Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) announced today
that it will exhibit at the Global Gaming Expo (G2E) being held in Las
Vegas November 18-20. Product demonstrations will be available at booth
2129. Shuffle Master also announced that it will participate in the G2E
Gaming Investment Forum sponsored by Goldman Sachs and Deutsche Bank on
Monday, November 17 and Tuesday, November 18.
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™.
As Shuffle Master's newest Electronic Table System™,
the i-Table™ combines a variety of the
Company’s products to create an exciting new
table game experience. Utilizing six touch-screen player stations
embedded in a standard size blackjack table, the i-Table™
combines an intuitive electronic betting interface with a live dealer
who deals the selected game from either an i-Shoe Auto™
card reading shoe or one2six Plus™
continuous shuffler for games like blackjack and baccarat, or the
i-Deal™ specialty shuffler for games like
Three Card Poker™. By automating the
betting process, the i-Table™ dramatically
increases game security, accuracy and speed, resulting in a
significant increase in rounds per hour while eliminating errors.
Further, its integrated card and bet recognition functionality
instantaneously records a variety of crucial table game data points
and its real-time access to all card data gives the i-Table™
the ability to offer players true odds calculated by the value of
their initial two cards against the dealer’s
up-card. Finally, the i-Table™ platform
provides casinos with an unprecedented level of game versatility: its
integrated software and hardware configuration makes it easy to switch
between popular shoe-dealt games like blackjack and baccarat as player
demand dictates.
-
i-Shoe Auto™.
A smart alternative to a traditional dealing shoe, the i-Shoe Auto™
delivers cards to the front of the shoe automatically, reducing
repetitive stress injuries while making the dealing process easier and
more accurate than ever before. Its optical card recognition
technology automatically reads the rank and suit of each card as it is
dealt and uses this data to determine appropriate game outcome and
reduce game manipulation and collusion on multi-deck games like
baccarat. Featuring an easy-to-read LCD touch screen that displays the
accurate hand values once each round is complete, the i-Shoe Auto™
can also transmit game results to a remote location via the casino
network for further review and analysis.
-
one2six Plus™.
An enhancement to the one2six™ multi-deck
continuous shuffler designed specifically for use on the i-Table™,
the one2six Plus™ incorporates optical card
recognition technology with continuous shuffling to virtually
eliminate blackjack card counting and shuffle tracking. Using an
optical camera located in the front of the shuffler, the one2six Plus™
reads each card as it is dealt from the shoe and relays this
information to the i-Table™’s
operating software so that once each round is complete, all wagers are
resolved accurately.
-
Roll Your Own Blackjack™.
A single-deck blackjack game, Roll Your Own Blackjack™
features a three-card bonus bet that pays odds when players receive a
Flush or higher. Players receive three cards to make two blackjack
hands: the best two cards are used to form their starting hand and the
third card will be used for their second hand.
-
New Table Master™
platform features. A five-station electronic table game,
Shuffle Master’s Table Master™
platform will feature several new platform enhancements including new
video dealers, progressive jackpots, a blackjack tournament mode and
an enticing new odds bet for blackjack. Once each player receives his
first two cards and the dealer’s up card is
revealed, each player is offered true odds based on the likelihood
that their final blackjack hand will beat the dealer’s
final blackjack hand, and have the opportunity to match their original
wager to take odds and receive an additional payout.
"This year's Global Gaming Expo will be a significant event for Shuffle
Master because we will introduce the industry to the i-Table™,
a cutting-edge table game platform that we are confident will have a
significant impact on the gaming industry," stated Mark L. Yoseloff,
Ph.D., Chairman and Chief Executive Officer. "As operators continually
look for ways to maximize the profitability of their table games,
innovative products that can reduce operating expenses, increase table
productivity and offer players additional wagering options are becoming
more and more important. With its rich selection of table game content,
its numerous productivity enhancing features and its wealth of vital
table game data, the i-Table™ will provide
operators with an unprecedented way to offer popular games like
blackjack and baccarat to their players, and we anticipate that the
product will be welcomed by the show's attendees."
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 includes 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 electronic multi-player table game platforms, and Electronic
Gaming Machines which include traditional video slot machines for select
markets and wireless gaming solutions. 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: changes in the level of consumer or
commercial acceptance of the Company’s
existing products and new products as introduced; increased competition
from existing and new products for floor space in casinos; continued
consolidation of gaming operations; acceleration and/or deceleration of
various product development, promotion and distribution schedules;
product performance issues; higher than expected manufacturing, service,
selling, legal, administrative, product development, promotion and/or
distribution costs; changes in the Company’s
business systems or in technologies affecting the Company’s
products or operations; reliance on strategic relationships with
distributors and technology and manufacturing vendors; current and/or
future litigation, claims and costs or an adverse judicial finding; tax
matters including changes in state, federal, or foreign state tax
legislation or assessments by taxing authorities; acquisitions or
divestitures by the Company or its competitors of various product lines
or businesses and, in particular, integration of businesses that the
Company may acquire; changes to the Company’s
intellectual property portfolio, such as the issuance of new patents,
new intellectual property licenses, loss of licenses, claims of
infringement or invalidity of patents; regulatory and jurisdictional
issues (e.g., technical requirements and changes, delays in obtaining
necessary approvals, or changes in a jurisdiction’s
regulatory scheme or approach, etc.) involving the Company and its
products specifically or the gaming industry in general; general and
casino industry economic conditions; our ability to attract and retain
key personnel; the financial health of the Company’s
casino and distributor customers, suppliers and distributors, both
nationally and internationally; adverse changes in the creditworthiness
of parties with whom the Company has significant receivables; the pace
of gaming expansion and the influence of anti-gaming constituents; the
Company’s ability to successfully and
economically integrate the Table Game Division business acquired from
Progressive Gaming International Corporation ; the Company’s
high level of indebtedness, and specifically the Company’s
ability to meet debt service obligations and to refinance indebtedness,
including the Company’s $150,000,000
contingent convertible senior notes (the "Notes”)
and the Company’s $100,000,000 senior secured
revolving credit facility (the "Revolver”),
which will depend on the Company’s future
performance and other conditions or events and will be subject to many
factors that are beyond the Company’s
control; various risks related to the Company’s
customers’ operations in countries outside
the United States, including currency fluctuation risks, which could
increase the volatility of the Company’s
results from such operations. 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 annual
report on Form 10-K.
