Sunday, January 21, 2018 | Today's Vending Industry News
June 1, 2004: Valley-Dynamo Offers June Financing; Alabama High Court Rules Against Video Gaming; Sega Board Shakeup Announced

Posted On: 6/1/2004

  • Printer Friendly Version
  • Decrease Text SizeIncrease Text Size
  • PDF


RICHLAND HILLS, TX - Valley-Dynamo LP and Firestone Financial have announced a no-money-down financing program for June. The promotion applies to new Valley-Dynamo pool tables, Dynamo air hockey tables, Tornado soccer tables and "Slam-N-Jam Basketball." No payments are required for the first 120 days, after which operators will have 21 consecutive monthly payments at a 7.99% interest rate. An advance application fee of $125, as well as sales tax and freight, is also required. Minimum purchase for the no-money-down plan is three units; the program ends July 1. More details may be had by contacting VDLP at tel. (800) 248-2837.



MONTGOMERY, AL , Video gaming machines that rely mainly on chance violate the constitution's lottery provisions, said the Alabama Supreme Court in a 7-1 decision on May 31. Operators had held that a 1996 redemption law permitted eight liners and other casino-type video machines as long as there were no cash payouts and "some" skill was required. The ruling upheld a 2002 finding that local district attorneys have used to close adult redemption arcades statewide. The Associated Press said up to 2,000 of these locations were running at one time.



TOKYO , Prior to Sega's planned October merger with Sammy Corp., four Sega board directors will be replaced with new Sega executives, according to Internet reports. In addition, Sega's seven R&D subsidiaries will be merged into a single unit and brought back under Sega top-management control. The board of the new parent firm, Sega Sammy Holdings, will consist of three Sammy officials and one Sega executive in voting positions, as well as three non-voting members, according to an announcement on Sammy's website.

The material here is from "Ahead of the Times, VT MUSIC & GAMES," an electronic supplement that instantly delivers the latest news in the coin-op music and games industry. If you would like to receive Ahead of the Times by e-mail, or know someone who would, send a request along with the recipient's e-mail address and company name to ; Subject: "SUBSCRIBE: AHEAD OF THE TIMES MUSIC & GAMES." Subscriptions to the newsletter may only be requested by e-mail. Your request may not be fulfilled if the subject line field is incorrect or incomplete.