Multimedia gets OK from Mississippi gaming board

AP News
Posted: Dec 18, 2009 1:21 PM

Multimedia Games Inc., which makes electronic lottery and slot machines, said Friday the Mississippi Gaming Commission granted the company a license to sell its machines in the state.

The company now must submit several sample slot machines to the state for evaluation. If state regulators approve the models, Multimedia expects to begin offering slot machines in Mississippi by mid-2010.

Shares of Multimedia Games Inc. rose 28 cents, or 5.2 percent, to $5.68 in afternoon trading.