• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Tuesday 3 June 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

The Need for Speed-Heeded

Newsdesk by Newsdesk
Mon 16 Jul 2012 at 03:28

JCM Global's display in G2E Asia

3
SHARES
85
VIEWS
Print Friendly, PDF & Email

Slashing wait times on table game buy-ins with a new validator from JCM that counts eight notes per second

It’s a busy Saturday night in the baccarat pit—and in this part of the world that means very busy—a player walks up to the table with a stack of cash roughly the size of a small brick. The dealer fans the bills out across the table for management and the “eye” in the ceiling to see, possibly there is a UV light inspection as well, and then he or she counts each note, then folds them into bundles and tucks each bundle into the drop box at the end of the table.

What are the other eight players doing while all this is going on? Nothing. They sit idle.

No more. With the revolutionary iV8 from JCM Global, buy-ins are simply inserted directly into an adjoining tray where every note is validated and counted and the total value displayed for everyone to see—player, dealer, pit management and overhead surveillance, at an amazing speed of eight notes per second. Hence the name, short for Intelligent Validation at Eight Seconds.

If on a busy night 10 minutes per hour is spent counting, verifying and depositing buy-ins, the iV8 can easily cut that down by more than half. A reduction to four minutes, if you factor it against average daily revenue per table in Macau, works out to about US$60 in restored revenue per hour for a theoretical “savings” of about $1,400 per table day. That’s about $500,000 per year.

“This is a generational leap to anything that’s out there, in terms of features and banking grade validation along with a very high speed and very high capacity storage,  up to 4,600 notes in the cash box,” says Kunal Mishra, general manager of New Market Development and Operations for JCM.

With an entry tray capacity of 200 bills the iV8 can handle the largest buyins. The savings in reduced errors and accurate validation are compelling on their own, not to mention the benefits in terms of immediate access to important revenue-performance metrics. The iV8 even moves rejected or suspected notes into a separate tray during tabulation. This “reject” tray is capable of handling up to 50 notes per buy-in.

Think also of the convenience for the players, certainly not the least consideration as far as JCM was concerned. What can be a tedious process becomes simple and seamless, and that means more playing time for everyone.

It was the motivation from the start, says Mr Mishra.

“I’ve spent a lot of time personally in the casinos in Southeast Asia, putting myself in the position of the players, understanding what made me excited about gambling, and gambling more, and what I thought could be improved.

“That experience resulted in a machine that gets all the little things right. The display total is placed on top, easily visible from any vantage at or around the table. The escrow and reject trays are always visible as well. The overall design is sleek, compact, built to be attractive, unobtrusive and efficient, with options that include the ability to put every note into the escrow tray, and from there into the cash box, no matter how large the buy-in; or to save time on very small buy-ins, notes can be deposited directly into the box; and no hardware changes are required.

“The dealer’s primary purpose at the table is security and entertainment,” Mr Mishra explains, “and we cannot have them distracted by another device in there. So the buy-in [tray] is at a place where the dealer doesn’t have to look away from the table. They don’t have to worry about aligning the notes perfectly; we’ve got an aligning mechanism in there. And the escrow [tray] is at a position where the dealer can remove the notes easily.”

The value of the iV8 in a high-limit, table-centric market such as Macau speaks for itself, and it was a standout among the many innovations displayed at G2E Asia at The Venetian Macao in May, drawing large crowds eager to see it in action.

Mr Mishra says it will be ready for rollout in the fall, with Macau an obvious initial target, he says, along with Singapore and Malaysia.

Tokyo-based JCM has been a leader for more than half a century in the development of innovative currency solutions for the industry. And with manufacturing facilities in Hong Kong, the company is particularly well-positioned to deliver top-notch service across the region.

At G2E Asia, visitors were also treated to an up-close look at the company’s popular iVIZION bill validator, winner of Inside Asian Gaming’s 2012 Supplier Award for “Best Electronic Gaming Peripheral”. The iVIZION was selected in every request for proposal for which it competed last year, an impressive feat and not surprising in the least, given the package of advanced features it brings to the slot floor: including two high-speed processors, 64-megabit FLASH memory, self-calibrating Contact Image Sensor Technology for better than 99% acceptance rates, plus horizontal and vertical barcode reading, comprehensive counterfeit protection and a user-friendly modular design with removable stacker mechanism.

theneedforspeed-headed1

Award winner—the iVIZION


 

The heart of the system is its patented RFID Intelligent Cash Box (ICB). It’s a faster and more efficient drop process that eliminates several points of human error and reduces waste while recording encrypted, Web-enabled data to generate useful reports for more informed analysis and decision-making.

