Release Details
Foxwoods Resort Casino Extends Agreement with TransAct Technologies Incorporated
North America's Largest Resort Casino Announces March 1st Expansion of New EPICENTRAL™ Print System to all MGM Grand at Foxwoods Slots
MASHANTUCKET, CT (February 15, 2011) - Foxwoods Resort Casino and MGM Grand at Foxwoods today announced an extended agreement with Hamden, CT based TransAct Technologies Incorporated (NASDAQ: TACT), a global leader in market-specific printers for transaction-based industries, to install the EPICENTRAL™ Print System in slot machines throughout the MGM Grand at Foxwoods. This expansion calls for an increase in the installation of the EPICENTRALTM system from 300 slot machines to all 1,100 machines at MGM Grand at Foxwoods.
"We're looking forward to experiencing the EPICENTRAL™ Print System and hearing feedback from our loyal gamers," said Lou Rosa, Vice President of Slot Operations for Foxwoods. "With over 6,600 slot machines on our award-winning property, we're always looking for ways to differentiate Foxwoods and MGM Grand at Foxwoods from the competition and believe this partnership will help us do just that."
The new EPICENTRAL™ Print System - connected directly to TransAct's ServerPort™ device inside the slot machine - is an easy-to-use, cost-efficient software system that will enable Foxwoods to internally develop marketing programs and promotional coupons to be distributed to customers on a real-time basis at a slot machine. Additionally, the system will work with all existing slot systems and games as it is separate and distinct from the slot system itself. With this, Foxwoods will be able to use the EPICENTRAL™ Print System to connect to any existing slot machine, regardless of the game's manufacturer or the current slot system, as long as the slot machine is equipped with a TransAct Epic 950® printer.
"We are thrilled to be partnering with Foxwoods, one of the largest and preeminent casinos in the country, in introducing the EPICENTRAL™ Print System to the public," said Bart C. Shuldman, Chairman and Chief Executive Officer of TransAct Technologies. "We believe the EPICENTRAL™ Print System will be a significant addition to Foxwoods' marketing program as it will enable the casino to reach out in real-time to its customers with multiple marketing and promotional messages to incentivize additional play time on the slot machines, promote incremental purchases throughout the property or induce additional visits in the future. We look forward to a successful trial run and the possibility of a major expansion of the system at Foxwoods in the near future."
Through the use of this software system, Foxwoods will have the ability to provide players with special drawing entries, real-time promotional coupons and marketing messages, restaurant meals, show tickets and hotel rooms, among many other possibilities. Essentially, Foxwoods will be able to utilize the EPICENTRAL™ Print System to create multiple promotions and incentives to either increase customer time spent on the casino floor or encourage additional visits.
Foxwoods Resort Casino and MGM Grand at Foxwoods have always placed a premium on offering the finest gaming options and promotions. At the six casinos at Foxwoods, there are more than 350 table games with 17 different varieties, including blackjack, craps, baccarat, roulette, Caribbean stud poker and pai gow poker, and the only WPT World Poker Room in New England, with 98 tables open around the clock. The casino at MGM Grand at Foxwoods features 60 table games, including blackjack, roulette, craps, Spanish 21, and 3-card poker. Foxwoods also offers more than 6,600 slots, a Rolling Chip program that rewards frequent players, Wide Area Progressive slot machines, High Stakes Bingo, free online play, and Ultimate Race Book.
