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For Immediate Release

AGA: Maryland Casinos Drive Opportunity and Growth for Small Businesses

Washington, DC, April 19 – The casino gaming industry supports 350,000 small business jobs nationwide and nearly 3,000 of them are in Maryland, the American Gaming Association (AGA) announced today at Eastern Food Services, Inc., a local food provider in Prince George’s County, Maryland. Today’s event, part of the AGA’s American Gaming Small Business Jobs Tour, highlights the direct role MGM National Harbor plays in supporting Eastern Food Services, Inc., a company that provides M life water bottles and other food services to the recently opened Maryland casino. Eastern Food Services is one of many companies nationwide that benefits from partnering with a local casino. “Casino gaming is and always has been a strong community partner in Maryland and across the country where hundreds of thousands of small business jobs are supported,” said Geoff Freeman, president and CEO of AGA. “The industry exemplifies the American entrepreneurial spirit with a special… [continue reading]

Buffalo Thunder Resort & Casino: Beer & Food Festival Scheduled for Saturday, May 6

Event Supports Food Depot’s Mission to Feed the Hungry SANTA FE, N.M., April 19, 2017 /PRNewswire/ — There is a hidden horror in New Mexico called “hunger” and it affects one out of every five people in the state.  But Buffalo Thunder Resort & Casino intends to raise awareness of the problem, as the entertainment giant hosts the second annual Santa Fe Beer & Food Festival on Saturday, May 6. The highly anticipated event directly supports The Food Depot, Northern New Mexico’s food bank. “Hunger is closer than you think,” according to Christine Gabaldon, Director of Marketing for Buffalo Thunder.  “And it’s a growing crisis. Through this festival, we want to boost awareness of what our neighbors and friends are experiencing.  We intend to make a difference.” The Santa Fe Beer & Food Festival promises to do that and more, added Gabaldon.  It’s a full day of live entertainment, food… [continue reading]

IGT Introduces New TRUE 3D Content to Colombia at FADJA

LONDON, U.K. – April 18, 2017 – International Game Technology PLC (“IGT”) will demonstrate the Company’s vast portfolio of gaming solutions at one of Latin America’s most significant trade shows, Feria Americana de Juegos de Azar (FADJA) in Bogotá, Colombia, April 26 to 27.   “We’re extending our key theme, ‘Innovation at Play’ to FADJA, which gives IGT a significant opportunity to build upon its international momentum of delivering unique products such as our TRUE 3D title, ZUMA 3D, in addition to other exciting gaming solutions that are new to the region,” said Walter Bugno, IGT CEO International. “We’re positioning our valued customers for long-term success by demonstrating leading content that is designed to stand out in the Colombian market.” Winning TRUE 3D technology IGT will extend its innovative TRUE 3D game library to the region with the introduction of ZUMA 3D, a vibrant theme which features seven must-hit progressives;… [continue reading]

IGT to Sell Double Down Interactive LLC to DoubleU Games as part of New Strategic Partnership in Social Casino

International Game Technology PLC today announced it has signed a definitive purchase agreement to sell its social casino subsidiary, Double Down Interactive LLC, to an affiliate of DoubleU Games Co., Ltd., a leading global social casino operator headquartered in Seoul, South Korea. The transaction establishes a new multi-year strategic partnership between IGT and DoubleU Games to provide innovative player experiences in the social casino market worldwide. “Since acquiring DoubleDown in 2012, IGT has grown it into one of the largest and most successful brands in the North American social casino market,” said Marco Sala, CEO of IGT. “After several years of strong, organic growth and increasingly attractive valuation levels, the time is right for us to maximize the value of this asset for our shareholders. We will continue participating in the growth of the social casino market through our multi-year, strategic partnership with DoubleU Games.” “This transaction represents a unique… [continue reading]

Gary Platt Manufacturing Names New VP of Finance

RENO, Nev. (April 17, 2017) – Gary Platt Manufacturing has named its new Vice President of Finance. Having served as a financial advisor to Gary Platt for several months, Marek Petrilak has been formally tapped for the job, bringing a world of experience to Gary Platt.   Petrilak has worked in finance departments in four countries on two continents, giving crucial global production insight at a time when Gary Platt is expanding its footprint worldwide.   Most recently, Petrilak served as Finance & Control Manager for Whirlpool Corp. in the company’s Isithebe production plant in South Africa. He has also served as Senior Financial Analyst and as Google Reporting Implementation Manager for Comerio’s EMEA headquarters in Italy; as Finance Controller for Cassinetta ETS; as Finance Controller for the Swedish production plant Norrkoping; and as Finance Analyst for Poprad, a production plant in Slovakia.   Petrilak holds a master’s degree from… [continue reading]

