International edition
September 23, 2021

From Nevada Gaming Commission

Progressive Gaming receives final approval to commercialize Casinolink Jackpot System

(US).- Progressive Gaming announced that the Nevada Gaming Commission has approved the Casinolink Jackpot System inter-linked progressive module of the company’;s Casinolink Enterprise Edition slot management system.

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JS technology is deployed in casinos in markets outside of Nevada in North America as well as in numerous international jurisdictions. Progressive Gaming reported on May 12, 2008 that it had a backlog of 2,000 CJS installations for Nevada and that it expects to install approximately 500 units by year-end. With Nevada Gaming Commission approval, the company expects to secure additional orders for CJS installations in Nevada.

CJS is a comprehensive, robust and proprietary hardware and software solution for centralizing/linking regular and mystery progressive jackpots. With CJS, casino operators can centralize control of progressive and mystery jackpots for their owned slot machines and generate related media displays. Among other things, operators can manage the frequency and sizes of progressive jackpots as well as the way "wins" are celebrated on the slot floor.

It allows casinos to create individual banks of progressives or progressive themed areas of their slot floor and provides the ability to link games for floor-wide bonusing and link thousands of games across multiple properties.

Russel McMeekin, President and CEO of Progressive Gaming International Corporation, commented, "Since its initial deployment in North American casinos nearly two years ago, CJS has established a strong track record as a system application that has consistently driven higher time-on-device and coin-in for slot machines on which it has been installed and therefore proven to generate a strong return on investment for our customers.

"CJS deployment in Nevada is expected to be an important driver of our anticipated slot management system and revenue growth over the remainder of this year as this approval by the Nevada Gaming Commission allows us to address the largest slot machine market in the world. Progressive Gaming will benefit from CJS’ attractive revenue model, whereby we generate both a one-time installation fee and high-margin, recurring daily fees, as we already have a solid backlog of orders in hand for the Nevada market and expect that this approval will help to secure additional orders going forward."

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