RelatedPosts

G2E Asia 2025: IGT’s Dallas Orchard and Charles Seo

G2E Asia 2025: IGT’s Dallas Orchard and Charles Seo

Wed 21 May 2025 at 12:16
G2E Asia 2025: Simtech’s Jack Curtis

G2E Asia 2025: Simtech’s Jack Curtis

Wed 14 May 2025 at 07:05
G2E Asia 2025: Aristocrat’s Lloyd Robson on latest product pipeline

G2E Asia 2025: Aristocrat’s Lloyd Robson on latest product pipeline

Thu 8 May 2025 at 06:13
G2E Asia to forge ahead with July dates for 2020 trade show

Statement by Inside Asian Gaming regarding G2E Asia Macau, 7 to 9 May 2025

Tue 29 Apr 2025 at 14:09
Load More

Highlights of the exhibit also included the iPRO and iPRO-RC validators, the perfect next step for casinos looking to trade up from the award-winning Universal Bill Acceptor, which has proven especially popular in Europe. The iPRO, which is ICB-enabled, combines advanced wave-length optical and magnetic sensors and powerful “anti-fishing” technology with a sealed bill path for dust, water and light protection, dual exit sensors with anti-pullback drum device, and a replaceable bezel holder.

The company also showed its PayCheck 4 printer, a smart, fast, durable accessory that delivers exceptional print speeds and head life and standard memory capable of competing with much larger printers.

Tags: G2E AsiaJCMJCM Globalsupplier award 2012
Share1Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Foreigner-only casinos: Seize the day

Editorial – Foreigner-only casinos: Seize the day

by Ben Blaschke
Thu 29 May 2025 at 13:38

I was recently asked by someone working at a foreigner-only casino for my thoughts on the outlook for the Asian...

On the brink

On the brink

by Pierce Chan
Thu 29 May 2025 at 13:27

The transition period for Macau’s 11 satellite casinos is set to expire at the end of this year, after which...

A moral defense of gambling

A moral defense of gambling

by Andrew Russell
Wed 28 May 2025 at 18:19

Economist Andrew Russell explores the differences between community benefit and in-principle arguments for the existence of a legal gambling industry...

Face to face

Face to face

by Ben Blaschke
Wed 28 May 2025 at 18:08

Konami caught the eye at the recent G2E Asia show in Macau with its SYNK Vision Tables, which utilize facial...

Evolution Asia
Aristocrat
GLI
Mindslot
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Solutions Showcase: Angel – Tech Minded

Solutions Showcase: Angel – Tech Minded

by Newsdesk
Tue 29 Apr 2025 at 11:13

A raft of new technological enhancements to its revolutionary table and chip products will feature at Angel’s booth at G2E Asia. Angel will this year showcase its innovative and latest hybrid technology (AI and RFID) with the upcoming Angel Products...

Solutions Showcase: Aristocrat – Marching to Mars

Solutions Showcase: Aristocrat – Marching to Mars

by Newsdesk
Tue 29 Apr 2025 at 11:12

Aristocrat Gaming will showcase a handful of products for the first time at an Asian tradeshow when G2E Asia returns in May. Aristocrat Gaming will introduce several company firsts at G2E Asia, including the Asian tradeshow debut of the MarsX...

Solutions Showcase: Everi – Neigborhood watch

Solutions Showcase: Everi – Neigborhood watch

by Newsdesk
Tue 29 Apr 2025 at 11:11

Everi’s “Digital Neighborhood” fully-integrated suite of financial access, loyalty, mobile and RegTech solutions will form the core of its offering at G2E Asia. Everi’s core focus from a Financial Technology perspective remains on player engagement and assisting casino customers to...

Solutions Showcase: IGT – Progressive thinking

Solutions Showcase: IGT – Progressive thinking

by Newsdesk
Tue 29 Apr 2025 at 11:10

IGT will showcase a complete solution of gaming products at G2E Asia, highlighted by its latest multi-level progressives. At G2E Asia 2025 in Macau, global gaming company IGT will showcase the latest in its regionally attuned portfolio of gaming solutions...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English