Mikohn inks Class 2 deal

Sep 17, 2002 10:27 AM

Mikohn Gaming Corporation has entered into a Manufacturers and Distributors Agreement with Multimedia Games Inc. for some of Mikohn’s branded slot games in the Class II gaming market.

Under the terms of the agreement, Multimedia will have the opportunity to offer up to four branded slot game titles from Mikohn. Yahtzee will be the first game title marketed under the agreement. In addition, the deal provides for Mikohn to be the provider of choice for signage and electronic displays.

Russ McMeekin, president and CEO of Mikohn Gaming, applauded the agreement as beneficial to both parties.

"We are very pleased to have formed this alliance with Multimedia Games," McMeekin said. "Our games have proven popular among casino operators throughout the country and this entry into the Class II market via Multimedia Games is a win/win opportunity for both our companies."

Class 2 gaming is mostly tribal gaming that doesn’t qualify for full-blown, Class 3 casino-style gaming.

Gordon Graves, founder and CEO of Multimedia added; "Mikohn has developed a niche in the knowledge-based and strategy-based game market. Through this agreement we now have the ability to offer our customers their unique games, providing a new and exciting gaming experience to casino customers."

Based in Las Vegas, Mikohn is a diversified supplier to the casino gaming industry worldwide, specializing in the development of innovative products with recurring revenue potential. Mikohn develops, manufactures and markets an expanding array of slot games, table games and advanced player tracking and accounting systems for slot machines and table games. The company is also a leader in visual displays and progressive jackpot technology for casinos.