LAS VEGAS, July 11, 2013 /PRNewswire/ -- SHFL entertainment,
Inc. (NASDAQ Global Select Market: SHFL) ("SHFL" or the "Company")
announced today that it has begun the installation of its
Operator Wide Area Progressive ("OWAP") technology to
link 50 BJ Aces tables across 35 of Genting's casinos in the
United Kingdom.
(Logo:
http://photos.prnewswire.com/prnh/20121008/LA88315LOGO)
SHFL's OWAP technology
provides casino operators the ability to offer linked progressive
jackpots across multiple properties, leading to faster incrementing
and more frequent jackpots, while delivering even more excitement
for players.
"I am very pleased with the opportunity to provide Genting
properties our OWAP technology on such a large
scale," said Gavin Isaacs, Chief
Executive Officer for SHFL. "Our mission is to make gaming more
exciting for players, which in turn benefits our customers, and
OWAP does just that. By enabling greater action
across so many properties, the progressive jackpots quickly climb
to very appealing levels."
All 50 tables are scheduled to be linked by mid-August 2013.
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 configurations; Electronic Gaming Machines, which
include video slot machines; and newly introduced iGaming, which
features online versions of SHFL'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
and Twitter.
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 expectation that our products will
perform as they are designed to do and to and will meet the
profitability, performance and innovation expectations; our
expectation that we will provide players with a dynamic gaming
experience that, in turn, benefits our customers; and our
expectation that all tables will be installed according to the
proposed schedule. 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: unexpected changes in the market and
economic conditions and reduced demand for or increased
competition; our unanticipated inability to accomplish our
innovation objectives or our inability to accurately gauge the
commercial appeal of our products; and unexpected consumer response
to the products; and, unexpected events that impact the scheduled
installation of the tables.
SOURCE SHFL entertainment