Monthly Archives: August 2020

GT Reports Revenue Drop, Cost Savings

International Game Technology, Plc. reported revenues of $637 million for the second quarter, down some 48 percent from Q2 2019’s $1.24 billion, with its CEO citing the Covid-19 shutdown as the reason. Gaming equipment and interactive sales fell 65 percent, with revenues from slots and gaming equipment down 57 percent. However, in an earnings call,… Read more »

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Aristocrat’s Dragon Link Debuts in Tampa

Aristocrat Technologies marked the world premiere of the newest evolution of a fan favorite, the Dragon Link progressive slot product at Seminole Hard Rock Hotel & Casino Tampa. The property is the first to receive the newest iteration of the game, which offers high- and mid-denomination bets and a larger linked or stand-alone jackpot.  “We’re… Read more »

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Everi Results Affected by Covid-19, But Top Estimates

Gaming supplier Everi Holdings Inc. posted a second-quarter net loss of $68.5 million compared to net income of $5.5 million in the same period last year, and a net loss of $13.5 million in the first quarter of 2020. However, the company’s CEO had better news in a positive pre-tax earnings report, thanks to cost-cutting… Read more »

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Circa Chooses ACS PlayOn Cashless Gaming Solution

Automated Cashless Systems’ PlayOn Cashless Table Game Solutions, already in place at Derek Stevens’ D Las Vegas property, will also be utilized at Stevens’ new Circa Resort & Casino, slated to open in Downtown Las Vegas by the end of the year. PlayOn is a cashless payment solution that allows players to purchase casino chips… Read more »

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Monarch Taps Global Payments for iGaming

In August, Global Payments Gaming Solutions announced that Monarch Casino & Resort has selected its iGaming solutions to power the casino’s sports betting applications in Colorado and Nevada. The iGaming solutions connect the online and brick-and-mortar gaming experiences and simplify the process of account funding with Global Payment Gaming Solution’s VIP LightSpeed platform. Combined with… Read more »

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JCM Partners with Cash Processing Solutions

Cash-processing equipment manufacturer JCM Global has selected Cash Processing Solutions (CPS) as its partner of choice “in a move that will bring further efficiencies and business intelligence to its customers,” according to company statement. JCM and CPS executed a master distributor agreement that enables JCM to supply high-speed count and sort equipment and cash management… Read more »

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VGT Launches ‘Hunt for Neptune’s Gold’ Lounge in Tulsa

Video Gaming Technologies Class II Innovations from Aristocrat recently announced the launch of the first-ever The Hunt for Neptune’s Gold lounge at Osage Casino Hotel in Tulsa, Oklahoma. A Class II fan favorite, the all-new gaming destination offers a themed game experience for players all in one space. The 1,100-square-foot gaming space is adjacent to… Read more »

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GameCo Wins New Jersey License, Launches iGaming Division

In late July, GameCo, a pioneer of Video Game Gambling machines (VGMs) and casino experiences designed to attract and monetize the millennial and Gen X demographics, announced its approval by the New Jersey Division of Gaming Enforcement for a Casino Service Industry Enterprise License in the state. The approval allows the company to bring its… Read more »

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