Progressive Gaming's Rapid Bet Live™ Awarded Product of the Year by Casino Journal®
LAS VEGAS--(BUSINESS WIRE)--Dec. 4, 2006--Progressive Gaming International Corporation's (NASDAQ:PGIC) Rapid Bet Live™ product has been awarded Product of the Year for 2006 by Casino Journal magazine. Andy Holtman, Editor, states, "Without hesitation, Casino Journal gives its nod to Progressive Gaming for the most innovative and exciting product of 2006 - Rapid Bet Live."
 Introducing Rapid Bet Live™, Progressive Gaming's latest real-time sports book wagering solution. Rapid Bet Live is a real-time betting module used with Primeline that allows patrons to place live action wagers (intra-game wagers) on various betting options that run throughout an entire sporting event.
Typically, 30 to 50 wagers are offered on an individual sporting event with automatic refreshing of the user interface. Betting options change depending on the sport that is viewed.
Betting options may include:
- Betting on the opening drive during NFL opening weekend
- Which team will make the next three pointer during an NBA playoff game
- What will happen during the next at bat of the World Series
- Who will score the next goal during an NHL game
More volume, more revenue – Rapid Bet Live is a new and dynamic asset for sports betting venues that offers strong volume and greater hold percentage potential than traditional sports books.
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