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  4. Nanotech Entertainment Inc. (NTEK) Message Board

I'm thinking that the increased revenues 4K Studio

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Post# of 96897
Posted On: 10/15/2016 2:45:47 PM
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Posted By: Zattnt
Re: Jaxdawson #68184
I'm thinking that the increased revenues 4K Studios showed on their financials were due to remastering HDR quality content and now with the new servers up and running they are timing it for the holiday season.
I think they may also be timing it with news to come out on NTGL at the same time.
I also recall In the SH Jeff Foley the NTGL share distribution by EOY.

""We also have been working with some new team members at NanoTech Gaming to complete the transaction with them that was started last year. Our goal is to provide the necessary help so that we can issue a dividend before the end of the year, distributing the shares of NTGL currently being held in trust to NTEK shareholders finalizing the separation of the gaming technology and operations from NanoTech Entertainment.""



Gambling first in US, regulators approve skill-based slot machines
Published October 13, 2016
Associated Press
New Jersey gambling regulators have approved a New York firm to become the first in the United States to deploy skill-based slot machines on casino floors in which payout is determined by the player's ability.

The New Jersey Division of Gaming Enforcement gave approval late Wednesday night to GameCo, Inc. to deploy its machines at three Atlantic City casinos owned by Caesars Entertainment. The machines could start being installed as soon as Monday at Harrah's, Caesars or Bally's.

The machines, called VGMs, are expected to undergo several weeks of testing, and are expected to usher in a new era of gambling aimed at attracting young people who grew up playing video games.

"With this approval from the DGE, the VGM is officially the first skill-based video game gambling product approved by any U.S. gaming jurisdiction regulator," said Blaine Graboyes, the company's CEO and co-founder.

The company has been in a race with rival firm Gamblit, which last month announced plans to put similar machines in California and Nevada in October, also at Caesars-owned casinos. Other manufacturers working on similar products include IGT and NanoTech Gaming.

The machines are aimed squarely at millennials and those who like playing games on social media networks or on their phones, and who may be less inclined to play traditional push-button slot machines.


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