MGT Capital Investments Inc. (MGTI)

[rru2s]

RealDealPoker shuffling being audited for independent gaming board certification, will pave the way for a NJ CSIE license.

Success Depends on finding the right partner. Borgata revenues from the first 5 weeks following November 21 legalization in New Jersey were $3.75 Million. Annualized that is $37.5 million.

Not all casinos did as well; that is why the choice of a online casino partner for MGT is important when they get their license. Market penetration is key.

The online gambling market is in it's infancy. Authorities had expected larger utilization in the first 5 weeks than the total revenues from all casinos of $8 Million. However, the market is expected to grow over the next 2 to 4 years and several of the online websites had glitches when they were first launched, which reduced customer revenues (what does that remind you of?).