American Gaming Association to Make First Stop on American Gaming Small Business Jobs Tour

Washington, DC, April 13, 2017 – As a part of its national Get to Know Gaming campaign, the American Gaming Association (AGA) will launch its American Gaming Small Business Jobs Tour this Wednesday at Eastern Food Services, Inc. in Maryland. The tour highlights casino gaming’s commitment to small businesses around the country, where 350,000 jobs are supported. AGA’s tour will center around a new report that details how the casino industry positively impacts small businesses nationwide. The report, The Gaming Industry’s Impact on Small Business Development in the United States, completed by Spectrum Gaming Group and commissioned by AGA, will be released next week. It examines nearly a dozen U.S. gaming markets and assesses casino gaming’s direct and indirect impact on local, small businesses. Researchers concluded that gaming’s widespread impact is felt in markets across the country, but has the largest impact in small to mid-sized communities where local businesses… [continue reading]

Palms Casino resort announces the appointment of Anthony Faranca as Vice President and General Manager

Palms Casino Resort announces the appointment of Anthony Faranca as Vice President and General Manager of the 1,200-room property recently acquired by Station Casinos. Faranca serves as the head of Palms’ executive committee and is responsible for all day-to-day operations including gaming, marketing, hotel and resort operations, food and beverage, and finance. Since joining the company in January 2017, Faranca has emerged as a hands-on leader ready to shape and execute the future strategic vision of Palms alongside the 1,800-team member workforce. Faranca most recently joins the company from Parx Casino in Bensalem, Pennsylvania, one of the top performing casinos in the state, where he served as General Manager and spent nine years with its parent company Greenwood Racing, Inc. He was originally recruited by Greenwood to manage the temporary Philadelphia Park Casino while supporting the design, construction and opening of the then emerging Parx Casino. He began his gaming… [continue reading]

Konami’s SYNKROS Casino Management System Arrives at Tahoe Biltmore Lodge & Casino

Northern Nevada resort property launches an array of systems upgrades and new player loyalty benefits Las Vegas, NV — April 11, 2017 Konami Gaming, Inc. announced that its award-winning SYNKROS® gaming enterprise management system has been selected by Tahoe Biltmore Lodge & Casino, a Northern Nevada resort property in the town of Crystal Bay. Featuring more than 200 casino slots and table games, Tahoe Biltmore is the first property on Lake Tahoe to introduce Konami’s leading systems advancements for guests to enjoy. With SYNKROS’ enhanced promotional capabilities and targeted rewards, Tahoe Biltmore helps ensure that casino players are connected with real-time offers and incentives that are most relevant to their entertainment preferences. “From longtime patrons to new visitors, our business is focused on providing guests a full service casino experience that allows them to relax and enjoy a cycle of exciting player’s club benefits,” said Tyler Gaffaney, general manager at… [continue reading]

Slotegrator and Cubits To Present Online Casino and Crypto Currency Webinar

The Moscow-based major aggregator Slotegrator, the largest aggregator of gaming providers for online casinos in the Commonwealth of Independent States, will partner with the Bitcoin platform company Cubits to conduct a webinar on the topic “Why Do Online Casino Operators Switch to Crypto Currency” on Friday, April 21 at 13:00 GMT (9:00 AM EST.) The speakers are: • Vadim Potapenko, Development Manager at Slotegrator; • Maxim Krupyshev, Chief Operating Officer (COO) at Cubits. In terms of the webinar, Vadim Potapenko will discuss the issues of Bitcoin as a popular means of payment and will report on how regulators attempt to control cryptocurrency circulation by adopting new legislation. Further, Mr. Potapenko will explain the legal status of Bitcoin these days and how cryptocasinos function. Maxim Krupyshev will touch upon the problems of cryptocurrency as a means of payment at casinos and will describe in detail the process of the Bitcoin payment… [continue reading]

AGEM Index March 2017

The AGEM Index reached another record high in March, continuing the momentum from previous months. The composite index stood at 361.28 points at the close of March 2017, which represents an increase of 9.84 points, or 2.8 percent, when compared to February 2017. The AGEM Index reported a year-over-year increase for the 18th consecutive month, rising 136.93 points, or 61.0 percent, when compared to March 2016. During the latest period, nine of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price, with three up by more than 10 percent. Four manufacturers reported decreases in stock price during the month with three experiencing double-digit losses. The broader stock markets produced mixed results in March. The S&P 500 reported a slight month-to-month decrease, falling 0.04 percent to 2,362.72. Additionally, the Dow Jones Industrial Average decreased 0.7 percent to 20,663.22, while the NASDAQ increased 1.5 percent during the period to… [continue reading]