Elixir Gaming Tech Inc

(AMEX: EGT)

Industry: Gambling
On the web: http://www.elixirgaming.com
Employees: 202

Elixir Gaming Technologies, Inc. was incorporated in Nevada. The Company provides gaming technology solutions in the Asia Pacific region with a focus on the Philippines and Cambodia markets. The Company's operations currently consist of three segments: Gaming machine participation, which focuses on its ownership of electronic gaming machines placed in resorts, hotels, and other venues across certain countries in Asia placed on a revenue sharing basis Table game products, which focuses on the design, manufacture and distribution of table game products, including traditional and RFID casino chips, and chip washers and Non-gaming products, which focuses on the design, manufacture and sale of component parts mainly for the automotive industry. Utilizing its developed operational experience and established market presence and key relationships, the Company on its own identify and develop new gaming venues, acquire the gaming machines, casino management systems and other gaming peripherals directly from the manufacturers and system suppliers and install the same in its contracted venues. In addition, it also assists the venue owners in brand-building and marketing promotions. It also hires, trains and manages the floor staff and set high expectations on the level of customer service. In addition to the electronic gaming machine participation business, the Company has historically developed, manufactured and distributed various table game devices used in the gaming industry, including automated card verification machines, electronic card shuffling systems and high-frequency RFID-gaming chips. However, in March 2009, it sold its card verification and electronic card shuffling assets and has discontinued those lines of products. Through its July 2006 acquisition of Dolphin Advanced Technologies Pty Ltd., the Company also designs, manufactures and sells component parts for the automotive industry, including inner and remote door handles, fuel filler hinge assemblies, module brackets, steering wheel spoke covers, speaker grills, fasteners, safety products, and cosmetic components for automobiles. The Company owns or has rights to certain trademarks including VendingData(tm), Deck Checker(tm), Random Ejection(tm), Random Plus(tm), PokerOne(tm), ChipWasher(tm), ShufflePro(tm), DeckSetter(r) and Dolphin(tm). The global gaming industry is highly competitive. Competitors include RGB, a subsidiary of Dreamgate Corp. an Asian distributor that places electronic gaming machines on a revenue sharing basis.