Agreement Brings Immediate International Distribution of Amazing New
Technology
LAS VEGAS, Oct. 16 /PRNewswire/ -- Las Vegas Gaming, Inc. has entered
into an exclusive agreement with Octavian International and its
distribution division OctaSupplies. Under terms of the agreement, Octavian
will distribute LVGI's incredible new technology, PortalVision, in several
international territories including Australia, China, Eastern Europe,
Russia and South America.
PortalVision enables casino, lottery and slot operators to dramatically
increase productivity of gaming machines by delivering additional real-time
wagering opportunities, promotions, games and other content on existing
machines.
LVGI President and Chief Marketing Officer Stephen Crystal said, "The
agreement with Octavian provides for immediate international distribution
of the PortalVision product with a proven distribution partner in
Octavian."
LVGI and Octavian plan to show jointly at November's Global Gaming Expo
and at January's International Casino Exposition, as well as other
international trade shows in 2007.
About Las Vegas Gaming, Inc.
LVGI is a game-management system operator, supplier and game designer
specializing in keno, bingo and lottery products. It is the licensed
operator of the Super Bonanza Bingo Progressive and the Million Dollar
Ticket and the highly acclaimed linked and progressive lottery-style keno
game Nevada Numbers. LVGI is on file with the Securities and Exchange
Commission. The company holds more than 50 gaming licenses in14 states. For
more information about LVGI, visit http://www.lvgi.com.
About Octavian International
Octavian International is an international provider of networked gaming
solutions, serving casino, AWP (Amusements With Prizes), Lotteries and
emerging gaming markets worldwide. Its industry-leading software-based
solutions include OctaSystems, a Flexible ACP (Accounting, Control,
Progressives) gaming business management system; OctaGames, high quality,
business-building creative games content and games-related innovations; and
OctaSupplies, a distribution division operating under the trading name CATS
(Casino and Amusement Technology Supplies).
Forward-looking Statements
All statements included in this press release, other than historical
information or statements of historical fact, are forward-looking
statements. These statements fall within the meaning of Section 27A of
Securities Act of 1933, as amended, Section 21E of the Securities Exchange
Act of 1934, as amended, and the Private Securities Litigation Reform Act
of 1995, including statements regarding any expected financial position,
business and financing plans. Some of the forward-looking statements can be
identified by the use of forward-looking terms such as "believes,"
"expects," "may," "will," "should," "could," "seek," "intends," "plans,"
"estimates," "anticipates," or other comparable terms. Forward-looking
statements involve inherent risks and uncertainties which could cause
actual results to differ materially from those in forward-looking
statements contained herein. For more information on the potential factors
that could affect the Company's financial results and business, please
refer to the Company's filings with the SEC including Annual Reports on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Contacts:
For LVGI For Octavian
Paul Speirs Helen Hedgeland
Steinbeck Communications Octavian International Ltd.
+1 702-413-4278 +44 1483 543543
paulspeirs@cox.net H.Hedgeland@octavianonline.co.uk
SOURCE Las Vegas Gaming, Inc.
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Related links:
http://www.lvgi.com
CONTACT:
Paul Speirs of Steinbeck Communications,
+1-702-413-4278, paulspeirs@cox.net, for Las Vegas Gaming, Inc.;
or Helen Hedgeland of Octavian International Ltd., +44 1483
543543, H.Hedgeland@octavianonline.co.uk
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