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Source: Casinovations
Inc.
Greektown Opens With 60 Random Ejection Shufflers™ - Bringing the Company's Statewide Shuffler Placement Total to 160 LAS VEGAS
Casinovations™ Inc. today announced the recent Greektown Casino opening included card tables equipped with Random Ejection Shufflers™. During the opening, the shufflers were monitored by company representatives and reported to be performing with exceptional reliability. The company has installed a total of 160 Random Ejection Shufflers™ on casino tables in Michigan.
"Greektown marks our first installation on every table for the grand opening of a casino," stated Steven J. Blad, chief executive officer and chairman of Casinovations. "This penetration reflects the reliability and efficiency of our device, which helps gaming operators increase productivity and security." Casinovations Random Ejection Shuffler was the first device of its kind to produce a truly unpredictable shuffle through its use of technology. While most shuffling machines repeat the same mechanical action, each shuffle in the Random Ejection Shuffler is unique. As a result, efforts by expert players to track the shuffle or use other methods to gain a significant advantage are eliminated. The Random Ejection Shuffler can shuffle six decks of cards in approximately three minutes, which greatly reduces the downtime due to manual card shuffling. As a result, productivity can be increased by an average 20%. The Random Ejection Shuffler is in use in more than 80 domestic and international casinos. Casinovations is a Las Vegas-based developer, manufacturer
and distributor of an automatic card shuffler product line, which includes
the Random Ejection Shuffler and the Continuous Random Ejection Shuffler.
Casinovations™ and VendingData.com™ are wholly owned subsidiaries of
VendingData™ Corporation. VendingData Corporation features the SecureDrop™
Systems product line. Casinovations distributes the Random Ejection Shuffler™,
an automatic card shuffler, product line. VendingData.com will offer business-to-business
services for the vending machine industry. VendingData Corporation currently
has regulatory approvals for the distribution of its products in multiple
domestic and international jurisdictions.
CONTACT:
This release contains forward-looking
statements. Such statementsreflect and are subject to risks and uncertainties
that could cause actualresults to differ materially from expectations.
Factors that could causeactual results to differ materially from expectations
include, but are notlimited to, the following: changes in the level of
consumer or commercial acceptance of the company's existing products and
new products as introduced; competitive advances; acceleration and/or deceleration
of various product development and roll out schedules; higher than expected
manufacturing, service, selling, administrative, product development and/or
roll out costs; current and/or unanticipated future litigation; regulatory
and jurisdictional issues involving VendingData (TM) Corporation or its
products specifically, and for the gaming industry in general; general
and casino industry economic conditions; the financial health of the company's
casino and distributor customers both nationally and internationally; and
the risks and factors described from time to time in the company's reports
filed with the Securities and Exchange Commission.
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