MGT's Daily Fantasy Sports Platform To Be Showcased with SHIFT Interactive at G2E 2014 in Las Vegas

HARRISON, N.Y., Sept. 24, 2014 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its daily fantasy sports online gaming platform will be featured next week at the Global Gaming Expo (G2E) in Las Vegas, Nevada from September 30th through October 2nd at the Sands Expo and Convention Center.  The MGT Sports platform (www.mgtsports.com) will be demonstrated as value-added content for an interactive video table being demonstrated by its manufacturer SHIFT Interactive, a division of Suzo-Happ (http://www.shiftinteractive.info/) at Booth #4233.

MGT Sports can customize a version of its popular DraftDay (www.draftday.com) software to permit branding by third parties, and also ensure the network integrity and player liquidity of the Company's full network of daily fantasy sports sites.  In addition to DraftDay, positioned as the 3rd largest operator in this burgeoning sector (based on player activity, guaranteed contest sizes, and similar metrics), the MGT Sports network includes FanThrowdown.com and VegasInsider.com.

Robert Traversa, MGT's Chief Financial Officer, stated, "The MGT Daily Fantasy Sports Network provides a risk free way for brands to enter the daily fantasy sports space.  Our technology team can create a 'white label' offering with the full feature set expected by gamers, and the compliance needs of operators."

SHIFT Interactive's new InteractivePro™ Table (IPT) offers a unique 10-point multi-touch experience suitable for a wide range of applications including video and interactive entertainment in bars, casino floors, and restaurants.  Each IPT allows up to four simultaneous user screens and comes in configurations of varying heights.  All are manufactured from industrial grade components, ensuring high reliability and suitability to withstand harsh public environments.

Darren White, Executive Vice President & General Manager of SHIFT Interactive, added, "We are excited to offer daily fantasy sports gaming through MGT Sports as a feature on our innovative product. We continue to develop new capabilities and solutions for our customers as a leading innovator of interactive technologies."

About MGT Capital Investments, Inc.

MGT Capital and its subsidiaries operate social and real money gaming sites online and in the mobile space, including ownership of the 3rd largest daily fantasy sports wagering platform, www.DraftDay.com.  The Company also offers games of skill through www.MGTplay.com and social casino games with SlotChamp™, and has created an online portal for fantasy sports news and commentary, www.FantasySportsLive.com.  In addition, the Company owns intellectual property relating to slot machines and has asserted its claims via patent infringement lawsuits.

About Suzo-Happ Group

Suzo-Happ provides highly engineered component solutions for interactive self-service hardware to the global amusement, gaming, industrial, transportation and vending markets by serving both equipment operators and original equipment manufacturers.  Suzo-Happ's solutions include control devices and systems, currency handling equipment, display solutions, environmental products, machine operation components and payment systems.  With approximately 700 global employees in 13 countries serving more than 25,000 customers worldwide, Suzo-Happ has manufacturing, engineering, distribution and service facilities in 13 countries globally.  More information is available at www.suzohapp.com  Suzo-Happ is owned by affiliates of ACON Investments, L.L.C., a Washington, D.C.-based private equity investment firm that has managed over $3.5 billion of capital.  For more information, visit www.aconinvestments.com.

Forward-looking Statements

This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." MGT's financial and operational results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the Company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.

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SOURCE MGT Capital Investments, Inc.