LAS VEGAS, Nevada -- Progressive Gaming International Corporation (NASDAQ: PGIC), a leading provider of technology products and services used in the gaming industry worldwide, announced today it received
World Series of Poker Texas Hold'em game by Progressive Gaming is approved in Nevada. regulatory approval in Nevada for exciting new ways to play its World Series of Poker® Texas Hold 'Em Bonus® table game: World Series of Poker® Bad Beat Progressive Texas Hold 'Em Bonus and World Series of Poker Progressive Texas Hold'em.
These new progressive games are based on the popular World Series of Poker Texas Hold 'Em Bonus game. The addition of a progressive side wager offers patrons the ability to experience the same exciting style of play and have a chance of winning a "life changing" progressive payout. With more than 100 current placements of the game installed in Nevada, operators throughout the state are poised to capture increased revenue opportunities by upgrading their existing games to the progressive version. Additionally, it is anticipated that new game placements will occur thereby providing increased contribution to the large progressive jackpots.
The World Series of Poker Texas Hold 'Em Bonus Progressive Editions will leverage Progressive Gaming's Casinolink® Enterprise Edition's Casino Jackpot System(TM) technology for table games.
The World Series of Poker is owned by Harrah's Licensing Company, LLC, an affiliate of Harrah's Entertainment, Inc., the world's largest casino entertainment company.
"We are pleased with the progress and performance of the World Series of Poker Texas Hold 'Em Bonus felt games and now we are very excited about the progressive versions," said Gerry Tuthill, Corporate Vice President of Table Games at Harrah's. "As a casino operator and brand licensor, we are very enthusiastic about the opportunities that the World Series of Poker brings to the various partnership projects we have with Progressive Gaming."
Russ McMeekin, President and CEO of Progressive Gaming, stated, "With the success of our previously released game incorporating the World Series of Poker brand on our Texas Hold 'Em Bonus game, and the continued success of the live World Series of Poker event, we are very excited about the extension of our licensed product offerings. With the popular TV ratings of the World Series of Poker events and the popularity of the existing felt version of our game we expect to see strong performance beginning in 2007 from this recent approval. This approval allows us to commence upgrading or placing new games using the progressive version immediately in one of the largest gaming jurisdiction in the world."
|Progressive Gaming (NASDAQ: PGIC) is a leading, diversified supplier of gaming equipment and systems to the international gaming industry. Progressive Gaming solutions are found in every major casino in the world and include: progressive jackpot technology, an expanding range of slot and table games, and advanced player tracking technology.|
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