Italy's BetPlus Selects Octavian VLT System to Manage Large-Scale Comma6B Gaming Operations
LONDON, February 3 /PRNewswire-FirstCall/ -- Octavian Global Technologies, Inc. (OTC BB: OCTV) ("Octavian"), a leading provider of total gaming and lottery solutions, serving Casino, AWP (Amusements With Prizes), Lottery and emerging gaming market sectors worldwide, announced it has signed a 10-year contract with BetPlus (B PLUS GIOCOLEGALE LTD) for the deployment of the Octavian Symphony VE system to manage large-scale Comma6B-regulated AWP gaming operations across Italy.
BetPlus is the largest gaming concessionaire operating in Italy's AWP market, which is strictly controlled by the Italian Government's AAMS (Autonomous Administration of State Monopolies) and its Comma6 regulations.
BetPlus will deploy the centralised Octavian Symphony VE (VLT Edition) system to link gaming machines at multiple AWP venues across Italy and meet the latest Comma6B requirements. Initially around 12,000 machines will be connected, but the highly scalable system offers virtually limitless scope to connect further sites and machines.
The Symphony VE system is the latest development of Octavian's Symphony system, proven over many years to enable rapid roll-out and high-reliability management of wide-area gaming networks comprising tens of thousands of EGMs. As well as providing flexible monitoring, accounting and reporting functions to control gaming machine operations, the Symphony VE system offers significant scope for business development through player tracking and wide-area multiple progressive jackpots. In addition, the system will enable BetPlus venues to offer Comma6B games from Octavian, as well as games from all the major games brands serving this market.
Commenting on the decision to select the Octavian system, Arturo Vespignani, COO of BetPlus, said: "With the introduction of Comma6B brought forward by the AAMS, we needed a systems provider with a proven track record in the rapid deployment and ongoing support of large-scale gaming management systems. Further, we needed strong knowledge of the European AWP market, and systems flexibility to enable the business to quickly adapt to future regulatory developments. Octavian's Symphony VE system will allow us to meet these requirements and more in a fast-changing and very exciting market."
Peter Moffitt, President of Octavian, added: "Having faced very strong competition from other major systems suppliers, we are delighted to have been selected by BetPlus, the leading operator in this market. The agreement is another systems landmark for Octavian and further strengthens our position in the Italian AWP market."
The roll-out of the new Comma6B-compliant system is expected to take place over the next three to four months and the agreement between BetPlus and Octavian is for an initial period of 10 years.
In parallel with the system deployment, Octavian is porting many of its highly successful Comma6A games titles (which regularly feature amongst the top 10 performing titles in this market) to Comma6B.
About Octavian Global Technologies Inc http://www.octavianinternational.com
Established in 2001, Octavian is a leading provider of total gaming and lottery solutions, serving Casino, AWP, Lottery and emerging gaming market sectors worldwide. Octavian-developed solutions, and also leading third-party products, are marketed under four core solution areas - OctaSystems, OctaGames, OctaSupplies and OctaLotto. Octavian currently has offices and computer centers in the Argentina, Colombia, Germany, Greece, Italy, Macau, Russia and UK. Through this extensive network, and also through joint ventures and partnerships across the gaming world, Octavian systems, games and other solutions are deployed and supported in more than 30 countries.
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This news release contains forward-looking statements, including statements that include the words "believes," "expects," "anticipates," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. Factors that may affect these forward-looking statements include, among others, the decisions of third parties over which we have no control, the state of the telecommunications industry, technological changes and other factors set forth from time to time in our public statements. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date of this news release.
For further information contact: Helen Hedgeland, +44(0)1483-543-543 or mail [email protected]
SOURCE Octavian Global Technologies, Inc
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