Spirit Mountain Casino has agreed to purchase 1,200 of these devices from Coinless Systems Inc. subject to licensing and other conditions. This revolutionary system utilizes Ethernet communications to a separate host computer which tallies the number of tickets cashed by casino customers. It facilitates coinless processing through the use of bar-coded tickets. The device is designed to print a ticket upon a customer's request to cash out. Using a patent pending process, the ticket is verified for accuracy before being presented to the player.
Customers are free to cash out or use the tickets for continued play at other machines.
Tickets can be customized with greetings or individual casino advertising. Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in the future periods to differ materially from forecasted results. Business Wire in association with The Gale Group and LookSmart.