New Life Games LLC
Gaming Industry News => Jays Gaming and Industry News => Topic started by: NLG-BOT-1 on March 06, 2014, 09:00:06 PM
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Peppermill's $1M settlement over slot machine spying is finalized
The Nevada Gaming Commission conducted a meeting today in Las Vegas. The commission conducted a suitability hearing and considered the licensing of Todd McTavish, senior vice president, general counsel and chief compliance officer for Austin, Texas-based Multimedia Games.
Source: Peppermill's $1M settlement over slot machine spying is finalized (http://vegasinc.com/business/2014/feb/20/gaming-commission-oks-license-businessman-despite-/)
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It looks like the NGC is going to start regulating jackpot keys as a result of the
Peppermill's actions.
http://gaming.nv.gov/modules/showdocument.aspx?documentid=8687 (http://gaming.nv.gov/modules/showdocument.aspx?documentid=8687)
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The complaint alleged that since 2011, Peppermill employee Ryan Tors had a slot machine "reset" key that allowed him to enter the slots in other competitors to determine the amount of hold — the amount kept by casinos on wagers.
On July 12, hotel security officers at the Grand Sierra Resort in Reno caught Tors using a reset key at their property. An investigation revealed that, beginning at least in 2011, Tors had used the reset key to obtain the information in 10 other casinos in the Reno-Sparks and Wendover areas.
Using a reset key to access information isn't illegal, but the Control Board intends to distribute an industry notice warning licensees not to use it in competitors' properties.
The complaint, drafted by Deputy Attorney General Michael Somps, said Peppermill's management instructed Tors "to use a slot machine reset key to access and obtain theoretical hold percentages information from slot machines belonging to one or more casinos that are competitors."
The second article posted by Merlin they suggest that the 2341 key shall be restricted from the general public. There are about a billion or so in the wild so I really can't see how they are going to restrict them. The only way would be to change the key switches - property by property,
If I was a lock smith I would be reaching out the casinos right now as they have a major compliance problem to deal with.
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I noticed in Colorado that the Reset Switch is a Medeco on a few of the machines.
I do not remember which casinos I was in when I took a quick look at them.
Last Time I checked the pricing on that switch from Medeco it was like $75 per lock (2006) and they might get them for $50 a machine
That is $20,000 for the average property with 4000 machines
Restrict a 2341 key, not likely. Someone can buy them off eBay!
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Don Laughlins Riverside Casino in Laughlin sells a few modern machines to the public and they were giving the 2341 with the machine. Now what?
That memo makes no sense unless they eliminate the 2341 all together and require each casino to have their own locks.
Very costly!!
I can see the 2341 lock going away and the reset will be electronic only.