etXTech has been in the business of developing betting software the past 3 years, and has concentrated a large part of its efforts on delivering no-risk, retail-based solutions to betting shops and casinos. The company initially launched their flag-ship commercial Sportsbook product, the XSS-EPOS betting terminal, at the 2006 Betting Show in Birmingham, UK. The company has just several licensed betting operations throughout the UK and Ireland, with significant results.
Because of its electronic point of sale (EPOS) software and hardware integration expertise, the company was approached by leading casino operator, Regency International, to develop a bespoke slot ticket redemption terminal that would support cashless slot machine gaming (TITO - Ticket In Ticket Out) at Regency’s newly established Romania based casino.
Regency's slot machines are equipped with Future Logic GEN2 printers, and BetXTech's XSS-VRT terminals will be capable of processing the slot ticket jackpot vouchers through the IGT EZ-Pay system using JCM American Corporation UBA Series validator and a high volume cash dispenser, featuring hefty 3000 note capacity cassettes with four different currency denominations. The VRT solution is to be delivered to Regency International beginning of first quarter 2008.
The boutique firm made the decision to become an exhibitor in this year's ICE show in order to seek out strategic partners interested in distributing the company's self-service sports betting and voucher redemption terminals to casinos.
“Our decision to attend ICE 2008 this year as an exhibitor will surely prove to be one of the company's major decisions leading to future business. We feel a good number of established casino suppliers will take an interest in our innovative and cost effective solutions as complimentary offerings to their existing portfolio”, says Melcom Copeland, a Director of BetXTech.