bowman retail
Incredible Technologies, the largest manufacturer
of coin-operated video
games in the United States, announced today that Golden Tee LIVE has now added
credit card payments to an already impressive list of innovations."
According to Steve White
, editor of RePlay Magazine, a leading industry
trade journal, the amusement game industry has run
almost exclusively on coins
paper currency.S. Data of the gaming machine having the highest account
balance would also be provided to all of the gaming machines after each game.retail deck
Kenilworth Holds Annual
Shareholders Meeting
half bowman
, The use of credit cards
for payment of goods and services continues to
grow at a record pace. But in
the coin-operated amusement industry where "cash is king" is more
fact than
cliche, credit cards have made little impact. This included the
reelection of the Company
's existing directors and the addition of Paul
Nusbaum to the Board; the increase in Kenilworth's
authorized common stock to
500,000,000 shares, which required a majority of the outstanding common
shares; and all the other proposals.toys retail
The data processor would have to determine the
tournament
winner.consisting rules
draw optional
played dice
It's the next logical step
for our game and our industry.
Golden Tee LIVE offers
players the largest variety of payment options of
any coin-operated video game: Cash, PPA's (Personal
Player Accounts), gift
cards and now credit cards."
dice hour
"Credit cards will allow Golden
Tee players
to stay longer in locations and play more games.play tournament
The
gaming machine would have to
include a touch screen corresponding to a betting
grid of the game taking place at the remote location
by which wagers can be
placed on the remote game, and a computer that could record account balances
for the gaming machine.can rules
ARLINGTON HEIGHTS, Ill. "Chase Paymentech Solutions is delighted to offer
the latest in
payments technology to Incredible Technologies customers," said Robert
Wechsler
, Executive Vice President, Sales + Service, Chase Paymentech
Solutions., a well-known technology
consulting firm to obtain for Kenilworth a domestic set top box manufacturer
and to seek out digital
satellite and digital cable providers to use the
Kenilworth boxes.buying tournament
"Offering a potential new player
the ability to try out the
game by using their credit or bank card should encourage more first-time
,
impulse plays and, hopefully, result in a growing player base for our
industry.included can
"Thousands of
games of Golden Tee LIVE are played everyday -- with no
cash going into the game."
Abstract
of the Invention:
A Multi-Use Gaming Machine would allow the playing of a game, which would
be
programmed in the gaming machine by its manufacturer, for interactive play
of a game taking place
at a remote location and would require a common video
display and also a touch screen for selecting
the wager and displaying the
results of the game being played by a player at the gaming machine.
optional 54
Credit Card Payments on Golden Tee Games Move Amusement Industry Closer to 'Cashless Coin-Op' Scenario
hour half
Kenilworth's boxes will be able to manage wagering on live
in-progress casino table games and
casino table game tournaments as additions
to the present functions of the boxes.
Patent + Trademark
Office, which he assigned to the Company, for a "Multi-Use
Gaming Machine.consisting played
The invention,
if and when the equipment can be successfully developed, of
which there are no assurances, would
permit Video Lottery Terminals and other
video slot machines to also play along with live in-progress
remote casino
table games, wherever Video Lottery or other slot machines are legally
available
, increasing lottery and other state revenues.
Forward Looking Statement
This press
release my be deemed to contain certain forward-looking
statements with respect to the business,
financial condition, results of
operations of Kenilworth and its subsidiaries which involves numerous
risks
and uncertainties including, but not limited to: our ability to obtain the
necessary working
capital plus additional funds to develop and expand our
proposed business, obtain experienced management
to further the business plans
of Kenilworth, the ability to obtain necessary regulatory approvals
from
various regulatory bodies, economic conditions and other risks described in
the Company's
Annual Report filed on Form 10-K/A for its year ending December
31, 2004 and subsequent reports filed
thereafter.hour played
This is incremental business that can't be
ignored. MINEOLA, N.54 played
"We want to
remove barriers to play," said Larry Hodgson, IT's vice
president of product development., Kenilworth
Systems
Corporation (OTC Pink Sheets: KENS) -- Gino Scotto, CEO of Kenilworth
announced today
that all proposals submitted to the shareholders at the annual
meeting held on September 13, 2005
were duly approved.retail six
"Players have embraced non-cash payments," said
Kniaz.
The Company engaged
Twisted Pear Consulting, Inc.tournament hour
The gaming machine could also be used for tournament
play with a number
of other gaming machines if there was a data processing
manager, a counter that sets a predetermined
number of games for the
tournament and a communication link by which the data processor could obtain
and store the running account balances of all of the gaming machines after
completion of a game
.hour retail
Until now.draw number
"
Chase Paymentech Solutions was chosen by IT to administrate the Golden Tee
LIVE credit card program because of their leadership in financial transaction
processing."
When credit cards are introduced in traditional "cash only" industries,
where small ticket transactions
are most common, merchants typically see a 20%
increase in business.fill number
Last month Herbert Lindo
filed an application for a patent with the U.retail 54
draw half
Now
players are no longer limited to the cash in their
pockets when they play
Golden Tee LIVE. "It shows a savvy business strategy to offer their customers
the
ease of use and convenience that comes with credit card payments.Y.
number 54
A community sponsored library.
-> Show WiseVault's Web Sites Listing For This Topic
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)