Chips not included.
Majesco Announces Exclusive Worldwide Licensing Deal with Golden Nugget Casino; Company Ships First Two Products to Retail
EDISON, N.J.--(BUSINESS WIRE)--Nov. 18, 2004--Majesco (OTC BB: MJSH), a provider of diversified products and content for digital entertainment platforms, today announced it has entered into a licensing agreement with the Golden Nugget, Las Vegas Hotel and Casino. Under the terms of the agreement, Majesco is granted the exclusive rights to publish interactive entertainment products under the Golden Nugget brand for all current and announced video game systems, as well as wireless, plug-and-play and select online applications. The first two products, Golden Nugget® Casino for Game Boy® Advance and TV Arcade, Majesco's new line of plug-and-play products, are now available.
"We believe the appeal of our Golden Nugget Casino products reaches well beyond the video game enthusiast to encompass the larger, worldwide audience of gaming aficionados," said Jesse Sutton, president of Majesco. "The consumer base for interactive entertainment continues to broaden and as a result, Majesco will continue offering an increasing variety of products that appeal to it."
"We are excited to work with a video game company the caliber of Majesco," said Tom Breitling, co-owner of the Golden Nugget Hotel and Casino in Las Vegas. "We believe that our partnership with them is an extension of our brand marketing."
Gaming continues to be a popular pastime with more than 35 million people annually visiting Las Vegas where revenue city-wide has exceeded $2.2 billion through May of this year. In 2003, revenue from all non-tribal casinos generated more than $27 billion nationwide from more the 53.4 million visitors.
Majesco's TV Arcade products are self-contained video game systems that plug directly in the TV without any additional console requirements. Majesco's Golden Nugget Casino allows consumers to quickly and easily begin playing some of their favorite video poker and slot games, including Texas Hold 'Em, Vegas Slots, Jacks or Better Poker, and Double Up Poker, right in the comfort of their living rooms.
For players on the go, Golden Nugget Casino for Game Boy Advance features classic games such as Blackjack, Craps, Roulette and Slots, as well as Video Poker. A unique password system allows players to resume play with a previously saved account balance.
Golden Nugget Casino for TV Arcade and Game Boy Advance each has suggested retail prices of $19.99. More information on these products can be found online at
