LAS VEGAS, June 6 /PRNewswire/ -- Station Casinos, Inc. ("Station" or "the
Company") (NYSE: STN) today announced the formation of GameCast Live, LLC
("GameCast"), a wholly owned subsidiary of the Company focused on in-room and
on-premises gambling applications in the casino/resort and cruise line
markets.
"eSlots" is the first in a suite of "live" casino products to be released
by GameCast. This proprietary technology will allow guests to be able to play
their favorite slot or video poker machine live from their hotel room via
interactive TV, thin-client, or personal computer and from a restaurant or by
the pool with a wireless handheld remote. Video and audio streaming will
"connect" the guest to a live slot machine located on the premises as opposed
to the virtual gaming experience offered by existing on-line gaming.
"We are very excited about the potential market for in-room gaming
applications both domestically and internationally," said Glenn C.
Christenson, executive vice president and chief financial officer.
"Initially, we expect to target cruise lines and Native American
casino/resorts with the goal of eventually expanding this service to major
hotel-casino properties in Nevada and other jurisdictions. While the product
is subject to regulatory approval in each gaming jurisdiction, we will begin
marketing eSlots immediately in anticipation of a rollout during 2002."
Representatives of the Company will preview the technology today at the
Global Interactive Summit & Expo in Toronto, Canada with a live demonstration.
A copy of the presentation will be provided in the "Investors" section of the
Company's website at http://www.stationcasinos.com or at http://www.gamecastlive.com.
Station Casinos, Inc. owns and operates Palace Station Hotel & Casino,
Boulder Station Hotel & Casino, Santa Fe Station Hotel & Casino and the Wild
Wild West Gambling Hall & Hotel in Las Vegas, Nevada, the Texas Station
Gambling Hall & Hotel, and the Fiesta Casino Hotel in North Las Vegas, Nevada,
and Sunset Station Hotel & Casino, and The Reserve Hotel & Casino in
Henderson, Nevada. The Company also owns a 50 percent interest in Barley's
Casino & Brewing Company, as well as slot machine route management services in
the Las Vegas metropolitan area.
This press release may be deemed to contain certain forward-looking
statements with respect to the business, financial condition, results of
operations, dispositions, acquisitions, and expansion projects of the Company
and its subsidiaries which involve risks and uncertainties including, but not
limited to, financial market risks, the ability to maintain existing
management, integration of acquisitions, competition within the gaming
industry, the cyclical nature of the hotel business and gaming business,
economic conditions, regulatory matters and litigation and other risks
described in the filings of the Company with the Securities and Exchange
Commission, including, but not limited to the Company's Annual Report on Form
10-K for the year ended December 31, 2000, and its Registration Statement on
Form S-4 File No. 333-58888. Additional financial information, including
presentations from recent investor conferences, is available in the
"Investors" section of the Company's website at http://www.stationcasinos.com.
SOURCE Station Casinos, Inc.
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Related links:
http://www.stationcasinos.com
Company News On-Call:
http://www.prnewswire.com/comp/562851.html or fax,
800-758-5804, ext. 562851
CONTACT:
Glenn C. Christenson, 800-544-2411, Executive
Vice President/Chief Financial Officer/Chief Administrative
Officer, or Rod S. Atamian, 800-544-2411, Vice President of
Financial Services, or Jack Taylor, 702-221-6900, Director of
Corporate Public Relations, all of Station Casinos, Inc.
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