SHFL entertainment Advances Interactive Initiatives: Hires Industry
Pro Nick Gabriel to Oversee its New Gibraltar Office
LAS VEGAS, Nov. 20, 2012 /PRNewswire/ -- SHFL
entertainment, Inc. (NASDAQ Global Select Market: SHFL) ("SHFL" or
the "Company") announced today that it hired iGaming expert
Nick Gabriel to oversee online
operations at its newly established Gibraltar hub. The Company also announced its
Gibraltar subsidiary has received
a Remote Gambling License from the Government of Gibraltar
Licensing Authority.
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"Our investments in our interactive division support our goal of
establishing SHFL as a leading go-to supplier of online and mobile
casino gaming products, leveraging our relationships and
replicating our success with our land-based business," said
Gavin Isaacs, SHFL's Chief Executive
Officer. "Our leading-edge technology and growing portfolio
of compelling content, coupled with the recent addition of
Nick Gabriel to our team, moves us
one step closer to that goal."
As Head of Online Gaming for SHFL, Gabriel is based in SHFL's
new Gibraltar offices, where he
will oversee the Company's provision of its iGaming
business-to-business (B2B) operations throughout Europe. Over
the course of the next twelve months, SHFL intends for this office
to continue to grow as the home base of its expanding Gibraltar-based iGaming sales, compliance and
operations teams. Remote gaming servers that deploy SHFL's
elastic cloud have been set up at the Gibraltar office to serve the Company's
proprietary casino games - including Three Card Poker,
Ultimate Texas Hold 'Em, and Casino War - to its B2B
partners.
Gabriel is a renowned iGaming professional with over 12 years of
experience in building, operating and selling online casino, poker
and social gaming systems. He previously served as President of
Duelring Ltd., an online player-to-player social gaming
platform. Prior to Duelring, Gabriel was the Head of
Development and Product Strategy for Mansion, an Internet gaming
operator. Earlier in his career, Gabriel lived in southern
California and held Chief
Technology Officer and Chief Financial Officer roles with a variety
of gaming software, Internet and entertainment firms.
About SHFL entertainment, Inc.
SHFL
entertainment, Inc. is a leading global gaming supplier committed
to making gaming more fun for players and more profitable for
operators through product innovation, and superior quality and
service. The Company operates in legalized gaming markets across
the globe and provides state-of-the-art, value-add products in five
distinct categories: Utility products, which include automatic card
shufflers and roulette chip sorters; Proprietary Table Games, which
includes live games, side bets and progressives; Electronic Table
Systems, which include various e-Table game platforms; Electronic
Gaming Machines, which include video slot machines; and newly
introduced iGaming, which features online versions of SHFL
entertainment's table games, social gaming, and mobile
applications. The Company is included in the S&P Smallcap 600
Index. Information about the Company and its products can be found
on the Internet at www.shfl.com, or on Facebook, Twitter and
YouTube.
Forward Looking Statements
This release
contains forward-looking statements within the "safe harbor"
provisions of the Private Securities Litigation Reform Act of 1995.
All statements included in this release other than statements that
are purely historical are forward-looking statements.
Forward-looking statements in this press release include, without
limitation: our strategy and ability for innovation and
exploitation of our technology, brands, and intellectual property
across all of our product lines, including our SHFL Interactive
content; our expectation that our products will perform as they are
designed to do and to and will meet our profitability, performance
and innovation expectations; our belief that the requirements of
our privileged licenses will not be changed, altered or revoked in
a manner that would impact our ability to conduct our business or
market our products as currently conducted or as we anticipate
doing so; and our expectation to continue to grow our operations in
our Gibraltar office as we
currently intend. Our beliefs, expectations, forecasts, objectives,
anticipations, intentions and strategies regarding the future,
including without limitation those concerning expected operating
results, revenues and earnings are not guarantees of future
performance and are subject to risks and uncertainties that could
cause actual results to differ materially from results contemplated
by the forward-looking statements, including but not limited to:
our unanticipated inability to accomplish our innovation objectives
or our inability to accurately gauge the commercial appeal of our
products; unexpected changes in the market and economic conditions
and reduced demand for or increased competition with SHFL
entertainment's products; unanticipated changes in the laws, rules
or regulations governing gaming and iGaming and the regulation of
gaming in all markets.
SOURCE SHFL entertainment, Inc.