It’s hard to believe that 20-plus years ago the vast majority of the cages in our industry were operating under a completely manual system. Manual markers, manual pit fills and credits, manual microfilming of the checks, manual table games openers and closers, and way too many other manual functions to mention. And even now there are many cage and credit functions that are still manual—and outdated. Cage automation has been somewhat slow, but every year at G2E and NIGA I see a much brighter light at the end of the tunnel.
Multimedia Games, incorporated in Texas in 1991, is a manufacturer of high-quality gaming machines, innovative technology and systems. Multimedia Games set out to push the technological envelope and make giant strides in all areas—not only game development and titles, but also casino management, back office systems development, new gaming systems, innovative communications, networked technologies and player tracking systems.
Occasionally a sleeping giant wakes. You have seen it before but may not have realized its scope or the potential that exists. CashCode may be just that. Crane Co. produces everything from critical aircraft systems and components for control of landing systems to nanotechnology used in Superfund site remediation and had produced coolant hardware for the Apollo space missions.
The topic of critical thinking is something that is stressed in business college. It’s important that we learn to look at things from different angles before we render an opinion or make a crucial decision. Some situations aren’t always the same as they first appear. This is true even in casino game protection. Sometimes failing to look at the “big picture” will prevent us from seeing the real problem.
Read the latest casino and gaming news here. This month, stories on Bally's appointments, market re-entry; IGT's new VP of HR; Reel-TV's new CTO; GLI's new representatives; Aruze's new CFO; TransAct's office expansion; Global Cash Access' approval; Gary Platt's shipments; Konami's UNLV donation; Barona's promotions; the NIGC's new members, and much more.
Recently released economic data shows that the United States economy is continuing to struggle. The most recent United States gross domestic product (GDP) figures, released in July, revealed that the GDP grew at a rate of 2.4 percent during the second quarter of 2010, a rate lower than forecasted.
Licensing is the process by which the government of a jurisdiction decides who it will allow to enter or associate with the gaming industry. This is based on the concept that it is easier to exclude unfit persons before they obtain a license, as opposed to going through the legal steps to take a license away from an unsuitable party. Thus, licensing attempts to rely on the regulator’s adeptness to predict an applicant’s future behavior.
What is it about life that causes us to like what we have and love what we don’t? The quintessential thing that causes us to revert to being 10 years old again, standing in front of the store window, drooling at the hope that we will get that cool new present for our birthday. We like our current toys, but we lust after the toys we don’t have.
Five years ago, the Chilean Congress passed its most significant gaming law in the nation’s history. The law, first driven by the administration of then President Eduardo Frei, had been on the table since 1999 and was aimed at regulating casinos, increasing their numbers, and more equally distributing the tax revenue they generated.
