Jim Roddey: Slot Machine Middleman
Jim Roddey, of Pittsburg, has announced he has formed a new
corporation called New Century Entertainment. Mr. Roddey has formed
this company with several other businessmen in the Pittsburgh area to
buy slot machines from slot machine manufacturers, and then turn
around and sell them to casinos. Their license to operate was approved
yesterday by the Pennsylvania Gaming Control Board.
The Company is
planning to act as slot machine middlemen, due to the new interest in
Pennsylvanians to get slot machines put into their state. The company
also includes: George Miles, President of WQED Multimedia; Mike
Fetchko, president of a sports marketing company; Doris Carson
Williams, African American Chamber of Commerce President; and Neely
Frye, a Harrisburg lobbyist. The Gaming Board also approved licenses
for three other slot machine suppliers and/or distributors yesterday.
They are: KGM Gaming, CGR Gaming Associates, and Liberty Gaming
Distributors.
The approvals
yesterday bring the number of slot machine suppliers approved to 15.
Each pays the board a $25,000 license fee. New Century felt they had
a good chance at getting approved as the company consists of more than
25 percent minority members – and they plan to give 20% of their
revenue to other groups including the African American Cultural
Center. Once each slot machine distributor is licensed they must then
contact a company that manufactures slot machines and establish a
relationship with them. New Century Entertainment has been in talks
with International Game Technology, the largest slot machine
manufacturer in the world. Back to
August Archive or Slot Machines |