LAS VEGAS, April 8, 2011 /PRNewswire/ -- American Wagering, Inc.: (OTC Bulletin Board: BETM), a leading sports wagering service and technology provider, announced today that the Nevada Gaming Control Board informed the Company that its field trial is completed and it can now move forward with full deployment of their Leroy's® APP© for Android operating system. The approval allows the Company to immediately move forward into the fastest growing segment of the smartphone industry.
"We are very happy that the Nevada Gaming Control Board approved our latest release for the Android phones. This is the second successful field trial that we have completed. The Leroy's® APP© is two for two. We are committed to being the leader in smartphone sports betting technology and we just took a big step forward with today's field trial completion," stated Vic Salerno, CEO and President, of American Wagering Inc.
A field trial is a standard practice for new technology and provides a timeframe for the regulators to review the product to ensure that it is suitable for distribution to the public. The new Leroy's® APP© for Android passed the field trial period and the company can now move forward with the numerous different Android smartphone models on all four major phone carriers.
American Wagering has been featured on television, in the news, and has made a huge impact on the gaming industry with their innovative mobile betting technology. Currently only available for sports betting in Nevada the Company says the technology has many other uses and benefits that will be pursued as they move forward.
"Once again we have shown to our state gaming regulators that we can and will deliver secure and practical solutions for mobile wagering. We are thrilled that they have allowed us to move forward with Android," stated John English, Senior Vice President of American Wagering. "Unlike others, we do not announce a product without having it ready for the market place," added English.
"We have also asked the Nevada Control Board for approval of our first new tablet application on Android. The graphics are vivid and the app just looks great on these devices. The beauty of the tablet is once approved, like the phone, it can be used anywhere in the state and you don't need to be in the casino. Its going to have all of our same features like in game betting and propositions and we have a lot more screen real estate to work with," further added Salerno.
The Company has already begun marketing the Leroy's® APP© for Android phones and has developed interfaces for the tablets as they are developed. Its expected there will be many different options available in both Android smartphones and tablets such as size, shape, manufacturers, etc.
"The Leroy's® APP© is a great fit on the Android operating system. There will be many options in both tablets and phones that will be cost effective and user friendly. We have been testing them here at the office and we just love the feel and the ease of using these devices. This is a huge step forward for us and we are just getting started. We have our iPhone and iPad applications in the works as well as the new Windows models," added English.
The Company expects to be available soon in the Android Marketplace and in BlackBerry's App World for easy access to download. For more information the Company has a list of account sign up locations and step by step instructions on their website at www.Leroys.com
ABOUT AMERICAN WAGERING, INC.:
American Wagering, Inc. is a publicly-traded company that primarily operates through wholly-owned subsidiaries including Leroy's Horse & Sports Place, Inc. ("Leroy's"), Computerized Bookmaking Systems, Inc. ("CBS"), AWI Manufacturing, Inc. ("AWIM"), and AWI Gaming, Inc. ("AWIG").
Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves American Wagering, Inc.'s expectations, plans, intentions, or other strategies regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. American Wagering, Inc. uses words such as "outlook," "will," "could," "would," "remains," "to be," "plans," "believes," "may," "expects," "intends," "anticipates," "estimates," "future," "plan," "positioned," "potential," "project," "remain," "scheduled," "set to," "subject to," "upcoming," and similar expressions to indentify forward-looking statements. Factors that could cause American Wagering, Inc.'s actual future results to differ material from those expressed in forward-looking statements set forth in this release include, but are not limited to, anticipated future sales or the timing thereof; the long-term growth and prospects of our business; the possible or potential legalization of sports wagering in other jurisdictions; the duration of unfavorable economic conditions which may reduce our product sales; and the long term potential of the mobile sports wagering device application market and the ability of American Wagering, Inc. to capitalize on any such growth opportunities; and the other factors indentified in the risk factors section in of the Company's most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to American Wagering, Inc. as of the date of this release and American Wagering, Inc. assumes no obligation to update any forward-looking statements. Forward-looking statements believed to be true when made may ultimately be proved to be incorrect. These statements are not guarantees of the future performance of American Wagering, Inc. and are subject to risks, uncertainties, and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.
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Contact: John J. English,
Vice President of Business Development and Public Affairs
SOURCE American Wagering, Inc.