SEARCH NEWS:

 

FutureLogic Expanding to Vegas

LAS VEGAS --A California company that makes ticket printers for slot machines said it expects to open a distribution center in Las Vegas to meet growing demand for its printer products.

FutureLogic Inc. said it has ended its contract with Seiko Instruments for the exclusive distribution of thermal printers for gaming devices. The company instead will market its printers directly to casino customers.

The thermal printers were developed with Seiko in 2000 and were created specifically for "cashless" slot machines. Cashless slots can dispense paper tickets instead of coins and have been embraced by major casinos because they are believed to save labor costs as well as increase gambling revenue by speeding up the betting process, experts say.

Under the Seiko contract, FutureLogic designed and manufactured the printer and responded to service calls. The company will maintain a manufacturing and distribution center in Tempe, Ariz., that will ship goods to Las Vegas, the company said. The Las Vegas distribution center is expected to open by the end of the year.

The Glendale, Calif., company claims the largest market share in the thermal printer industry, or about 95 percent. The company's printers are used in major slot machines made by manufacturers including International Game Technology, Bally Gaming and Systems and Aristocrat Technologies Inc.

A competitor, Connecticut-based TransAct Technologies Inc., also recently opened a sales office in Las Vegas to handle growing business volume.

Copyright © Las Vegas Sun. Inc. Republished with permission.

< Gaming News