eBet stretches to Latin Americaimage13 February 2007Australian...

eBet stretches to Latin America
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13 February 2007

Australian company eBet, which develops and markets a range of networked solutions for gaming machines and recently acquired Octavian International of the UK, has entered a new segment of the gaming market via an exclusive distribution agreement for the Latin American market with Octavian.

The agreement is for the production, sale and placement of Maverick 1000 game kits and has pre-sales commitments of over $10m. The Maverick delivers the latest in gaming technology, is substantially less expensive than existing machines and little more than the cost of a pre-owned machine. It achieves the price advantage through an innovative flat-pack design that enables for local assembly, which significantly lowers import tariffs payable.

Easily upgradeable to allow customers to achieve maximum returns for years to come, the Maverick 1000 establishes a path for server-based gaming and is also suitable for VLT, AWP and bingo markets. Existing customers in over 30 countries will be able to access Octavian’s extensive suite of downloadable games and wide-area jackpots that have already proven popular in many European jurisdictions.