Incredible Technologies (IT) announces distribution agreement, license wins
Incredible Technologies (IT) and Gaming Capital Group (GCG) have entered into an agreement whereby GCG will distribute IT electronic gaming machines in the Oklahoma tribal gaming market. Nearly 100 IT games have been placed in Oklahoma by GCG since February 2013 and the companies intend to more than double that footprint in 2014.
Elaine Hodgson, president and CEO of Incredible Technologies, believes that the distribution agreement comes at a mutually beneficial time for both companies. “Oklahoma Indian Gaming is a robust gaming market built on relationships between suppliers and tribes,” she said. “Gaming Capital Group is well established and highly respected in this market and we’re proud to be their official partner at this exciting time in our growth as a slot manufacturer.”
Gaming Capital Group prides itself on supplying the best electronic gaming machines to its customers, added Rolen Miller, CEO of Gaming Capital Group. “We are pleased to now include Incredible Technologies’ games as another quality offering in our portfolio of EGMs,” he said.
In other IT news, the company has been granted new gaming licenses that increase their U.S. video slot footprint by two states. Licenses were recently granted by the Colorado Division of Gaming and the Arkansas Racing Commission which brings the Illinois-based video slot manufacturer’s US portfolio to 15 states in which it can sell its popular Class-III gaming machines.
“Our growth continues to be methodical and strategic in nature,” Hodgson said. “We continue to target the markets that we believe best align with our products and demand for our games has been strong in both Colorado and Arkansas. We have the necessary support in place to have a positive rollout in both of these new markets.”