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Live mobile betting at Palms

31 October 2006

LAS VEGAS, Nevada -- (PRESS RELEASE) -- Progressive Gaming International Corporation (NASDAQ: PGIC) a leading provider of diversified products and services used in the gaming industry worldwide announced today that the Palms Hotel and Casino, host of the current live wager field trial for Rapid Bet Live Wireless, has begun accepting live wagers on mobile betting devices. A promotional event was held during last night's football game between the New England Patriots and the Minnesota Vikings. Rapid Bet Live allows live "in game" wagering throughout the entire course of a sporting event. Rapid Bet Live Wireless gives patrons the flexibility of placing wagers on a mobile device from a seat anywhere in the sports book or even at the bar. The networked perimeter has been initially configured to extend up to 125 feet from the betting windows for field testing purposes.

The Rapid Bet Live Wireless system was developed back in March of 2006 by a team of wireless and network engineers right after the "wired" version was approved. The product underwent rigorous security testing during the last five months by both the Company and the Nevada Gaming Control Board's Technology Division. The current live wager field trial could end in as little as thirty (30) days.

Chief Executive Officer Russ McMeekin stated, "This is the first product of its kind to be approved for a live wager field trial in Nevada. We are very excited about debuting our latest mobile sports wagering innovation in a wireless format at the Palms."

Jim Magner, Product Manager for Rapid Bet Live Wireless, stated, "We believe in a larger vision," indicating that wagering on cellular phones could be the next step. "In the future, we expect that technology will be able to provide regulators the necessary security for a patron to place wagers from outside the casino on a mobile device."

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