9th Jun 2006 07:00
Cyberscan Technology Inc09 June 2006 Not for release, publication or distribution in, or into, the United States,Canada, Australia, Japan, the Republic of Ireland or South Africa 9 June 2006 CYBERSCAN TECHNOLOGY, INC. CYBERSCAN teams with ladbrokes to Offer Turnkey Betting Service for Casinos Cyberscan Technology, Inc. ("Cyberscan" or "the Company"), trading as Cyberview,a leading provider of downloadable server-based systems to the gaming industry,today announces an agreement to team with Ladbrokes plc, the world's largestbookmaker, to jointly supply a complete sports betting package to casinos andother licensed gambling venues in the international market. Under the agreement, Ladbrokes will provide a full range of odds on sportsevents from around the globe. This will be combined with leading technology fromboth companies to enable casinos and other slot gaming venues to offer acomprehensive fixed-odds sports betting service to their customers via a turnkeypackage. Cyberview will market the new service as well as manage installation andintegration, systems training, cash management and all technology support.Casinos will be supplied with a tailored screen display showing Ladbrokes odds,as well as bet capture systems. Ladbrokes will supply odds and liabilitymanagement. Cyberview is currently in discussions with several Moscow casinos and as theservice proves popular, it will be rolled out to other markets next year. Commenting, Jean-Marie Gatto, Chief Executive Officer of Cyberscan, said "This tailored package will open the door for casinos to offer sports betting onevents around the globe. We're starting in Russia but hope to extend the serviceto other markets in the future." The system supplied by Ladbrokes and Cyberview will offer options for both largeand small licensed premises to show live sporting events on screen together withbetting odds on the outcome of events and betting in play throughout eachevent. Sporting content will be tailored to local markets. - Ends - About Cyberscan: Cyberscan is a leading provider of server-based downloadable gaming systemsunderpinned by a strong Intellectual Property and patent portfolio. TheCompany's platform provides customers with an end-to-end security solution for aserver-based downloadable gaming system. This innovative and flexible technologyallows customers to change the game offering on demand, thereby enabling thecasino to customise its offering in order to maximise revenue and it also aidsadministration by providing detailed reports for customers, regulators and thetax authorities. The Cyberscan system can be deployed in most gaming markets andcountries across the world. The Company's products include: •FOBTs (Fixed Odds Betting Terminals) supplied to UK bookmakers; •VLT (Video Lottery Terminals) to lotteries and other gaming operators; •Server-based downloadable gaming slot machines to the casino industry; •IBS (International Betting System) a collaboration with bookmakers which offers the ability for customers to widen their offering for players betting on sporting events in licensed premises. For further information, please contact: Cyberscan Technology, Inc 020 7761 3000Mark Nanovich Hogarth Partnership 020 7357 9477Fiona Noblet This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Ladbrokes Coral