San Diego, California-based VirtGame Corp., a provider of computerized sports gaming and casino operating systems, was granted a non-restricted gaming license by the Nevada Gaming Commission last week.
The license will allow VirtGame to operate without time limitations in Nevada as a manufacturer and distributor of casino software and operating systems.
Acknowledging it is the "new kid on the block," VirtGame officials vowed to expand their product line, which has already attracted some users in Las Vegas.
"We are excited to have received approval of our gaming manufacturer and distributor license from the Nevada Gaming Commission and are looking forward to expanding our business and product lines," said VirtGame CEO Bruce Merati. "VirtGame has developed a secure and technologically advanced server-based software gaming platform that is based on open technology and can distribute applications such as games of chance, various types of race and sports wagers and instant lottery applications from a central server via secure closed-loop systems or private networks."
Translated into English, VirtGame has developed one of only two sports book operating systems currently approved for use in Nevada.
Dubbed the Prime Line Sports Book, VirtGame’s system is a Windows-based software system that manages risk and provides automated support for sports book managers and ticket writers. In simplest terms, Prime Line is a turn-key, over-the-counter sports book operating system that will compete head-to-head with Vic Salerno’s CBS System, which has a virtual monopoly on Nevada sports books.
Another innovation from VirtGame is its SBX Sports Bet Express system, which places self-contained betting kiosks in bars and taverns.
The SBX system came online earlier this year in several taverns that are among United Coin’s slot route customers. The betting kiosks are set up to process sports bets through Bally’s race and sports book.
The system, which should be expanded to more than two-dozen taverns by the start of the football season, allows customers (who previously registered in person at the sports book) to log onto the sports book and check lines, place bets and otherwise manage their accounts.
Currently on the drawing board is VirtGame’s new slot management system, VirtStation, which allows a large inventory of games to be stored on a central server and then delivered to a hardware platform that can be located remotely on the casino floor.
From the casino’s perspective, the system allows the casino or the player to call up any game from the server. Downloadable games such as these may be about two years away from implementation in Nevada, company officials said.