Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) ("Shuffle
Master” or the "Company”) announced today that it will exhibit at the
Global Gaming Expo (G2E) being held in Las Vegas, November 17-19.
Product demonstrations will be available at booth 2044. Shuffle Master
also announced that it will present at the Deutsche Bank Securities Inc.
and USB Investment Bank Gaming Investment Forum on November 16 at the
Las Vegas Convention Center. A link to the webcast and a copy of the
presentation will be available in the "For Investors” section of the
Company’s website at www.shufflemaster.com.
In keeping with the Company’s emphasis on providing its customers with
value-added products that drive profitability while reducing operating
expenditures, Shuffle Master will highlight several new products
including the following:
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i-Table™ for specialty games. As
Shuffle Master's newest Electronic Table System™ offering, the
i-Table™ for specialty games expands the i-Table™ platform with a
single-deck game version that utilizes the Company’s i-Deal® shuffler
to deliver games like Three Card Poker™ and Ultimate Texas Hold ‘Em™.
By automating the betting and wager resolution process, the i-Table™
dramatically increases game security, accuracy and speed, resulting in
a significant increase in rounds per hour while eliminating errors, a
key advantage on proprietary table games that have paytables with high
odds and complicated payouts.
-
i-Verify™. An LCD touch screen
display embedded into the table between the chip tray and the player
betting positions, the i-Verify™ communicates with the i-Deal® single
deck specialty shuffler to instruct the dealer how to set his hand
according to house procedures. This innovation eliminates a common
dealing barrier to games like Pai Gow Poker because it eliminates the
need for dealers to memorize complex house-way rules.
-
Dealer Bluff Six Card Poker™.
Featuring head-to-head play against the dealer and an optional bonus
bet, Dealer Bluff Six Card Poker™ is the first table game to
incorporate the card-reading capabilities of an automatic card
shuffler into game play. Players and the dealer each receive six cards
to make their best five-card poker hand, and when the dealer pulls his
hand from the i-Deal® shuffler, the shuffler reads his hand and makes
a bet based on the strength of that hand which is reflected on an LCD
display embedded in the table. If the dealer’s hand is good, he bets a
large amount, and occasionally the dealer will bluff and slow-play.
-
New Table Master® game titles. A
five-station electronic table game, Shuffle Master’s Table Master™
platform will feature two new games: Fortune Pai Gow Poker™ and
Mississippi Stud™. Available with an optional progressive jackpot,
Fortune Pai Gow Poker™ considers the best hand possible among a
player’s seven cards, and players are eligible for Envy Bonuses when
they make a Fortune wager of at least $5. Mississippi Stud™ players
receive two cards that are combined with three community cards to make
a five card poker hand, and may bet up to 10 units on a single hand.
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Vegas Star® Roulette. With pays
ranging from even money to 35 to 1, Vegas Star® Roulette features a
single result, a variety of betting options and can accommodate up to
32 individual player stations per game. Game play is conducted by an
attractive video dealer who spins the ball and announces the result,
and the main display includes game statistics and recent spin trends.
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Electronic Gaming Machines.
Highlighting popular stand-alone progressive titles like Deep Sea
Dollars™ and Double Firecracker™, the EGM product display will include
the Jesters Reward™ progressive link and multiple stand-alone games
including Lonesome George™, a Galapagos-island themed game and Gold
Country™, a title centered around the gold rush.
"Our 2009 G2E product line-up includes the most extensive array of
products we have ever displayed and demonstrates the strength of our
research and development team,” commented Roger Snow, Executive Vice
President and Chairman of the Corporate Product Group. "Dealer Bluff Six
Card Poker™ and the i-Verify™ house-way verifier are excellent
extensions of the card-reading capabilities of the i-Deal® shuffler, and
the innovations represented by our e-Table products should be well
received by the show’s attendees.”
