GeWeTe presented change machine solutions at ICE

Players more and more have the possibility to collect their winnings in a cashless form, thus by ticket or card. There are several advantages for operators – the coin hoppers are no longer required and with that the need to keep a certain float of money for each machine. AWP downtime caused by not having enough coins for possible payouts has been a long-standing problem in the UK AWP industry, particularly in the pubs sector. This money placed in hoppers was not working capital and is now released for operators to use and invest as they please. Real experience in various countries has shown that operators can reduce their idle capital by up to 60% when moving over to cashless.

The ticket or card can now be redeemed at GeWeTe change machines as these include all the technology to securely read the ticket barcode or ticket and pay out the winnings.  Thus, safe and quick payouts are assured 24 hours a day, 7 days a week. GeWeTe redemption terminals combine maximum coin and banknote storage with highest security levels.

Therefore, all the money is securely stored in the GeWeTe change machine. Many operators have suffered from manipulation directly at the AWPs and losses can be very high. This fear now belongs to the past when using the cashless payout solutions from GeWeTe. Personnel no longer have any contact with the cash as it is secured in the GeWeTe change machines. The money inside the GeWeTe machines can be viewed online so operators have exact and real-time information on their cashflow.

GeWeTe change machines are capable of handling several different technologies at the same time. Operators offering different gaming entertainment concepts are often faced with differing payment concepts. These can be united at the GeWeTe change machine / redemption terminal. Whether these are pay outs on bingo machines, on AWPs by ticket or any other gaming machines by card – the player only needs to go to one machine to collect the winnings – GeWeTe.
For sports betting – GeWeTe has teamed up with Cashpoint to offer a completely automatic way of offering sports betting. Thus, GeWeTe is active in all market segments of the gaming world.

Aristidis Tsikouras, Managing Director of GeWeTe, looks back on a very successful ICE, stating, “Our ‘made in Germany’ quality with optimal security places us at a higher level. We have change machines and redemption terminals for all applications for the UK AWP market. With Mark Edmundson on board to head up our UK and Irish business, our customers can benefit from the best technology with local service”.