Pursuant to final approval of the G3(TM) system by the NGCB
, DEQ will receive a one time royalty payment of US$1 million from Station Casinos, as per the five year patent licensing agreement announced on April 26, 2007.
VirtGame has already received approval from the NGCB
for its PrimeLine Sports Book, which is installed and being used at a number of Nevada casinos.
VirtGame has already received approval from the NGCB for its PrimeLine Sports Book(TM), which is installed and being used at five Nevada casinos.
We are encouraged by the progress we have made towards attaining NGCB approval for our race book.
Separately, the Company also announced the NGCB approved the Company's subsidiary, PDS Financial Corporation - Nevada ("PDS-NV"), as a slot machine route operator.
The recommendations by the NGCB allow the Company to begin marketing the Digital 21(TM) game and to separately begin offering the participation finance options to casinos in Nevada, subject to the Nevada Gaming Commission's final decision.
The recommendation by the NGCB
allows the Company to begin marketing the game and operating system to casinos in Nevada, subject to the Commission's final decision.
The Three Stooges game was submitted to the Nevada Gaming Control Board (NGCB) in late August, and the King received final approval by the NGCB yesterday.
The King continuous multi-deck shuffler received final approval from the NGCB and was recently approved in Mississippi.