Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) ("Shuffle
Master” or the "Company”) announced today that it will exhibit at the
International Gaming Expo (IGE) being held in London, United Kingdom,
January 26-28. Product demonstrations will be available at stand 3450.
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:
-
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.
-
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.
-
Blackjack Switch®. A blackjack
variant where players receive two blackjack hands and have the
opportunity "switch” the order of their cards in order to make their
best possible blackjack hand, Blackjack Switch also includes a Super
Match side bet that rewards players if their first four cards contain
a pair or better. Shuffle Master recently became the game’s exclusive
distributor outside of the United Kingdom, and offers the game with a
progressive.
-
Rapid Craps™. By combining a
traditional craps table and live dice with up to 18 touch-screen
betting terminals, Rapid Craps improves game productivity and security
by automating many of the game’s elements which make it costly to
operate. Players place their wagers on individual touch screens, and
once all wagers have been placed, the dice are thrown and any winning
bets are resolved instantly.
"IGE is an important exhibition for our company, as it gives us an
excellent opportunity to share our latest innovations with our customers
and receive their valuable feedback,” comment Ing. Ernst Blaha,
President of Shuffle Master’s European subsidiary CARD. "Our 2010
product-line up is no exception, where we will be displaying several
products that can help Europe’s operators save operating expenses while
maximizing the revenue on their floors.”
During the exhibition, the company will also accentuate its 12-Point
Pledge commitment to working with its customers to provide customized
product solutions that meet individual property needs.
"We look forward to exhibiting at the upcoming International Gaming
Expo,” stated Timothy J. Parrott, Shuffle Master’s Chief Executive
Officer. "As the worldwide gaming industry continues to feel the impact
of the global recession, our flexible product and service solutions help
our customers maximize their gaming floors, and we are committed to
working side by side with them to help them better address the daily
operational challenges they face.”
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 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 products in each of our segments 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; 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.
