Progressive Gaming International Corporation a leading provider of diversified products and services used in the gaming industry worldwide announced today that the Nevada Gaming Control Board's Technology Division has approved the first installation of the "wireless" version of Rapid Bet Live for a live field trial at the Palms Hotel and Casino in Las Vegas.
Rapid Bet Live allows live wagering throughout the entire course of a sporting event. The Company received regulatory approval to distribute the "wired" version earlier this year. The "wireless" version will give patrons the flexibility of placing wagers on a mobile device from specific networked areas in the
casino as well as playing from fixed terminals within the sports book. The wireless version will not allow patrons to access or place wagers on the Internet. Wagers will only be placed and accepted over the sports book's intranet--a local area network which employs a secured 802.11x method of communication.
Chief Executive Officer Russ McMeekin stated "this is a major milestone for our Company's wireless technology initiatives and sports betting products. We believe casino operators' sports books will benefit from implementing both the 'wired' and 'wireless' versions of Rapid Bet Live by creating an exciting new sports book experience which will lead to incremental revenue growth opportunities."
Executive Vice-President of Sales and Marketing Bob Parente stated that "based upon initial customer reactions in both Nevada and worldwide in those jurisdictions where sports wagering is legal, we believe the 'wireless' version of Rapid Bet Live will have great appeal due to it
2006-09-11