KONAMI CORPORATION, a parent company of Konami Gaming, Inc., a leading global provider of slot machines and casino management systems based in Las Vegas, will donate $1 million to the University of Nevada, Las Vegas (UNLV), announced Kagemasa Kozuki, Chairman of the Board and President of KONAMI CORPORATION.
“Based on the success of our Gaming & System Business in the U.S. market, we will give back to the community where we operate and donate $1 million to UNLV for school programs and an endowment sum on behalf of Konami Gaming, Inc.”, said Mr. Kozuki.
"We are deeply grateful for the generosity and support of KONAMI," said UNLV President Neal Smatresk. "With this focused investment in our gaming management program—including the formation of a scholarship endowment that will benefit students in perpetuity—KONAMI has become a valued partner in maintaining high-quality academic programs and student support in our hotel college."
After a Corporate Officers' meeting on July 15, 2010, the proposal for the donation passed unanimously and the distribution of the funds among the school’s programs was decided.
A $50,000 portion of the sum will be designated to the UNLV Foundation Annual Fund for a five-year membership in the Academic Corporate Council (ACC) Annual Giving program. The ACC program works to invest in increasing possibilities for students and to help recruit top faculty, implement new programs, and provide the tools needed for educational work.
$450,000 of the donation will be distributed to an unrestricted expendable KONAMI Gaming Fund for the William F. Harrah College of Hotel Administration. The money will work towards the betterment of programs for students, faculty and staff within the college.
Lastly, $500,000 will be placed in an endowment, to be known as the KONAMI Gaming Endowment Fund for Gaming Management Student Professional Development within the William F. Harrah College of Hotel Administration.
KONAMI CORPORATION is active in its philanthropic efforts through its related foundation. The Kozuki Foundation was established by Kagemasa Kozuki in 1982, the Kozuki Foundation for Sports and Education is under the jurisdiction of Japan’s Ministry of Education, Culture, Sports, Science and Technology. The Foundation has contributed to promoting and developing sports, educational and cultural activities for more than 25 years. It is committed to making a greater social contribution while seeking to offer programs that meet the needs of the times. Kagemasa Kozuki has been heralded as a Hero of Philanthropy by Forbes magazine for the Foundation and its numerous donations.
About Konami Gaming, Inc.
Konami Gaming, Inc. is a Las Vegas-based subsidiary of KONAMI CORPORATION (NYSE: KNM). The company is a leading designer and manufacturer of slot machines and casino management systems for the global gaming market. For more information about Konami Gaming, Inc., please visit http://www.konamigaming.com
About University of Nevada, Las Vegas
UNLV is a doctoral-degree-granting institution of 28,000 students and 3,300 faculty and staff. Founded in 1957, the university offers more than 220 undergraduate, master's and doctoral degree programs. UNLV is located on a 332-acre campus in dynamic Southern Nevada and is classified in the category of Research Universities (high research activity) by the Carnegie Foundation for the Advancement of Teaching.
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