SUZOHAPP announced today that it has completed the acquisition of the primary currency and cashless product lines of Coinco, a world leader in the design and manufacturing of payment solutions for the Vending industry, based in St. Louis, Missouri.
Founded in 1958, Coinco led the way in product development, providing the market with a wide range of value-added payment solutions, including its well recognized coin changers, bill acceptors, card readers and cashless technology. Some important new offerings will be added to the SUZOHAPP portfolio, such as the Vantage VR6 note recycler and the iris line of cashless systems.
The strength of the Coinco brand has led to significant success in the U.S. market. SUZOHAPP hopes to recreate that success in the international markets by leveraging its significant resources and global footprint, especially in Europe, where SUZOHAPP has a thriving Vending business.
Service in N. America of the entire Coinco product line will continue to be provided by the existing Coinco service network, which will continue to be operated by Coin Acceptors Inc.
Popular industry figure, Paul Smith has set up a new company to supply electronic repairs, “must have” spares, pool/snooker cloth and accessories or new and refurbished change machines.
Paul is joined in the new venture by former colleague Nick Holmes and Steve Brown who together provide over 50 years of industry experience.
The Service Centre is fundamentally an Electronic repair hub focussing within Gaming, Amusement, Vending and the Security Industries and is based in the historic town of Hertford, just north of London
The Service Centre offers weekly van runs and advance replacement services, along with a 3 month warranty* and the “S.C.Q.” Seal of Approval on all repaired components and machines.
Whether it be electronic repairs, “must have” spares, pool/snooker cloth and accessories or new and re-furbished change machines it is all under one roof.
For more details visit: theservice-centre.co.uk
Owners and backers of the revamped South Parade Pier celebrated this week when the destination was presented with a top award by the National Piers Society (NPS).
The NPS praised the pier, which came close to collapse before it was lovingly restored last year, saying it had been brought “beautifully back from the brink”.
The recognition follows the site’s unveiling last year, following years of hard work to secure its revival after a fire. Tommy Ware Snr, who co-owns the attraction alongside Bobby Pettett Snr, said: ‘We really are over the moon with this award. ‘When we took on the pier about five years ago it was falling apart – if nothing had been done it would likely be in the sea. ‘But it’s back and it’s busy, and if it wasn’t for the team that fixed it up and the people who run it now we wouldn’t be here.’ Tim Wardley, chairman of the NPS, added: ‘The pier has undergone a remarkable transformation and I’m absolutely delighted on behalf of our members at South Parade Pier for earning this award.’
Merkur Gaming was at the recent Irish Gaming Show in Dublin for the second year and now says it can look back on a highly successful product launch.
Following on from the positive response to the market introduction of the Merkurstar at last year’s show, the Merkur parent company Gauselmann Group teamed up with FunFair Amusements as official distributor and within just 12 months had installed over 100 machines in the Irish market.
At this year’s show, Merkur presented the Evostar, which combines the ergonomic aspects and player comfort of a slant top with the typical characteristics of an upright cabinet. The Evostar also has an integrated USB port so players can charge their mobile phone.
Summing up the event, Markus Wessler, sales director, said: “Ireland is a key growth market for Merkur Gaming and even after just a few months we are already making very successful inroads. This has prompted us to increase our presence at the Irish Gaming Show this year, which – if the positive visitor feedback is anything to go by – was the right decision.”
Philip O’Leary, managing director of FunFair Amusements, said: “The partnership with an international group of Gauselmann’s standing means a lot to FunFair Amusements. The past year has already shown that Merkur Gaming’s product portfolio ideally complements our own and has met with keen interest on the Irish market.”
The picture shows Philip (centre) and Stephen O’Leary and Markus Wessler (right).
High-loss sessions on Fixed-odds betting terminals (FOBTs) remain prevalent at low staking levels, and are only practically eradicated with stakes at or below £2, new analysis shows.
In response to the Gambling Commission’s advice to Government that the stake on FOBTs should be ‘below £30’, bacta has explored the link between high loss sessions and lower average stakes.
Based on the Gambling Commission’s session loss data for 2015/6, it has found (relating to B2 only machines):
• When average stakes were below £30, there were still 136,561 sessions in which a consumer lost over £500
• This means over 17% of all high-loss sessions (>£500) were with average stakes at or below £30
• High-losses continue well below the £30 level. When average stakes were between £10.01-£20, there were 40,926 high-loss sessions; at £5.01-£10.00 there were 5,613.
