LAS VEGAS, Nov. 21, 2016 /PRNewswire/ -- Under license from Paramount, GameCo Inc. has announced that the company will be developing games for its video game gambling machine (VGM™) based on mainstream theatrical film brands including "Mission: Impossible," "Paranormal Activity," and "Ferris Bueller's Day Off."
GameCo's proprietary VGM is an arcade-style video game cabinet featuring a single-player game, generally 45-90 seconds to play, adapted from top console, PC and mobile developers. GameCo is in the process of developing a racing game based on the popular "Mission: Impossible" franchise, a hidden object game themed to "Paranormal Activity," and a platformer experience adapted from the cult classic comedy, "Ferris Bueller's Day Off." 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. The deal was brokered by Richmond Management Group, GameCo's licensing representative.
"We are always seeking ways to bring our iconic film properties directly to fans," said LeeAnne Stables, President of Worldwide Marketing Partnerships and Licensing for Paramount Pictures. "These new products bring them to life in classic arcade gameplay formats."
GameCo recently launched at Caesars Entertainment properties in Atlantic City, making it the first skill-based gaming company in the world to debut its product on casino floors. VGMs are currently placed in prominent locations at all three Atlantic City Caesars Entertainment properties, with three triple-unit carousels at Caesars, two at Harrah's Resort and two at Bally's Wild Wild West.
"We're thrilled to be working with Paramount to bring these brands to the casino floor. Video game gambling addresses the largest opportunity for casinos and studios in attracting the next generation of gamers. At GameCo, our vision is to create a VIP experience for gamers. Brands like Mission: Impossible, Paranormal Activity, and Ferris Bueller's Day Off speak to my generation that grew up with these films and love playing video games," said Blaine Graboyes, CEO of GameCo.
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 VGM is an arcade-style video game cabinet that balances player skill with patented game design to deliver the same financial model as traditional slot machines. Games are familiar titles from top publishers played in 30-90 second experiences featuring various genres and themes including first-person action, sports, racing, fighting, platformers, puzzle games, and more.
About GameCo, Inc.:
GameCo, Inc. (gco.gg) 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.
Paramount Pictures Corporation (PPC), a global producer and distributor of filmed entertainment, is a unit of Viacom (NASDAQ: VIAB, VIA), a leading content company with prominent and respected film, television and digital entertainment brands. Paramount controls a collection of some of the most powerful brands in filmed entertainment, including Paramount Pictures, Paramount Animation, Paramount Vantage, Paramount Classics, Insurge Pictures, MTV Films, and Nickelodeon Movies. PPC operations also include Paramount Home Media Distribution, Paramount Pictures International, Paramount Licensing Inc., and Paramount Studio Group.
Mission:ImpossibleTM & © 2016 Paramount Pictures Corp. All Rights Reserved.
Paranormal ActivityTM & © 2016 Paramount Pictures Corp. All Rights Reserved.
Ferris Bueller's Day OffTM & © 2016 Paramount Pictures Corp. All Rights Reserved.
SOURCE GameCo, Inc.