Published:
Multimedia Games' First Community Gaming Product Installed at Oklahoma's Largest Gaming Venue
AUSTIN, Texas - (BUSINESS WIRE) - Marking the commercial launch of its Community Gaming series, Multimedia
Games, Inc. (Nasdaq: MGAM) ("Multimedia" ) announced today the first
installations of Sport of Kings at the Chickasaw Nation's WinStar
World Casino in Oklahoma. This first bank of eight Sport of Kings
units are located in the new "Rome" section of the recently expanded
casino where Multimedia now has 2,440 units installed.
Sport of Kings is Multimedia's initial game offering for the
Community Gaming category which links multiple players in bonus rounds
that get activated by side bets. The five video reel, twenty line, penny
denomination Sport of Kings game is deployed in Multimedia's
Player HD Wide Screen cabinet, which since its introduction has garnered
strong customer, industry and player response. The Player HD Wide Screen
cabinet features an expanded 16:9 aspect screen ratio and the additional
available screen space displays bonus and other entertainment value
features. An overhead display screen broadcasts the community bonus
round which deploys Multimedia's proprietary technology.
Anthony Sanfilippo, President and Chief Executive Office of Multimedia,
commented, "Our Community Gaming launch and this Sport of Kings
installation represents an inflection point in Multimedia's initiative
to expand our footprint of innovative, in-house developed Class III
gaming products at tribal and commercial casinos in North America. The
horse racing theme of Sport of Kings brings players new levels of
excitement at the base game level and the entertainment value is quickly
enhanced by the communal bonus rounds as well as the feature benefits of
our Player HD gaming cabinet. We are very pleased to be launching Sport
of Kings and our Community Gaming product category at WinStar, an
innovative operator that has successfully brought new gaming experiences
to players."
Juan Rico, Gaming Operations Manager for Chickasaw Nation Division of
Commerce, noted, "WinStar World Casino is committed to bringing the
finest electronic gaming entertainment to our patrons and with Sport
of Kings, Multimedia has taken a holistic approach to marrying its
technology, content and gaming cabinet resulting in a product that we
expect will generate consistently strong play. We're pleased to be the
first casino to offer this innovative game and look forward to future
Community Gaming and other unique product introductions from Multimedia."
Sanfilippo added, "Multimedia has a well-defined Class III product
release plan based on the phased roll-out in new jurisdictions, subject
to licensing requirements, of market proven games and platforms such as
our high definition gaming cabinet, and our strategy of marketing new,
advanced offerings for niche categories of the slot floor such as
Community Gaming. With a sales organization led by accomplished Class
III gaming industry veterans, an initiative to secure gaming licenses in
new jurisdictions, and products designed to meet the entertainment
demands of today's slot player, we are optimistic that we can
consistently grow the Company's Class III product market share."
Sport of Kings Game Play Description
Sport of Kings' horserace-centric game play features video reel
symbols with all the trappings of a day at the track, including wreaths
of roses, horseshoes, betting windows and jockey caps. As players bet
the maximum bet, they accumulate "tickets" when any three scattered
ticket symbols appear and ultimately enable the Community Bonus feature.
At selected intervals, the Call to Post sounds signaling the beginning
of the Community Bonus round and prompting players to bet on the eight
horses in the race displayed on their game screen and on the overhead
LCD screen. As the race unfolds, players cheer for their horse as they
receive a multiplier of the bet depending on what place their horse
finishes.
About Multimedia
Gaming technology developer and distributor, Multimedia, is a creator
and supplier of comprehensive systems, content and electronic gaming
units for Class III and Class II Native American gaming markets, as well
as for commercial casinos and charity and international bingo markets.
Multimedia has approximately 17,000 gaming units in operation
domestically and internationally installed on revenue-sharing
arrangements. The Company also supplies the central determinant system
for approximately 13,000 video lottery terminals ("VLTs" ) installed at
racetracks in the State of New York. Multimedia is focused on the
further development of new gaming systems and products for the markets
it currently serves as well as for new domestic and international market
opportunities. Additional information may be found at www.multimediagames.com.
Cautionary Language
This press release contains forward-looking statements based on
Multimedia's current expectations and projections of future events and
facts and circumstances present as of the date of this press release.
All forward-looking statements are intended to qualify for the safe
harbor from liability established by the Private Securities Litigation
Reform Act of 1995. The words "will," "first," "consistently," "plan,"
"initiative," "focused," "designed," "optimistic," "expect," "project,"
"anticipate," "continue," "intend," "pursue," "believe" or the negative
or other variations thereof or comparable terminology as they relate to
Multimedia and its products and markets are intended to identify such
forward-looking statements. These forward-looking statements include,
among other things, references to future actions, new projects,
strategies, future performance, outcomes of contingencies and future
financial results of either Multimedia or its customers.
These forward-looking statements reflect the current views and
assumptions of Multimedia, and are subject to various risks and
uncertainties that cannot be predicted or qualified and could cause
actual results in Multimedia's performance and / or the outcome of its
initiatives to differ materially from those expressed or implied by such
forward looking statements. These risks and uncertainties include, but
are not limited to, the risk inherent to implementing new strategies and
/ or initiatives, including but not limited to, player preferences and
reactions, casino employment of the games, location of the games on the
casino floor, and; the risk of equipment malfunction; the possible
negative effects of local and national economic conditions on both
commercial and tribal gaming markets; changes in laws, regulations and
future decisions of courts, regulators, and governmental bodies; and the
Company's ability to comply with restrictions contained in its credit
facility. Other important risks and uncertainties that may affect the
Company's business are detailed from time to time in the "Certain Risks"
and "Risk Factors" sections and elsewhere in Multimedia's filings with
the Securities and Exchange Commission. Multimedia disclaims any
intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.
Multimedia Games, Inc.
Ginny Shanks, 512-334-7500
Chief
Marketing Officer
or
Jaffoni & Collins Incorporated
Joseph
N. Jaffoni or Richard Land, 212-835-8500
mgam@jcir.com
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Tags: Business wire, oklahoma, texas, Games and Multimedia
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