annual meeting november 14, 2007. platinum members

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Annual Meeting November 14, 2007

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Page 1: Annual Meeting November 14, 2007. Platinum Members

Annual Meeting

November 14, 2007

Page 2: Annual Meeting November 14, 2007. Platinum Members

Platinum Members

Page 3: Annual Meeting November 14, 2007. Platinum Members

Agenda

• Welcome• Anti-trust Reminder• GSA Orientation• Financial Report • Achievements • Keynote• Education• Closing Remarks

Page 4: Annual Meeting November 14, 2007. Platinum Members

Who Are We?

• GSA is a non-profit organization established in May 1998• GSA is affiliated with:

– UNLV

– Australian Gaming Machine Manufacturers Association

– Macau Polytechnic Institute

• GSA is an international organization of gaming manufacturers, suppliers, operators, vendors – Currently a total of 72 members

• GSA is funded through corporate membership dues

Page 5: Annual Meeting November 14, 2007. Platinum Members

Vision and Mission Statement

• Vision– To be the leading standards forum that creates value by facilitating

innovation and efficiencies for the gaming community

• Mission– The gaming Standards Association (GSA) is an international trade

association that creates benefits for gaming manufacturers, suppliers, operators and regulators. We facilitate the identification, definition, development, promotion and implementation of open standards to enable innovation, education, and communication for the benefit of the entire industry.

• Value– We will operate with integrity, fairness and transparency

– We believe that open standards benefit our industry because they provide speed to market, innovation, value and extended useful life

Page 6: Annual Meeting November 14, 2007. Platinum Members

Global Membership

Asia10%

Europe14%

Oceania11%

Americas65%

Page 7: Annual Meeting November 14, 2007. Platinum Members

Membership Composition

Operators/Hotel 16 22%

Manufacturers 39 54%

OEM 7 11%

Affiliates 4 6%

Advisors 5 8%

Page 8: Annual Meeting November 14, 2007. Platinum Members

Membership Growth

8

22

38 35 37

59

7670 72 72

0

10

20

30

40

50

60

70

80

1998

1999

2000

2001

2002

2003

2004

2005

2006

2007

Year

Members

Platinum

Gold

Silver

Others

Total

Page 9: Annual Meeting November 14, 2007. Platinum Members

2007 Board Of Directors

Chair Lyle Bell Seminole Tribe of FloridaVice Chair Randy Hedrick IGTSecretary Don Karrer Penn National GamingTreasurer Bob Sobczyk Ameristar Casinos

Jim Morrow Aristocrat TechnologiesKen Bossingham Atronic AmericasBruce Rowe Bally TechnologiesDerrik Khoo Sin Huat E-Genting HoldingsTim Stanley Harrah’s EntertainmentSteve Sutherland Konami GamingJon Berkley Las Vegas GamingTom Peck MGM MirageBrendan O’Connor Multimedia GamesTom Galanty Progressive GamingRob Siemasko WMS Gaming

John Hilbert Future LogicBob McKenzie MEI

Page 10: Annual Meeting November 14, 2007. Platinum Members

Standards

Page 11: Annual Meeting November 14, 2007. Platinum Members

Financial Report

Page 12: Annual Meeting November 14, 2007. Platinum Members

Financials 2007 Budget vs. 2006 Audited

2007 (budget) 2006 (audited)

Revenues $2,056,220 $2,147,836

Expenses $2,304,075 $2,051,112

Net ($ 247,855) $ 96,742

Retained Earnings $ 172,252 $ 420,107

Source data: 2007 September financials

Page 13: Annual Meeting November 14, 2007. Platinum Members

Financials 2007 Projected vs. Budgeted

2007 (projected) 2007 (budgeted) Variance

Revenues $2,146,878 $2,056,220 4%

Expenses ($2,044,816) ($2,304,075) -11%

Net $ 102,062 ($ 247,855) 141%

Retained Earnings $ 522,169 $ 172,252 203%

Liability ($ 538,000) ($ 538,000)

