Elixir Gaming Management to Participate in 2008 Gaming Investment Forum Held in Conjunction with G2E Show

Management Presentation on November 18 to be Webcast

LAS VEGAS--(BUSINESS WIRE)-- Elixir Gaming Technologies, Inc. (AMEX:EGT) announced today that its senior management team will participate in the 2008 Gaming Investment Forum on Monday, November 17 and Tuesday, November 18, 2008 at the Las Vegas Convention Center in Las Vegas, Nevada. The Company’s Chairman and Interim Chief Executive Officer, Clarence Chung, Senior Vice President Head of Operations, Tony Lam, Executive Vice President, Joe Pisano and Senior Vice President Corporate Finance, Traci Mangini will meet with institutional investors on both days of the Gaming Investment Forum and will also lead a presentation on Tuesday, November 18th at 10:00 a.m. PT that will be webcast live for all interested parties. The Gaming Investment Forum is jointly hosted by Deutsche Bank Securities and Goldman, Sachs & Co. and is held in conjunction with the Global Gaming Expo (“G2E”).

Please visit www.elixirgaming.com to access the presentation. After the conference, an archived version of the webcast will be available for one year at www.elixirgaming.com (select “Investor Relations”).

About Elixir Gaming Technologies, Inc.

Elixir Gaming Technologies, Inc. (AMEX:EGT) is a gaming technology solutions provider. Elixir Gaming secures long-term contracts to provide comprehensive turn-key solutions to 3, 4, and 5 star hotels and other well-located venues throughout Asia that seek to offer casino gaming products. Elixir Gaming retains ownership of the gaming machines and systems and receives recurring daily fees that average in excess of 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 a focus in the Philippines, Cambodia, and Vietnam. For more information please visit www.elixirgaming.com.

CONTACTS

Elixir Gaming:                                                                   Investors:
Traci Mangini                                                                    Richard Land, Dave Jacoby
SVP, Corporate Finance                                                   Jaffoni & Collins Incorporated
702/617-4741                                                                 212/835-8500; egt@jcir.com

Asia’s GEM
Gaming & Entertainment
plus Leisure Expo Manila
April 2 & 3, 2009
SMX Convention Center,
Seashell Drive, Mall of Asia Complex, Pasay City, Philippines

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