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Vol. 49, No.8, August 2009
| Feds Indict Key Suspect In Heartland Card Payment Security Breach
by Staff Reporter
Federal prosecutors have indicted Albert Gonzalez, 28, on charges that he and two accomplices were responsible for theft of credit and debit card data from five major companies, including Heartland Payment Systems and Dave & Buster's, between October 2006 and May 2008...
| | Heartland Completes First Phase Of ‘End-To-End’ Encryption Project
Tim Sanford
Heartland Payment Systems has concluded the first phase of a massive "end-to-end" encryption initiative. Heartland, one of the nation’s largest payment processors, long has been critical of what it regards as lax data security standards for credit and debit cards...
| | Illinois Raises Sales Tax On Candy, Wider Range Of Cold Beverages
by Staff Reporter
Gov. Pat Quinn has signed a budget bill passed by the Illinois state legislature that increases the tax rate for candy and certain beverages in all retail channels. It takes effect on Sept. 1, changing the candy tax base and the definition of "soft drink"...
| | MEI Launches Cashflow Series 2000 VNR To Capture Popular $20 Bills
Tim Sanford
 Introduced earlier this year, MEI's Cashflow Series 2000 VNR Vending Recycler is ready for the vending trade. It enables machines to reliably accept $20, $10, $5 and $1 bills by using cash-recycling technology to dispense previously accepted bills -- $1s or $5s -- as change...
| | Milk Meets Today's Concerns To Keep Sales Up In Down Market
by Tim Sanford and Emily Jed
 The dairy industry, which launched the Milk Processor Education Program more than a decade ago, reports that its campaign to restore milk to its former strong position as an out-of-home beverage choice continues to make headway...
| | NAMA Advises Georgia Vendors On State Food Safety Compliance
Tim Sanford
A question has arisen concerning the length of time for which potentially hazardous foods can be held in a refrigerated vending machine in order to comply with Georgia regulations. Accordingly, NAMA and the Georgia Automatic Merchandising Council have issued a special technical bulletin to members...
| | NAMA Task Force Readies Data Interchange Standards
by Staff Reporter
Making its debut at NAMA's National Expo will be a new set of standards developed by a working group organized by the association's Technology Leadership Council. The initiative is to find ways to simplify the sharing of information among applications produced by different suppliers...
| | PepsiCo Reaches Agreements To Purchase Two Largest Bottlers
by Staff Reporter
PepsiCo has entered into definitive agreements to buy its two largest bottlers. The drink and snack giant has agreed to acquire all of the outstanding shares of common stock it does not own in The Pepsi Bottling Group Inc. (Somers, NY) and PepsiAmericas Inc. (Minneapolis), valued at approximately $7.8 billion...
| | Coinstar May Sell Amusements, Other Business Units
by Staff Reporter
Coinstar Inc. is contemplating selling its nationwide Sugarloaf amusement route, which includes the Folz bulk vending and Rainbow Crane operations. The company's money-transfer services and prepaid calling card kiosk business may also be sold...
| | ICE Inks Pact With Sega European Unit For Multinational Distribution
by Staff Reporter
Innovative Concepts in Entertainment and Sega Amusements Europe Ltd. have teamed up to market ICE redemption products in Western and Eastern European nations. Major markets include France, Germany, Spain, Greece, Turkey, Russia and many countries in Scandinavia and Eastern Europe...
| | ICE Unveils Photo Finish Racing And Go Ballistic
by Staff Reporter
New from Innovative Concepts in Entertainment are two arcade games played with balls. Photo Finish Racing and Go Ballistic, both ticket redemption devices, were previewed at the American Amusement Machine Association's Distributor Gala in late July...
| | PokerTek Posts Q2 Losses; Adopts Operator-Direct Sales Model
Nick Montano
PokerTek Inc.'s second-quarter revenue decreased 60% to $1.5 million from the same quarter in 2008. For the recent quarter, ended June 30, the company posted a net loss of $1.64 million. PokerTek is transitioning to a new distribution model that sells direct to operators on a recurring revenue basis...
| | 'Young' Bulk Vendors Group Seeks To Grow NBVA Ranks
Hank Schlesinger
The National Bulk Vendors Association has formed the Young Bulk Vendors Group. According to group spokesperson Heidi Schwarzli, the contingent already boasts about a dozen members, and is seeking to grow its ranks...
| |  | Knowing When To Say Nay
Tim Sanford
One of the more durable modern myths is that pioneers always have had to overcome a horde of "naysayers," know-it-alls who said that the thing could not be done and sticks-in-the-mud who said that it shouldn't be… by Tim Sanford
| | | Cheap Or Free Investments Every Operator Can Make
Hank Schlesinger
For years I've been hearing the phrase "invest in your business." Mostly it's used to sell stuff. All kinds of stuff. Some of those investments are things small businessmen actually need: new equipment, technology upgrades and fuel-efficient vehicles. But some stuff touted as a "business investment" is entirely useless in business... by Hank Schlesinger
| | | To Merge Or Not To Merge?
Marcus Webb
This month the members of the International Association for the Leisure and Entertainment Industry will be considering the issue of whether to keep their association going as a small, independent organization, or to merge it with the much larger International Association of Amusement Parks and Attractions. Ironically, proponents and opponents of the merger point to a single overriding factor: IAAPA's enormous size... by Marcus Webb
| | CoffeeSmart Debuts On-Demand Program
Emily Jed
CoffeeSmart, a manufacturer of premium shelf-stable coffee concentrates and proprietary dispensing equipment, will be introducing its products and programs to the industry at the upcoming National Automatic Merchandising Association Show at Chicago’s Navy Pier, Sept. 23-25...
| | THE FAMILY BUSINESS: A Never Ending Saga, Or Taxes, Economics And Human Emotions
by Irv Blackman
Almost all readers of this column with tax problems who contact me are owners or part owners of a family business. Each has a unique story, and most would make an exciting, interesting and fascinating real-life TV drama. The typical owner has one or more problems... which the family can't solve... nor can their professionals. The problems typically fall into one of three specific categories... by Irv Blackman
| | | What's Next?
Alicia Lavay
It feels like we've been talking about adapting to a new business climate for a long time now. New locations, new products and services to meet changing consumer demands and updated technology that provide tools for efficiency and to help us make sense of it all. I think we all agree that the future will hold a place for the vending, OCS and music and games industries... by Alicia Lavay-Kertes
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Bowling supplier QubicaAMF Worldwide has borrowed the amusement trade's most successful concept and introduced a redemption system that allows bowling centers to equip their lanes with ticket dispensers... 
VT interviewed Gary Brewer of Brewer Amusement Co. (McMinnville, TN) in mid-July; he will become president of the Amusement and Music Operators Association on Sept. 26 at the close of the association's 2009 International Expo in Las Vegas... 
Now available from Bay Tek Games is Road Trip, a prize dispensing game that offers players a transcontinental challenge. It incorporates the same play principle as Bay Tek's popular arcade piece Big Bass Wheel... 