JCM Global Preferred in Spain

JCM Global has been named the preferred supplier to three Spanish casinos, which have named the iVIZION product their preferred bill validator.

Cash-handling equipment supplier JCM Global announced that it has been named the preferred supplier to Casino Costa Meloneras, Casino Gran Canaria, and Casino Antigua in Spain.

Additionally, all three casinos named JCM’s award-winning bill validator iVIZION as their preferred bill acceptor. This is the latest in a string of wins this year for JCM in Spain, where JCM’s iVIZION now protects hundreds of slot games throughout the country.

This latest deal was struck after a 12-week live test of iVIZION on the casino floor at each of the three casinos. Previously, the casinos used JCM’s WBA and UBA products, along with other competitive products. After the successful test, each casino is exclusively using iVIZION.

“We have been using JCM bill validation products for many years, and we have always been impressed with the product quality and service,” said Manuel Martin, general manager for Casino Costa Meloneras, Casino Gran Canaria and Casino Antigua. “As we tested iVIZION on our casino floors, we realized how far bill validation products have evolved, and the high quality, combined with service and support were exceptional.”

JCM EMEA General Manager Payam Zadeh added, “We are very pleased to have been named the preferred supplier to these three exciting casinos. Operators throughout Spain, across Europe, and around the world are seeing for themselves that iVIZION is clearly the best bill validator on the market today. Its combination of speed, accuracy, security, and an unrivaled 99-plus percent acceptance rate make iVIZION a clear winner in any head-to-head competition with any other bill validator.”

JCM Global, meanwhile, reported that net sales in its gaming segment amounted to JPY7.8 billion (US$63.8 million) in the three months ended September 30, up by 24 percent year-on-year.

The company reported group wide net sales of JPY14.5 billion in its fiscal second quarter, up by 8.8 percent year-on-year. The increase was “driven by the contribution of the printer business,” the firm said in an English-language filing this week.

The firm said revenue was boosted by “added sales of printers for gaming despite the decline of sales of existing bill validator units.” In September 2014, JCM completed the acquisition of FutureLogic Inc. in a deal worth US$70.6 million, excluding advisory fees. In August this year, the firm said it was selling its 49 percent stake in printer supplier Nanoptix Inc.

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