Last updated on April 23, 2014 at 1:22 EDT

Genesis Gaming Solutions, Inc. and Walker Digital Table Systems Sign Joint Development Agreement

April 30, 2013

Partnering to bring together WDTS’ RFID Perfect Pay Table Network with Genesis’ BRAVO Pit – Card & Chip Detection System

LAS VEGAS, April 30, 2013 /PRNewswire/ — Walker Digital Table Systems, LLC, supplier of RFID enabled baccarat table networks to the Asian gaming market, and Genesis Gaming Solutions, Inc. a leader in table games management and player tracking systems, announced that they have signed an agreement to pursue joint development opportunities.

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With RFID technology licensed from WDTS, Genesis adds exact bet value detection and automated win/loss to its BRAVO Pit – Card & Chip Detection System that tracks all hands dealt for more accurate player reward calculations and easy dealer speed and efficiency evaluation. Genesis’ table-top sensor technology allows WDTS to bring Perfect Pay’s automated and exact player rating and game protection capabilities to games beyond baccarat including blackjack and specialty games.

A WDTS/Genesis joint solution leverages proven technologies to offer casinos a complete table management and rating system that is fast to implement and cost-effective to operate. ROI is driven by accurate table ratings, decreased labor costs, game speed management and the elimination of dealer error in baccarat.

“We’re excited to partner with WDTS,” said Randy Knust, President of Genesis Gaming Solutions. “This relationship gives us access to not only the most sophisticated technology in gaming but also a leadership team that has experience delivering the only proven RFID-enabled table games solution with an established installation base in Asia.”

Stephen Moore, CEO of WDTS, cites Genesis’ track record for successful innovation and their broad and established customer base: “We’re impressed by Genesis Gaming’s suite of smart, efficient technologies that target operators’ critical concerns. Their broad installation base will deliver the power of RFID gaming solutions to casinos across the U.S.”

About Walker Digital Table Systems, LLC

Walker Digital Table Systems innovates and develops products for the Asian gaming market including the RFID-enabled Perfect Pay networked table system. Perfect Pay is capable of tracking hand outcomes, wagers, payouts and player ratings in real time while delivering the player’s preferred live gaming experience featuring physical chips, physical cards and a dealer. With Perfect Pay, casinos can dramatically increase game security and dealer accuracy while minimizing losses from human error, collusion and theft. Other products include Elite Baccarat’s(TM) exciting and profitable bets as well as mobile and multi-person gaming solutions. Through PJM Gaming, a wholly-owned subsidiary, WDTS is the exclusive source for casino products and solutions including gaming chips, tag readers and gaming tables that leverage Magellan’s PJM or “Phase Jitter Modulation” technology. PJM is established as the only RFID protocol capable of meeting the high-volume, dynamic requirements of the challenging casino environment. WDTS is part of Walker Digital LLC, a privately held research and development lab based in Stamford, CT. The firm is headed by U.S. inventor and entrepreneur Jay Walker, best known as the founder of priceline.com. TIME magazine has twice named Mr. Walker “one of the top 50 business leaders of the digital age.” Visit wdtablesystems.com for more information or email contact@wdtablesystems.com.

About Genesis Gaming Solutions

Genesis Gaming Solutions, Inc. is a leader in hardware and software solutions for casino pit and poker room management. The company’s BRAVO product line includes BRAVO Pit, a complete table game management and player tracking system; BRAVO Poker, the most robust poker room management system available; and BRAVO Poker Live, the company’s new mobile app that allows players to access up-to-the-minute live play, tournament, and promotional activity at all participating poker rooms. For more information, visit http://www.genesisgaming.com.

SOURCE Genesis Gaming Solutions, Inc.; Walker Digital Table Systems, LLC

Source: PR Newswire