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Online Casino Project >>> Betting News >>> January News


Server Based Casino Slots Doing Well For Inspired Gaming

by Ryan O'Donnell, News Staff
Writer      Bookmark with del.icio.us
January 26, 2007
 

Server based gaming certainly has the potential of ushering the next big technological wave into the land-based casino gambling industry. In the U.S. a handful of casino operators are giving this technology a try, including Barona Valley Ranch in California, while in the UK, Inspired Gaming Group continues operating their server-based machines out of several leisure destinations and retail stores.

Server-based machines (SBG) at Inspired Gaming Group are evidently doing very well, considering Inspired Gaming's end of year results in 2006. According to the company's financial statement, end of year earnings were up by over 5% for a turnover of 171 million, while EBITDA was up to 21 million for the year (up 9.4% from 2005 totals). As for the first quarter totals for 2007, the company is expecting even better figures. Already, non-audited EBITDA is up by approximately 40% compared to the same time in 2006.

2006 total earnings show that sever-based slots accounted for nearly 33% of Inspired Gaming's earnings, while revenue resulting from machine management rose over 20% and server software sales were up by nearly 70%. It is estimated that nearly one quarter of the betting terminals in the UK are stocked by Inspired Gaming's server-based machines.

Much of this success directly resulted from new contracts signed with heavyweight casino operators such as William Hill and Tabcorp. 2007 results are expected to rise even more, following recent contracts with Gala Coral, Paddy Power and Party Gaming (who is known for their own server based casino games, albeit of the online version). In fact, server-based slots owe much of their existence to their virtual prototypes offered at online casinos and internet gaming sites like Party Gaming.

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