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Club Hotel Casino Loutraki in Greece Specifies MEI CASHFLOW® SC

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Reading, UK August, 2010— Club Hotel Casino Loutraki announced that all future slot machine purchases will specify the MEI CASHFLOW SC note validator.   This decision was the result of a successful value-added trial (VAT) of the MEI CASHFLOW SC note validator, through which the casino experienced the industry’s highest acceptance rate and lowest jam rate.  

Casino management decided to carry out an extensive trial of the MEI CASHFLOW SC note validator after hearing the excellent references of casinos around the world. The ability to run a head-to-head trial that yielded comparative data led to the decision.

Mr. Dimitris Gkionis, head slot technician at Club Hotel Casino Loutraki, followed the MEI VAT from the beginning. He and his team noticed the increase in performance that MEI brought to the casino floor. “Experience has shown us that new technology has to prove itself 100% before we can be prepared to embrace it. The MEI CASHFLOW SC VAT illustrated clear benefits – leading us to specify MEI on all future slot purchases,” said Mr. Gkionis.

Slot machine manufacturers have already been informed of the management decision at Club Casino Loutraki. Over 400 of the 1,020 slots of the casino floor are already fitted with MEI. “We expect the MEI share to rise to over 70% in the next two years as major slot purchases follow,” explains Mr. Vangelis Dimou, slot director at Club Hotel Casino Loutraki.

“The note validator is the port of entry for the slot machines and is essential to our success. MEI provided excellent product training and carried out the initial installation very professionally. The note acceptance is the best we have ever seen on a note validator.   It is practically maintenance-free. We did not have any problems or malfunctions. The MEI CASHFLOW SC is a big step forward in note validation technology.”

Mr. Mark Greenawalt, Vice President of Gaming at MEI EMEA, states, “We are truly proud that Club Hotel Casino Loutraki is specifying our CASHFLOW SC note validator on all future slots purchases. This decision carries extreme weight in the global casino environment. We welcome slot managers around the world to leverage this great news from Loutraki and contact us to arrange a CASHFLOW SC VAT.”

About Club Hotel Casino Loutraki: Club Hotel Casino Loutraki is located at the resort of Loutraki in Greece, eighty kilometers from Athens and only four kilometers away from the famous Corinth canal. The casino operates over 1000 slots and an extensive live table area. It is one of the busiest and most successful casinos in the whole of Europe.

About MEI:   MEI systems are relied upon for more than 2 billion transactions per week in over 100 countries.   The company developed the first electronic coin mechanism in the 1960s followed by the first electronic non-contact note validator, and more recently the EASITRAX Soft Count system.   Recently, MEI reached a milestone of selling more than 4 million note validators and five million coin mechanisms worldwide.   Its products are in widespread use in the gaming, vending, soft drink, amusement, transportation, retail, and kiosk markets.   For more information on MEI and its products, visit www.meigroup.com