Progressive Gaming Reiterates Its Position Regarding Litigation and Financial Strength

Progressive Gaming Reiterates Its Position Regarding Litigation and Financial Strength

Progressive Gaming International Corporation (NASDAQ: PGIC – News; the “Company”), a leading provider of content and technology used in the gaming industry worldwide, issued a press release to provide context to recently published media items regarding its financial strength.

As mentioned in previous disclosures, the Company does not expect any cash disbursements in fiscal 2007 related to the previously disclosed Webb litigation, other than normal legal defense costs, and believes it will prevail in its post trial motions in the case. Accordingly, the Company’s financial outlook remains unchanged.

The media items published specific excerpts related to the Company’s risk factors disclosed in its Form 10-K for the year ended December 31, 2006. Risk factors are required to be included in public filings and should be considered in the full context of all public disclosures including, but not limited to, quarterly reports, earnings releases, conferences calls and press releases.

Heather Rollo, Chief Financial Officer of Progressive Gaming stated: “We remain confident in our legal, financial and strategic position as outlined in our recent press announcement, quarterly conference call and FAQ posted on our website. As mentioned in previous disclosures, we believe the Company is on track to strengthen its balance sheet and return to profitability. We remain in good standing with our lenders, gaming regulatory agencies and other key stakeholders.”

About Progressive Gaming International

Progressive Gaming International is a leading supplier of integrated casino and jackpot management solutions for the gaming industry worldwide. This technology is widely used to enhance casino operations and drive greater revenues.

Progressive Gaming is unique in the industry in offering casino management and progressive systems in a modular yet integrated solution. Products include multiple forms of regulated wagering solutions in wired, wireless and mobile formats. There are Progressive Gaming products in over 1,000 casinos throughout the world. For further information, visit www.progressivegaming.net.

Safe Harbor Statements under The Private Securities Litigation Reform Act of 1995: Except for historical information, this release contains certain forward-looking statements about Progressive Gaming International Corporation including that the Company does not expect any cash disbursements in fiscal 2007 other than normal legal defense costs, that the Company expects to prevail in its post trial motions in the Webb litigation, the Company’s belief that it is on track to strengthen its balance sheet and return to profitability. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the overall industry environment, customer acceptance of the Company’s new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of privileged operating licenses by governmental authorities, competitive pressures and general economic conditions as well as the Company’s debt service obligations. For a discussion of these and other factors which may cause actual events or results to differ from those projected, please refer to the Company’s most recent annual reports on Form 10-K and quarterly reports on Form 10-Q, as well as other subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance on any forward-looking statements. The Company does not undertake, and specifically disclaims any obligation, to update or revise any forward-looking statements to reflect new circumstances or anticipated or unanticipated events or circumstances as they occur.

©2007 Progressive Gaming International Corporation®. All rights reserved.

Contact:
Progressive Gaming International Corporation
Heather A. Rollo, 702-263-2583