Progressive Gaming International Q4 2007 Earnings Call Transcript

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2008-02-19 13:14:07.0

Tags: Progressive Gaming International Corp.

Question-and-Answer Session

Operator

(Operator Instructions) Our first question comes from the line of Eric Wold with Merriman Curhan Ford please proceed.

Eric Wold – Merriman Curhan Ford & Co.

Good morning, a couple quick drill down questions on the guidance in and want Fall and Winter for that. On the early revenue guide to 80 to 90 million you stated that you were hitting the high end requires some countries from the new prior to surveys, can you give a sense kind of what the guidance would be if you completely took that out of your thinking’s?

Russ McMeekin

It’s in that presentation that Heather referred to in the presentation. What we’ve done Eric is three segments are the low end and the high end and if you add up the on the low end of poker and sports it’s zero and on the high end it would be about $2 million of revenues from those initiatives largely in the second half but not all in the second half. But the good news, most of the products already approved in the customer locations are defined. There’s about $2 million to hit the high end. But, there is a range on the slots and tables if you look at the presentation as well that gives you the fidelity to get to the 80, 90.

Eric Wold – Merriman Curhan Ford & Co

Okay, perfect and then on the – I know you are reframing from breaking out CJS and Casino Link anymore but obviously Nevada should be a big driver this year as that ramps up. Give a sense of the Casino Link or the Slot Management placement for this year. How much is dependent on Nevada and how much is outside of Nevada.

Russ McMeekin

At the low end very little, at the mid to high end some. If you’re asking me I have been conservative with Nevada, the answer is yes. We can update that later this year as we get more traction. We now have as you know a contract with all the major operators in the state. The state is certainly looking to CJS because most of these operators has CJS or Casino Link running in other jurisdiction. They are looking to this as issue for this year but we are going to be cautious about being bullish about Nevada until later on this year.

Eric Wold – Merriman Curhan Ford & Co

 

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