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Casino Giant MGM Mirage to Change Most Slots to Cashless Models.
Knight Ridder/Tribune Business News, October, 2002
By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Oct. 21--MGM Mirage and slot powerhouse International Game Technology have reached an $85 million deal that would see the nation's most profitable casino operator convert almost all of its existing slots to IGT's EZ Pay ticket-in, ticket-out system.
In a deal to be announced this morning, MGM Mirage plans to install IGT's EZ Pay system in nine of its largest casinos, a commitment that includes the purchase of 7,000 new slot machines and the retrofitting of 11,000 more devices with the EZ Pay ticket-reading hardware.
Installation of the new machines and retrofits is under way and expected to be completed by summer.
Retrofitting existing slots with...
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