LAS VEGAS, Dec. 12, 2012 /PRNewswire/ -- SHFL entertainment,
Inc. (NASDAQ Global Select Market: SHFL) ("SHFL" or the "Company")
has, through its subsidiary, received an unlimited Category 2
eGambling license from the Alderney Gambling Control Commission
("AGCC").
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"Alderney regulators have worked extremely hard over a number of
years to create a center of excellence for the regulation of online
gambling," said Robin Le Prevost,
Director of eCommerce Development for the Government of
Alderney. "That hard work is amply rewarded when companies of
SHFL's caliber elect to be licensed and regulated by Alderney as a
key location for their online activities. SHFL joins an
ever-growing community of the world's leading online operators and
service providers, which has established Alderney as the leading
jurisdiction for online gambling. We welcome SHFL and wish them
great success with this new venture."
This license will further SHFL's provision of its iGaming
business-to-business ("B2B") operations in legal jurisdictions in
Europe and also will allow the
Company to directly serve its proprietary table games, including
Let It Ride, Casino War, Three Card Poker, and Ultimate Texas
Hold'em, to its online B2B customers efficiently and
effectively.
"We are excited to expand the reach and exposure of our growing
online content portfolio, which includes some of the most
compelling table game brands in the world," said Gavin Isaacs, SHFL's Chief Executive
Officer. "By enabling us to house our recently acquired
equipment at a data center in Alderney, this license allows us to
be physically closer to the data centers of many of the world's
leading online gaming operators, resulting in better performance
and closer content integration."
About SHFL entertainment, Inc.
SHFL
entertainment, Inc. is a leading global gaming supplier committed
to making gaming more fun for players and more profitable for
operators through product innovation, and superior quality and
service. The Company operates in legalized gaming markets across
the globe and provides state-of-the-art, value-add products in five
distinct categories: Utility products, which include automatic card
shufflers and roulette chip sorters; Proprietary Table Games, which
includes live games, side bets and progressives; Electronic Table
Systems, which include various e-Table game platforms; Electronic
Gaming Machines, which include video slot machines; and newly
introduced iGaming, which features online versions of SHFL
entertainment's table games, social gaming, and mobile
applications. The Company is included in the S&P SmallCap 600
Index. Information about the Company and its products can be found
on the Internet at www.shfl.com, or on Facebook, Twitter and
YouTube.
Forward Looking Statements
This release
contains forward-looking statements within the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
All statements included in this release other than statements that
are purely historical are forward-looking statements.
Forward-looking statements in this press release include, without
limitation: our strategy and ability for innovation and
exploitation of our technology, brands, and intellectual property
across all of our product lines, including our provision of our
iGaming B2B content in legal jurisdictions in Europe; our anticipation that all of our
products and game titles will be accepted in online markets
markets, will be commercially successful and will be received and
in-demand by online casinos and their customers; our expectation
that our products will perform as they are designed to do and to
and will meet our profitability, performance and innovation
expectations; our belief that the requirements of our privileged
licenses will not be changed, altered or revoked in a manner that
would impact our ability to conduct our business or market our
products as currently conducted or as we anticipate doing so. Our
beliefs, expectations, forecasts, objectives, anticipations,
intentions and strategies regarding the future, including without
limitation those concerning expected operating results, revenues
and earnings are not guarantees of future performance and are
subject to risks and uncertainties that could cause actual results
to differ materially from results contemplated by the
forward-looking statements, including but not limited to: our
unanticipated inability to accomplish our innovation objectives or
our inability to accurately gauge the commercial appeal of our
products; unexpected changes in the market and economic conditions
and reduced demand for or increased competition with SHFL's
products; increased infringement on SHFL's intellectual property or
proprietary brands; unanticipated changes in the laws, rules or
regulations governing gaming and iGaming and the regulation of
gaming in all markets.
SOURCE SHFL entertainment, Inc.