Acres-Fiore Inc., an innovator in the development of recreational
gambling content, today announced a strategic partnership with Bally
Technologies, Inc. (NYSE: BYI). The partnership calls for Bally to make
an equity investment of $6 million in Acres-Fiore under certain
circumstances and provides Bally exclusive use of Acres-Fiore designs
for a minimum of three years. During this period, Acres-Fiore will
develop its concepts using Bally products, test the designs on casino
floors around the world, and license resulting successful products back
to Bally for production and sale in return for recurring royalties.
Over the past year, Acre-Fiore has written over 30 patent applications
centered on a new technology called Personalized Gaming™,
which automatically adapts the behavior of gaming machines to the
physiographic profile of each player. “Players
are individuals, and respond best to an individually customized gaming
experience. No longer must players wander the casino in search of a
suitable game. When a player sits down at a game built with Personalized
Gaming technology, its characteristics automatically adapt to that
specific player’s personality,”
said John Acres, Chief Executive Officer of Acres-Fiore.
Acres added, “Each game behaves differently
for each player. Personalized Gaming technology revolutionizes the
casino floor by delivering heightened emotional gratification to players
while simultaneously increasing play volume and profits for casinos.
This requires a truly advanced and extensible platform on which to run.
Bally’s Alpha Game Platform®,
combined with its Networked Floor of the Future™,
is the first platform powerful enough to deliver the promise of
Personalized Gaming. Just as importantly, Bally’s
organization possesses open-minded foresight and demonstrated
accomplishment. I’m amazed at how much Bally
has advanced over the past three years. We’re
thrilled to have Bally as a partner.”
Richard Fiore, Chief Creative Officer of Acres-Fiore, said, “As
a creative designer, I’m impressed by the
speed with which the Alpha platform can be programmed to deliver
high-quality content to players. This lets me immediately deliver great
standalone games to the industry while also building the long-term
foundation on which Personalized Gaming technology rests. Bally has
proven its commitment to innovation even when it comes from outside
partners such as Acres-Fiore.