GameCo, Corporation., a pioneering new company poised to unite skill-based game with real-money casino floor gaming, has produced the world?s first gaming gambling machines (VGM?) in order to bring a brand new generation of players to land-based casinos.
Much like electronic poker or blackjack but featuring popular video game titles, GameCo?s proprietary arcade-style cabinets use a patent-pending system that balances player skill with proprietary game design to provide single player games, while keeping exactly the same house return to players as traditional slots.
?Attracting millennials to the casino floor is the most critical issue facing gaming destinations today and GameCo is delivering the solution casinos need to engage this key audience,? remarked Blaine Graboyes, GameCo co-founder and chief executive officer (CEO). ?Our skill-based VGMs are the natural evolution of the slot machine. We have created a truly state-of-the-art experience that speaks directly to the nearly 93 million adult Americans that play video games.?
Having its patent-pending formula and unique game design, GameCo is dealing with leading game designers and marketers to evolve popular video game titles for casino gaming all while meeting regulating needs. The organization will offer players a multitude of action encounters with genres and styles from core to casual including from sports, racing, and fighting games, to first person shooter, puzzle, hidden objects, and match 3 games.
?GameCo has developed a product that not only appeals to a younger generation but that also provides an engaging and dynamic entertainment experience,? said Seth Schorr, CEO of Fifth Street Gaming. ?With this new product, casinos have an opportunity to build a new revenue stream by creating a real life gaming space for a new demographic of gamers.?
Working alongside compliance testing agencies, for example Gaming Laboratories Worldwide (GLI) as well as other state gaming regulators, GameCo takes all necessary steps to make sure that its VGMs accommodate all gambling rules. The organization is presently building full compliance prototypes included in the regulating approval process and needs to start area tests at the begining of 2016.
GameCo features a world-class team with unrivaled experience in game design, slot design, technology, live events, esports, iGaming, finance, and marketing. Members of the executive team include CEO Blaine Graboyes, an award-winning executive producer and game designer; Chief Operations Officer and co-founder Cinnamon Booth, a brand experience and live event expert; Chairman Robert Montgomery, a media, communications, and technology investor and advisor; and Nick Weil, Director, Strategy and Business Development, most recently Manager of Corporate Strategy at Scientific Games..
Lately, GameCo completed the very first stage of the $3.25 million fundraiser campaign, acquiring investments from a number of prominent technology, finance, and gaming companies and professionals including New York Angels, Steel Partners, Seth Schorr, Scott London, Berylian Capital, OCP Capital, and Jonathan Adashek.