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February 26, 2013
14:42 EDTMGAMMultimedia Games gets approval from Nevada Gaming Commission for MForce
Multimedia Games (MGAM) announced that its new gaming platform, MForce, has received final approval from the Nevada Gaming Commission, representing a key milestone in the company’s entry into Nevada. With the approval from the Nevada Gaming Commission, Multimedia Games can immediately begin performance field trials with any casino operators in Nevada that run either the IGT Advantage or Bally ACSC slot management systems. The company said it expects to record initial unit sales and recurring revenue placements in the second half of fiscal 2013 and plans to submit eight additional video titles in the next several weeks for approval, which the company expects to receive in its fiscal third quarter. Multimedia Games also said it plans to commence additional technical field trials of its MForce platform and game titles in the state in the coming weeks. These technical trials will be with casino operators that use the Bally SDS system and Aristocrat Oasis system.
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