About Foxwoods and MGM Grand at Foxwoods
North America's largest casino, Foxwoods Resort Casino® is located at the Mashantucket Pequot Indian reservation in the midst of the rolling hills of southeastern Connecticut, easily accessible from Boston, New York, Hartford, and Providence. Owned by the Mashantucket Pequot Tribe, Foxwoods has something for everyone as the East Coast's premier entertainment destination. Four award-winning hotels offer accommodations to suit every budget, along with luxury butler-serviced villas, extensive retail offerings, and more than 30 dining establishments featuring everything from world-class gourmet cuisine to casual fare. Six casinos offer non-stop gaming excitement with more than 6,600 slots and 360 table games; 97 poker tables in the only WPT World Poker Room™ on the East Coast; a High Stakes Bingo hall; and Ultimate Race Book. The renowned Norwich Spa at Foxwoods and the tranquil oasis of G-Spa provide the perfect escape to recharge the mind, body, and soul. Meetings and convention goers will find more than 115,000 square feet of meeting space, including the largest column-free ballroom in the northeast, MGM's 50,000 square foot Premiere Ballroom. Two acoustically-perfected theaters offer weekly entertainment for all ages. The original state-of-the-art Fox Theater, seating 1,400, was opened in 1993 by the legendary Frank Sinatra. The majestic 4,000-seat MGM Grand Theater hosts an impressive variety of weekly headline entertainment. Conveniently located adjacent to Foxwoods is Lake of Isles™, featuring two 18-hole championship golf courses designed by Rees Jones and a state-of-the-art Golf Academy. Foxwoods supports responsible gaming, and plays a leadership role in the Connecticut Council of Problem Gambling, of which it was a founding entity. For more information, call 800-FOXWOODS or visit www.foxwoods.com.
About the Mashantucket Pequot Tribal Nation
The Mashantucket Pequots are a native Algonquin people in southeastern Connecticut, having endured centuries of conflict, survival, and continuity on and around one of America's oldest Indian reservations, established in 1666. As the first native people within the borders of the continental United States to suffer attempted genocidal massacre by Puritan Colonists in 1637, the Pequots and their repatriation is an unprecedented story of restoration exhibited in detail at the Tribe's world-class Museum and Research Center (www.pequotmuseum.org). Today the Mashantucket Pequot Tribal Nation owns the largest resort casino in the world, Foxwoods Resort Casino (www.foxwoods.com), along with several other economic ventures including the Lake of Isles Golf Course (www.lakeofisles.com), a joint-venture partnership establishing the MGM Grand at Foxwoods, and Foxwoods Development Company dedicated to world-class resort development throughout the United States and Caribbean. All together, the Mashantucket Pequot Tribal Nation remains one of the State of Connecticut's highest tax payers and largest employers. Likewise, the Tribe provides significant financial contributions to state and local nonprofit organizations that support neighboring communities.
About TransAct Technologies Incorporated
TransAct Technologies Incorporated (NASDAQ: TACT) is a leader in developing and manufacturing market-specific printers for transaction-based industries. These industries include casino, gaming, lottery, banking, kiosk and point-of-sale. Each individual market has distinct, critical requirements for printing and the transaction is not complete until the receipt and/or ticket is produced. TransAct printers are designed from the ground up based on market specific requirements and are sold under the Ithaca® and Epic product brands. TransAct distributes its printers through OEMs, value-added resellers, selected distributors, and direct to end-users. TransAct has over two million printers installed around the world. TransAct is committed to world-class printer service, spare parts and accessories required by a growing worldwide installed base of printers. Beyond printers, TransAct is a leader in providing printing supplies to the full transaction printer market. Through its TransAct Services Group, TransAct provides a complete range of supplies and consumables items used in the printing and scanning activities of customers in the hospitality, banking, retail, gaming and government markets. Through its webstore, http://www.transactsupplies.com, and a direct selling team, TransAct addresses the on-line demand for these products. TransAct is headquartered in Hamden, CT. For more information on TransAct, visit http://www.transact-tech.com or call 203.859.6800.
CONTACT:
Lori Potter
Mashantucket Pequot Gaming Enterprises
860-312-4010
LPotter@foxwoods.com
Keith Gainsboro
Elevate Communications
617-861-3650
kgainsboro@elevatecom.com
Steve DeMartino
TransAct Technologies Incorporated
203-859-6810
sdemartino@transact-tech.com
William Schmitt
ICR Inc.
203-682-8200
william.schmitt@icrinc.com