Elixir Group signs Asian deals

10 September 2007

LAS VEGAS, Nevada -- (PRESS RELEASE) -- Reflecting continued rapid execution against the plan to secure long-term placements of electronic gaming machines on a recurring revenue model in high-growth Asian gaming markets, VendingData Corporation (AMEX:VNX) announced today that Elixir Group Limited ("Elixir") has delivered agreements for the placement of slot machines on a participation basis at the following properties:

* 200 at the Paradise Island Casino in the Clark Special Economic Zone, Philippines;

* 250 at the Grand Villa VIP Slot Club in Pateros, Manila, Philippines;

* 200 to be placed at Sappa Slot Club in Lao Cai, Vietnam;

* 80 for LK & S at Siem Reap, Cambodia; and,

* 200 for a cruise ship operating in international waters.

There are now agreements for long-term placements of a total of 2,194 electronic gaming machines to be placed on a participation basis at twelve venues across the Asian Region.

Mark Newburg, CEO of VendingData, commented, "Elixir is executing its business plan ahead of expectations, which is clearly to the significant benefit of VendingData shareholders."

Gordon Yuen, CEO of Elixir, commented, "With this new agreement, Elixir continues to demonstrate that we can leverage our extensive relationships into new market share for high-margin, recurring revenue electronic gaming machine placements in rapidly expanding Asian gaming markets. International gaming operators now view the Asian region as the single most important market for the growth of gaming. As these and other gaming markets across the Pan-Asian region continue to open and/or expand, Elixir's unique distribution capabilities, partnership network and experience will allow us to rapidly grow our participation installed base in Asia."

Additional Information on Elixir Group Limited and Vending Data Corporation Stock Purchase and Product Participation Agreement:

In June, Elixir Group Limited and VendingData Corporation entered into a Stock Purchase and Product Participation Agreement pursuant to which VendingData will issue its common shares and warrants to Elixir, subject to certain closing conditions including the approval of VendingData common stock shareholders. The closing of the transaction is expected to occur on September 10, 2007.


Related Links

Featured Vendors
Casino City Press
Innovative Configuration Inc.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Innovative Configuration Inc.
I-Games Anywhere-Anytime - Win Product-Service-Activity-Attraction Discounts at Favorite Casinos.
Sunkist Graphics, Inc.
Rymax Marketing Services, Inc.
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Casino Network
Oklahoma Indian Gaming Association (OIGA) Conference
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: July 20-22, 2026 Oklahoma City
K2J Marketing Partners
Betson Imperial Parts & Service
K2J Marketing Partners
We’re not just a gifting provider—we’re an extension of your marketing team driving proven results.
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Regulatory Management Counselors, PC
TribalHub
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
TribalHub
27th Annual TribalNet Conference Sept 20-24, 2026 at Hilton Anatole Dallas in Dallas, TX
Slot Machines Unlimited
Patriot Gaming & Electronics, Inc.
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Patriot Gaming & Electronics, Inc.
Patriot Gaming…Parts is what we do. Visit us: www.patriotgaming.com


Your Guide to 13,683 Gaming Industry Suppliers