AC Coin & Slot Now Selling Games in Addition to Leasing

Expanded business model will increase North American install base and foster new game development

Oct 02, 2009, 17:16 ET from AC Coin & Slot

ATLANTIC CITY, N.J., Oct. 2 ,/PRNewswire/ -- AC Coin & Slot announced today that it will for the first time offer proprietary slot games for sale to casino customers throughout North America. The company will also continue to lease its proprietary slot games, giving customers the ability to combine purchase and lease options to suit individual budgets and profit margins. All of AC Coin & Slot's Class III for-sale bonusing machines will utilize award-winning IGT base games under a new agreement between the two companies.

"For more than 15 years, our customers have asked if we would sell our games," said Jason Seelig, executive vice president of sales and marketing. "We can now proudly answer, yes. Customers can now own some of the highest-earning games in the industry, keep all generated revenue, and realize the benefits of asset depreciation. At the same time, our company will realize further value from its customer relationships and take game development and innovation to new heights."

AC Coin & Slot's newly-expanded business model will increase the company's market share and enable customers to reach beyond restrictive lease budgets with customized lease/sale combinations. The company will now also be able to sell games to casinos that traditionally do not lease or lease very little. This will also give many casinos their first chance to offer their players a selection of AC Coin & Slot's industry-leading mechanical bonus and community bonus games. These games are currently installed in over 250 casinos throughout North America.

The agreement with IGT gives AC Coin & Slot the opportunity to develop games on all of IGT's newest platforms, as well as to seek alternative platforms to develop games in other gaming segments and jurisdictions throughout the world as well as seek out new partnerships in the Class II, and Central Determination Systems markets. Future games will provide a carefully planned roadmap for customers to build on the success and momentum of AC Coin & Slot's current lineup.

"Our company and its growth will no longer be limited by particular systems, platforms, or geographies, but will truly be defined by the high-earning products we make," says Jerry Seelig, Executive Vice President and General Manager.

AC Coin & Slot will launch their for-sale initiative at the upcoming G2E conference, November 17-19 at the Las Vegas Convention Center. AC Coin & Slot will occupy booth # 1231.

About AC Coin & Slot

In business since 1978, AC Coin & Slot® is the largest slot manufacturer and diversified casino supply company on the East Coast and one of the largest privately-owned companies of its kind in the world. The company offers turnkey solutions for casinos that encompass some of the highest earning proprietary bonusing slot machines and community games in the industry today AC Coin & Slot holds over 130 patents on these products. The company also holds over 180 gaming licenses in all major gaming jurisdictions in North America, and the Caribbean and is licensed in all Canadian provinces. AC Coin & Slot utilizes proven IGT pay tables in all bonusing slot machines. The company continues to provide some of the best custom interior signage, sculpted displays, ergonomic seating, and slot bases, all of which can be combined to form custom-themed slot environments. For further information about our company, our people and our innovations, please visit www.ac-coin.com.

SOURCE AC Coin & Slot



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