UFABet

Rapid Roulette approved in Nevada

Stargames Limited (Stargames) announced today that its international distributor for electronic table gaming products, John Huxley (Casino Equipment Limited) London, UK, has received formal approval in writing from the Nevada Gaming Control Board to permit the installation of Stargames Rapid Roulette (TM) incasinos throughout Nevada, USA.

The approval follows a successful field trial of Rapid Roulette (TM)at MGM MIRAGE Inc’s New York – New York Hotel and Casino in Las Vegas.

 

John Huxley’s Chairman, Mr Jeffrey Lindsay, said “Rapid Roulette (TM)is the first dealer determined multi-player electronic table game approved anywhere in the USA. The Nevada approval will open up many opportunities for sales of this outstanding product which will increase table gaming revenues and increase profits for casino operators”.

 

The Managing Director of Stargames, Mr John Rouse, said “This is a defining moment in the history of Rapid Roulette (TM) following on from the product’s great success at Crown Casino. We are excited about the Nevada approval and we are now preparing plans to roll out the product in North America, as well as in other international markets”.

 

Pokies turnover hits $4.6bn

 

POKER machine turnover in South Australia has reached nearly three times the national average – up to $4.6 billion a year.

 

South Australians are spending $473 a head a year on gaming machines ($316 more than in 1994-95), compared with $68 (up $14) on lotteries and $70 (down $5) at the casino.

Total gambling turnover in SA has risen 10.65 per cent – to $6 billion – compared with a 3.83 per cent national increase where turnover reached $118 billion.

 

Poker machine turnover rose 12.6 per cent in the 2000-01 financial year compared with only 4.84 per cent nationally.

 

The figures are in the latest annual report of the Tasmanian Gaming Commission, which is regarded as the nation’s most comprehensive gambling report.

 

They reveal that SA gaming machine turnover has risen from $1.4 billion in 1994-95 to $4.6 billion in 2000-01.

 

Over the same period, total UFABet gaming turnover – which includes lotteries and the casino – has risen from $2.1 billion to $5.3 billion. The latest figures from the Liquor and Gambling Commissioner in SA show net gaming revenue – the amount lost on poker machines for the 2001-02 year – was $606 million, of which $394 million went to club and hotel owners and the SA Government received $212 million in gaming taxes. SA poker machine numbers were capped in December, 2000, and extended for a further two years by a vote in Parliament in May last year.

 

No Pokies MLC Nick Xenophon said the Government should now make a commitment to cap poker machine losses, not just numbers, following the release of the gambling statistics.

 

He said a cap on pokies numbers was only a first step in dealing with problems caused by gambling addiction.

 

“The statistics released by the Tasmanian commission do not tell the full story because in the last 12 months there were another 550 electronic locusts released into the community,” he said.

 

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