SHFL entertainment Establishes Relationship with Evolution Gaming
LAS VEGAS, June 4, 2013
LAS VEGAS, June 4, 2013 /PRNewswire/ --SHFL entertainment, Inc. (NASDAQ
Global Select Market: SHFL) ("SHFL" or the "Company") today announced it has
established an agreement with video-streamed live dealer gaming provider
Evolution Gaming ("Evolution"), which is based in Riga, Latvia.
Under this agreement, Evolution will receive the rights to offer many of
SHFL's specialty table game titles in its online live casinos. Evolution's
video-streamed live dealer environment allows players to play against live
dealers over an online connection.
"We are thrilled to be working with Evolution," said Lou Castle, Chief
Strategy Officer for SHFL. "They are a leader in Europe's video-streamed live
dealer space and have integrated with many of Europe's top operators. We
believe that these merits, along with the strength of our brands, will prove
to be a successful combination."
Jens von Bahr, Chief Executive Officer for Evolution, added, "We are delighted
to add SHFL's renowned table games to the existing Evolution line-up of live
roulette, blackjack, baccarat and casino hold'em games used by our licensees
across Europe and to gain first-to-market online advantage in new markets such
as Italy, Spain and Denmark. Given our plans to expand into the USA and
Canada, SHFL's games, which are so popular with US players, will enrich our
tailored offering for the North American marketplace."
About SHFL entertainment, Inc.
SHFL entertainment, Inc. is a leading global gaming supplier committed to
making gaming more fun for players and more profitable for operators through
product innovation, and superior quality and service. The Company operates in
legalized gaming markets across the globe and provides state-of-the-art,
value-add products in five distinct categories: Utility products, which
include automatic card shufflers and roulette chip sorters; Proprietary Table
Games, which includes live games, side bets and progressives; Electronic Table
Systems, which include various e-Table game platforms; Electronic Gaming
Machines, which include video slot machines; and newly introduced iGaming,
which features online versions of SHFL's table games, social gaming, and
mobile applications. The Company is included in the S&P SmallCap 600 Index.
Information about the Company and its products can be found on the Internet at
www.SHFL.com, or on Facebook and Twitter.
Forward Looking Statements
This release contains forward-looking statements within the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995. All
statements included in this release other than statements that are purely
historical are forward-looking statements. Forward-looking statements in this
press release include, without limitation: our anticipation that our
integration with Evolution will be accomplished in the manner anticipated
under our contract, or at all; our expectation that all of our brands will be
accepted in all of Evolution's markets, will be commercially successful and
will be received and in-demand by Evolution's customers; our strategy and
ability for innovation and exploitation of our brands and intellectual
property; our expectation that our products will perform as they are designed
to do and to and will meet our profitability, performance and innovation
expectations; our belief that the requirements of our privileged licenses will
not be changed, altered or revoked in a manner that would impact our ability
to conduct our business or market our products as currently conducted or as we
anticipate doing so. Our beliefs, expectations, forecasts, objectives,
anticipations, intentions and strategies regarding the future, including
without limitation those concerning expected operating results, revenues and
earnings are not guarantees of future performance and are subject to risks and
uncertainties that could cause actual results to differ materially from
results contemplated by the forward-looking statements, including but not
limited to: unexpected challenges in our ability to accomplish our integration
activities with Evolution; changes in the market and economic conditions and
reduced demand for or increased competition with SHFL's brands; our
unanticipated inability to accomplish our innovation objectives or our
inability to accurately gauge the commercial appeal of our brands; increased
infringement on SHFL's intellectual property or proprietary brands;
unanticipated changes in the laws, rules or regulations governing gaming and
the regulation of gaming in all markets.
SOURCE SHFL entertainment, Inc.
Contact: Julia Boguslawski, Investor Relations / Corporate, Communications,
(702) 897-7150, firstname.lastname@example.org or Gavin Isaacs, CEO, Linster W. Fox,
CFO, (702) 897-7150, Fax (702) 270-5161
Press spacebar to pause and continue. Press esc to stop.