Foxwoods, VizExplorer Enter 5-Year Agreement; Strategic Investment and Technology Development Agreement

Foxwoods Resort Casino in Mashantucket, Connecticut has licensed the entire suite of VizExplorer's operational intelligence solutions under a five-year Enterprise License Agreement. Foxwoods will have centralized access to consolidated data from its gaming and non-gaming divisions, leading to improved financial management and business performance reporting. In addition, VizExplorer arranged for additional funding to move its products more quickly

VizExplorer last week announced two significant milestones for the company.

Foxwoods Resort Casino in Mashantucket, Connecticut, North America’s largest resort casino, recently entered into a 5-year agreement with VizExplorer, a provider of operational intelligence solutions to the gaming industry. Foxwoods has licensed VizExplorer’s entire suite of operational intelligence solutions for the gaming industry which will allow it to have centralized access to consolidated data from across the gaming and non-gaming divisions, resulting in enhanced financial management and business performance reporting.

Owned and operated by the Mashantucket Pequot Tribal Nation, Foxwoods will employ floorViz, the company’s slot floor optimization solution, which evaluates slot machine performance as well as player preference data. In addition, Foxwoods will use campaignViz to increase its marketing campaign performance and simplify management.

Other products include hostViz for player development, greetViz for guest service automation and techViz for dispatch and service management. Foxwoods also will be among the first to utilize VizExplorer’s next-generation Ops product line, featuring predictive analysis, advanced automation and reporting to drive slot optimization, player development, marketing and technical operations.

Foxwoods President and Chief Executive Officer Felix Rappaport said, “With VizExplorer, we gain greater transparency into our operations spanning the gaming and non-gaming businesses, and these data-driven insights will lead to better decision-making. VizExplorer’s deep expertise and track record coupled with their solutions for all parts of our business made them the ideal technology partner.”

Foxwoods Vice President of Strategic Marketing Amy Diette added, “Our team at Foxwoods Resort Casino is excited to deploy the current software suite, access comprehensive support and training services and leverage upcoming data driven results and technology from the industry leaders at VizExplorer.

VizExplorer Vice President of Business Development Jeffrey Hoss stated, “This new Enterprise License Agreement is a vote of confidence in our team’s ability to deliver relevant solutions today and in the future. We are committed to implementing as many products as soon as possible and we look forward to a technology partnership that aims to optimize Foxwoods’ revenue.”

Meanwhile, VizExplorer announced that it has closed a strategic investment and technology development agreement with Stanley Black & Decker, a world-leading provider of tools and storage, commercial electronic security and engineered fastening systems.

“We are pleased to partner with VizExplorer to accelerate development of new products for our customers,” said Larry Harper, vice president, Stanley Ventures, the newly formed corporate venture arm of Stanley Black & Decker. “The partnership has great potential to address common operational challenges our customers face on a daily basis.”

The investment and collaboration enhances the joint strategies articulated by VizExplorer and Stanley Black & Decker. Together, the companies will collaborate to develop products that move the industry forward and help businesses gain insight into their day-to-day operations.

“We are excited that Stanley has selected VizExplorer to power the next generation of solutions for its customers” said VizExplorer CTO and founder Andrew Cardno. “This agreement marks our entry into the manufacturing world, where we are eager to leverage our expertise gleaned from the gaming industry.”