MGAM news after the bell:
TULSA, Okla.--(BUSINESS WIRE)--Jan. 14, 1997--Multimedia Games Inc. (NASD: MGAM) announced today the signing of a contract with the Upper Skagit Indian Tribe to install the company's fast action high-stakes MegaMania bingo game at Harrah's Skagit Valley in Bow, Washington. Pursuant to the contract, the company has installed 24 units at the Harrah's facility.
The company also announced a contract to install an additional 24 MegaMania units at the Lucky Eagle gaming facility at Rochester, Washington, owned and operated by the Confederated Tribe of the Chehalis Indians. These 24 units are in addition to the 24 units previously disclosed and will bring the total number of units at the Lucky Eagle facility to 48.
Gordon Graves, chairman and chief executive officer of the company, said, "We are thrilled at the opportunity to install our machines at a facility operated by an organization like Harrah's. The Harrah's contract and the additional units to be installed at the Lucky Eagle gaming facility, give testament to the popularity of MegaMania and the impact it is having on Indian gaming facilities."
Multimedia Games Inc., through its wholly owned subsidiary, MegaBingo Inc., has exclusive contracts with over 50 Indian nations to provide linked games that are integrated among multiple halls. Multimedia Games Inc. is the nation's leading provider of linked high-stakes bingo games, electronic based bingo games and data processing services and products to the Indian gaming industry.
CONTACT: Multimedia Games Inc. Gordon Graves or Fred Roll, 800/726-2494
REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or 800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473
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