For the second year in a row, FABICash took the Global Gaming Expo by storm, this time with the FABIKiosk, an all-in-one ticket-redemption kiosk that’s like no other in the industry.
In 2021, the New Orleans-based cash-access company displayed FABIWallet, its new cashless system with a single wallet players can use to buy in at the slots and table games, place sports bets in the casino and online, and pay at retail locations throughout the casino.
FABICash CEO, Anthony Rabito, showed off his company’s newest innovation at G2E last month in Las Vegas. FABIKiosk that redeems tickets and pays out on jackpots, breaks bills, performs ATM and eCheck functions, and more. The 49-inch crystal-clear display facilitates transactions and the cashless feature moves money into the FABIWallet, a first for the industry that reduces the amount of cash that is needed in the kiosk, Rabito said.
“It looks and operates like nothing else in the industry. I really think we stole the show. It’s an absolute game changer, not only for FABI, but for the gaming industry. Every cage director, CFO, and slot director who came to our booth used those exact words. It’s a game changer in how they’ll manage and run their gaming floors.”
FABI sold more than 350 FABIKiosks during the show, which Rabito called “mind-boggling,” especially for a new-product introduction. “Our existing customers and new ones coming on board were in awe of the FABIKiosk. We expected it to be received in a positive way, but it was overwhelming.”
FABI did demonstrations every 30 minutes and everyone who saw a demo wanted to place an order. “Casino management said they didn’t like it, they loved it. ‘You guys thought of everything,’” Rabito said.
“The only piece of the puzzle that FABI had been missing was owning, designing, and engineering our own TITO kiosk,” said Rabito. “We decided to manufacture our own. It would be different from anything else in the industry and change the look of the casino gaming floor. Everything we planned on turned into reality.”
The FABIKiosk is made of the highest quality components and meant for high volume. It comes standard with multiple features that can be turned on or off.
“We’re most excited about the advertising portion of the 49-inch screen, which allows casino-marketing departments to promote a blackjack tournament, a giveaway, upcoming concerts, and any other marketing tactic to get players back to the casino,” said Rabito.
Casinos can pick the kiosk color of their choice, another first for the industry, and they can have their logos at the bottom of the machine. The FABIKiosks are manufactured in Las Vegas.
FABI will install its first kiosks in December in a new casino in Virginia that’s opening in January. Other kiosk installs include casinos in Mississippi, Louisiana, California, New Jersey, New York, Michigan, Pennsylvania, and Las Vegas.
Rabito said their kiosks are better in every way, not only in appearance, but in functionality and ease of maintenance.
“We’re happy with our new technology,” said Rabito. “We can make our kiosk cashless. No one else can do that. When a player goes to cash a TITO ticket, instead of getting cash, the player has the option of loading the funds to the FABIWallet. The world is going to be cashless in the next five to eight years and FABI is on the forefront of that technology. Not only do we have the best cash access, Title 31 compliance software, and cashless solutions, but now we have the best TITO kiosk.”
FABI eliminates casinos having to spend $70,000 to $90,000 on a dedicated jackpot kiosk, Rabito said. The FABIKiosk can process jackpot payouts that can be completed in about three minutes rather than the 15 to 25 minutes on others. All tax forms are created in one transaction.
“FABI’s goal over the next two years is to be the dominant TITO-kiosk provider in the industry,” said Rabito. “FABI has always been the technology leader and we feel this goal is very attainable.”
It’s an exciting time for FABI and Rabito said everything his company designs, engineers and builds will always be uniquely different in a game-changing way.
