09 July 2008 Harding returns to the fray with £25m acquisition
Nick Harding, chief executive officer of Aldgate Capital, is poised to make a high profile return to the low stake high volume gaming sector having agreed a £25m (€31.5m/$49.3m) price to purchase 31 Adult Gaming Centres (AGCs) from H.J.M. Caterers Ltd and E and J Hall Investments.
The deal, which has been agreed with Jon Shipley and which will complete later this month, represents the first part of the jigsaw as Harding launches an ambitious bid to create a pan-European gaming company with earnings before interest, tax, depreciation and amortisation of £50m (€62.9m/$98.5m) by the start of 2010. Harding, who is current president of British trade association BACTA, confirmed: “We are now in talks with a number of gaming businesses both here in the UK and in Europe. Whilst ‘slots’ will represent an important part of our business mix, we are pursuing a broad range of opportunities which fit into the low stake high volume gaming category.” He added: “Jonathon Hughes will be taking control of our AGC business and will be driving it forwards in terms of acquisition and business development.
“I can confirm that following completion of the purchase we will be retaining the staff and administrative infrastructure based in Nuneaton.”
08 July 2008 Bulgarian Expansion in the sign of the MERKUR sun
Joint Venture of MERKUR CASINO and CASINO TECHNOLOGY continues a winning formula - Second ‘PALMS MERKUR CASINO’ joint loca-tion in Sofia inaugurated
ESPELKAMP. Another electronic Casino saw its grand open-ing in the Bulgarian capital of Sofia in June under the la-bel PALMS MERKUR CASINO. The new modern ref-erence object was jointly designed by MERKUR CASINO and the Bulgarian cooperation partner CASINO TECHNOLOGY and continues to prove that this joint ven-ture involves two competent and professional partners with entrepreneurial spirit.
The new entertainment center with approximately 600 sqm is located right in the heart of the city and is jointly operated by both cooperation partners. The product port-folio includes a total of 62 innovative Casino gaming ma-chines, among them a very special attraction: a black pi-ano with a genuine roulette bowl built in that can be used for both, playing regular roulette and playing piano. In ad-dition, the new PALMS MERKUR CASINO features live music shows on Fridays that contributed to making the entertainment center rapidly one of the favorite and most fashionable entertainment centers in the city’s neighbour-hood. A staff of all in all 16 attends to the wellbeing of the pa-trons. The new PALMS MERKUR CASINO is open 24/7.
The Gauselmann Group that proudly looked back to its 50 year old history in 2007 currently operates a total of ap-proximately 300 entertainment centers in all of Europe. In FY 2007 the family-managed Group generated aggregate consolidated revenues of more than EUR 1 billion. The Gauselmann Group currently employs more than 5,000 people worldwide and is the only company in the German amusement machine industry to be certified according to ISO DIN EN 9001:2000. The friendly smiling MERKUR sun has meanwhile become a symbol of luck and much appreciated guarantee for innovative leisure time culture in 11 European countries including Germany.
04 July 2008 Green Option for digtal signage companies
One worrying impact of the growth of digital signage and digital out-of-home media is the environmental cost from the ever increasing power requirement. Though new technologies are appearing which will reduce power consumption across digital displays - the daylight readable, large format signs being implemented around the globe remain veritable power guzzlers (particularly when compared to the posters they are replacing - Although when one takes into account the energy needed to produce the paper, distribute it and then remove or replace and then recycle, the difference is not as great as sometimes cited.
However for the socially responsible property or shopping mall owner looking to enhance its revenue and consumer experience with digital signage - there is a 'green option'. UK based Display Technology Ltd. Is offering the new Albra and Brilan products that using the latest technology can reduce power significantly to give a much more environmentally product than say a Plasma panel to help also with the Carbon Footprint! But it is not purely altruistic as Display Technology estimates it can save you up to Euros 481 per year in power consumption per panel per year. So there is a significant cost saving also, which is sometimes forgotten.
03 July 2008 Minister Announces New Gaming Laws For Ireland
Dermot Ahern, Ireland's Minister for Justice, Equality & Law Reform has announced the establishment of a parliamentary cross-party committee on gaming, to consider the report of the inter-departmental Casino Regulatory Committee.
