LAS VEGAS, Sept. 13 /PRNewswire-FirstCall/ --
Innovative Gaming Corporation of America (Nasdaq: IGCAD) -- Forget everything
you know about video poker. The game is about to change... for the better.
Innovative Gaming's new 3-Hand Poker(TM) is a multi-hand, multi-coin, video
poker game, and the most exciting new video poker creation to hit the casino
floor in years.
3-Hand Poker is set to make its world premiere at the upcoming Global
Gaming Expo (G2E) in Las Vegas, September 17-19. The game is similar to the
video poker games players have loved for years, but 3-Hand Poker's fun and
challenge begin where other video poker games leave off. In 3-Hand Poker,
players have the option to play up to three hands within a standard five-card
draw poker game drawn from a common 52-card deck. The uniqueness of 3-Hand
Poker lies in the fact that besides the standard five-card hand, two
additional three-card hands can be played simultaneously.
"This is the most exciting product we have ever developed," said
Innovative Gaming President and CEO Laus M. Abdo. "3-Hand Poker gives video
poker players more fun and more challenge than regular video poker, because
the game is more interactive. Strategy plays as big a role as luck, and the
people who have previewed the game love it."
The game features five cards, and the first hand consists of all five
cards. The second hand consists of the three cards furthest left. The third
hand consists of the three cards furthest right, with the center card being
common to both second and third hands. Each hand has its own unique paytable,
and players can wager up to five credits per hand on a maximum of three card
hands for a total of 15 credits wagered.
Because it is easier to draw winning three-hand combinations from five
cards, the hit frequency of winning combinations is increased. The magic of
3-Hand Poker is that while the player enjoys more wins, the overall hold is
not affected.
Created by iC2 and licensed to Innovative Gaming for development and
release, 3-Hand Poker will be available in 6 varieties: Bonus 4 of a Kind,
Jacks or Better, Double Bonus, Double Double Bonus, Bonus Deluxe and Double
Jackpot. Each variety will be on display in Innovative Gaming's booth (Booth
139) at G2E. 3-Hand Poker has been submitted to Gaming Laboratories
International, Inc. for approval for sale in Indian casinos and will be
submitted for Nevada approval in early October.
Innovative Gaming Corporation of America, through its wholly owned
operating subsidiary, Innovative Gaming, Inc., develops, manufactures and
distributes fast playing, high-entertainment gaming machines. The Company
distributes its products both directly to the gaming market and through
licensed distributors.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995: Except for historical information, the forward looking matters
discussed in this news release are subject to certain risks and uncertainties,
including but not limited to issuance of additional convertible notes, the
continued listing of Company's common stock on NASDAQ, the Company's
liquidity, as well as other risks indicated from time to time in the Company's
filings with the Securities and Exchange Commission, such as the Company's
Form 10K for the fiscal year ended December 31, 2001. The Company assumes no
obligation to update or supplement forward-looking statements that become
untrue because of subsequent events.
A registration statement relating to certain securities of the Company has
been filed with the Securities and Exchange Commission but has not yet become
effective. These securities may or may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes effective. This
press release shall not constitute an offer to sell or the solicitation of an
offer to buy nor shall there be any sale of these securities in any state in
which such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.
For further information, please contact: IGCA Investor Relations, Jens
Dalsgaard, Managing Director of Redwood Consultants, LLC, +1-415-884-0348; or
Laus M. Abdo, President, CEO and Chief Financial Officer of Innovative Gaming
Corporation of America, +1-702-614-7199.
SOURCE Innovative Gaming Corporation of America
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Related links: http://www.igca.com
CONTACT: IGCA Investor Relations, Jens Dalsgaard, Managing Director of Redwood Consultants, LLC, +1-415-884-0348, for Innovative Gaming Corporation of America; or Laus M. Abdo, President, CEO and Chief Financial Officer of Innovative Gaming Corporation of America, +1-702-614-7199
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