Skill-Based Video Game Gambling Company GameCo, Inc. Announces Gaming License in Progress with Division of Gaming Enforcement in New Jersey

LAS VEGAS, March 16, 2016 /PRNewswire/ -- GameCo, Inc., the creator of the world's first skill-based video game gambling machines (VGM™), submitted its application to the Division of Gaming Enforcement in New Jersey and now has an active account, in an effort to secure its position as the first skill-based gaming company to hit casino floors.

GameCo committed to New Jersey as the first jurisdiction to launch its VGM, an arcade-style cabinet that balances player skill with game design to deliver the same return to players as traditional slot machines. GameCo's VGM, currently scheduled to debut in 2016 is poised to be the world's first introduction to skill-based video game gambling in casino properties. The launch of GameCo's VGM will be supported by esports events, tournaments, and game publisher marketing that will benefit casino partners in attracting a new audience of Gen X and Millennial gamers. GameCo is in the final stage of selecting a partner for its initial launch in New Jersey.

"We are excited to launch our VGM in New Jersey casinos this year," said Blaine Graboyes, CEO of GameCo. "The New Jersey Division of Gaming Enforcement has been extremely supportive of our endeavor to attract the next generation of gamers to the casino floor. We are confident the VGM will provide Gen X and Millennial gamers with an engaging opportunity to gamble playing video games at the casino," he continued. 

Games offered on the VGM are familiar titles from top publishers played in 30-90 second experiences featuring various genres and themes including first person action, sports, racing, fighting games, platformers, puzzle games, and more.

About GameCo, Inc.:
GameCo, Inc. is a pioneering company uniting video games with casino floor gaming. Founded by video game, casino gaming, technology and live event veterans, GameCo brings together executives from Scientific Games and IGT along with award-winning producers for game publishers such as Blizzard Entertainment, WarGaming, Ubisoft and DreamWorks. The company has developed full compliance prototypes of its skill-based video game gambling machines (VGM™) as part of the regulatory approval process and expects to begin field trials within major casinos in 2016.

GameCo is privately held and headquartered in New York City. Visit gco.gg or twitter.com/GameCoInc.

SOURCE GameCo, Inc.

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