Equity + Liability ($ 15,831) ($ 365,748) 95%

Source data: 2007 September financials

Page 14: Annual Meeting November 14, 2007. Platinum Members

Expenditure Breakdown 2007

Tradeshow & Meetings

3%

Technical Development

25%

Operational46%

Marketing7%

Grants19%

Certification 0%

Source data: 2007 September financials

Page 15: Annual Meeting November 14, 2007. Platinum Members

Key 2008 Goals

• S2S Standard Update– Hire an S2S Technical Director

• Ensure a Single Toolkit for G2S Standard– Provide a subsidized toolkit to regulators

• Drive international adoption of standards– Partner with MPI: knowledge transfer, adoption of standards

– Australia, South Africa – adoption of standards

• Continue to support key GSA programs– Certification

– Education (UNLV)

• Support goals through a necessary increase in member dues by 7% – Silver membership increase: $ 1,400

– Gold membership increase: $ 2,100

– Platinum membership increase: $ 5,250

Page 16: Annual Meeting November 14, 2007. Platinum Members

Financials Three Years Forecast

2007 (projected) 2008 2009 2010

Revenues $2,146,878 $2,118,000 $2,118,000 $2,118,000

Expenses ($2,044,816) ($2,429,672) ($2,303,377) ($2,187,615)

Net $ 102,062 ($ 311,672) ($ 185,377) ($ 69,615)

Retained Earnings

Previous Year $ 420,107 $ 522,169 $ 210,497 $ 25,119

Equity $ 522,169 $ 210,497 $ 25,119 ($ 44,496)

Liability ($ 538,000) ($ 179,000)

Liabilities+ Equity ($ 15,831) $ 31,497 $ 25,119 ($ 44,496)

Source data: 2007 September financials

Page 17: Annual Meeting November 14, 2007. Platinum Members

Financials Three Years Forecast With Dues Increase

2007 (projected) 2008 2009 2010

Revenues $2,146,878 $2,262,550 $2,262,550 $2,262,550

Expenses ($2,044,816) ($2,429,672) ($2,303,377) ($2,187,615)

Net $ 102,062 ($ 167,122) ($ 40,827) $ 74,935

Retailed Earnings

Previous Year $ 420,107 $ 522,169 $ 355,047 $ 314,219

Equity $ 522,169 $ 355,047 $ 314,219 $ 389,154

Liability ($ 538,000) ($ 179,000)

Liabilities+ Equity ($ 15,831) $ 176,047 $ 314,219 $ 389,154

Source data: 2007 September financials

Page 18: Annual Meeting November 14, 2007. Platinum Members

Financials 2008 Budget vs. 2007 Projected

2008 (budget) 2007 (projected)

Variance

Revenues $2,262,550 $2,146,878 5%

Expenses ($2,429,672) ($2,044,813) 19%

Net ($ 167,122) $ 102,065

Retailed Earnings

Previous Year $ 522,169 $ 420,107

Equity $ 355,047 $ 522,169

Liability ($ 179,000) ($ 538,000) -67%

Liabilities + Equity $ 176,047 ($ 15,831) 1212%Source data: 2007 September financials

Page 19: Annual Meeting November 14, 2007. Platinum Members

Expenditure Breakdown 2008

Grants15%

(down from 19%)

Tradeshow & Meetings

2%(down from 3%)

Certification 3%

(up from 0%)

Marketing6%

(down from 7%)

Technical Development

31% (up from 25%)

Operational43%

(down from 46%)

Source data: 2007 September financials

Page 20: Annual Meeting November 14, 2007. Platinum Members

Industry Recognition

• Jan 05, 2007 – Global Gaming Business– G2S: Top honors as Best Productivity- Enhancement Technology

• Jan 22, 2007 - IGWB– G2S: one of the top 3 gaming products of the year

• Apr 25, 2007 – Casino Enterprise Management– G2S: Slot Floor Technology Award

• May 3, 2007 - UNLV – The UNLV foundation honors Gaming Standards Association with

membership in The Benefactor Society of the University of Nevada, Las Vegas.

