Aristidis Tsikouras, Managing Director, GeWeTe. Interview By Peter White
Continental casinos seeking an end-to-end solution for cash handling often as not turn to GeWeTe, a German-based firm with a wide European reach—and ambitions in the North American sphere as well. The company began modestly enough, making change machines 27 years ago. GeWeTe saw an opportunity within the casino industry, where the change person on the floor used to be omnipresent. GeWeTe’s change machines rendered that function largely superfluous, freeing up casino staff for other customer interactions. The company’s technology gradually evolved to enable debit-card transactions and hopper refills. Under the direction of founder Aristidis Tsikouras, GeWeTe captured 75percent of German market share and began marching toward domination of the European Union.
