LAS VEGAS, Dec. 30 /PRNewswire/ -- PDS Financial Corporation
(Nasdaq: PDSF) today announced a delay in the closing of transactions with one
customer totaling approximately $6.4 million.  This will cause a postponement
of the recognition of profit on sales of gaming equipment and related
transaction fees which will negatively impact the December 31, 1998 quarterly
results by $.09 to $.11 per share.  As a result of the delay in these
transactions, coupled with an approximate 300-unit decline in sales of
reconditioned gaming devices in comparison to the prior quarter, the Company
will report a net loss for the quarter ended December 31, 1998.
    "While we believe the project will ultimately move forward, it will not
generate earnings for us in this quarter as we had originally anticipated,"
stated Johan P. Finley, President and Chief Executive Officer.  "While this
quarter's results are a setback to the Company, it should not overshadow the
tremendous growth in the business during this year."

    The Private Securities Litigation Reform Act of 1995 provides a "safe
harbor" for forward-looking statements.  Certain of the statements contained
herein, which are not historical facts, are forward-looking statements with
respect to events, the occurrence of which involve risks and uncertainties.
These forward-looking statements may be impacted, either positively or
negatively, by various factors.  Information concerning potential factors that
could affect the Company is detailed from time to time in the Company's
reports filed with the Securities and Exchange Commission.

    PDS Financial Corporation, with offices in Las Vegas and Minneapolis,
provides leasing and financing to the gaming industry, and supplies
reconditioned gaming devices to casino operators throughout the United States.
Since 1991, PDS has completed over $450 million in gaming finance transactions
and in 1996 introduced SlotLease, a specialized leasing program for slot
machines and other electronic gaming devices.  In mid-1997, the Company
established its reconditioned gaming device sales and distribution line of
business, PDS Slot Source, to complement its leasing and financing activities
and to generate equipment sales to casino operators.

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