Business Editors
LAS VEGAS--(BUSINESS WIRE)--May 31, 2002
Mikohn Gaming Corporation (Nasdaq:MIKN) today announced that it will install its proprietary TableLink(R) PT table player tracking system at the Pechanga Resort and Casino in Temecula, California.
David J. Thompson, chairman and chief executive officer, commented; "Mikohn has developed the industry's first complete portfolio of table game management and player tracking products. The TableLink(R) suite of products is capable of providing Pechanga's table games management with the same on-line accounting, management information, merchandising tools and accuracy currently enjoyed by slot managers throughout the industry."
TableLink(R) PT is the base module within Mikohn's suite of table game management systems. It is upgradeable to TableLink(R) CT, the second tier of the system, which adds automated bet recognition. TableLink(R) GT, which is the top tier, records actual win or loss per player automatically on all blackjack games. The TableLink(R) system may be interfaced with existing casino management systems for the communication of real-time player tracking data.
Under the terms of the contract, Mikohn will install TableLink(R) on up to 40 tables at Pechanga's new permanent facility. Rod Luck, Pechanga Development Corporation's Director of Information Technology commented; "After a thorough evaluation of the table games automation systems currently available, it was noted that Mikohn's TableLink(R) solution provides the very best in terms of player ratings, table games accounting/statistical information and marketing-specific features, functions and benefits."
Larry Miranda, Table Games Manager added; "TableLink(R) will provide Pechanga with a significant advantage over our competitors. We are looking forward to utilizing TableLink(R) to increase table utilizations, revenues and overall market share in this region."
Scheduled to open early this summer, the new Pechanga Resort & Casino complex will feature a 75,000-square foot casino, with approximately 2,000 state-of-the-art slot games, 63 table games, a separate 23-table poker room and a 700 seat High-Stakes bingo room.
Mikohn is a diversified supplier to the casino gaming industry worldwide, specializing in the development of innovative products with recurring revenue potential. Mikohn develops, manufactures and markets an expanding array of slot games, table games and advanced player tracking and accounting systems for slot machines and table games. The company is also a leader in exciting visual displays and progressive jackpot technology for casinos worldwide. There is a Mikohn product in virtually every casino in the world. For further information, visit the company's website: www.mikohn.com.
TableLink is a registered trademark of Mikohn Gaming Corporation. All rights reserved.
Safe Harbor Statements under The Private Securities Litigation Reform Act of 1995: Except for historical information, statements in this release regarding the business outlook for Mikohn Gaming Corporation (the Company) are forward looking and are subject to certain risks and uncertainties including the overall industry environment, customer acceptance of the Company's new products, delay in the introduction of new products, the further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as the Company's, debt service obligations and other factors indicated from time to time in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.
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