Spectrum Gaming Names CFO

8 August 2006

NORTHFIELD, New Jersey – (PRESS RELEASE) -- Spectrum Gaming Group announced the appointment of Michael West as Chief Financial Officer. Spectrum is a world leader in providing consulting services to the gaming industry. It also publishes the industry's premier newsletter and produces some of its leading conferences.

West brings nearly 30 years' experience in financial auditing management to his new role. He previously spent 15 years as owner of his own company, which offered a wide range of services from general business accounting to corporate tax preparation.

West will oversee all of Spectrum's financial affairs, including coordination of Spectrum's offices, administrative affairs, and budgeting matters. He will also work with and support Spectrum's growing team of more than 30 consultants located around the world.

"Mike West has a deep understanding of finance and a strong record of problem solving. Spectrum is growing rapidly and serving clients around the world. The time has arrived to bring someone of Mike's caliber on board," said Fredric Gushin, Managing Director, who leads the company's licensing and regulatory work around the world.

"Mike brings a wealth of experience to Spectrum and will undoubtedly provide the financial leadership needed as the company continues to expand its suite of services," said Michael Pollock, Managing Director, who publishes Spectrum's award-winning newsletter, Gaming Industry Observer, and who oversees its conferences and economic and feasibility studies. Gaming Industry Observer has won four national awards for editorial excellence, the only trade publication serving the casino industry to ever receive such honors.

Spectrum serves a growing list of private clients and government agencies. Through its affiliation with Spectrum Oso Asia Ltd, Spectrum maintains offices in Bangkok, Las Vegas, Macau and Tokyo, as well as in the Princeton and Atlantic City areas of New Jersey. Spectrum is renowned for its unparalleled knowledge of Asian markets, and for its depth of experience in markets ranging from North America to Latin America.

Among its most recent assignments, Spectrum has been retained by the government of Singapore to conduct due diligence investigations of applicants for the proposed Marina and Sentosa integrated resorts; was retained by three prospective Pennsylvania gaming operators to assist with their license applications; and has conducted numerous economic-impact, feasibility and market studies from the Atlantic City Boardwalk to the Las Vegas Strip, and from Pennsylvania to Vietnam.



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