Software company launches “Vault™” for total casino cash management
Norman, Okl. & Las Vegas, Nev. – November DRAFT 17, 2009 – m3t Technology Solutions, formerly m3t Gaming of Oklahoma, today announced a new branding platform to more broadly reflect its expansion and the debut of its Vault casino cash management system at the ninth annual Global Gaming Expo (G2E) beginning today.
“As the economy shows signs of revival, GMs are making two things a priority: cost savings and the management of idle property cash. The Vault has an analytics dashboard for a complete view of all financial activity from multiple properties. Closely viewing all daily transactions through the Vault can provide up to 20% more funds for strategic casino investment opportunities,” says Kent Bowden, CEO of m3t Technology Solutions.
The history of m3t Technology Solution’s (m3t) innovation began when it introduced the industry’s first SAS/S2S hybrid ticket server in 2001 as m3t Gaming Solutions. Today m3t’s launch of the Vault, a single scalable casino cash management system, gives casino general managers and CFO’s an instant view of multi-property cash positions at any time.
In Washington state, a Class III tribal gaming operator has been testing m3t’s Vault for several months. “The Point is one of more than 400 tribal gaming operations in the country and, like many others, is faring better in this economy than many corporate casinos. m3t’s dominance of the technology market for Native American casinos across the U.S. is a great advantage as it expands across the U.S. and into the corporate market. Vault can significantly enhance operations for any casino property – tribal or corporate,” says Johnny Winokour, assistant GM at The Point Casino in Kingston, Washington.
The m3t Vault provides easily accessible, real-time cash flow figures for all vaults, minibanks, point-of-sale stations, ticket redemption kiosks and automated teller machines. Vault can be applied to a single property or at multiple properties around the globe.
“As a GM, I want to see daily details on balances and audits and have a system that is easy to use by my staff. Our casinos have almost 1,300 machines under management. Seeing financial variances early is important. As the trend in Class III multi-game, multi-denomination machines continues, we think a casino and cash management system like the M3Vault is essential for growth and a wave of the future,” said Mario Hernandez of Bordertown Casino near the Oklahoma and Missouri border.
Speaking on the future of casino management, John McClain, a current m3t system user and Kaw Casino general manager in Kirkland, Oklahoma, says, “m3t Technology Solutions offers a consultative approach to help casinos operate efficiently. The team doesn’t just drop off software. We reduced our costs, minimized idle cash on the floor and maximized profitability by making data readily available for evaluation. This approach is a good way for casinos to operate and enhance the player experience,” said McClain.
About M3 Technology Solutions (m3t)
m3t develops gaming information technology and casino management software systems with roots that helped pioneer slot networking two decades ago in Atlantic City. In addition to the market’s first real-time cash management system in the Vault, other m3t features include hybrid SAS-S2S ticket server technology, integrated slot and table accounting, data mining, marketing campaign management and integrated financial services. m3t is becoming one of the country’s foremost casino resort management systems with operations expanding world-wide through strategic partnerships including IBM and Datatrend. Visit www.m3ts.com
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Contact Kellee Johnson, The Ballast Group, 312-751-3959, kjohnson@ballastgroup.com.
total casino management