Sanfilippo commented, "Our new approach to product development is resulting in solutions that provide immediate benefits for casino operators as reflected in the advanced capabilities of our TournEvent slot management system.
The financial performance of our Alabama charity operations has been impacted by both the location of our installed units at the largest facility in this market as well as the inability of our games to interact with this property's slot management system.
As of March 31, 2008, Progressive Gaming had an installed base of over 35,000 slot management systems in 5 Canadian Provinces, which reflected year-over-year growth of 12%.
Installation on Up to 1,500 Machines Represents Expansion into New International Market - LAS VEGAS -- Progressive Gaming International Corporation (NASDAQ:PGIC), a leading provider of diversified products and services used in the gaming industry worldwide, announced today that its Casinolink[R] Enterprise Edition has been selected as the exclusive slot management system at new casino developments in Chile.
CJS deployment in Nevada is expected to be an important driver of our anticipated slot management system and revenue growth over the remainder of this year as this approval by the Nevada Gaming Commission allows us to address the largest slot machine market in the world.
The 6% quarterly sequential growth was in line with the quarterly sequential growth achieved in the prior year period and reflects the normal seasonality in the Company's business in which the first quarter is historically the slowest period for new slot management system installations.
While the Company anticipates strong growth in 2008 for all slot management system modules, it is discontinuing the practice of breaking out the installed base totals for certain components of its slot management systems installed base as with the evolution of Casinolink Enterprise Edition, customers are increasingly deploying casino-specific applications of the system.
