R.Franco strategic focus shifts with Codere sale

R.Franco’s Jesus and Joaquin Franco, due to stragtegic reasons, and after the IPO (Initial Public Offer) was delayed in October last year, have declared their intention to leave Codere ad sell their participation to the Martinez Sanpedro family. Thus, Joaquin and Jesus Franco will consolidate one of their projects within the industry that allows them to focus the poker startegy of R.Franco on the development, manufacture and commercialization of their products all over the world, besides having the opportunity to develop other projects in different business areas. Their current participation in Codere will be sold to the Martinez Sanpedro family, owners of 35 per cent of the shares, who will increase their shares to 80 per cent of the capital. According to the agreement,

part of the payment will be deferred. The contract of purchase and sale per share will be between 17 to 23.5 euros depending on the date of payment. The transaction, financed by Credit Suisse, sees the purchase of around 28.3 million shares, six million of which are the result of a recent capital increase. Joaquin and Jesus Franco will sell a total of 18 million shares. Along with this transaction Codere will also redeem the remaining equity interest of Monitor Clipper Partners. Following completion, Jose Antonio -artinez Sanpedro, President of Codere, will maintain his title and will become the major shareholder of the company. Codere is a Spanish gaming company with business in Europe and South America. As of December 2005, codere managed more than 35,300 gaming machines, 77 bingo halls, 41 off-tract betting facilities, two Hippodromes and six casinos in Spain, Italy, Argentina, Colombia, Panama, Mexico, Peru an Uruguay.

*  The opening of the new Red Rock Casino in Las Vegas saw the casino floor protected by the most secure technology available, thanks to JCM American’s Universal Bill Acceptor (UBA). The casino is exclusively equipped with the UBA and JCM’s Intelligence Cash Box (ICB). The Red Rock contract is the latest in a continuing wave of success for the UBA and ICB since making their premiere at Wynn Las Vegas last year. Since then, the award winning products have been selected by top operators around the world. “Being at Red Rock is very exciting news for JCM. The property will set a new standard in locals ’ casinos. Clearly, Station Casinos has carefully selected only the very best for this new property, and we are honored to be a part of that exclusive group of suppliers,” said JCM VP of Gaming Solutions, Tom Nieman. The UBA is the next generation bill validator, utilizing the latest sensing technology, including magnetic and optical sensors. The UBA is completed by its forward/backward compatible, high impact Plastic Cash Box. The ICB system   links the slot floor and the backend, increasing efficiency by reducing common human errors in casino drop and count processes.

Las Vegas based Vending  Data Corporation  has secured purchase orders for 44 Deck Checkers (a card security device with an integrated management system), 22 each from Galaxy Entertainment Group Limited (Galaxy) and Sociedade de Jogos de Macau, S.A (SJM). The revenue associated with these purchase orders is expected to be included in the company’s first quarter results and exceeds the number of Deck Checkers sold in all of 2005.

Following successful feedback from courses carried out during ATEI 2006, currency validation specialists Astro Systems Limited are pleased to announce the continuation of the GBA product range, the option of training is open to any of Astro System valued customers either at Astro System or at their own premises. Training will be undertaken by Dave Alford, customer Service manager at Astro Systems Mr. Alford stated: “Depending on the level of experience already gained by the user, the course can be tailored to cover any specific are as required by the customer. The basic training programme itself covers basic operation of the units, through to general maintenance, to diagnostics and servicing of the product. ” Mr. Alford has over five years experience with the GBA products range, and has already carried our successful training sessions throughout UK and Europe.

