this is the big news i have been waiting for.

I hold a good amount of shares in this stock. This is the news I've been waiting for. Tech stocks promise contracts and developments but there's many a slip 'twixt the cup and the lip. The long processes of visits to Australia by the Casino operators and the innumerable attendances and setting up office in the USA all come down to this. At one stage shareholders feared a last minute regulatory or technical hitch.

Here it is, the Jackpot is switched on and up and running.



Leading gaming technology company eBet Limited (ASX: EBT) (“eBet”) today announced its has launched its Maximillion$ Wide Area Link Progressive Jackpot System in California, USA in both Pechanga Casino & Resort and Soboba Casino. Maixmillion$ is linked initially to 76 Slots machines as the initial “Go Live” rollout. Managing Director Mr Tony Toohey said that the launch of the Maximilion$ Wide Area Link Progressive Jackpot System in California, was a significant company milestone. These operations will generate significant cashflows for the company and provide further recurring revenue opportunities in the United States and other International markets. Early indications on machines performance and Maximillion$ Jackpot hit rates are extremely positive and encouraging. The establishment and commencement of operations demonstrates eBets’ capacity to implement sophisticated wide area systems around the world. Mr Toohey said that not only is this a company first but, to eBet’s knowledge, eBet is the first of any listed Australian company to operate an International Wide Area Progressive Jackpot System. Mr Toohey said that expanding the Link across additional machines at Pechanga and Soboba will commence over the coming weeks. The goal is to add additional casinos in the near future. Mr Toohey noted that the Casino Gaming operations at Pechanga and Soboba are both larger in size than Star City Casino in Sydney. About eBet eBet Limited is listed on the ASX (Symbol: EBT) with operations and contractual arrangements in Australia, New Zealand, Greece, Singapore, the Philippines and the USA. eBet develops and markets a range of networked solutions for gaming machines. It is one of the world’s largest gaming systems companies with more than 450 customers who collectively operate more than 40,000 gaming machines. Its card-based cashless gaming systems, player tracking and loyalty systems and data management solutions are installed in leading gaming venues in Australia, New Zealand, the Philippines and Singapore. eBet also develops and supports Internet-based wagering systems for licensed gaming operators in international markets. Its key customers are the New Zealand TAB and Penn National Gaming Inc. (NASDAQ: PENN).