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Introducing Innovative Technology’s NV9 Spectral Note Validator Range

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The NV9 Spectral note validator from cash handling provider Innovative Technology is well-established in the market as a highly secure and technologically advanced compact banknote validator designed to ensure efficient, automated cash processing. The NV9 Spectral range has the added bonus of stained note detection and optical and mechanical anti-strimming technology which delivers outstanding protection against fraudulent notes.It forms the basis for new products in the ITL Spectral range and using its modular design, allows customers to easily add additional functionality such as multi-note recycling.  Global installs are on the increase in a wide range of applications and vertical sectors.

Andy Bullock, Senior Business Development Manager for ITL, commented, “The NV9 Spectral is gaining momentum particularly in the gaming, amusement and vending industry where customers value the high level of security this validator brings in a compact size and at a mid-range price. Advancedspectral sensors provide high resolution imaging to authenticate the validity of notes, so detects stained and fraudulent notes effectively. It also offers our customers versatility and can be mounted horizontally or vertically, with cashbox and bezel options to suit all applications. Boasting easy, free firmware updates andmicro-SD card for data logging this validator gives customers fast note to note processing time to speed up transactions.”

Andy continued, “Many of our customers in the UK and Europe are also keen to add recycling capabilities via a compatible note float module (NV11 Spectral or NV22 Spectral) to keep machines running; ensuring float levels and downtime are reduced. A choice of note float modules is available depending in whether single (NV11S) or multi note payout is required (NV22S) to maximise cash efficiency, reduce coin starvation and significantly reduce operational costs.”

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The NV22 Spectral offers multi-note recycling and is ideal formedium volume applications with limited space. This compact note recycler which combines a true ‘Multi-Note Float’ (MNF) payout unit with Innovative’s NV9 Spectral banknote validator.

Jose Garcia Escudero, Business Development Manager for ITL Spain commented, “NV22S is proving popular in Europe, especially in Spain. Spanish Operators have reported a massive 50% reduction in refill and collection time and up to 30% reduction in float levels required. Customers are impressed by this 40 mixed-denomination note recycler which can store and payout all denominations from a given currency and is not limited to just one or two notes. As well as improving operator profitability and lowering operational costs, all notes in the MNF can be transferred to the cashbox for easy, low-cost collection. Another key benefit is its space-saving design; the compact units will fit into most existing machines making integration and installation quick and easy.Its enhanced recycling capability will be a key benefit for operators, maximisingup-time by using existing notes for change or prizes.”

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MGM China Announces Salary Increment for 99% Team Members in March

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MGM China has announced a salary increment for all eligible team members with effect from March 24, 2025, in recognition of their hard work and contribution for the company.

A 2.5% increment will be awarded for all eligible team members in which 99% team members will be rewarded. For team members with a monthly salary of or less than MOP16,000, a standard salary adjustment of MOP600 will be granted, which represents a 2.5-5.5% increment.

Ms. Pansy Ho, Chairperson and Executive Director of MGM China Holdings Limited, said: “We extend our heartfelt gratitude to our team members for their wholehearted dedication in moving forward hand in hand with the Company. In the new year, MGM will fully support the policy implementation of the SAR Government as always; pragmatically promote the development all-for-one cultural tourism, while working with the team to continue enrich the essence of Macau as ‘One Center, One Platform, One Base’.”

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NRT Technology Appoints Tecnet Asia as its Official Distributor in the Philippines

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NRT Technology Corp, a global leader in payment solutions and self-serve kiosks, has appointed Tecnet Asia Inc as its official distributor in the Philippines.

The collaboration aims to bring NRT’s innovative technologies to the local gaming and hospitality markets, further enhancing operational efficiency and improving customer experiences, the companies said in a joint announcement.

NRT currently serves clients across the Asia-Pacific region, including the Philippines.

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“This collaboration underscores the growing demand for secure and innovative payment solutions in the Philippine gaming industry. By joining forces with NRT, we aim to deliver cutting-edge technologies that meet the evolving needs of our clients,” said Suat Sirin, President of Tecnet Asia.

Art Ayow, NRT’s Senior Vice President of International Sales, said: “Tecnet Asia’s local expertise and strong network make them the ideal partner to expand the NRT brand in the APEC region. We are excited about the opportunities this partnership will create for our clients in terms of enhancing guest experiences and improving operational efficiencies.”

The partnership aims to drive significant advancements in the region, reflecting both companies’ commitment to innovation, growth and world-class service in the gaming and hospitality sectors, they said.

Tecnet Asia said the partnership reflects its continued growth in expanding its offerings to meet industry demands, providing expertise in technical consultancy, project management and support services. The company last year also became distributor for renowned brands like Novomatic, Ainsworth, Apex, Patir Seating and Miwa Locks.

The post NRT Technology Appoints Tecnet Asia as its Official Distributor in the Philippines appeared first on European Gaming Industry News.

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Quantum Gaming Announces Phillip Pistauer as its New COO

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Quantum Gaming, a leading provider of innovative technology solutions for the iGaming industry, has announced the appointment of Phillip Pistauer as its new Chief Operating Officer (COO). Phillip joins the executive board, which includes CEO Oliver De Bono, and Chief Revenue Officer (CRO) Soteris Varnava. Together, this dynamic leadership team is poised to drive Quantum Gaming’s vision of redefining the iGaming landscape.

Phillip Pistauer’s journey in the iGaming industry began in 2013, with a trial-by-fire experience launching a brand on the EveryMatrix platform. This early challenge required him to learn the intricacies of the industry quickly and sparked his passion for the field. Recognising the immense opportunities in iGaming, Phillip strategically relocated to Malta where he joined NetEnt during its commercial expansion.

In 2020, Phillip joined Singular, a Georgia-based company renowned for its advanced platform technology. Initially appointed as Head of Account Management, he later transitioned to Head of Platform following Singular’s acquisition by Flutter International.

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As part of Singular’s growth strategy, Phillip assumed the role of Head of Product in March 2024, further solidifying his reputation as a forward-thinking leader in iGaming.

Oliver De Bono, CEO of Quantum Gaming, said: “Phillip has a rare mix of operational expertise and vision for innovation. He’s been through every level of this industry, and it shows in the way he approaches challenges. We’re thrilled to have him on board as we gear up for some big moves this year.”

Among several exciting initiatives within the company, Quantum Gaming is also working on integrating AI-driven solutions to further enhance customer experience and operational efficiency. This AI project, along with others, reflects the company’s commitment to staying ahead of industry trends.

In addition to Phillip’s appointment, Quantum Gaming is expanding its leadership team further with the upcoming addition of a Head of Affiliation, Head of QA, Head of Finance and Head of Sales. These new roles reflect the company’s commitment to strengthening its operations and building a robust foundation for future growth.

Soteris Varnava, CRO of Quantum Gaming, said: “Having Phillip on the team gives us an incredible advantage. He brings a fresh perspective and a proven ability to get things done. With the new leadership hires we’re making, 2025 is shaping up to be a transformative year for Quantum Gaming.”

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The post Quantum Gaming Announces Phillip Pistauer as its New COO appeared first on European Gaming Industry News.

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