Progressive Gaming Receives Approval for Rapid Bet Live - Thursday 11th of May 2006

LAS VEGAS Progressive Gaming International Corporation (NASDAQ:PGIC), a leading provider of diversified technology and content products and services used in the gaming industry worldwide, announced today that it has received approval for its Rapid Bet Live (RBL) product from the Nevada Gaming Control Board. The Company successfully completed a 30 day field trial at the Palms Hotel and Casino (the Palms). RBL enables patrons to place live, real time-time wagers on professional and collegiate basketball, hockey, football, baseball and other sporting events. RBL is now commercially available to be distributed at race and sports books throughout Nevada.

In addition, the Company expects to submit to the Nevada Gaming Control Board for approval its wireless edition of RBL within the next two months. On March 23, 2006, the Nevada Gaming Commission approved the use of wireless gaming devices in Nevada, the first state in the nation to allow mobile, wireless gaming in public areas in casinos.

Executive Vice President of Sales and Marketing Robert Parente stated: "Obtaining approval for our first server-based wagering application is a watershed milestone for our team. The field trial at the Palms created better than expected interest from race and sports book operators throughout Nevada and from other international jurisdictions for regulated casino wagering markets. We believe the key business model objective of RBL was validated during the field trial which was to increase the volume of wagers and hold from traditional sports book levels."

Executive Vice President and Chief Technology Officer Thomas Galanty stated: "We are very pleased with the success of the recently completed field trial of RBL which we expect will provide us an excellent platform for the submission of the wireless edition. This is in direct parallel with our core technology strategy to deliver wagering applications and game content from a central server using thin-client technology for casino operators world-wide. Due to the success of the field trial with the first edition of RBL, we expect to operate the field trial for the wireless edition also at the Palms, which has one of the leading edge sport book operations in Nevada."

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