Japan Cash Machine Co Ltd, also known as JCM Global, says it has installed its iVizion bill validator and ICB Intelligent Cash Box system in “all electronic casino games” at the newly-launched casino inside City of Dreams Sri Lanka.
The gaming venue, managed by global casino operator Melco Resorts and Entertainment Ltd, is located in the Sri Lankan capital, Colombo, and opened to the public last month.
“JCM installed its iVizion bill validator to protect all the casino’s electronic gaming machines, and its ICB Intelligent Cash Box system to streamline the entire drop process,” JCM said in a press release issued on Monday.
JCM, a firm listed on the Tokyo Stock Exchange, manufactures machines that validate banknotes and handle currency, as well as printers for casino gaming machines and other gaming hardware-related devices.
According to the firm, iVizion validates and accepts more than 120 of the world’s currencies, including the Sri Lankan rupee. “The ICB system is live on over 280,000 electronic gaming machines worldwide and continues to bring industry-leading efficiency to the drop and count process,” it added.
JCM said in the release it has a long history of partnering with Melco Resorts. “In addition to City of Dreams Sri Lanka, JCM products are also found at other Melco properties, including City of Dreams Manila, City of Dreams Macau, and Mocha Clubs in Macau,” stated the technology supplier.
Dave Kubajak, JCM’s senior vice-president of sales, marketing and operations, said in prepared remarks: “We are thrilled to further expand our relationship with Melco at the exciting City of Dreams Sri Lanka.”
JCM stated its iVizion bill validator features advanced contact image sensor technology that enhances casino security “by scanning 75 times more data points than any bill validator, capturing the full image of both sides of a banknote or ticket, all while maintaining the fastest and highest acceptance rate.”
The firm’s ICB Intelligent Cash Box system aims to streamline the entire drop process, eliminating human error, enhancing accuracy, and boosting compliance. According to JCM, the ICB system “offers customisable, web-based reporting for intelligence-driven floor drops and decision-making”.
JCM reported net sales of JPY7.61 billion (US$51.5 million at current rates) for the April to June period, down 24.7 percent year-on-year. Ordinary profit was JPY261 million, down 89.0 percent from a year earlier, “due to the recording of foreign exchange losses resulting from the appreciation of the [Japanese] yen,” it said in August.
