Japan Cash Machine Co Ltd, also known as JCM Global, says it has installed its iVizion bill validator and ICB Intelligent Cash Box system at the Golden Nugget Biloxi casino in the United States.
In a Wednesday announcement, JCM said it upgraded the property’s casino floor, replacing its UBA product by the iVizion bill validator “on just under 500 devices”.
“The upgrade completes a years-long effort, including purchasing new games with iVizion, to convert the floor,” stated the company.
JCM also said it installed the ICB system “on approximately 900 devices on the casino floor”.
“The combination of iVizion and ICB provides unequalled levels of protection, compliance, and efficiency,” said the firm.
JCM, a firm listed on the Tokyo Stock Exchange, manufactures banknote validators and currency-handling equipment, as well as printers for casino gaming machines and other gaming hardware-related devices.
According to the firm, iVizion “increases security with its Contact Image Sensor (CIS) technology that scans 75 times more data points than any bill validator in its class”. The product is said to validate and accept more than 120 of the world’s currencies.
The press release cited Dave Kubajak, JCM’s senior vice president for sales, marketing and operations, as saying that his company was “truly grateful to the Golden Nugget Biloxi team for placing their enduring trust in JCM”.
He added: “JCM has proudly partnered with Golden Nugget Biloxi since the property opened, and we are excited to bring the advanced technologies of iVizion and ICB to the property, boosting security, increasing efficiencies, and enhancing the guest experience.”
JCM reported earlier this month a net profit of nearly JPY3.29 billion (US$21.3 million) in the six months to September 30, up 32.1 percent year-on-year. That was on sales that fell 30.5 percent from a year earlier, to just above JPY14.77 billion.
The company said its gaming segment saw “strong sales” of the firm’s “bill validator units for gaming machines in North America” during its financial first half, despite a decline in sales in Europe.
“In the gaming market, which is the group’s primary market, product sales remained at a high level throughout the period. This was partly due to last-minute demand in anticipation of tariff increases in the United States,” stated JCM in its announcement.
