09-09-2006 Rapid Bet Live receives approval to begin live field trial in Nevada

The Nevada Gaming Control Board's Technology Division has approved the first installation of the "wireless" version of Rapid Bet Live for a live field trial at the Palms Hotel and Casino in Las Vegas.

Rapid Bet Live allows live wagering throughout the entire course of a sporting event. The developer, Progressive Gaming International, received regulatory approval to distribute the "wired" version earlier this year. The "wireless" version will give patrons the flexibility of placing wagers on a mobile device from specific networked areas in the casino as well as playing from fixed terminals within the sports book.

"We believe casino operators' sports books will benefit from implementing both the 'wired' and 'wireless' versions of Rapid Bet Live by creating an exciting new sports book experience which will lead to incremental revenue growth opportunities," said Progressive Gaming CEO Russ McMeekin.

In separate news, FortuNet is the latest technology company, after IGT and Cantor, to win the approval of the Nevada State Gaming Control Board to become an operator of mobile gambling devices. The bingo device manufacturer said it will adapt its portable bingo devices to play other games.