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INTERNATIONAL GAME TECHNOLOGY /Reno, Nevada Game Maker Sees Payoff In Cashless Machines.(A)
Byline: Robin M. Grugal
Imagine yourself seated at a Las Vegas slot machine.
You're about ready to call it quits when suddenly you hear the clanging of coins dropping from the machine next to you. Not a big jackpot, but a sizable win just the same.
Before you know it, greed sets in. "Just a few more tries," you tell yourself, putting more coins into the slot.
Sure, the sound of money is a big part of the rush for slot players. But is it enough to keep casinos from adopting International Game Technology's new EZ Pay cashless voucher machines? Not likely, analysts say.
"We believe the introduction of cashless machines will continue to significantly stimulate replacement demand -- similar to the introduction of the embedded bill acceptor in the early 1990s," said analyst David Anders of Merrill Lynch.
International Game is the nation's top maker of casino machines. The companydesigns and makes the machines, and also makes proprietary software for popular MegaJackpot games such as "Wheel of Fortune" and "The Addams Family."
- Cashless Machines Help Lift IGT's Profit.(B)(NYSE STOCKS IN THE NEWS)
- Magazine article from: Investor's Business Daily June 10, 2004 700+ words
Byline: David Saito-Chung International Game Technology slid 16% in just three sessions from April 22 and sliced through its 50-day moving average. But the stock held up above its 200-day. The leading maker of slot machines and video lottery systems has grown its earnings every year for at least
- Wirca will roll out cashless machines. (Tech Bytes).
- Magazine article from: The Business Journal Serving Metropolitan Kansas City November 30, 2001 700+ words
An Overland Park company will roll out vending machines that allow people to buy soft drinks with their mobile phones. Wirca Inc. will deploy several hundred machines in Kansas City, the San Francisco area and Sioux Falls, S.D. The machines will be part of a beta test by Wirca, Pepsi Cola and
- Casinos Move toward Cashless, Computerized 'EZ Pay' Slot Machines.
- Newspaper article from: Knight Ridder/Tribune Business News November 10, 2002 700+ words
...like paper money. Cashless machines appeal to casinos...Gulfport. "With EZ Pay, we can have 12...introduced the first EZ Pay machines in April...machines are older cashless machines that dispense tickets...in sales. Its EZ Pay systems are found...
- IGT's EZ Pay(TM) Ticket System Approved By Nevada Gaming Control Board.
- Press release article from: PR Newswire September 29, 2000 700+ words
...PRNewswire/ -- IGT's (NYSE: IGT) new EZ Pay(TM) Ticket System has successfully completed...Board for installation throughout Nevada. EZ Pay combines ticket printers with traditional...The ticket can be reinserted in other EZ Pay machines; exchanged for cash at a cashier...
- Ticket in / Ticket out Gaming Milestone: IGT Marks its 100th EZ Pay(TM)...
- Press release article from: PR Newswire December 18, 2002 700+ words
IGT's EZ Pay(TM) ticket in / ticket out (TITO...Operating Officer of Caesars Indiana. "EZ Pay(TM) has worked spectacularly well at...received by our guests." The Indiana EZ Pay(TM) install brings to more than 63...
- IGT's EZ PAY(TM) Installations in Three More States Close Out a Highly...
- Press release article from: PR Newswire January 2, 2002 700+ words
...IGT capped a year of demand for its EZ Pay(TM) Ticket System-equipped gaming...and Indiana. Additional installations of EZ Pay machines at casinos in Southern Nevada...became the first casino there to offer EZ Pay technology. Bally's offers 54 of the...
- Unlimited Fun at SeaWorld and Busch Gardens is Easy and Affordable With...
- Press release article from: PR Newswire September 26, 2001 700+ words
...the three parks, introduced its exclusive new EZ Pay program today. With the EZ Pay option, consumers may buy one- or two-year...monthly with no interest or service fees. "With EZ Pay, we become the first theme parks to allow our...
- Argentina EZ Pay(TM) Install Marks 150th for IGT; Demand for Tickets Goes...
- Press release article from: PR Newswire February 24, 2004 700+ words
...venue in South America to install IGT's EZ Pay(TM) ticket system, the 150th system...total of 750 slot machines linked to an EZ Pay system; the balance of the machines will...Baker said. "Only two years ago, EZ Pay was considered by many to be 'experimental...
- IGT's EZ Pay(TM) Ticket System Gets Mississippi Approval.
- Press release article from: PR Newswire October 16, 2000 700+ words
...PRNewswire/ -- IGT's (NYSE: IGT) new EZ Pay(TM) Ticket System has received written...for installation in Mississippi casinos. EZ Pay combines ticket printers with traditional...only, using the hopper as a backup. The EZ Pay system also allows operators to utilize...
- EZ Pay adds up to more e-Solutions offered by ADI. (Insider).(Brief Article)
- Magazine article from: Security Distributing & Marketing February 1, 2003 700+ words
ADI announced the release of EZ Pay, a service which allows customers to pay...ADI invoices electronically via the Web. EZ Pay is a safe and secure solution that helps...businesses more efficiently. Access to EZ Pay for actual online banking is done through...