It is understood that those involved in the industry and those with an interest in it, including the general public, will be invited to make submissions to the cross-party committee.
The Minister favours fair regulation of the industry and admitted in an Irish Times interview that "existing laws on gaming were past their sell-by date". He also indicated that he would like to see the establishment of a Regulatory Authority for all forms of gaming.
The cross-party committee is likely to examine the situation in relation to Casinos / Private Members Clubs, Gaming Arcades, Betting Shops and Online Gaming, including the operation of low and high stake gaming machines in different types of locations.
"This is good news for the industry as a whole, which has been seeking regulation for many years. The publication of the report of the inter-departmental Casino Regulatory Committee will be the first step. It seems that each sector will then have an opportunity to present its proposals to a parliamentary cross-party committee.
Hopefully this will be followed by the establishment of a Regulatory Authority and hopefully, this can all be achieved in a reasonable time frame," said Martin Dempsey, Secretary, IGAA - the Irish Gaming & Amusement Association, which is a member of EUROMAT - the European Gaming & Amusement Federation.
Dermot Ahern, Ireland's Minister for Justice, Equality & Law Reform.
02 July 2008 Diamond Systems is now a Kontron ETX® Certified Design Partner
Kontron and Diamond Systems have entered a strategic partnership under Kontron’s ETX® Certified Design Partner program that bundles Kontron’s highly scalable ETX® computer-on-modules with Diamond Systems’ small form factor boards for I/O intensive data acquisition applications.
With this agreement, Diamond Systems becomes the tenth global member and the fifth North American member of Kontron’s constantly expanding network of ETX® Certified Design Partners. The ETX® Certified Design Partner Program offers OEMs comprehensive certified carrier board design services for modular embedded computing platforms based on the ETX® and COM Express™ computer-on-module standards.
As a Kontron ETX® Certified Design Partner, Diamond Systems will deliver off-the-shelf and customized carrier boards for embedded applications that require state-of-the-art analog and digital I/O technology and extensive serial communications. Diamond Systems will supply these boards with one of the wide range of highly scalable Kontron ETX® computer-on-modules to provide system OEMs with complete single board solutions that exactly meet the budget, energy consumption and performance requirements of their individual data acquisition applications. OEMs benefit by receiving fully integrated, highly scalable and cost-effective carrier board solutions with computer-on-modules from a single source. This eliminates the need to manage multiple suppliers and ensures fast application development and evaluation for quicker time-to-market.
Diamond Systems’ EPIC-based ETX® carrier board, for example, includes a wide range of standard embedded computer interfaces including 6 serial interfaces plus the industry’s widest set of I/O features: 32 analog inputs, 4 analog outputs, 24 digital I/Os, 8 opto-isolated digital inputs, 8 opto-isolated digital outputs, 2 counter/timers for A/D sample rate control, event counting/timing and programmable interrupts. A PC/104-plus expansion slot for fast implementation of OEMs’ individual I/O expansions rounds off the feature set. Custom specific carrier boards are available upon request. The Universal Driver software supports C programming under Windows and Linux.
“OEMs specializing in I/O intensive applications receive a number of benefits from this bundle, such as auto-calibration for highly accurate data acquisition under all conditions”, explains Matthias Huber, Director of Kontron America’s Embedded Modules Division. “Temperature- and time-dependent measurement drifts can be eliminated since the EPIC-based ETX® carrier board calibrates as often as needed in just a few seconds to ensure accurate readings in all environments.”
“The comprehensive Kontron family of ETX® computer-on-modules offers highly scalable and low-power CPU performance up to the latest multi-core processors and chipsets from all major suppliers. Since all interfaces on all the latest Kontron ETX® COMs have the same API structure, it is very easy to interchange modules, enabling us to simply select the right COM according to our customers’ needs. System upgrades are also easy. This is exactly what we required to add even more value to our best-in-class data acquisition I/O features. We can now offer our customers not only industry-leading I/O features, but also superior COM-based solutions and increased configuration flexibility”, adds Jonathan Millar, President of Diamond Systems.
More information about the Kontron ETX® Certified Design Partner Program, including the full list of certified partners, is available at: http://www.etx-cdp.com.
More information about Kontron ETX® computer-on-modules is available at: http://www.kontron.com/ETX