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Teamlasvegas

10/16/08 1:52 PM

#4 RE: Rdflagg #3

.39 @ .40

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard.

Progressive Gaming International Corporation (“the Company”) received a NASDAQ staff deficiency letter dated October 6, 2008 indicating that, due to Terrance W. Oliver’s resignation from the Audit Committee of the Company’s Board of Directors effective September 24, 2008, the Company no longer complies with NASDAQ’s audit committee requirements under NASDAQ Marketplace Rule 4350. Mr. Oliver resigned from the Audit Committee as a result of his appointment to interim President and CEO of the Company. In response to this letter, the Company appointed Peter G. Boynton as an Audit Committee member effective October 14, 2008.

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

Effective as of October 14, 2008, the Company appointed Peter G. Boynton, currently a member of the Company’s Board of Directors (the “Board”), to the Company’s Audit Committee.