Tue, Jun 18, 4:34pm by Staff Writer
SenSen Networks has had the quality of its latest gaming solution confirmed by international evaluators.
Proactive Investors is reporting that SenSen networks Limited has received a positive evaluation from Gaming Laboratories International, which confirmed that the SenGAME 3.0 Business Intelligence System performed as indicated.
The GLI evaluation was performed at Adelaide Casino and is a significant milestone for SenSen as the company moves to rapidly roll out SenGAME in casinos worldwide.
A GLI report is highly regarded in the industry and is seen as a requirement for regulatory approval in most jurisdictions, particularly in the US.
There are more than 1,300 casinos globally, with more than 50,000 gaming tables between them.
The testing was carried out for the purpose of attesting that the system performs as indicated and that there is no impact on the statistical outcome of the game the system is installed upon.
GLI’s report concluded: “the observed accuracy of the system for recognizing and registering casino chips in the defined betting areas of the table was close to 100 per cent accurate.
“The BI data verified in the dashboard screens was accurate and reflected the game activity and bets placed at the table.”
SenGAME sits within SenSen’s Retail & Leisure business vertical.
In late May, the company was an exhibitor at G2E Asia in Macau with a booth positioned next to major global gaming companies in order to maximize exposure.
Following the expo, SenGAME has responded to requests for new Proof of Concept trials from new customers as well as existing leads seeking more deployments of the SenSen gaming solution.
SenSen chief executive officer Subhash Challa said: “G2E Asia 2019 further cemented our position as a disruptive force in gaming table optimization in the casino industry.
“None of our few competitors can offer a comparable package of recognition software providing highly accurate artificial intelligence and real-time monitoring of chips, cash, cards and players allowing casinos to maximize their gaming table operations’ revenue and the most competitive pricing.”
“We are accelerating the pace of installing our SenGAME system in numerous casinos around the world and we expect to transfer our POC clients into paying customers with multiple table deployments over the next financial year.”
SenSen announced it had more than 30 customer opportunities in the pipeline as of early May, but since G2E this number has grown to 69, including 15 in North American and 25 in Asia.
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CCP Technologies Limited has scored a victory in the United States, with the company announcing that its smart-sensor temperature control technology would be deployed at a new casino in Boston.
Stockhead is reporting that the deal would increase group revenues by 10 per cent, an amount it didn’t classify as “material”.
However, the company was optimistic about the fact that it mark’s CCP’s first break into the US market.
Shares in CCP jumped by as much as 60 per cent in the morning trade after the announcement, before easing back slightly.
Despite this morning’s surge, CCP’s share price is still well off its January 2018 high of four cents.
The company is looking to chalk up some wins after a steady run of losses, including a disastrous foray into cryptocurrency, key management changes and an effort to raise more capital.
CCP scored the deal through Koolmax, its US distribution partner that provides refrigeration services of its own.
The company said the price-point for the sale would remain under wraps until installation was completed at the end of July.
Also remaining commercial-in-confidence is the name of the casino in question, which requested that its name be held out of the announcement.
Casino operator Wynn Resorts owns the only gaming licence in Boston and is set to open the US$2.6 billion casino in the city later this year.
CCP said it already received the purchase order and had arranged shipment of the relevant products.
It referred to the deal as a “defining commercial milestone that is anticipated to yield ongoing opportunities at other sites.”
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