March 28, 2017 1:57 PM ET

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Company Overview of Gameco, Inc.

Company Overview

Gameco, Inc. offers gaming services. It also offers repair services for bingo equipment. The company was founded in 1985 and is based in Parma, Ohio.

12319 Plaza Drive

Parma, OH 44130

United States

Founded in 1985

Phone:

216-676-5000

Fax:

216-676-4504

Key Executives for Gameco, Inc.

Founder and President
Compensation as of Fiscal Year 2016.

Gameco, Inc. Key Developments

GameCo, Inc. Debuts Skill-Based Video Game Gambling Machines at Caesars Entertainment Properties in Atlantic City

GameCo, Inc. announced that it will debut its product on casino floors by Fall of 2016 at Caesars Entertainment resorts in Atlantic City, New Jersey, which include Caesars, Harrah's Resort and Bally's Wild Wild West. The premier game, titled 'Danger Arena' is a first-person action video game in which player skill determines the payout. GameCo's proprietary VGM is an arcade-style video game cabinet and controller. Each VGM features a single-player game, generally 60-90 seconds to play, adapted from top console, PC and mobile developers. The patented VGM gambling platform allows a player's skill in popular video games to determine the payout and winnings, while maintaining the same casino economics as slot machines. Game genres such as action, adventure, sports, racing, fighting, platformer and casual games will soon be prominent as casinos adapt to GenX and Millennial gamers who grew up playing video games.

Gameco, Inc. to Bring Skill-Based Video Game Gambling Machines to Casino Floors

GameCo, Inc. has created the video game gambling machines in an effort to bring a new generation of gamers to land-based casinos. Similar to electronic poker or blackjack but featuring popular video games, GameCo's proprietary arcade-style cabinets utilize a patent-pending system that balances player skill with proprietary game design to deliver single player games, while maintaining the same house return to players as traditional slot machines. Using its patent-pending algorithm and unique game design, GameCo is working with the game developers and publishers to adapt popular video games for casino gaming all while meeting regulatory requirements. The company will offer a wide variety of game play experiences with genres and themes from core to casual including everything from sports, racing, and fighting games, to first person shooter, puzzle, hidden objects, and match 3 games. Working alongside compliance testing agencies, such as Gaming Laboratories International (GLI) and various state gaming regulators, GameCo is taking all necessary steps to ensure that its VGMs accommodate all gambling regulations. The company is currently building full compliance prototypes as part of the regulatory approval process and expects to begin field trials in early 2016.

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Recent Private Companies Transactions

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