Casino Press Releases
CAESARS PALACE FIRST TO INTRODUCE KONAMI SLOTS ON LAS VEGAS STRIP
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- Parent Category: Casino Press Releases
- Category: Caesars Palace Press Releases
LAS VEGAS - Caesars Palace unveiled its new Money In The Bank slot machines today, making the famed casino the first on the Las Vegas Strip to introduce Konami Gaming, Inc. products.
Konami Gaming, Inc. (KGI) is a newly established Nevada subsidiary of Konami Corp. of Japan, the international amusement-game industry giant, perhaps best known for consumer software products such as Game Boy®, Nintendo-64TM, Dreamcast TM and Sony's Play Station®. Beginning their foray into the slot manufacturing industry in Australia in 1998, Konami Australia has secured 20% of the slot market Down Under, according to media reports.
"Konami produces some of the most innovative and entertaining slot games we've seen," said Charlie Lombardo, senior vice president slot operations for Caesars Palace. "We are delighted to be the first property on the Strip with Konami games on our casino floor."
Konami, which means "small wave" in Japanese, is poised to roll out an extensive American product line over the next several months. Their first machine, Money In The Bank, is a classic video slot machine themed on everyone's favorite images: gold bars, cash and coins. The nine-line game provides excellent entertainment and multiple feature wins that include 10 free games and a second chance hold and spin. The KGI platform uses Power PC-based EPROM technology for game functions and a separate CD-ROM-based processor for graphics and sound.
Caesars Palace has 10 of the KGI Money In The Bank machines installed and ready for public play near its Neros restaurant. Konami Corp. is the first public Japanese company to secure a gaming license in the state of Nevada.
Caesars Palace is a wholly owned subsidiary of Park Place Entertainment Corporation. Park Place Entertainment Corporation is the world's largest gaming company and owns, manages or has an interest in 28 gaming properties operating under the Caesars, Bally's, Paris, Hilton, Grand and Flamingo brand names, with a total of 2 million square feet of gaming space, more than 28,000 hotel rooms and 57,000 employees worldwide.