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Integrity Gaming Corp. V.IGAM

"Integrity Gaming Corp is a provider of gaming equipment and project financing to owners, operators, and managers of casinos and other regulated gaming venues. The company focuses on U.S tribal gaming markets where it leases and distributes slot machines, electronic table games, casino, and bingo equipments."


TSXV:IGAM - Post by User

Post by Riverfolkon Jul 13, 2017 6:18pm
90 Views
Post# 26466977

NEWS!!

NEWS!!

Mr. Peter Macy reports

INTEGRITY GAMING ANNOUNCES INSTALLATION OF FIRST GAMBLIT GAMING GAMES AND SIGNING OF NEW GAMING CONTRACT

Poydras Gaming Finance Corp.'s wholly owned Integrity Gaming Inc. has successfully deployed its first Gamblit Gaming machines at the Downstream Casino Resort in Quapaw, Okla. Gamblit Gaming, LLC is the leading technology provider in the emerging interactive-entertainment-meets-gambling space, enabling a wide range of video game genres to accommodate wagering experiences. Integrity has an exclusive agreement with Gamblit to distribute its products in tribal jurisdictions in Oklahoma and Texas. 

The recently installed Gamblit Model G interactive game tables are the first multiplayer skill games in the state, currently on the floor at Downstream Casino Resort, a state-of-the-art casino with over 2,000 gaming machines. The Model G consoles feature multiple games including Gamblit Poker, a poker-based game where the players get to pick their own cards by touching a "grab card" button on the interactive touch screen, and Cannonbeard's Treasure, a fast-paced skill game similar to Blackjack that features pirate ships firing upon one another as players race to achieve the target number. Requiring both skill and dexterity, these games add an interactive, party-like atmosphere to familiar game types, bringing the fun of competitive video games in a format that is attractive for both new and experienced players. 

"These consoles going live mark an important milestone in our development and position us as the leading provider of next-generation gaming devices in Oklahoma and Texas," said Peter Macy, chief executive officer of Poydras Gaming. "Gamblit's games have been designed to appeal to a wide demographic, retain existing users, attract new players, increase game play and ultimately, increase cash flow for our customers. We have multiple contracts in place to install Gamblit consoles and expect the success of this first installation will attract even more interest."

"We are very pleased to be working with Integrity as we launch in Oklahoma, which as the third-largest gaming market in the United States presents a particularly attractive opportunity for Gamblit Gaming's lineup of interactive gaming devices," said Eric Meyerhofer, CEO of Gamblit Gaming. "Integrity is a leading player and a trusted partner in Oklahoma, and its strong and enduring relationships make them the ideal partner as we deploy additional gaming machines in the region."

New machine placement agreement

Today Poydras also announced that Integrity has entered an agreement with the Choctaw Nation of Oklahoma to place gaming consoles at its Choctaw Casinos & Resorts. Headquartered in Durant, Okla., Choctaw Casinos & Resorts feature a variety of gaming, hotel and resort properties throughout southeastern Oklahoma. The placed machines will be comprised of games from Gamblit as well as Grand Vision Gaming, a manufacturer of Class III gaming machines. Poydras has an exclusive distribution agreement with Grand Vision Gaming and this will be the first installation in Oklahoma. Initial placement will be at Choctaw Casino & Resorts' flagship property in Durant, a AAA Four Diamond resort-and-entertainment destination.

"This agreement demonstrates the attractiveness of our line of exclusive machines in the gaming community, allowing us to expand and diversify our customer base," added Mr. Macy. "We are pleased to make this initial placement with a leading operator like the Choctaw Nation and look forward to increasing our relationship with them as these consoles demonstrate value."

The consoles are expected to be in place and generate revenue in the third quarter of 2017.

About Poydras Gaming Finance Corp.

Poydras Gaming is a regional slot route operator with over 2,600 revenue-generating gaming machines across casinos in Oklahoma and Texas. In addition, it distributes casino and bingo equipment and offers direct and on-line sales of gaming supplies for poker and bingo.

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