Ramsey added, “Our new Platinum MPX and The Texan HDX cabinets demonstrate Multimedia Games’ PLAY LOUDER philosophy and our focus on providing a fun, unique, player-focused gaming experience. The Platinum MPX is our first fully-integrated slot cabinet and sound chair, and we believe that players will be drawn to the incredible visual and audio elements developed by our creative teams. The Texan HDX is truly unique for casino slot floors as its jumbo size and engaging game content will stand out and demand from players.”
High Rise Games Library Continues to Expand
Building on the success of the Company’s High Rise Games series of premium participation games, which are today available in over 290 casinos nationwide with more than 1,900 total units deployed (at June 30, 2014), Multimedia Games will debut six new titles at G2E 2014 to bring its current High Rise Games library to 19 titles. New games on display will include The Money Man Big Cash Spin™ and Super Jackpot Wheel™. As the star of the Company’s wildly successful TournEvent slot tournament experience, The Money Man is the main attraction in The Money Man Big Cash Spin which features a number of exciting new bonus rounds, including the Big Cash Spin Bonus which asks players to press the ‘PLAY’ button to spin the wheel and win either 25-250 credits times the current bet per line or one of the ever-growing progressive jackpot prizes. In Super Jackpot Wheel, the Company debuts its first-ever wheel feature for the High Rise cabinet, letting players take their winnings for a whirl. The Super Jackpot Wheel Bonus introduces four prize wheels – Mini, Minor, Major and Mega – with the bonus prizes increasing as player advance from wheel to wheel.
Mr. Ramsey concluded, “Our team has worked non-stop to create great games, attractive cabinets and a unique nationwide event that demonstrates our commitment to our customers and their players. Multimedia Games’ newest offerings, on display at G2E 2014, deliver on our promise of offering slot players an unmatched entertainment experience, while providing operators with an attractive return on their investment. We are bringing to G2E more games and more cabinets than ever before and are excited to offer a new variety of premium participation products that will further enhance the Company’s ongoing partnership with our customers.”
Product names mentioned in this release are trademarks of Multimedia Games and/or its wholly owned subsidiary, except for “G2E,” which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.
About Multimedia Games Holding Company, Inc.
Through its wholly owned subsidiary, Multimedia Games, Inc., Multimedia Games Holding Company, Inc. (“Multimedia Games”) develops and distributes gaming technology. The company is a creator and supplier of comprehensive systems, content and electronic gaming units for Native American and commercial casinos. Revenue is derived from gaming units in operation on revenue-sharing arrangements as well as from the sale of gaming units and systems that feature proprietary game content and game themes licensed from others. Multimedia Games also supplies the central determinant system for the video lottery terminals (“VLTs”) installed at racetracks in the State of New York. The company is focused on pursuing market expansion and new product development for commercial and tribal casinos and VLT markets. Please visit www.multimediagames.com, twitter.com/MultimediaGames or facebook.com/MultimediaGames, where Multimedia Games discloses important information about the company, its sales, and its business.
Cautionary Language
This press release contains forward-looking statements based on Multimedia Games' current expectations and projections, which are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “continue”, “intend”, “plan”, “seek”, “estimate", “project”, “may”, “should”, or the negative or other variations thereof or comparable terminology as they relate to Multimedia Games and its products, plans, and markets are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, expectations regarding our future installed base and win per day; expectations regarding our financial performance and financial flexibility; expectations regarding the success of the pending PokerTek, Inc. acquisition and its effect on company performance; expectations regarding customer’s preferences and demands for future gaming offerings; expectations regarding our product portfolio; expectations regarding shareholder value; expectations regarding market entry and expansion; expectations regarding tax rates; expectations regarding the share repurchase program; management’s plans and objectives for future operations; expectations regarding future investments; expenditures and product development; business prospects; anticipated sales performance; industry trends; market conditions; and other statements that are not historical facts. All forward-looking statements are based on current expectations and projections of future events.
These forward-looking statements reflect the current views, models, and
assumptions of Multimedia Games, and are subject to various risks and
uncertainties that cannot be predicted or qualified and could cause
actual results in Multimedia Games’ performance to differ materially
from those expressed or implied by such forward looking statements.
These risks and uncertainties include, but are not limited to, the
ability of Multimedia Games to increase its future installed base and
win per day; improve its financial performance and financial
flexibility; successfully complete the acquisition of PokerTek, Inc. and
integrate the new company into the company’s existing business;
successfully implement its product portfolio; increase shareholder
value; successfully enter new markets and expand in current markets;
grow its revenue, gaming operations or game sales businesses; garner new
market share; secure new licenses and game approvals in new and current
jurisdictions; successfully develop or place proprietary product such as
premium games and the TournEvent slot tournament system; comply with
regulations; have its games met with approval by customers or players;
or repurchase shares of its common stock. Please refer to the Company’s
most recent Form 10-K and subsequent filings with the Securities and
Exchange Commission for a further discussion of risks and uncertainties.
All forward-looking statements made herein are qualified by these
cautionary statements and there can be no assurance that the actual
results, events or developments referenced herein will occur or be
realized. Readers are cautioned that all forward-looking statements
speak only to the facts and circumstances present as of the date of this
press release. Multimedia Games expressly disclaims any obligation to
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.