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HOME > NEWS > Daily News > Fortune Pai Gow Poker jackpot hit for over $500,000

Fortune Pai Gow Poker jackpot hit for over $500,000

1 August 2008

LAS VEGAS, Nevada -- (PRESS RELEASE) -- Shuffle Master, Inc. (NASDAQ Global Select Market:SHFL) announced today that the progressive jackpot on its Fortune Pai Gow Poker Progressive™ table game hit twice during July. The first jackpot payoff occurred at Thunder Valley Casino just outside of Sacramento, California, where a Northern California player was awarded over $500,000 after receiving a seven-card straight flush and hitting on the side bet. The second jackpot payout was awarded at the Rampart Casino in Las Vegas, where a Nevada player received over $70,000 and became the casino's second player to trigger the progressive jackpot since the game went live in April.

As the first progressive table game released since Shuffle Master acquired Progressive Gaming International Corporation (PGIC)'s Table Game Division in September 2007, Fortune Pai Gow Poker Progressive™ allows players to make a small progressive wager in addition to their standard Pai Gow Poker wager to be eligible to win a progressive jackpot in addition to their odds payouts. The top hand in the game, a seven-card straight flush, pays 8,000 to 1 and 100% of the jackpot. Since the game's introduction in late calendar 2007, the Company has 168 Fortune Pai Gow Progressive™ tables installed or pending installation. The Company has recently begun installing progressives on several of its other popular titles, including Three Card Poker® and its Royal Match 21™ Blackjack side bet.

Mark L. Yoseloff, Ph.D., Shuffle Master Chairman and Chief Executive Officer commented that, "Since we began installing the progressive version of our popular Fortune Pai Gow Poker proprietary table game late last year, the enhanced game has rapidly become a staple product in a growing number of casinos throughout North America. Additionally, its increasing installed base and performance is an excellent example of the validity of our strategic initiative of adding value to our existing games in the field."

 
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