Lancaster firm gets casino deal
| 05 August 2006 |
As reported by: Philadelphia Inquirer
A Lancaster company has clinched a coveted deal with the nation's largest slot-machine manufacturer to be its exclusive distributor in Pennsylvania.
PAP Security Printing Inc., which makes security-sensitive paper stock, blank lottery tickets, casino coin wrappers and automated teller receipts, has firmed up a multiyear agreement with Reno, Nev.-based International Game Technology Inc.
IGT, whose products account for about seven out of 10 slot machines in Atlantic City, is expected to get a substantial share of the business in Pennsylvania, where lawmakers have approved as many as 61,000 slot machines at 14 locations across the state.
"Getting IGT was the big jackpot if you're in the slot-machine distributor business," said Joseph Weinert, vice president of the consulting firm Spectrum Gaming Group. "IGT is almost a Microsoft of the slots industry, and we don't see that changing."
Pennsylvania's law requires manufacturers to deal with prospective casinos through the distributors. The Pennsylvania Gaming Control Board has licensed 16 distributorships so far, including some whose principals have strong political connections.
Article By: Philadelphia Inquirer
PAP Security Printing Inc., which makes security-sensitive paper stock, blank lottery tickets, casino coin wrappers and automated teller receipts, has firmed up a multiyear agreement with Reno, Nev.-based International Game Technology Inc.
IGT, whose products account for about seven out of 10 slot machines in Atlantic City, is expected to get a substantial share of the business in Pennsylvania, where lawmakers have approved as many as 61,000 slot machines at 14 locations across the state.
"Getting IGT was the big jackpot if you're in the slot-machine distributor business," said Joseph Weinert, vice president of the consulting firm Spectrum Gaming Group. "IGT is almost a Microsoft of the slots industry, and we don't see that changing."
Pennsylvania's law requires manufacturers to deal with prospective casinos through the distributors. The Pennsylvania Gaming Control Board has licensed 16 distributorships so far, including some whose principals have strong political connections.
Article By: Philadelphia Inquirer
Post a Comment
Top Online Casino Choice
Aladdins Gold Casino

Steal The Magic Lamp | Help Aladdin steal the magic lamp by guessing the 6 letter password to the treasure chest and you could walk away with a huge cash prize.

Steal The Magic Lamp | Help Aladdin steal the magic lamp by guessing the 6 letter password to the treasure chest and you could walk away with a huge cash prize.
Bodog Casino

100% Casino Match Bonus | On your first chip purchase in the Bodog Casino, receive a 100% match bonus of up to £/€/$50, instantly

100% Casino Match Bonus | On your first chip purchase in the Bodog Casino, receive a 100% match bonus of up to £/€/$50, instantly
Share it
Latest News
- Shuffle Master Receives Top Honors at Inaugural International Table Games Awards
Date: 08 February 2012 - PopCap Games - Leap Year: Will He Marry You?
Date: 08 February 2012 - PopCap Games to Launch Solitaire Blitz©, an All-New Social Game for the Facebook Platform
Date: 08 February 2012 - Bally Technologies Acquires Business-to-Business Remote Gaming Server
Date: 08 February 2012 - Caesars Entertainment Corporation Publicly Lists Its Shares
Date: 08 February 2012 - Revinate Selected by AlwaysOn as an OnMedia Top 100 Winner
Date: 08 February 2012 - Wheeling Island Casino Selects AIM for Critical Casino CRM
Date: 08 February 2012 - From Spinning Slots to Speeding Through the Stars ... Kansas is Brimming With New Adventures in 2012
Date: 08 February 2012 - Gamesys: Online Bingo Players Lucky Number Nets Her a Sensational Win!
Date: 08 February 2012 - Game On: Virtual Goods Generating Millions for German Gaming Industry
Date: 08 February 2012







Readers Comments
No comments have been submitted yet for this article.