Elixir Gaming Wins Summary Judgment on all Claims in Shuffle Master Patent Litigation

Las Vegas, NV & Macau – February 4, 2008 - Elixir Gaming Technologies, Inc. (AMEX:EGT) (“Elixir Gaming” or “the Company”) (formerly known as Vending Data Corporation) today announced that the U.S. District Court For The District Of Nevada has granted its motion for summary judgment on all patent infringement claims asserted by Shuffle Master Inc. (NASDAQ Global Select Market: SHFL) (“Shuffle Master”) with respect to U.S. Patent No. 6,665,684 (the '684 patent) dealing with automated shuffler technology.

In 2004, Shuffle Master brought this action against the Company seeking to enjoin the Company from selling its new shuffler. Shuffle Master obtained a preliminary injunction against the Company and posted a $3 million bond to secure the Company against harm in the event that the preliminary injunction was erroneously granted. On December 27, 2005, the United States Court of Appeals for the Federal Circuit held that the preliminary injunction had been erroneously granted. Accordingly, the Federal Circuit vacated the preliminary injunction and remanded the case to the District Court for further proceedings. The District Court now has granted summary judgment in the Company's favor and against Shuffle Master on all claims in the case. The District Court's order found that the Company did not infringe Shuffle Master's patent, either literally or under the doctrine of equivalents. Although the District Court's order is subject to appeal by Shuffle Master, Elixir Gaming believes that the order likely ends Shuffle Master's attempt to preclude the Company from selling its automated shuffler technology in competition with Shuffle Master. Elixir Gaming intends to seek recovery from Shuffle Master of $3 million on the preliminary injunction bond, which remains outstanding, as well as the Company's legal fees. Lead outside counsel for Elixir Gaming are Kimball R. Anderson and Eric J. Marcotte, of Winston & Strawn LLP.

Gordon Yuen, Executive Chairman and CEO of Elixir Gaming, commented, “I commend our internal and external legal teams for their tireless and successful defense of this ongoing litigation with Shuffle Master. When Shuffle Master wrongfully attempted to bar the Company from competing with Shuffle Master, we were forced to defend ourselves so as to protect the interests of our customers and shareholders. We intend to immediately and vigorously pursue Shuffle Master for the harm caused to our company and its shareholders.”

About Elixir Gaming Technologies, Inc.

Elixir Gaming Technologies Inc. (“Elixir Gaming”) is a member of Elixir Group, an innovator of gaming technology solutions and a wholly owned subsidiary of Melco International Development Limited. Elixir Gaming, in collaboration with Elixir International (which is also a member of Elixir Group), secures long-term contracts to provide comprehensive turn-key solutions to 3, 4 and 5 star hotels, cruise ships and other well-located venues throughout Asia that seek to offer casino gaming products. Elixir International assists the venue and venue owner with the licensing and regulatory process, physical casino design, construction management, slot and game floor design layout purchases the gaming machines and systems from the industry’s leading gaming equipment suppliers and installs the gaming machines and systems such that the casino is delivered in a fully operational state. Elixir Gaming retains ownership of the gaming machines and systems and receives recurring daily fee of at least 20% of the net gaming win per machine and provides on-site maintenance. The Company has established a strategic presence in the Asia Pacific region with participation contracts in the Philippines, Cambodia, Vietnam and other Asian markets. For more information please visit www.elixirgaming.com.   

About Elixir Group

Elixir Group is an important strategic component of Melco International Development Limited’s gaming and leisure entertainment focus. Elixir Group holds the distinction of being a “home-grown” brand: a full-fledged game manufacturer based in Asia – designing, developing and supplying gaming machines and technology solutions (surveillance, LEDs, ATMs) for the Asian market. With gaming research and development centers in Macau and the Philippines, proximity to key growth markets provides Elixir Group with competitive advantages. As a pioneer in the competitive Asian gaming market, Elixir Group, through its wholly-owned subsidiary, Elixir International, has consistently delivered exciting solutions, expert sales advice and professional gaming support. Elixir International has forged alliances with leading gaming and technology companies and by accessing its partners’ manufacturing capabilities is able to focus entirely on innovative product design and customer service. Elixir International has also secured several strategic agreements in the provision of gaming technology infrastructure for various gaming concession holders in Macau.

Forward Looking Statements

This press release report contains forward-looking statements concerning Elixir Gaming Technologies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include the Company's expectations, beliefs, intentions and strategies regarding the future. Such forward-looking statements relate to, among other things: (1) the Company’s beliefs concerning Shuffle Master’s chances of success on appeal should it choose to appeal the District Court’s order; (2) the Company’s chances of recovering some or all of the $3 million bond posted by Shuffle Master; (3) expectations for the business relationship between Elixir Gaming Technologies, Elixir Group and Elixir International, including the recurring revenue that may develop from the relationship with Elixir Group and/or Elixir International; and (4) the Company’s expectations for future product revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, risks related to (1) Shuffle Master’s ability to overturn the District Court’s order on appeal and pursue further the litigation; (2) the Company’s inability to recover a significant portion of the $3 million bond; (3) Elixir Group’s inability to place gaming machines at significant levels; and (4) Elixir Group's ability to place games that generate the expected amount of net-win. Elixir Gaming Technologies cautions readers not to place undue reliance on any forward-looking statements. Elixir Gaming Technologies does not undertake, and specifically disclaims any obligation, to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

CONTACT:
Richard Land, Dave Jacoby
Jaffoni & Collins Incorporated
212/835-8500; egt@jcir.com                               

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