Place Leads to Adopt
"Ticket-In, Ticket-Out" Slot Technology
VEGAS - Park Place Entertainment Corporation is leading the industry
in rolling out popular "ticket-in, ticket-out" slot technology,
with two of the company's Las Vegas casino resorts soon to be the
first major Strip properties to fully adopt the
Nearly 3,100 of the 3,211 state-of-the-art slot machines at Paris
Las Vegas and Bally's
Las Vegas, located adjacent to each other at the heart of Las
Vegas Boulevard, are operating with "ticket-in, ticket-out"
technology today. Another 100 or so machines are awaiting regulatory
approval before their "ticket-in, ticket-out" features
are activated. Eventually, only a handful of novelty machines at
will lack "ticket-in, ticket-out" capability.
By the end of
the year, Park Place expects to extend its "all ticket-in,
ticket-out" program to Caesars
Palace, with nearly 1,900 slots, and the Flamingo
Las Vegas, with more than 1,700 slots.
"Ticket-in, ticket-out" slot machines
pay out cumulative winnings with bar-coded tickets that customers
can exchange for cash, or insert into other "ticket-in, ticket-out"
machines for additional slot play. If a customer chooses, "ticket-in,
ticket-out" slots also will accept coins.
In every case, Park Place is deploying its unique
configuration of "dual wire, dual bar code" technology
that increases redundancy, efficiency and accuracy across the slot
"Park Place is taking the lead across the gaming
industry in delivering a new technology that is great for customers
and great for our casino resorts," said Park Place President
and Chief Executive Officer Wallace R. Barr.
"Our customers love 'ticket-in, ticket-out'
slots because they eliminate unwanted interruptions in play for
machine refills and attendant-paid jackpots. Customers no longer
have to carry heavy buckets of coins around the casino and they
can carry their winnings from one machine to another in the form
of a slim, bar-coded ticket that fits inside a wallet.
"At the same time, 'ticket-in, ticket-out'
slot technology significantly increases the efficiency of our slot
floors and allows our slot attendants to spend more time helping
customers instead of carting around coins," Barr added.
Park Place is
moving quickly to install "ticket-in, ticket-out" machines
at its properties throughout the United States. By July 1, for example,
Park Place's three properties in Atlantic City will have installed
and activated approximately 7,100 "ticket-in, ticket-out"
slots, representing nearly two-thirds of the company's slot product
in Atlantic City.
At the end of
2003, Park Place anticipates that it will have installed and activated
22,000 "ticket-in, ticket-out" slots at its 18 domestic
casinos, representing nearly 60 percent of the company's total slot
product. Nevada will have more than 8,300
ticket-out" machines, Indiana, Mississippi and Louisiana together
will have 5,700 and New Jersey will have more than 8,000.
indicates that the vast majority of slot players prefer the 'ticket-in,
ticket-out' technology," said Ken Geiger, senior vice president
of slot operations for Bally's
Las Vegas. "But our machines easily accommodate those players
who still want to drop coins into the slot. It's a win-win-win,
no matter how you look at it."
"ticket-in, ticket-out" technology employed at Park Place
casino resorts is built around the "EZ Pay(TM)" platform
created by International Game Technology. Park Place has enhanced
the "EZ Pay(TM)" platform's capabilities by adding its
own unique use of the "dual wire, dual bar code" system.
That system allows "ticket-in, ticket-out" slot machines
to communicate electronically with both the "EZ Pay(TM)"
software program and the casino's own slot management system.
Park Place Entertainment
Corporation owns, manages or has an interest in 27 gaming properties
operating under the Caesars, Bally's, Flamingo, Grand Casinos, Hilton
and Paris brand names with a total of two million square feet of
gaming space, 29,000 hotel rooms and 54,000