"This year’s Gaming Global Expo will be a significant event for Shuffle
Master because in addition to emphasizing new developments in all of our
product categories, we will introduce our new worldwide branding
initiative that reaffirms our commitment to working closely with our
customers to provide flexible product and service solutions,” stated
Timothy J. Parrott, Shuffle Master’s Chief Executive Officer. "We
believe that Shuffle Master is at the forefront in recognizing and
developing products that address daily operational challenges faced by
casinos, and we look forward to working shoulder to shoulder with our
customers to help them maximize their gaming floors.”
About Shuffle Master, Inc.
Shuffle Master, Inc. is a gaming supply company specializing in
providing its casino customers with improved profitability, productivity
and security, as well as popular and cutting-edge gaming entertainment
content, through value-add products in four distinct categories: Utility
products which include automatic card shuffler, roulette chip sorters
and intelligent table system modules, Proprietary Table Games which
include live table game tournaments, Electronic Table Systems which
include various e-Table game platforms and Electronic Gaming Machines
which include traditional video slot machines for select markets. The
Company is included in the S&P Smallcap 600 Index. Information about the
Company and its products can be found on the Internet at www.shufflemaster.com.
Forward-Looking Statements
This release contains forward-looking statements that are based on
management’s current beliefs and expectations about future events, as
well as on assumptions made by and information available to management.
The Company considers such statements to be made under the safe harbor
created by the federal securities laws to which it is subject, and
assumes no obligation to update or supplement such statements.
Forward-looking statements reflect and are subject to risks and
uncertainties that could cause actual results to differ materially from
expectations. Risk factors that could cause actual results to differ
materially from expectations include, but are not limited to, the
following: the Company’s intellectual property or products may be
infringed, misappropriated, invalid, or unenforceable, or subject to
claims of infringement, invalidity or unenforceability, or insufficient
to cover competitors' products; the gaming industry is highly regulated
and the Company must adhere to various regulations and maintain its
licenses to continue its operations; the transition to a new chief
financial officer could be disruptive to the Company’s business or
simply unsuccessful; the Company’s ability to implement its ongoing
strategic plan successfully is subject to many factors, some of which
are beyond the Company’s control; litigation may subject the Company to
significant legal expenses, damages and liability; the Company’s
products currently in development may not achieve commercial success;
the Company competes in a single industry, and its business would suffer
if its products become obsolete or demand for them decreases; any
disruption in the Company’s manufacturing processes or significant
increases in manufacturing costs could adversely affect its business;
the Company’s gaming operations, particularly its Utility, Proprietary
Table Games, Electronic Table Systems and Electronic Gaming Machines,
may experience losses due to technical difficulties or fraudulent
activities; the Company operates in a very competitive business
environment; the Company is dependent on the success of its customers
and is subject to industry fluctuations; risks that impact the Company’s
customers may impact the Company; certain market risks may affect the
Company’s business, results of operations and prospects; a continued
downturn in general worldwide economic conditions or in the gaming
industry or a reduction in demand for gaming may adversely affect the
Company’s results of operations; the Company’s domestic and global
growth and ability to access capital markets are subject to a number of
economic risks; economic, political, legal and other risks associated
with the Company’s international sales and operations could adversely
affect its operating results; changes in gaming regulations or laws; the
Company is exposed to foreign currency risk; the Company could face
considerable business and financial risk in implementing acquisitions;
if the Company’s products contain defects, its reputation could be
harmed and its results of operations adversely affected; the Company may
be unable to adequately comply with public reporting requirements; the
Company’s continued compliance with its financial covenants in its
senior secured credit facility is subject to many factors, some of which
are beyond the Company’s control; the restrictive covenants in the
agreement governing the Company’s senior secured credit facility may
limit its ability to finance future operations or capital needs or
engage in other business activities that may be in its interest; the
Company’s available cash and access to additional capital may be limited
by its leverage; and the Company’s business is subject to quarterly
fluctuation. Additional information on these and other risk factors that
could potentially affect the Company’s financial results may be found in
documents filed by the Company with the Securities and Exchange
Commission, including the Company’s current reports on Form 8-K,
quarterly reports on Form 10-Q and its latest annual report on Form 10-K.
