JMC Receives Michigan License

LAS VEGAS – (PRESS RELEASE) -- JCM American has received a full gaming-related supplier license from the Michigan Gaming Control Board. In addition, JCM's parent company, Japan Cash Machine Co., Ltd., and Johto Investment and Development, Inc., were found suitable as entity qualifiers, and the entire board of directors for JCM American and Japan Cash Machine were found suitable as individual qualifiers.

JCM has been operating legally as a manufacturer and distributor in Michigan for years, and recent state regulatory changes required JCM to obtain a full gaming-related supplier license.

The Michigan license brings JCM's total number of gaming licenses to more than 80. Currently, the company holds licenses in 20 U.S. and two Canadian jurisdictions, as well as licenses in Tribal gaming jurisdictions across North America.

JCM Director of Compliance Erik Batzloff said, "More and more jurisdictions are recognizing the integral part bill validators play in electronic gaming, as nearly 100 percent of wagers placed in a slot machine are assessed by validator technology. Jurisdictions must be assured that the company providing such an important component is unimpeachable, and we are proud to have achieved that recognition from the Michigan Gaming Control Board."