Kangwon Land Establishes Foundation for European Sales of Self-Produced Slot Machines

Business Agreement with Slovenia's Advancis
Plans to Establish a Foundation for Sustainable Growth Including Development of Contactless Casino Systems

Gangwon Land announced on the 2nd that it has signed a business agreement with Advansys, a Slovenian company specializing in the International Slot Machine Management System (SMS), to establish a foundation for the sustainable growth of its slot machine business.

Lee Sam-geol, CEO of Kangwon Land (left), and Zdravko Vice, CEO of Advancis, are signing a business agreement.
[Photo by Kangwon Land]

Through this agreement, Gangwon Land plans to create a foundation to sell and promote its self-developed 'KL Saveri' slot machines in Europe. The two companies will share technology cooperation and roadmaps for SMS development and maintenance, as well as share know-how on the development of contactless casino systems, a recent trend, and related technology and operations.

Advansys has received a 'Triple A' credit rating in Europe over the past three years and has been certified as an excellent company in France for five consecutive years. It holds certifications for slot machine and table game management systems that are valid in the United States, Australia, and Asia.

Lee Sam-geol, CEO of Gangwon Land, said, "This agreement has given new momentum to Gangwon Land's slot machine manufacturing business, which is a new growth engine." He added, "Through continuous cooperation with Advansys, we will expand the global sales market for the KL Saveri machine and add technologies such as contactless casino systems to establish a foundation for sustainable growth."