Financial Main Page
| IGHRM
Main Page
Disclaimer:
International Guild of Hospitality & Restaurant Managers
Mikohn Gaming Corporation (NasdaqNM:MIKN)
920 Pilot Road
Las Vegas, NV 89119
Phone: (702) 896-3890
Fax: (702) 896-2461
Email: sharon.walters@mikohn.com
Employees (last reported count): 655
Mikohn
Gaming Corporation, incorporated in 1986, has worldwide operations concentrated
in two principal business segments: gaming operations and product sales. The
Company's gaming operations segment includes proprietary branded and unbranded
slot machines and table games, including its Yahtzee, Battleship and Ripley's
Believe It or Not! series of slot machines, and its Caribbean Stud table game.
Mikohn's product sales segment includes signage, progressive jackpot systems and
player tracking and accounting systems for slot machines and table games.
Gaming Operations Segment
The Company's slot operations include such products as its Yahtzee, Battleship,
Ripley's Believe It or Not! and MoneyTime slot machines. Under an exclusive
license from Hasbro, Inc., Mikohn developed a series of casino slot games based
on Yahtzee, a dice game. In 2000, the Company introduced a slot game based on
Battleship, another game that it also licenses from Hasbro, Inc. In the second
quarter of 2001, Mikohn launched its Ripley's Believe It or Not! Adventures in
Trivia video slot game as a trivia-based slot game. This five-reel, nine-line,
90-coin maximum-bet game, the first within the Company's Think Big series,
incorporates scores of human-interest questions. Players win based on the
accuracy of their responses. MoneyTime, developed in 1997, is a slot game that
uses bonusing to initiate, extend and increase play. Typically, 40 slot machines
are configured in a carousel with extensive overhead thematic signage
manufactured by the Company promoting the MoneyTime game.
Mikohn introduces table games featuring licensed board game brands through its
exclusive license agreements with Hasbro, Inc. The Company licensed the Monopoly
brand name for table games from Hasbro, Inc., and it introduced poker and
blackjack table games featuring elements from the Monopoly board game. Mikohn
also licensed the Clue and Yahtzee brands from Hasbro, Inc for use on table
games. Caribbean Stud is a proprietary table game. As of
In the Gaming Operations segment, the Company's major competitors are Alliance
Gaming, Aristocrat, Atronic, International Game Technology, Sigma Game, Konami
Gaming Corp. and WMS Industries.
Product Sales Segment
Mikohn has been marketing gaming products around the world since 1987. The
Company's gaming products are found in almost every major gaming jurisdiction
and include interior casino signage; exterior signage; electronic components
used in progressive jackpot systems; player tracking and information gathering,
and control systems and special order, oversized and other slot machines for
sale.
The Company designs and manufactures interior signage and displays that are
marketed and sold either as stand-alone signs or in combination with progressive
jackpot systems. Mikohn also designs, manufactures, installs and maintains
exterior signage. These projects can vary from themed directional signage to
multi-story, double-faced pylon signage, such as the two exterior signs at the
Bellagio in
Mikohn's progressive jackpot and bonusing systems typically are comprised of
three components: controllers, a color display of light emitting diode (LEDs)
and software. The Company's proprietary controllers are designed to be
compatible with the gaming equipment made by the major slot machine
manufacturers, including Aristocrat, Atronic, Alliance Gaming, Novomatic
Industries, Sigma Game, Universal de Desarrollos Electroonicos,
The Company manufactures displays in a wide variety of sizes and designs to
accommodate the technical, aesthetic and price requirements of its casino
customers. Mikohn produces alphanumeric and graphic electronic displays for use
in real-time applications with all major brands and models of slot machines. The
Company's displays primarily use LEDs that can be turned on and off
approximately 100 times per second, and can be programmed to display information
in a wide variety of formats, including flashing, panning from side-to-side,
odometer, pulsating, scrolling up or down, painting (each character is formed
from the top down), morphing and dancing colors (each character alternates
color).
Mikohn designs application software for use in connection with its progressive
jackpot systems. The Company's SuperLink software package supplies a
comprehensive, multi-faceted system for managing a progressive jackpot network
from a central location.
The Company's Bonus Jackpot provides a random cash bonus along with the normal
payout for a winning combination. Mikohn's Mystery Jackpot is a progressive
system that randomly rewards patrons according to a fixed-pay schedule. The
bonus is triggered when the mystery (hidden) jackpot reaches a random level
within a specified range.
Mikohn also supplies a number of accessory products that allow the casino
customer to operate a wider variety of progressive games, provide promotional
messages, animated and graphic displays and generate additional statistical and
operating information from the slot machines linked to progressive jackpot
systems. Available accessories also include devices to boost electrical outputs
to a large number of displays, cable and fiber-optic connectors, devices to
trigger visual or aural signals when a progressive jackpot is hit and circuitry
for the display of progressive jackpot amounts on the screens of video slot
machines.
The Company's CasinoLink system is an integrated management system for the
gaming enterprise. Operating on a Microsoft Windows NT 2000 SQL Server platform,
CasinoLink provides its users with robust, highly scalable applications for
accounting and auditing, administration and security, jackpot management and
player marketing. CasinoLink is exceptionally well suited to fulfill the
requirements of large, geographically dispersed casino operators that require
multi-site capability.
Mikohn also develops and markets automated data collection systems for player
tracking and accounting for table games. These products include the Company's
patented TableLink technology. In 1995, the Company acquired the worldwide
rights to develop, manufacture, market and distribute the technology
incorporated in its TableLink system, a player tracking and data collection
system for table games. This system enables the casino to recognize and reward
players, and enhances game security.
The Company holds an exclusive license from International Game Technology to
manufacture and distribute oversized and giant slot machines, Mini-Bertha and
Colossus, respectively. These oversized and giant slot machines come in
electronic video and slot-reel formats, feature many of International Game
Technology's games and can be linked within a casino on a progressive network.
In the product sales segment, Mikohn's primary competitors are AC Coin &
Slot Company, Aristocrat, B&D Signs, DID Signs, Egads and Young Electric
Sign Company
Disclaimer:
The data included within the Financial section is solely for information
and does not construe a recommendation and/or endorsement by IGHRM or its
members to invest funds with any of the companies listed. You are strongly
advised
to obtain professional advice with qualified individuals or corporations for any
investments of funds.
© 1999-2001 International Guild of Hospitality and Restaurant Managers
Inc. All rights reserved.
ighrm@hospitalityguild.com