Paraguay Gaming Revenues Going Up in the First Two Months of 2018 [...]
GameCo Creates First Skill Based Video Game for Casino Floors
- September 30, 2015 By Oliver Young -
GameCo Inc., a skill based video game developer, officially announced that it created the first skill based video game gambling machine in the world. The machine should appear at land based casinos in the near future. The main reason for the creation of this innovative casino game is to catch the eyes of the new generation gamblers and invite them to the casino floors.
According to GameCo, the skill based video game gambling machine has brand new proprietary arcade-style cabinets. These cabinets are similar to electronic blackjack and poker, but instead feature well known video games.
About three weeks ago, the company promised to launch a new type of casino-style gaming machine designed to appeal to the new generation of casino fans that are seeking more game variety and skill based action in casino games. GameCo lived up to its promise and it showcased the games this week at the G2E show in Las Vegas.
About the VGM Games
The VGM machines feature a patent-pending system which balances the skills of players with unique proprietary game design in order to deliver one-player games. They also have more or less the same Return to Player as traditional slot games. The company also said that it is collaborating with other developers that want to adapt well known video games for casino floors.
“Attracting young players to casinos is one of the most important issues that gaming destinations face today and we bring forth the solution brick and mortar casinos need to engage this type of players,” said the co-founder and chief executive officer at GameCo, Blaine Graboyes. “Our skill based video games that accept real money wagers are the natural evolution to the traditional slot machines. They offer truly state of the art experience to more than 93 million adult players in America that love playing video games,” he added.
Using the patent-pending algorithm and proprietary game design, the company is also working with leading video game developers that want to adapt popular video games for land based casino gaming that will also be in compliance with gambling requirements. GameCo will soon offer other similar games with various genres and themes ranging from racing, sports and boxing to shooting targets, puzzle style games and searching for hidden objects.
In Compliance with Gambling Regulations
Since they are designed for casino floors, the skill based video games for real money must meet all gambling regulations. Therefore, GameCo is working next to compliance testing agencies such as GLI and other regulators in order to ensure that VGMs adhere to these regulations. The company is currently working on the full compliance prototypes and hopes to start with field trials at the beginning of next year.
The world class team behind GameCo is comprised of experts that have a vast experience in game and slot design, technology, iGaming, marketing and finance. The company’s CEO is Blaine Graboyes, who is also a producer and game designer. Cinnamon Booth is the co-founder and he is also a live event expert.