SkillJam will power
Inspired's online skill-gaming offering, and also
offer SkillJam's skill-
gaming content through Inspired's network of 8,000 UK "itbox" terminals.
In
January 2005, Inspired followed suit and was the overall winner of the Media
Momentum Top 50
Fastest Growing Companies Award.
Inspired provides content and software to over 12,000 pay to
play
terminals in pubs, clubs, shops, licensed betting offices, bingo halls,
motorway service
stations, universities and casinos.net
acquiring charity
Inspired is the
market leader in technological
innovation and was awarded "Best Use of
Technology in Business" at the Growing Business Awards in
December 2004.inspiredbroadcast.gaming acquiring
Kean will
consult on the projects for a fee equivalent to approximately
20% of
the management fees received by Lakes. currently has development and management
agreements
with six separate Tribes for new casino operations in
Michigan, California, Texas and Oklahoma, a
total of nine separate
casino sites.FUN Technologies' SkillJam signs with Inspired Broadcast Networks
for deal to put skill games on 8 000 UK terminals and online
casinos saskatchewan
We appreciate the
efforts of Kevin
Kean who was instrumental in bringing the Iowa Tribe
and Lakes together. The new casino development
, along with continued improvements
at the existing facility, will provide the Iowa Tribe a tremendous
opportunity to enhance the Tribe's economic self-sufficiency and
business diversification. Such
forward-looking information involves important risks and uncertainties
that could significantly
affect anticipated results in the future and,
accordingly, such results may differ from those expressed
in any
forward-looking statements made by or on behalf of the Company.
Hard Rock Hotel
+ Casino in Biloxi, Mississippi is owned and operated by
Premier Entertainment of Biloxi, LLC, d
/b/a Hard Rock Hotel + Casino Biloxi.paf aland
Business Editors/Casino/Gambling Writers
MINNEAPOLIS
----Lakes Entertainment,
Inc. The
Company also owns approximately 64% of WPT Enterprises, Inc.
) contains statements that are
forward-looking, such as statements relating to plans for future
expansion
and other business development activities as well as other
capital spending, financing sources and
the effects of regulation
(including gaming and tax regulation) and competition.employees kenora
(Nasdaq:LACO) announced
today that it has signed development
consulting agreements and management contracts with the Iowa
Tribe of
Oklahoma in connection with assisting the Tribe in developing,
equipping and managing
two separate casino destinations. Our virtual products, including racing, football and other sports
feature in over 10,000 licensed betting shops and all the leading bookmakers'
websites, generating
in excess of pnds stlg 1 billion in annual turnover for
the industry.
International Game
Technology (NYSE: (http://www.raises kenora
As soon as regulatory approval has been received, Lakes will
provide
consulting services, and subject to approval of the NIGC,
management services to assist the Tribe
with the Tribe's Cimarron
Casino located in Perkins, Oklahoma, which currently consists of
approximately
200 gaming devices and a bingo hall.
Hard Rock's entire 1,500 gaming machine floor will feature
the NexGen(TM)
Interactive Display with an integrated set of loyalty-building Bonusing(TM)
tools
.
Information on risks and factors that could affect IGT's business and
financial results are
included in our public filings made with the Securities
and Exchange Commission.
The $235 million
project, scheduled to open in 2005, will include a Hard
Rock-themed casino with 1,500 slot machines
and 50 table games, five
restaurants including Ruth's Chris Steakhouse and a Hard Rock Cafe, a full
service spa, 11-story hotel with 317 rooms and suites, a unique Hard
Rock-themed beach pool, Hard
Rock Live, a 1,200 capacity entertainment venue
and retail shops.alcohol bingo
As soon as regulatory approval
is received for the new casino
location, we will begin the development and construction of that
project
. Certain information
included in this press release (as well as information included in
oral statements
or other written statements made or to be made by
Lakes Entertainment, Inc. Leisure Link manages
machines
across the entire leisure retail market, including Gala, Mitchells + Butlers,
Spirit
and JD Wetherspoon.alcohol regulates
Richard
Weil, President of FUN, added, "Moreover, this new destination gaming
channel
represented by Inspired signifies an enormous expansion opportunity for FUN,
and fits
nicely with our strategy of creating a more varied, efficient gaming
experience for our customers
.Hard Rock Biloxi Selects the IGT Advantage(TM) Casino System
IGT's future financial condition
and
results of operations, as well as any forward-looking statements, are
subject to change and to inherent
known and unknown risks and uncertainties.com) is a global
company specializing in the design, development
, manufacturing, distribution
and sales of computerized gaming machines and systems products.Websites
concerned with the topic of charitable gambling.
employees philanthropic
Lakes Entertainment Inc. Signs Development Consulting
Agreements and Management Contracts for Two Gaming Projects with the Iowa Tribe of Oklahoma
Under
the terms of the management contracts, Lakes will
provide overall operational direction at each of
the casinos in
exchange for a fee equivalent to 30% of net revenues from the new
casino project
and 30% of incremental net revenues produced at the
Cimarron Casino."
