Boss Media signs new agreement with Synot Lotto covering continued expansion on the Czech market
After the successful pilot project on the Czech market, Synot Lotto is continuing to broaden its investment in systems for centrally controlled gaming machines.
Accordingly, the pilot project is being carried out as planned with full-scale implementation in the coming year. Some 500 terminals will be installed during 2006, which will result in a total of 700 gaming machines by year-end. The high-technology gaming machine is designed specifically for the Czech market. The centrally controlled slot and casino games are installed in gaming halls and pubs. There are a total of about 45,000 mechanical slot machines in the Czech Republic. Most of these are expected to compete with new on-line terminals in the coming years. Synot has about one third of the total number of such machines on the Czech market. “This is more than just a sign that the pilot project was a success,” says Markus Holm, Vice President of Boss Media. “It is proof that there is continued high demand for Boss Media’s leading IVT (Interactive Video Terminal) system. We provide high cost-efficiency, increased central control and sharply expanded player functions that is adapted to local markets – as a result of which we contribute significantly to strengthening the operator’s business.” “Synot believes that the market in Czech Republic is nearly full when it comes to the older versions of gambling machines and that the future lays with the modern IVT machines. This is confirmed by the result from the recently finished IVT pilot project. The signing of the contract with Boss Media AB emphasizes Synot’s position as one of the market leaders on the Czech market and also confirms Synot’s strategy to lead the future development of the gambling business by bringing new independent gaming solutions to the Czech market, says Petr Mikoška, Synot Lotto a.s.” For further information, please contact: Johan Berg, President and CEO, Boss Media AB (publ), telephone: +46 (0)470 70 30 01 or +46 (0)733 70 30 25, e-mail: johan.berg@bossmedia.se