Archive for January, 2008

BETXTECH TO SHOWCASE SPORTS BETTING KIOSKS AND CASINO SLOT TICKET REDEMPTION TERMINALS AT ICE 2008

Saturday, January 5th, 2008

BETXTECH TO SHOWCASE SPORTS BETTING KIOSKS AND

CASINO SLOT TICKET REDEMPTION TERMINALS AT ICE 2008

– RETAIL SPORTSBOOK AND VOUCHER REDEMPTION TERMINALS

TARGETING CASINOS –

LONDON, UK– 07JANUARY 2008 – BetXTech, a niche focused software development and system integration firm, has announced it will be making its debut ICE appearance, to showcase their No-Risk, Self-Service Sports Betting kiosk terminals, as well as its newly developed casino slot ticket redemption solution, an IGT EZ Pay integrated Voucher Redemption Terminal (VRT).
BetXTech EPOS Self-Service Betting Terminal
BetXTech
has been in the business of developing betting software the past 3 years, and has concentrated a large part of its efforts on delivering no-risk, retail-based solutions to betting shops and casinos. The company initially launched their flag-ship commercial Sportsbook product, the XSS-EPOS betting terminal, at the 2006 Betting Show in Birmingham, UK. The company has just recently successfully completed 1-year trials of the solution in association with several licensed betting operations throughout the UK and Ireland, with significant results.

Because of BetXTech’s electronic point of sale (EPOS) software and hardware integration expertise, the company was approached by leading casino operator, Regency International, to develop a bespoke slot ticket redemption terminal that would support cashless slot machine gaming (TITO – Ticket In Ticket Out) at Regency’s newly established Romania based casino. Regency’s slot machines are equipped with Future Logic GEN2 printers, and BetXTech’s XSS-VRT terminals will be capable of processing the slot ticket jackpot vouchers through IGT EZ-Pay using JCM American Corporation UBA Series validator and a high volume cash dispenser, featuring hefty 3000 note capacity cassettes with four different currency denominations. The VRT solution is to be delivered to Regency International beginning of Q1 2008. BetXTech Casino Slot Voucher Redemption Terminal

The boutique firm made the decision to become an exhibitor in this year’s ICE show in order to seek out strategic partners interested in distributing the company’s self-service sports betting and voucher redemption terminals to casinos. “Our decision to attend ICE 2008 this year as an exhibitor will surely prove to be one of the company’s major decisions leading to future business. We feel a good number of established casino suppliers will take an interest in our innovative and cost effective solutions as complimentary offerings to their existing portfolio”, says Melcom Copeland, a Director of BetXTech.

BetXTech will be showcasing its solutions at STAND #3032 at the International Casino Exhibition.

ABOUT BETXTECH

BetXTech, headquartered in the UK under the trading name of Betting Exchange Technologies Limited, specialises in providing betting applications that enable no-risk Sportsbetting for casinos and bookmakers. The Company’s management team consists of experienced operations, software development, and finance personnel who collectively have over 20 years of online gambling and sports wagering software development. For more information, visit http://www.betxtech.com.