• Only with a stake at or below £2 are these high-loss sessions effectively eliminated, with just 14 instances where the stake average was between 51p and £2.
Bacta members will now be raising much needed funds on behalf of four deserving causes. In addition to the incumbent Rays of Sunshine, the bacta Charitable Trust has agreed to partner the Macmillan/Royal Marsden, Great Ormond Trust Hospital and the Teenage Cancer Trust. The three additional charities were selected by the Trustees following nominations made by Bacta members.
A new policy governing the granting of amusement arcade permits in the Northern Irish city of Derry has come under scrutiny after a judge overturned a council decision to refuse a permit for a location there.
News website Derry Now reported that an application to open an amusement arcade lodged by Oasis Retail Services had been refused but subsequently reversed in the court of appeal in June 2017.
A meeting of local councillors saw a drafted new policy on amusement permits presented, which the council hoped would benefit future applications and decisions.
It features criteria such as suitability of location, impact on retail vitality, proximity to residential use and the proximity to schools, youth centres and residential institutions.
The councillors agreed to approve the commencement of a public consultation exercise with key stakeholders on the draft Amusement Permit Policy.
by Dan Snook
At the start of the fairground season, The Gambling Commission is reminding fairground operators that they must follow the rules for buying, maintaining and operating gaming machines.
Key points to remember are:
- Low-stake (category D) fruit machines can be made available at fairgrounds along with coin pushers and crane grab machines
- Higher stake gaming machines (category B and C), like those typically played in arcades and pubs, are not permitted
- Fairground operators must source all their machines from Gambling Commission licensed suppliers
- All employees working with gaming machines must be at least 18 years old.
An easy to print quick guide to the rules for fairgrounds is available on our website, as well as details of the stakes and prizes for category D machines.
Bacta joined forces with a broad range of stakeholders and individuals including the Church of England, The Royal Society for Public Health, numerous local authorities, gambling addicts, reformed addicts and representatives from both the House of Lords and the House of Commons in an unequivocal show of support for a reduction in the maximum FOBT stake to £2.
The All Party Parliamentary Group Impact Event, which was attended by bacta National President Gabi Stergides, Chief Executive John White and a delegation of bacta members, drew on the findings of the influential Centre for Economics and Business Research (CEBR), whose key findings demonstrate the impact of a maximum £2 FOBT stake to be up to 47 percent lower than that suggested by the Government’s initial impact assessment.
Reflecting on last week’s event, which was organised by Carolyn Harris MP (Swansea East) and held in the Palace of Westminster, John White said: “This was a powerful rallying call which brought together otherwise quite diverse groups united in their support for a maximum £2 stake. The event not only demonstrated the breadth of the support but also the intensity of that feeling. The government could not help but to have been moved by the passion of speaker after speaker advocating the necessity of the £2 maximum stake. On the basis of the evidence it is unconscionable to argue for any higher figure. The CEBR findings have served as an impressive counter point to that quoted by the government, which failed to take into account any aspect of income redistribution arising from such a reduction or the costs of addressing the very significant social problems caused by FOBTs.”
Showboat, one of the most established amusement arcades in Great Yarmouth has gone on sale. The arcade on the promenade, Marine Parade, has been trading for more than 40 years. Owners Derek and Carol Ann Smedley bought the business nine years ago and are retiring, albeit reluctantly.
Mr Smedley told local press: “We’re sad to go but the time has come for retirement and hopefully somebody can take it on and keep it going. We’ve really enjoyed it.”During their ownership, the arcade has undergone continual renovations and only recently a £24,000 pusher has been installed.
Mr Smedley said: “We’ve got cranes, fruit machines, pool tables, air hockey, kiddy rides and the pushers, which take colossal money, they do very well. There are all sorts to please all. We’ve spent a lot of money on the arcade renovating it, including having double glazed bifold windows put in.”
Above the arcade is a large three bedroom flat, described as a “tip” when the couple inherited it, however, this too has been fully refurbished.
The Showboat is available on a freehold basis and the £575,000 asking price includes the three bedroom flat above the arcade.
Intelligent Business Transfer are marketing the business. For more information, or to put in an offer call the agents on 0800 612 7718 or email firstname.lastname@example.org