VirtGame Sports Product Receives Nevada Approval
LAS VEGAS – (PRESS RELEASE) -- VirtGame Corp. (OTC Bulletin Board: VGTI), a provider of innovative gaming software solutions to the regulated gaming and lottery industries, announced today that its PrimeLine(TM) Sports Bet Express (SBX), the first sports route network in Nevada, received final approval from the State of Nevada Gaming Commission following a successful field trial conducted at Bally's Las Vegas, a Caesar's Entertainment, Inc. property.
Sports Bet Express is a private network established for sports wagering and is designed to permit players to remotely place sports betting wagers from licensed tavern locations in Nevada. The network employs VirtGame's PrimeLine(TM) sports book software to facilitate the placement of remote sports account wagers between patrons from these locations and participating licensed race and sports books located in major Nevada casinos. The SBX software provides the opportunity to bet through remote betting terminals on a variety of sporting events played around the world.
United Coin Machine Company, the largest slot route operator in the State of Nevada with approximately 8,400 gaming devices operating in 675 taverns, restaurants, supermarkets, drug stores and convenience stores, was a partner in the successful trial and will continue to work with VirtGame to deploy and install the SBX betting terminals.
Mark Newburg, VirtGame's CEO and president commented, "We are looking forward to United Coin's roll out of the SBX kiosks into many new route locations in Nevada. Several major Nevada casinos have expressed significant interest in the SBX sports route network. Our goal is to bring state-of-the-art technology and enhanced revenue opportunities to the casino operator and to provide players with more betting information and greater convenience when placing gaming wagers."