Leisure Time eyes ‘next level’

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Atlanta-based Leisure Time Casinos & Resorts, Inc.
recently emerged from Chapter 11 bankruptcy protection, and is now poised to
grow its business that saw flashes of success in the mid-1990s.

“We have a proven
product line on which to build,” Andre Hilliou, Leisure Time 
president and CEO told GamingToday. “Our technology is as
good as anyone’s, and that will become apparent as we move into new gaming
venues.”

Leisure Time develops, ­­manufactures, and sells video
gaming machines. The company’s Pot O Gold video gaming machine features
poker, blackjack, keno, slots, and bingo. The cutting edge machines feature all
coinless, ticket-in technology and many other advanced design features.

Hilliou said Pot O Gold has been well-received in venues
where it has been tested, including New York and California.

He said the game is slated for testing in Nevada, New
Jersey and other jurisdictions over the next few months.

“As a smaller company, we can easily expand the envelope,
and take our cutting edge technology two steps forward,” Hilliou said. “We
plan to enter lots of new markets over the next five to six months.”

Hilliou is credited with leading the company out of Chapter
11. He was appointed President and CEO of Leisure Time last fall, and brought
over 20 years of experience in the gaming industry to ­­Leisure Time.

Formerly called U.S. Games and Leisure Time Technology, the
company started as a major supplier to the Native American gaming market, ran a
series of casino cruise ships, had a hotel division, gaming routes and was
especially active in the South Carolina video poker market. When the latter
dried up, U.S. Games lost a major segment of its customer base.

Leisure Time has always fared well in tribal gaming
markets, and that continues today. Harrah’s Cherokee, for instance, has 2,300
games, more than 800 of which were supplied by Leisure Time.

Since Hilliou has taken
the helm of Leisure Time, he has assembled an impressive management team and has
vowed to continue to expand the business.

From 1998 through 1999 Hilliou served as CEO of American
Bingo and Gaming located in South Carolina, and from 1996 through 1997 he was
CEO of Aristocrat, Inc. of Reno. From 1986 until 1996 Mr. Hilliou was employed
with Showboat, Inc. of Las Vegas, achieving the position of CEO of Showboat
Australia in 1994.

Upon his appointment to CEO, Hilliou stated, “I look
forward to the opportunity to move Leisure Time into a position of leadership
and strength within the regulated gaming market as well as adding value for our
creditors. We will immediately begin actively seeking licenses in several key
markets where we believe our current array of games can find immediate market
acceptance. We plan on introducing our superior products in new markets as well
as developing new games which should help Leisure Time obtain a significantly
larger share of the regulated markets.”

In addition to its Pot O Gold line of video gaming
products, Leisure Time develops, manufactures and sells multi-game, touchscreen
video gaming machines and software upgrades. Leisure Time also generates
recurring revenue via its recent entrance into the video pulltab market.

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