Fallsview Casino & Casino Niagara Roll Out Tangam Table Games Yield Management (TYM) After Successful Trials
Niagara Falls, ON; January 21, 2011 – – Tangam Gaming today announced that Fallsview Casino and Casino Niagara, two of Canada’s premier casinos, have rolled out Tangam’s award-winning Table Games Yield Management (TYM) system to increase table games profitability and enhance the player experience. TYM is now operating across the 142 non-poker table games at the two properties, including Blackjack, Baccarat and specialty games.
TYM is a software add-on for existing table management systems that improves table games profitability by (1) helping operators open the right number and types of tables, based on historical demand patterns, and by (2) guiding floor staff on adjustments to betting minimums as player demand fluctuates throughout the day. These two components -- opening the right number of games / proper game mix, and dynamically managing the table limits -- allow a casino to increase profitability and enhance the experience of the players they already have coming through their doors.
TYM also accumulates and analyzes business volume data, providing reports that give operators perfect visibility into recurring issues, noteworthy trends and floor staff performance.
"TYM proved its value to us through the trial period,” said John Stamatakos, Executive Director Table Games Operations at Fallsview Casino and Casino Niagara. “The system is producing results more quickly than we anticipated and is definitely helping to improve our game spread and table limits. As well, TYM has given us precise and actionable recommendations for issues that we knew we had. We are excited to continue working with Tangam to ensure the best possible experience for our valued patrons."
"The adoption of TYM at these two casinos is a clear vote of confidence for applying yield management techniques to table games,” said Prem Gururajan, President of Tangam Gaming. “We have benefited immensely from John’s commitment to innovation and continuous operational improvement. The dedication and excellence of John’s operational team, managed by Director of Table Games Shannon Dutton, is what made the trials smooth and successful. We look forward to a continued relationship with everyone at these leading properties."
Tangam’s TYM system is available to casinos worldwide. For more information, please visit www.TangamGaming.com or contact us at:
+(61) 390345194 Australia
+1-702-793-2296 USA
+1-519-513-2417 Canada
info@tangamsystems.com
www.tangamsystems.com
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“[Tangam’s] real-time data gives us a deeper insight that allows us to quickly adjust to customer needs, while also establishing new business goals and tracking the success of our strategy.”
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“Reporting alone doesn't provide answers. We chose SODA for its highly differentiated offering that provides a clear set of actionable recommendations, which maximize gaming performance and the guest experience.”
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