Las Vegas Gaming, Inc. News
Million Dollar Ticket(R) Hits Its First Big Winner!
LAS VEGAS, June 23 PRNewswire — Las Vegas Gaming, Inc. (LVGI), the gaming industry innovator in gaming software application development, content and delivery, announced today that it paid out its first $5,000.00 winning ticket on May 31st to a lucky player at Buffalo Wild Wings on south Las Vegas Blvd. Additionally, LVGI paid $3,000.00 to the Buffalo Wild Wings that issued the winning ticket. The company further stated that it has paid out thousands of dollars in prizes to local customers since the promotional game started just nine weeks ago. "We are starting to see more and more winners as the weeks go by and are very excited about the progress of our promotion," stated John English, Senior Vice President of RoutePromo(TM) and Games for LVGI. Aside from offering large, life-changing jackpots, LVGI has awarded many smaller incentive jackpots to stimulate play and increase player retention for the bars and convenience stores.
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The Million Dollar Ticket(R) promotion is free to the consumers who play video poker machines in participating United Coin Machine Company accounts and hit a four of a kind. The promotion has launched in over 100 of United Coin's Gamblers Bonus(R) locations and is expanding throughout the state. Million Dollar Ticket(R) is the first ever promotion of its type to be distributed throughout bars, supper clubs, and convenience stores and has been in heavy demand from local establishments that are looking for a promotional edge. The drawing occurs on every Saturday at 6:00 p.m. and the winning numbers are displayed on LCD televisions at participating locations. Prizes range in size up to $1 million!
United Coin is one of Nevada's largest route operators with over 500 locations and a diverse customer base including most 7-11(R) convenience stores and hundreds of bars throughout the state. "We are extremely pleased that we have had early success with this historic promotion. Our RoutePromo(TM) platform provides a launching point for many software applications and we are thrilled at the rapid adoption of Million Dollar Ticket(R). We feel that it is a win-win situation for the patrons and the establishment," said Jon Berkley LVGI's President and CEO. "We could not have asked for a better partner than United Coin to launch this exciting system and its applications," he added.
United Coin Machine Company's Senior Vice President Charlie Skinnner stated that he is pleased that the promotion is producing large winners as well as hundreds of smaller ones. "We want our customers to know we are always looking for better ways to compete in this tough Nevada economy." The payouts on the promotion occur around the clock seven days a week and they range in size depending on the numbers drawn. Patrons are encouraged to check their ticket entries every week to see if they have won. Winning tickets can be presented for payment at the issuing location.
About Las Vegas Gaming, Inc. ("LVGI") LVGI is a game-management system operator, supplier and game designer specializing in innovative gaming technologies. LVGI's patent-pending PlayerVision(R) technology is a platform for delivering server-based software applications to existing gaming devices. LVGI's RoutePromo(TM) system was designed to deliver promotional software applications on a dynamic media platform and drive promotional games like Million Dollar Ticket(R).
LVGI is also the licensed operator of the Super Bonanza Bingo(R) progressive and The Million Dollar Ticket(R) games, as well as the highly acclaimed linked and progressive keno game, Nevada Numbers(R). LVGI is on file with the Securities and Exchange Commission and the company holds gaming licenses in many jurisdictions. For more information about LVGI, visit http://www.lvgi.com.
About United Coin Machine Company Las Vegas-based United Coin Machine Co., a subsidiary of Century Gaming, Inc., has been a route operator in Nevada for more than 50 years, managing and operating 6,300 games throughout the state. This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks that are detailed from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update the information in this press release and represents that the information is only valid as of today's date.
SOURCE Las Vegas Gaming, Inc.
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