About Lakes Entertainment
Lakes Entertainment, Inc.philanthropic charitable
The Private Securities Litigation Reform Act of 1995 provides
a
"safe harbor" for forward-looking statements."
About FUN Technologies plc
FUN
Technologies plc, (formerly "CES Software plc" or "CES") is a leading
provider of person-to-person
skill gaming and exchange-betting technology, as
well as online sports information."
"We are
excited for the grand opening of the Hard Rock Hotel + Casino this
September, and IGT is committed
to deliver a full suite of casino management
software that enables Hard Rock Biloxi to help attract
and retain loyal
customers, improve operations, and increase their bottom line," said Richard
Schneider
, President of IGT Systems.
aland bingo
As soon as regulatory approval is received,
we will immediately help
the Tribe with operations at the Cimarron
Casino. We chose the IGT
Advantage(TM) Casino System
because it offers the marketing tools that enable
us to offer a unique gaming experience and gain
a competitive advantage," said
Shannon Oberlies, Hard Rock Biloxi's vice president of marketing.
funds purposes
Chairwoman Phoebe O'Dell and the members of the
Iowa Business Committee have been extremely good
to work with and we
look forward to a long term business relationship. Subject to regulatory approval
, Mr.
Inspired is the digital arm of leisure giant Leisure Link, the UK's
largest manager of
public-space gaming and entertainment machines, with nearly
90,000 machines in over 25,000 leisure
retail venues.IGT.charitable saskatchewan
Lyle Berman, Chairman and CEO of Lakes stated, "We are very
excited about teaming
up with the Iowa Tribe to help them build a new,
dynamic and first class casino operation and to
assist them with their
current operations. FUN is a public company, incorporated
in England and
Wales, and is listed on both the Toronto Stock Exchange and the
Alternative Investment Market (AIM
) of the London Stock Exchange under the
symbol "FUN".
About Inspired Broadcast Networks
- More Money, More Games, More Often
Inspired Broadcast Networks ("Inspired") is the UK's
leading provider of
digital entertainment and gaming content as well as software.provincial alcohol
The Iowa plans
include the development and operation of a new
first class casino resort facility located on Indian
land along
historical Route 66 approximately 25 miles northeast of Oklahoma City.
Subject to regulatory
approval, the company will provide
management services for the Tribe's casino operations at each
location.
Additionally, the two companies will look at working together on Inspired's
mobile
opportunities, as well as a number of other channel and cross-selling
opportunities. Although IGT
believes that the expectations reflected in any of its
forward-looking statements are reasonable
, actual results could differ
materially from those projected or assumed.woods charitable
For more information,
review
the Company's filings with the Securities and Exchange
Commission. FUN's strategy is to provide its
cutting-
edge, person-to-person gaming systems to top, licensed distribution partners
in regulated
markets around the world. "IGT
Systems is focused on our customers' needs including coinless technology
,
enhanced marketing, loyalty promotions, table games management, accounting,
and service and support
," added Schneider.acquiring charity
"
Tim Cope, President and CFO of Lakes commented, "Lakes is very
proud to be
selected by the Iowa Tribe as its casino management
company.
