BMM forecasts record EBITDA performance In 2011
BMM Global CEO & President Martin Storm announced today that BMM was enjoying its best ever financial performance in 2011. Operating from twelve countries, BMM is one of only two private test labs providing product certifications for gaming manufacturers globally.
“BMM is growing at an impressive rate with significant year-on-year EBITDA growth. Just seven and a half months into 2011 BMM surpassed its 2010 EBITDA performance (that was our second best performance ever). There is no doubt that 2011 will deliver a record financial performance,” said Storm.
“We have achieved major wins in every market and expanded our market coverage in line with new jurisdictional openings, worldwide. Importantly, the largest manufacturers continue to bring more of their business to BMM. These outcomes are particularly satisfying in BMM’s 30th anniversary year,” continued Storm.
“Recently, BMM has won several important RFP’s in North America including contracts in Ohio, Illinois and with the Atlantic Lottery Corporation (ALC). Clearly there is a great deal of support and confidence with BMM in North America, as customers experience a new level of service and commitment to quality that BMM offers” said Storm.
“This support and confidence has translated into real growth at BMM and key leadership hires in North America with the recent additions of Mike Dreitzer as COO, Alisha Ray as VP Compliance and Travis Foley as VP Operations to run our lab. Having both Travis and Rich Williamson, the 30-year gaming lab and regulatory veteran from New Jersey and Pennsylvania, brings the highest level of compliance leadership in the North American gaming testing market,” concluded Storm.