LAS VEGAS, Feb. 28, 2017 /PRNewswire/ -- GameCo, Inc., creator of the world's first Video Game Gambling Machines (VGM), announced today that it has received certification from the gaming industry's leading testing and compliance certification agency, Gaming Laboratories International (GLI) under GLI-11, the most widely accepted gaming standard worldwide.
Approval of GameCo's VGM under the GLI-11 standard is a significant component in the process that allows the company to deploy VGMs in most gaming jurisdictions that currently allow slot machines and electronic table games.
GameCo's proprietary VGM is an arcade-style cabinet featuring a single-player 30-90 second video game, adapted from top console, PC, and mobile developers. The VGM utilizes GLI-approved hardware components similar to traditional slot machines, with a patented math model that balances player skill and game design to manage the series of outcomes for all players.
"Obtaining GLI certification for the VGM is a huge milestone for GameCo, and for all skill-based gambling products," said Blaine Graboyes, CEO of GameCo. "The next wave of consumers that are looking for new and innovative products to capture their attention and engage them as new casino players are here now. It's exciting to be at the forefront of the evolution of casino gaming."
In addition to certification under GLI-11 standard, GameCo anticipates approval for its VGM in Connecticut, where the company plans to launch nearly 20 positions within the next month.
GameCo changed history in November 2016 when it became the first skill-based gaming company in the world to debut its video game gambling machine on casino floors, launching in Atlantic City at all three Caesars Entertainment properties, followed by the Tropicana. GameCo is currently executing a major nationwide rollout, with plans to be operational in most major U.S. gambling jurisdictions in the next year.
About GameCo's (VGM™):
GameCo's VGM is a highly anticipated skill-based gaming machine that brings video games to the casino floor and aims to attract a new generation of casino customers. The first skill-based video game gambling product ever approved by any regulator in the United States, the patented VGM gambling platform allows a player's skill to determine the payout and winnings while maintaining the same casino economics as slot machines. Games are familiar titles from top entertainment companies and publishers featuring various genres and themes including first-person action, sports, racing, fighting, platformers, puzzle games, and more.
About GameCo, Inc.:
GameCo, Inc. is a pioneering new company uniting video games with casino floor gaming. GameCo is the creator of the world's first skill-based video game gambling machines (VGM™), proprietary arcade-style cabinets that balance player skill with patented game design, while maintaining the same return to players as traditional slot machines.
GameCo's VGM won the Silver Medal in the Best Slot Product category of the 16th Annual Global Gaming Business Gaming & Technology Awards. Founded by video game, casino gaming, technology, and live event veterans, GameCo brings together executives from Scientific Games, IGT, and AGS along with award-winning producers for game publishers such as Blizzard Entertainment, WarGaming, Ubisoft, DreamWorks, and The World Series Of Video Games.
GameCo is privately held and headquartered in New York City with additional offices in Las Vegas. For the latest GameCo news, visit gameco.com and follow the company on Twitter at twitter.com/GameCoInc.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/gameco-inc-receives-approval-from-gaming-laboratories-international-gli-for-its-video-game-gambling-machines-vgm-300414531.html
SOURCE GameCo, Inc.