EC Development, Inc. Develops Bingo-Based Central Determinate Gaming Engine for Use in Class II Gaming Devices
November 20 2013 - 9:55AM
Business Wire
EC Development, Inc. (OTCPink: ECDI) announced today that
it has developed a central determinate gaming engine for
development of gaming systems based on a centralized bingo system.
The centralized bingo system is an essential component to qualify a
gaming device as a Class II device (also known as bingo). Class II
gaming devices are defined as games of chance (whether or not
electronic, computer, or other technological aids are used in
connection therewith) with pre-defined wins and payouts. The ECDI
Class II gaming engine provides the crucial “bingo-based” game for
all the connected gaming devices and can be deployed in online
games, slot machines and machines which look, feel and play like
Class III games with identical content but with the distinct
advantages afforded to the gaming establishment using Class II
devices. In many gaming environments, including tribal casinos as
well as some Latin American jurisdictions, all devices must be
Class II but, even in those environments where Class III devices
are used, Class II devices present unique advantages including
avoiding the ever-increasing taxes levied on Class III gaming
devices. In recent years, dramatic increases in content and quality
of Class II devices have brought them to near parity with Class III
devices and an ever-increasing portion of the $13.0 earned billion
by gaming devices in the United States (2012 results).
“The new Bingo Engine has been designed for flexibility allowing
use with both legacy Class III game content and online game content
as well as newer Class II games but, most importantly for both our
existing customers and new customers, it was also built from the
ground up to integrate with our Tahoe CMS™ casino management
solutions providing accurate and efficient accounting, reporting,
affinity and frequent use tracking and player rewards,” stated Gene
Estep, CEO of EC Development, Inc. “We are excited to provide this
product and look forward to the opportunities it provides.”
About EC Development, Inc.
EC Development, Inc. (ECDI), founded in 2005, designs,
developments and markets software for the U.S. and international
gaming and casino markets. The software monitors, audits, analyzes
and manages all financial transactions and customer activities for
casinos and other gaming related environments.
Its flagship technology, the Tahoe CMS™ (Casino Management
System) is a complete Class II and Class III game accounting system
and offers customers a packaged, fully modern, fully computerized
slot accounting, promotions, marketing, and reporting system which
allows a casino to run virtually any vendor's games on one system,
completely negating the need to have disparate systems while also
enabling the use of some truly cutting edge marketing tools.
For more information on the company, please visit
www.ecdevonline.com.
EC Development, Inc.John Anderson,
877-296-3163info@ecdevonline.com