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Non-Tech : IGT: International Game Tech.
IGT 16.56-0.2%Nov 3 3:59 PM EST

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From: i-node6/26/2001 9:44:10 PM
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IGT appears to be poised to hit a home run with its EZPay system. Casinos, with thousands of slots, have to maintain huge back room counting operations, cashier's cages with a great deal of equipment, staff to fill machines, distribute coin to players, and lost time caused by unplayable empty machines. IGT eliminates these problems with its EZPay system, removing coin from the process altogether. With EZPay, players insert bills in the machines and receive back vouchers when they cash out. The vouchers can either be converted to cash at the cage or inserted in the next machine. No coin is involved.

Even better, the new games offer better returns to the casinos (meaning they pay players even less than before). Casinos have figured out players will play ANYTHING, so they are attracted to these new machines that pay the player even less.

IGT advises they have these systems in 38 casinos so far. Only 38, out of the casinos in existence! Park Place Entertainment just purchased 20,000 new machines for this reason. Get ready, because every last one of them will be on EZPay over the next few years. It just makes good sense.

So, why is there no activity on this board?
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