment Created by the success of Ripley's Believe it or Not!, Ripley Entertainment Inc. is a large entertainment and edutainment holding company owned by the Jim Pattison Group. Holdings
  • Great Wolf Lodge: Opened in March 2006 in Niagara Falls, Ontario.
, Inc. .(C)2005 Ripley Entertainment, Inc. All rights reserved Treasures of the World(TM), Think Big(TM) and the Rip bird character are trademarks of Mikohn Gaming Corporation d/b/a Progressive Gaming International Corporation. (C)2005 Progressive Gaming International Corporation. All Rights Reserved. Mystery Jackpot(R) is a registered trademark of Mikohn Gaming Corporation d/b/a Progressive Gaming International Corporation. (C)2005 Progressive Gaming International Corporation. All Rights Reserved. Texas Hold 'Em Bonus Poker is a trademark of Mikohn Gaming Corporation d/b/a/ Progressive Gaming International Corporation. (C)2005 Progressive Gaming International Corporations. All Rights Reserved.

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.
 Statements under 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: This release contains forward-looking statements, including statements regarding activities expected to occur in connection with the 2005 Global Gaming Expo, the size and diversity of the Company's product offerings at the 2005 Global Gaming Expo and expected performance and other characteristics of the product offerings to be presented. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, the risk that the Company's pending acquisitions of VirtGame Corp. and EndX Group Limited may not be completed when expected, or at all, risks related to the integration of VirtGame's and EndX's technology with the Company's products, risks related to the inability to obtain, or meet conditions imposed for, governmental approval of the acquisitions, risks related to any uncertainty surrounding the acquisitions and the costs related to the acquisitions, risks related to delay in the introduction of new products, risks related to the Company's ability to enforce and continue to develop its intellectual property rights, including rights licensed from third parties, the risk that patents may exist of which the Company is not aware, or that existing patents may provide benefits to third parties beyond those anticipated by the Company, the Company's ability to meet its capital requirements Capital requirements

Financing required for the operation of a business, composed of long-term and working capital plus fixed assets.
, relationships with casino operators, the overall industry environment, customer acceptance of the Company's new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as the Company's debt service obligations. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Company's most recent annual 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.
 and quarterly reports on Form 10-Q Form 10-Q

See 10-Q.
, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Sep 12, 2005
Words:1536
Previous Article:Samsung Electronics Unveils 7.2 Megapixel CMOS Image Sensor.
Next Article:John Schwarz Named CEO of Business Objects; Former Symantec President Named Chief Executive Officer; Company Founder Bernard Liautaud Continues as...



Related Articles
Mikohn and Gaming Partners International to Demonstrate Industry-Leading RFID Chip Tracking Technology at 2004 Global Gaming Expo.
Progressive Gaming International's TableLink Continues to Gain Momentum; Over 200 New Tables Added Since January 2005; Over $61 Million in Wagers...
Phantom Fiber and CaribSports.com Expand Partnership to Include Wireless Horse Racing.
WMS Gaming to Premiere POWERBALL(TM)-Branded Progressive Series of Gaming Devices at G2E Trade Show in Las Vegas; Product Launch of Premier Lottery...
WMS Gaming to Introduce the Next Generation of What Players Want(TM) at G2E Tradeshow in Las Vegas; Full Suite of Games for All Product Lines to...
Progressive Gaming International Receives Approval for Field Trial for Rapid Bet Live.
Progressive Gaming International to Present at Inaugural G2E Webinar.
Progressive Gaming Well Positioned for Mobile, Wireless Gaming in Casinos; Rapid Bet Live Wireless Edition to Be Submitted for Approval Within 3...
Progressive Gaming Presents the Most Innovative and High-Tech Lineup Ever at the Global Gaming Expo.
WMS Combines Advanced Technologies, Player-Driven Innovation(TM) and Game Segmentation in Creative New Products Set to Debut at 2006 Global Gaming...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles