Company Is Now in Compliance With Its Loan Covenants LAS VEGAS, Dec. 30 /PRNewswire-FirstCall/ -- Alliance Gaming Corp. (NYSE:AGI) announced today that it has filed its Annual Report on Form 10-K for the fiscal year ending June 30, 2005. The Company has now satisfied the financial reporting requirements under its loan agreement, is in compliance with its loan covenants. Accordingly the default interest penalty period has now ended. Alliance Gaming is a diversified gaming company with headquarters in Las Vegas. The Company is engaged in the design, manufacture, distribution and operation of advanced gaming devices and systems worldwide and owns and operates Rainbow Casino in Vicksburg, Mississippi. Additional information about the Company can be found on the Alliance Gaming web site at http://www.alliancegaming.com/. This news release may contain "forward-looking" statements within the meaning of the Securities Act of 1933, as amended, and is subject to the safe harbor created thereby. Such information involves important risks and uncertainties that could significantly affect the results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements. Future operating results may be adversely affected as a result of a number of risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Investor and Media Contact: Steven M. Des Champs Alliance Gaming (702) 270-7600 DATASOURCE: Alliance Gaming Corp. CONTACT: Steven M. Des Champs of Alliance Gaming, +1-702-270-7600 Web site: http://www.alliancegaming.com/

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