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twitterFirm signs licensing deal
Tuesday, March 12, 2002 | 9:58 a.m.
Las Vegas-based Coinless Systems Inc. announced it has signed a non-exclusive deal to license a cashless gaming technology to Alliance Gaming Corp.
Coinless Systems will license its "Scan After Print" patented technology to Alliance for use in all of that company's cashless slot machine systems. The Coinless Systems technology is a process for scanning and instantly verifying the validity of bar-code tickets that replace coins in a cashless slot machine. The system can be used either in a ticket reader installed on a slot machine or at the cashier's cage.
Alliance is the parent company of Bally Gaming & Systems, one of the gaming industry's largest slot manufacturers.
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