Technology Company Launches PortalVision, and Gaming Will Never Be the Same
Again
LAS VEGAS, Nov. 2 /PRNewswire/ -- Throughout history, certain
inventions have set the modern gaming industry on fire: video poker, the
imbedded bill validator, player tracking systems to name a few. Now Las
Vegas Gaming, Inc. is set to unveil the biggest innovation to hit gaming
since dice: PortalVision(TM).
From its G2E booth #3143, LVGI will be starting a revolution in gaming
-- a new world where video slot machines are unlocked and profit potential
is unleashed. A new world where video slots are also lottery terminals,
race/sports terminals and interactive kiosks. A new world where players'
entertainment options are as limitless as the imagination itself.
LVGI Chief Marketing Officer Stephen Crystal said, "Over the past
several weeks, we have been announcing our strategic assembly of an
incredible team and international distribution agreements. PortalVision is
the reason for it all. We firmly believe that PortalVision will be the big
hit of G2E and forever change the way operators and customers view video
slots."
PortalVision is a totally new and exciting proprietary multimedia
delivery system. PortalVision enables operators to dramatically increase
gaming device productivity by delivering additional real-time wagering
opportunities, advertising, promotions, games and other content on existing
machines. PortalVision's innovative family of products includes
AdVision(TM), PromoVision(TM) SlottoVision(TM) and WagerVision(TM).
PortalVision looks much like picture-in-picture: It unlocks the gaming
screen and enables operators to send a variety of interactive offers
directly to the gaming device screen upon customer request or
event-prompted. Operators can choose to deliver these real-time or
scheduled offerings to multiple casinos, all slot machines on the casino
floor, a bank of machines or even an individual machine. The technology is
game and system agnostic, meaning it works on any platform.
AdVision turns idle video slots into targeted indoor billboards,
communicating game content, advertising, news and events happening
throughout the casino direct to customers. AdVision allows the casino to
create messages comprised of photos, video and sound, pre-scheduled or sent
on the fly via the Internet, intranet or private network.
With SlottoVision, customers can purchase lottery tickets from slot
machines with their credits, enabling operators to immediately generate
additional revenue from existing equipment. When players press the cash-out
button, SlottoVision offers customers the opportunity to purchase a lottery
ticket. Upon purchase, they instantly get their lottery ticket, and another
TITO ticket with the remainder of their balance for play elsewhere. In
Nevada, players can buy a Nevada Numbers(TM) ticket; in other jurisdictions
with lottery, players can purchase that jurisdiction's lottery ticket.
WagerVision allows sports wagering and watching simultaneously while
playing a video slot. Customers playing video slots equipped with
WagerVision can receive real-time, casino-generated prompts on screen that
alert the player about live racing lines and race or sports events that
begin shortly. When the customer elects to place a wager on this or any
sports book event, the wager amount will automatically be deducted from
their credit balance. The customer can even watch the live sporting event
or race in real-time while they continue playing their current slot game.
In Nevada, WagerVision connects to the American Wagering, Inc. system.
PromoVision enables operators to create an intelligent media message
and to literally run thousands of varied promotions at the same time. For
example, the operator can devise event-based promotions such as one based
on a 4-of-a-kind win between 4 p.m. and 7 p.m. where the winner receives a
free show ticket. This type of promotion can be sent instantly or
pre-programmed months in advance, and the results are audited, verified and
accurate. PromoVision can also enable idle video slots to act as
interactive kiosks, displaying promotional messages such as show ticket
availability, and allow the customer to make the purchase through the slot
machine.
Crystal said, "This is the future of gaming. And we're just getting
started."
About Las Vegas Gaming, Inc.
LVGI is a game-management system operator, supplier and game designer
specializing in keno, bingo and lottery products. It is the licensed
operator of the Super Bonanza Bingo Progressive and the Million Dollar
Ticket and the highly acclaimed linked and progressive lottery-style keno
game Nevada Numbers. LVGI is on file with the Securities and Exchange
Commission. The company holds more than 50 gaming licenses in 14 states.
For more information about LVGI, visit http://www.lvgi.com.
Forward-looking Statements
All statements included in this press release, other than historical
information or statements of historical fact, are forward-looking
statements. These statements fall within the meaning of Section 27A of
Securities Act of 1933, as amended, Section 21E of the Securities Exchange
Act of 1934, as amended, and the Private Securities Litigation Reform Act
of 1995, including statements regarding any expected financial position,
business and financing plans. Some of the forward-looking statements can be
identified by the use of forward-looking terms such as "believes,"
"expects," "may," "will," "should," "could," "seek," "intends," "plans,"
"estimates," "anticipates," or other comparable terms. Forward-looking
statements involve inherent risks and uncertainties which could cause
actual results to differ materially from those in forward-looking
statements contained herein. For more information on the potential factors
that could affect the Company's financial results and business, please
refer to the Company's filings with the SEC including Annual Reports on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Contact:
Paul Speirs, Steinbeck Communications
(702) 413-4278, paulspeirs@cox.net
SOURCE Las Vegas Gaming, Inc.
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Related links:
http://www.lvgi.com
CONTACT:
Paul Speirs of Steinbeck Communications,
+1-702-413-4278, paulspeirs@cox.net, for Las Vegas Gaming, Inc.
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