LAS VEGAS, April 18, 2019 (GLOBE NEWSWIRE) -- Luxury gaming manufacturer and electronic table game (ETG) market leader, Interblock, announced today their partnership with Penn National Gaming Inc. (PENN: Nasdaq) (“Penn National” or the “Company”).
The corporate partnership agreement with Penn National will include installations at over 20 properties of the company’s portfolio across the United States, and guarantees Penn National exclusivity on newly released products. Interblock’s extensive product portfolio will allow Penn National to offer Blackjack, Baccarat, Roulette and Craps in an array of formats from Standalone Automated and Video units, BarTops, Live and/or Automated Stadiums and Pulse Arenas.
Interblock’s CEO, John Connelly, said, "Penn National has long been regarded as one of the leading operators in North America and Interblock’s ability to work with an operator of this caliber is incredibly fortunate for our company. We intend to use a combination of technology and innovation to help Penn reduce operating expenses across their properties, while increasing revenue.
"This partnership allows for Interblock to introduce several product segments designed for various casinos within the Penn portfolio. Everything from Stadiums to standalone units will be utilized to address the demands within each region.
"We are thankful to Penn National for this opportunity and will work hard to make this partnership a success!"
Amongst the first properties to install as part of the deal are Hollywood Lawrenceburg, Ameristar East Chicago and Hollywood Toledo. Each property will install Interblock’s industry leading Diamond Stadiums, which attract existing and new players alike to the next generation of gaming.
The Diamond Stadiums are completely customizable to work with each casino's unique floorplan and customer base. An unlimited number of play stations can be connected to a single table or generator, providing operators with an effortless way to generate revenue while simultaneously reducing operator expenses. Configured with dealer assist tables, automated generators and/or video generators the stadiums provide Multi-hand Blackjack, Baccarat, Roulette and Craps games to patrons from a single play station. Operators are able to turn a dealer assist table into an automated stadium with the touch of a button during non-peak hours allowing for non-stop revenue generation.
“We’ve long been fans of Interblock’s electronic table games products and are pleased to be able to offer them at more than 20 of our company’s leading properties,” said Dan Cherry, Vice President of Gaming Operations for Penn National Gaming.
About Interblock
Interblock® is a worldwide leading developer and supplier of luxury electronic table gaming products. Its multi-player gaming devices set industry standards and provide the ultimate in luxury interactive entertainment experiences. The Interblock brand is globally recognized for diamond quality gaming solutions and technical support in more than 200 jurisdictions. Interblock’s exclusive collection of fully and semi-automated electronic gaming tables and video gaming solutions provide casinos, arcades and gambling halls with superior product performance and their guests with an unforgettable gaming experience. For more information, visit www.interblockgaming.com or call +1 (702) 260-1384.
About Penn National Gaming
Penn National Gaming owns, operates or has ownership interests in gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. Reflecting the recent acquisitions of Pinnacle and Margaritaville, the Company operates 41 facilities in 18 jurisdictions. In total, Penn National Gaming’s facilities feature approximately 50,000 gaming machines, 1,200 table games and 8,400 hotel rooms. The Company also offers social online gaming through its Penn Interactive Ventures division and has leading customer loyalty programs with over five million active customers.
Contact:
Jamie Garrett
Interblock Gaming
jamie.garrett@interblockgaming.com
7023704303