LOS ANGELES, CALIFORNIA July 20, 2015 – Diamond Game Enterprises (“Diamond Game”, the “Company”), today announced that it has received a manufacturer license and approval from the New Hampshire Racing and Charitable Gaming Commission to deploy its LT-3 ticket dispenser (“LT-3”) in the state of New Hampshire (the “State”) in approved charitable locations. Diamond Game expects to deploy the machines through licensed distributors in the State and is currently in negotiations with a select list of potential partners.
“With New Hampshire’s approval, our LT-3 dispensers are now approved for use in five U.S. States and two Canadian provinces,” said Richard Weil, Chairman and CEO of Diamond Game’s parent company, INNOVA Gaming Group Inc. “In the coming weeks, we expect to choose distribution partners and look forward to demonstrating the unique benefits that the LT-3 can provide to regulated operators in the State. We are pleased with the number of LT-3 deployments achieved so far this year and, as of today, we have 1,698 LT-3 dispensers installed network-wide.”
Diamond Game designs, produces, and services games, gaming systems, and tickets for the public gaming, Native American, and charity markets. Diamond Game continuously develops new and thrilling gaming experiences to meet the needs of a variety of gaming markets. Diamond Game maintains its corporate headquarters in Los Angeles, California and service facilities in Hamilton, ON, and Jefferson City, MO. Diamond Game is a wholly-owned subsidiary of INNOVA Gaming Group Inc. (TSX: IGG). Learn more about Diamond Game at www.diamondgame.com.
Certain statements included herein, including those that express management’s expectations or estimates of our future performance or future events, including with respect to the deployment of Dispensers and the creation of higher sales volumes and ongoing revenue, constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic, regulatory and competitive uncertainties and contingencies that could cause actual results or events to differ materially from those expressed or implied in such statements. Investors are cautioned not to put undue reliance on forward-looking statements. The forward-looking statements contained herein reflect INNOVA’s current views with respect to future events, and except as required by law, INNOVA does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events, or otherwise.
For further information, please contact:
Jonathan Ross, CFA
LodeRock Advisors, INNOVA Investor Relations
Tel: (647) 479-6175