Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! |
Gaming News
Aristocrat Chooses Keystone Gaming8 February 2005LAS VEGAS – (PRESS RELEASE) -- In conjunction with its major sponsorship of the first-annual Pennsylvania Gaming Congress Wednesday in Harrisburg, Aristocrat Technologies, Inc. announced that it has named Keystone Gaming Company LLC (KGM Gaming) its gaming machine distributor in Pennsylvania. After an extensive selection process that involved a number of companies, Aristocrat Technologies signed a letter-of-intent with KGM Gaming to be its exclusive distributor for Pennsylvania's new gaming program. Pennsylvania legislation currently requires that gaming manufacturers place products in the state only through Pennsylvania-based licensed slot suppliers. "We entertained proposals from a number of high-caliber groups, but chose to partner with KGM based on their strong roots in the state and their ability to offer full distributor services almost immediately," said Gavin Isaacs, President of Aristocrat Technologies, Inc. "KGM is an alliance of longtime Pennsylvania companies with an already established infrastructure and highly successful operations. The KGM management team enjoys great respect in state and local government and in the Pennsylvania business community, and shares our philosophy of providing customers with superior products and customer service. We're thrilled about this partnership." The KGM management team is led by Chief Executive Officer Robert (Bobby) Nix III, Chairman of the minority-owned Pleasant News Companies, a Pennsylvania distributor of retail news publications and gifts. He is an experienced senior executive with long-established Pennsylvania business and political relationships. Other key members of the KGM management team include: * Howard Weiss, Director of Logistics and Service -- currently President and Chief Executive Officer of Transcor Inc., a logistics and warehousing company established in Pennsylvania in 1948. Weiss is also a principal in PCS Technologies, a computer and network service company established in Pennsylvania in 1982. * Jim Brendel, Director of Gaming Relations -- founder and Chief Executive Officer of Advanced Electronics Systems, Inc., a Nevada- based gaming equipment sales and service provider and an Aristocrat business partner since 1997. * David Hyman, Director of Civic Relations and Chief Counsel -- Managing Partner and Chair of the government relations group at Kleinbard Bell & Brecker LLP, Philadelphia's premier boutique business law firm. He was appointed to the Mayor's Commission on Gambling by former Philadelphia Mayor and now Pennsylvania Governor Ed Rendell and is Philadelphia Mayor John F. Street's representative to the Philadelphia Industrial Development Corporation Board and the Philadelphia Tourism and Marketing Company. "We are extremely pleased that Aristocrat Technologies recognized the strengths that we bring to the table with our already established and successful businesses, gaming industry experience, and strong civic and business relationships at all levels in the state," said Bobby Nix, Chief Executive Officer of Keystone Gaming. "We in turn, are very excited and honored to represent Aristocrat Technologies, a company known for its high-performing video slots and commitment to customer service." Through its management team's businesses, KGM Gaming already has operations ready to provide sales, service, logistics and warehousing for the distribution of Aristocrat's gaming machines. The company also offers extensive regulatory expertise, 16 years of gaming industry experience and strong relationships in state government and the business community. Pennsylvania's new gaming program is not expected to be fully implemented until early 2006. The program could include up to 14 licensed slot machine venues with up to 61,000 gaming machines. |