Calvin Ayre and Bodog Negotiate a Settlement, All Charges Dropped [...]
GameCo Receives a GLI Certificate for its Video Gaming Machine
- March 1, 2017 By Oliver Young -
Everybody knows that casino games have changed a lot in the past few decades, especially in the last several years. Slot games become a lot more interactive and visual, compared to the old and more traditional slot machines that were a lot simpler. Not only do slot developers now offer slots which feature many bonus games and give players a chance to actively participate in the gameplay, but the graphics and the sound effects have been improved by a large margin.
Last month it was reported than NetEnt plans on releasing the first VR slot and that fact alone is a clear indicator of the direction in which the industry is moving. It is often said that casino games, and slots in particular look a lot more like video games nowadays. GameCo Inc. took that saying literally and decided to work further on developing casino games that look a lot more like video games, and some say, more importantly, skill-dependent games.
VGMs Available in Atlantic City, Company Hopes to Expand
GameCo developed the first video game gambling machine (VGM) and there’s already huge interest on the market, among operators and players. The company has obtained a GLI-11 certificate which proves that it abides by the highest gaming standards in the industry and under the licence it is allowed to sell games in jurisdictions that allow slot machines and other electronic casino games.
GameCo is located in New York and it is expected that the company will be looking to obtain a licence from the Nevada gaming authorities before it is allowed to offer its gaming cabinet to Las Vegas based casino. The VGM is a single player device, which allows players to play short casino video games for real money. It is expected that GameCo will be looking to conquer the American market first, before it starts offering its VGM in Europe.
VGM is already available in Atlantic City. It is estimated that about 30 VGMs are already offered in few Atlantic City casinos. GameCo’s CEO said in a public statement that receiving the GLI certificate is a huge achievement for GameCo in its mission to popularise skill-based gambling.
Two New VGMs to Be Developed
Studies show that millennials are interested in a different kind of games compared to older players. For instance, millenials are a lot more likely to enjoy playing 3D slots as opposed to classic fruit slot machines.
GameCo’s VGM is using an algorithm which enables the player’s skill to determine the pay-out, while still retaining the same way of functioning as a slot machine, i.e. it still guarantees a profit for the casino. GameCo are hoping that their VGMs will soon be available in most jurisdictions in the US that have legalised gambling.
The fact that the company signed a deal with MGM and is now authorised to develop a new MGM based on the hit series Vikings and another one based on the iconic Western film Hang ‘Em High, just shows how serious their efforts are. So far, GameCo has developed 3 VGMs – Danger Arena, Nothing But Net and Pharaoh’s Secret Temple.