Statements in this release
, which are not historical facts, are "forward
looking" statements under the Private Securities Litigation
Reform Act of
1995.charitable casino
We currently estimate the first phase of the new casino to be
open in early
2007.gambling alcohol
Lorne Abony, Chief Executive Officer of FUN, commented, "We are excited
about our partnership
with Inspired Broadcast Networks, and believe that our
online skill-gaming products are an ideal
fit with their offerings. The key measures of its liquidity - tournament closing time,
number of
tournaments served, payout size, and jackpot size - made it
abundantly clear that SkillJam is the
right partner for Inspired, and we look
forward to working together. The Bonusing(TM) software combined
with the NexGen(TM) displays gives
Hard Rock Biloxi a marketing advantage to attract and retain loyal
players.benefit charitable
These
risks and uncertainties include, but are not limited to, possible
delays in completion
of Lakes' casino projects, including various
regulatory approvals and numerous other conditions which
must be
satisfied before completion of these projects; possible termination or
adverse modification
of management contracts; continued
indemnification obligations to Grand Casinos; highly competitive
industry; possible changes in regulations; reliance on continued
positive relationships with Indian
tribes and repayment of amounts
owed to Lakes by Indian tribes; possible need for future financing
to
meet Lakes' expansion goals; risks of entry into new businesses;
reliance on Lakes' management;
and the fact that the WPT shares held
by Lakes are currently not liquid assets, and there is no assurance
that Lakes will be able to realize value from these holdings equal to
the current or future market
value of WPT common stock. Inspired's networked
terminals provide consumers with the broadest range
of up to date
entertainment, betting, gaming and music. In 2005, Inspired will be launching
Digital
Vending, offering customers digital products for cash. LAS VEGAS, Hard Rock Hotel + Casino in
Biloxi
, Mississippi, today announced the selection of the IGT Advantage(TM)
Casino System to manage the
entire gaming operation at the newest casino on
the Gulf Coast.benefit purposes
There are also
risks and uncertainties
relating to WPT that may have a material
effect on the Company's consolidated results of operations
or the
market value of the WPT shares held by the Company, including WPT's
significant dependence
on the Travel Channel as a source of revenue;
the potential that WPT's television programming will
fail to maintain
a sufficient audience; the risk that competitors with greater
financial resources
or marketplace presence might develop television
programming that would directly compete with WPT
's television
programming; the risk that WPT may not be able to protect its
entertainment concepts
, current and future brands and other
intellectual property rights; risks associated with future expansion
into new or complementary businesses; the termination or impairment of
WPT's relationships with
key licensing and strategic partners; and
WPT's dependence on its senior management team. The value
'play per day'
through these terminals is over pnds stlg 10 million.
IGT does not intend, and
undertakes no obligation, to update forward-looking
statements to reflect future events or circumstances
.gaming charitable
In addition, Lakes has announced plans to develop a
company owned casino resort project in Vicksburg
, Mississippi. (Nasdaq
"WPTE"), a separate publicly held media and entertainment company
principally
engaged in the development, production and marketing of
gaming themed televised programming including
the World Poker Tour
television series, the licensing and sale of branded products and the
sale
of corporate sponsorships. This award was a great start
to the year and puts Inspired on the map
as a company to watch out for in
2005.
Inspired is also the leading supplier of virtual events
to the betting
community. "The Hard
Rock franchise and brand is truly unique, and we needed a
casino system that
helps us deliver on our brand by creating an exciting and fun gaming
experience
.woods acquiring
"
Luke Alvarez, joint CEO of Inspired Broadcast Networks, remarked,
"SkillJam was a natural
choice as the back-end provider for our online skill-
game offering. "This installation is another
example
where a new property in an established gaming market requires best-in-class
gaming system
technology in order to compete effectively."
Hard Rock Biloxi will also utilize the EZ Pay(TM
) Ticket System on a
single communication wire for all 1,500 machines, helping to reduce machine
downtime
, improve customer service, and increase operating efficiency.
benefit funds
"The Gulf
Coast gaming market is highly competitive.break benefit
The project which will be one of the closest to the Oklahoma
City
market, is master planned to include a large first class casino, hotel
and meeting space
, a child care and arcade facility, entertainment and
events center, parking, a golf course, multiple
restaurant and bar
venues and other casino resort amenities. The first phase of the
project is
planned to include approximately 1,500 gaming devices,
various restaurant and bar outlets, approximately
40 table games and a
large poker room. LONDON, April 5 - FUN Technologies plc (the
"Company
" or "FUN"), a leading provider of person-to-person skill gaming and
exchange-betting technology,
as well as online sports information, announced
today that its subsidiary, SkillJam Technologies
Corporation ("SkillJam"), has
entered into a definitive agreement with Inspired Broadcast Networks
("Inspired") for FUN to become Inspired's back-end provider of online skill-
gaming technology
.
Inspired is the exclusive provider of all digital entertainment and
gaming services to Leisure
Link, the largest manager of coin operated
entertainment and gaming machines in Europe.
http://www.saskatchewan woods
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