• May 24, 2007 – Casino Journal– G2S: Silver award in top 20 most innovative gaming products of the year

2006

Page 21: Annual Meeting November 14, 2007. Platinum Members

2007 Achievements

Page 22: Annual Meeting November 14, 2007. Platinum Members

2007 Achievements

• Developed a Sunset strategy for SAS• Demonstrated GSA Standards Interoperability at G2E• Developed UNLV GSA Certified Engineer Program

• Established liaisons with regulator communities – US, South Africa, Australia, Europe

• Continued to improve standards to support business needs - organized operator forums and established Operators Advisory Committee

• Established board subcommittees (certification, marketing)• Continuing development of a world-class certification process

– GSA has enhanced its certification program to be International by adopting an ISO 17025 requirement for recognized Testing Laboratories

• International committee meetings Europe / Asia

Page 23: Annual Meeting November 14, 2007. Platinum Members

2007 Achievements - Technical

• GDS Standard– The GDS Connector Standard was approved

– All the GDS peripheral device standards have been revised and are in the final stages of Membership approval

• Administrative changes

• Changes due to errors discovered during implementation

• Transport Standard– The Point to Point Transport protocol was approved by the membership

– The Transport Committee released new versions of G2S and S2S WSDLs allowing developers more flexibility in data compression options

Page 24: Annual Meeting November 14, 2007. Platinum Members

2007 Achievements - Technical

• S2S Standard– S2S version 1.2.6 was approved by the membership

• documentation improvements and enhanced reliability– S2S version 1.3 was developed and released for Member Comments and

is the final stages of Membership approval. • Includes enhanced functionality for existing classes• Includes 4 additional classes: Bonus, Progressive, Pass Through and

Authorization

• G2S Standard– G2S Version 1.0.3 was approved by the committee

• Provides numerous corrections based on early development• Provides the “development base” for current applications

– G2S version 1.1 is being completed and will be sent to sent for Member Comment in December

• Adds the Device Configuration class• Provides numerous infrastructure improvements such as namespace

negotiation and enhanced error handling

Page 25: Annual Meeting November 14, 2007. Platinum Members
Page 26: Annual Meeting November 14, 2007. Platinum Members

Industry Update

Page 27: Annual Meeting November 14, 2007. Platinum Members
Page 28: Annual Meeting November 14, 2007. Platinum Members

Keynote

Jay Walker

Walker Digital LLC

Page 29: Annual Meeting November 14, 2007. Platinum Members

Certified Engineer Program

Dr. Hal Berghel

Associate Dean Howard Hughes College of Engineering

Director School of Informatics

Page 30: Annual Meeting November 14, 2007. Platinum Members

Certified G2S Engineers

• Mark Arnold• Jelani Brandon• Alan Chisholm• Randy Graham• Ron Gogan• Jeff Greulich• Georgi Kolarov• June Light• Chris Mitchell• John Padgett• Bernard Paquet• George Pee• Moises Prat• Paul Ruas• David Smiley

Page 31: Annual Meeting November 14, 2007. Platinum Members

Program Schedule 2008

Jan 14 Overview of the G2S Protocol GSA 010

GSA 110

Jan 15 - 18 Basic Game Play with G2S GSA 111

Jan 28 – Feb 01 Advanced Topics in G2S GSA 112

Feb 12 An Executive Briefing on GSA Protocols GSA 001

Feb 13 An Executive Overview of G2S GSA 010

Feb 26 An Executive Overview of S2S GSA 020

Mar 04 An Executive Overview of Transport and Security GSA 030

GSA 130

Mar 05 - 07 Advanced Transport and Security Protocol GSA 131

Mar 10 Overview of the G2S Protocol GSA 010

GSA 110

Mar 11 - 14 Basic Game Play with G2S GSA 111

Mar 24 - 28 Advanced Topics in G2S GSA 112

Page 32: Annual Meeting November 14, 2007. Platinum Members