Archive for January, 2010

BETXTECH TO SHOWCASE TURN-KEY NO-RISK SPORTS BETTING SOLUTIONS AND CASINO SLOT TICKET VOUCHER REDEMPTION TERMINALS AT IGE 2010

Friday, January 22nd, 2010

FOR IMMEDIATE RELEASE

Contact: +44 (0)20 8123 0968

em: info@betxtech.com

Date: 23 January 2010 em: info@betxtech.com

BETXTECH TO SHOWCASE TURN-KEY NO-RISK SPORTS BETTING SOLUTIONS AND CASINO SLOT TICKET VOUCHER REDEMPTION TERMINALS AT IGE 2010

– RETAIL SPORTSBOOK AND VOUCHER REDEMPTION TERMINALS

TARGETING AGCs, CASINOS, BINGO HALLS and LBOs –

LONDON, UK– 23 JANUARY 2010 – BetXTech, a niche focused software development and system integration firm, has announced it will be making its third consecutive International Gaming Expo appearance to showcase their No-Risk, Self-Service Sports Betting kiosk terminals, cashier and odds display systems. The company will also have on hand their casino slot ticket Voucher Redemption solution, an IGT EZ Pay and Bally Technologies integrated Voucher Redemption Terminal (VRT) for jackpot payouts.

BetXTech has been in the business of developing betting software the past 5 years, and has concentrated its efforts on delivering no-risk, retail-based solutions to adult gaming centres, bingo halls, betting shops and casinos. The company initially launched their first no-risk solution, an over the counter cashier betting terminal at the GIGSE 2005 show in Montreal, Canada, and thereafter deployed the solution for Malaysia’s Genting Group Star Cruises in 2006. It has since then commercialised innovative self-service sports betting terminals in 2007, and in 2008 added to their solutions offering odds display and results feed systems, as well as a casino payment solution. BetXTech’s client list is a diverse line-up consisting of split-licensed adult gaming centres and bingo halls as well as new and existing licensed betting offices and casinos. In the UK, the company boasts notable clients such as Rank Group Grosvenor Casinos, Shipleys Amusements (Shipleysbet), Noble Amusements (Noblebet), Talarius, Pat Potter Sports, Playland Holdings (Playbet), Betgeorge, Kings Gaming, Miragebet, BJs Bingo, and Casino Red as part of its growing deployment list. BetXTech is supplying its VRT solution to Tirana, Albania based Regency International Casino and Grosvenor Casinos in Leeds. The company deployed on the African continent its no-risk cashier system to Lusaka, Zambia based Playtime Limited Casino. Most recently, sports betting EPOS terminals were deployed in the Philippines with PAGCOR authorised agent outlets.

Since unveiling their XSS-EPOS no-risk sports betting terminal at the 2006 Betting Show in Birmingham, UK, the company has received lots of interest from the market about the innovative new model of providing operators solutions that are based on the No-Risk concept. This interest has come on strong more recently specifically in the AGC and Bingo Hall arena where operators are obtaining split premise licenses to operate also as an LBO in the same venue allowing them to compete with traditional local bookmakers.

European based casinos are also adapting towards the coin-less operation, and opting for the introduction of self-service voucher redemption terminals in order to leverage the many benefits the solution provides. BetXTech’s voucher redemption terminal supports slot machine gaming TITO (Ticket In Ticket Out) environments with slots and casino management solutions based on technologies developed by the likes of IGT, Progressive Gaming International Corp, and Ballys Technologies for instance. Slot machines equipped with Future Logic GEN2 printers integrate seamlessly with the VRT terminals which are cable of processing jackpot vouchers through IGT EZ-Pay using JCM American Corporation’s UBA Series validator and high volume cash dispensers using different currencies and denominations.

The boutique firm made the decision to exhibit again in this year’s new IGE show in order to seek out strategic partners interested in distributing the company’s no-risk sports betting and voucher redemption terminal solutions. The company is actively seeking Server Based gaming developers and Fixed Odds Betting Terminal suppliers to collaborate with. It also hopes to meet existing customers and new prospects interested in learning more about no-risk sports betting and self-service voucher redemption payment solutions.

BetXTech will be showcasing its solutions at STAND #4080 at the new International Gaming Expo from 26-28 January 2010 held in London’s Earls Court Exhibition Centre.

ABOUT BETXTECH

BetXTech, headquartered in the Isle of Man specialises in providing betting applications that enable no-risk Sports Betting for adult gaming centres, bingo halls, 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.