Health Spa

Victor Leonard Bosquin, has reached a milestone in our industry. Founder of the Unibox Group in Belgium, Mr. Bosquin celebrates five decades in a business in which he created no less then 107 companies. Today, 83 of these businesses remain active, many outside his native Belgium. Perhaps the best known within the pages of this magazine is Seeben, the worldwide import export company of gaming equipment.
      The story begins when a young  Victor Bosquin, working as a tailor, realized that he wasn’t cut out to work for someone else. On February 20, 1956, he started his own business. His first coin-operated game was a table football, and now 50 years later he operates more then 6,000 games worldwide. All these activities were realized with excellent partners, the oldest of which were his closest friends from the local boy scouts. They became shareholders of several companies and together they expanded into today’s Unibox Group. More than 1,000 employees currently work  for the group, and under the leadership of Mr. Bosquin, they maintain its strong position in the market. Unibox activities currently include: pub operations, arcades, bowling centres, casinos, manufacturing, real estate etc. Mr. Bosquin’s son, Victor Leopold Bosquin, has since taken over the Presidency of the group, while his father presides over the board of directors. As is traditional, every year Victor Bosquin offers a small buffet at the main officer as an annual celebration, but this year had to be different. Mr. Bosquin’s son decided to stage a ‘party to remember’, since it’s not every year that you celebrate a 50th anniversary. As co-owner of Belgium’s Casino Spanish, finding a venue was not a problem, so together with his family, Victor Bosquin invited 350 people to celebrate the occasion. Partners, both at home and oversees, employees and close friends were treated to a fine dinner. A band and magicians entertained guests at the tables. An emotional speech by both son and father, thanking the partners who had showed such devotion over the years, moved those gathered in the main ballroom. All his partners and employees would like to congratulate Victor Bosquin and wish him good health.

Testing laboratory GLI passes A2LA inspection

The American Association for Laboratory (A2LA) has announced that the first two inspection bodies to have applied for accreditation have been assessed and successfully met the stringent international requirements.   These accreditations demonstrate technical competence for a defined scope and operation of a quality management system. Congratulations go out to Gaming Laboratories International and Progressive Engineering. GLI is the world’s first private gaming device and systems testing laboratory and inspection body and offers services in inspecting, testing, auditing and consulting for the worldwide gaming industry. PEI serves customers from all parts of the United States and in all phases of the construction industry. A2LA is a nonprofit, non-governmental, public service, membership society. Its mission is to provide comprehensive accreditation services for laboratories, inspection bodies, proficiency testing providers, and reference material producers. Services are available to any type of laboratory or inspection body, product certification body, reference material provider and proficiency testing provider whether private or government.

*   Preview Challenge Team Golf Event

In response to the many requests from golfers within the coin-opponent industry, the organizers of this year’s Preview Challenge Cup,’ held in Le Touquest, France, June 26-27, have added a team competition to this year’s programme. The new format for the 18-hole competition will be for four players per team, where two players score on the first six holes, three players score on the second six holes. The winners will be the team with highest stableford score. Novotel London West has donated the first prize for the individual competition, ‘a Eurostar were weekend for two in Paris staying at the Novotel. ’

*  Atronic has secured an impressive floor share in the very first casino to open its doors to the public in the Belgium capital city of Brussels. Over 50 Atronic machines have been installed in this historic venue, which held its Gala opening earlier this year. Visitors to Grand Casino Brussels, part of Casinos Austria International, can now experience the superior game play of the advanced e-motion cabinet as well as an impressive range of popular Cashine titles appealing to all types of players. Atronic Regional Sales manager for Belgium, Simon Dorsen was invited to attend the spectacular Gala event taking his place beside a host of Belgian celebrities and VIP guests who turned out for the lavish bash. He said:

“The opening of the first casino in Brussels is a truly historic event and Atronic is very proud to have secured such a significant proportion of the floor share for our games in the new venue. Already Grand Casino Brussels has become the place to be to seen out in the city, so it’s great that our games can be part of that kudos. We worked very closely with the casino in the lead up to the opening and look forward to continuing this relationship with them in the future. ”

The Forbes magazine annual rich list was published last month and showed that gaming technology is still creating fortunes. Anurag Dikshit, 34, who runs online gambling company PartyGaming PLC from Gibraltar, is ranked No. 207 and worth US $3.3bn. The Indian citizen, who lives in Gibraltar, the middle East and Africa, took the company public on the London Stock Exchange last year. Meanwhile, video game tycoon Hajime Satomi, 64, of Japan, entered the list at No. 698 with a net worth of $1.1bn. He founded slot-machine marker Sammy and in 2004 bought out Sega Corp., then combined the two to form Sega Sammy Holdings Inc.

Further expansion at Automated Transactions has seen a new member added to its team based in Germany. Victor Gorzen joins the company with responsibility for Russia, Kazakhstan and other eastern markets, where he will be responsible for the Smiley note Validators and the coin validators from Automated Transactions, member of the Innovative Technology Group. “Victor is well known and has a lot of experience in the markets we are working in,” stated Marcus Tiedt from Automated Transactions. Before his new job, Victor was working for Stella International and other companies within the Gauselmann Group.