PLAYERVISION™ NAMED “BEST PRODUCT OF 2007” BY CASINO JOURNAL

LAS VEGAS, NV (January 15, 2008) – Las Vegas Gaming, Inc. (LVGI), the gaming industry innovator in server-based gaming application delivery, announced today that it’s PlayerVisionTM system has been chosen by Casino Journal as “best product” of 2007.

“The product turned a lot of heads when it was introduced at the 2006 Global Gaming Expo, and LVGI has spent the better part of 2007 field testing the system at the Treasure Island Hotel and Casino in Las Vegas – to largely rave reviews,” stated Casino Journal. “Because PlayerVisionTM serves a number of different purposes, it goes a long way toward increasing player convenience, as well as improving operator’s channels of interaction with players.”

Jon Berkley, president and CEO of LVGI said, “We are honored to have been selected by Casino Journal from all of the innovative solutions that entered the market in 2007.

“The innovative PlayerVision™ system transforms the gaming floor of today. It allows operators to optimize the ROI of their legacy technology by driving server-based applications directly to the slot player utilizing the casino’s existing server infrastructure and existing games.”

The PlayerVision™ system operates on major game platforms currently in the market and offers a variety of software applications to operators to enhance the gaming experience for the player. Currently, LVGI offers AdVision™, NumberVision™ and PV-TV™ in its basic software suite and offers horse wagering, simulcasting, sports book access and on-game bonusing through premium applications WagerVision™ and BonusVision™.

“By bringing server-based applications from ‘the future’ into ‘the present’, LVGI is a company whose time has come and the attention and momentum that PlayerVision™ is getting in the market bodes well for what is shaping up to be a strong backlog of installations in 2008,” said Berkley.

About Las Vegas Gaming, Inc. ("LVGI")
LVGI is a game-management system operator, supplier and game designer specializing in innovative gaming technologies. LVGI’s patent-pending PlayerVision™ technology is a platform for delivering server-based software applications to existing gaming devices. LVGI is also the licensed operator of the Super Bonanza Bingo® progressive and The Million Dollar Ticket® games, as well as the highly acclaimed linked and progressive keno game, Nevada Numbers®. LVGI is on file with the Securities and Exchange Commission and the company holds gaming licenses in many jurisdictions. For more information about LVGI, visit www.lvgi.com.

Forward-looking Statements
All statements included in this press release, other than historical information or statements of historical fact, are forward-looking statements. These statements fall within the meaning of Section 27A of Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including statements regarding any expected financial position, business and financing plans and any expected results and potential of the Company’s PlayerVisionTM system. Some of the forward-looking statements can be identified by the use of forward-looking terms such as “believes,” “expects,” “may,” “will,” “should,” “could,” “seek,” “intends,” “plans,” “estimates,” “anticipates,” or other comparable terms. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in forward-looking statements contained herein. For more information on the potential factors that could affect the Company’s financial results and business, please refer to the Company’s filings with the SEC including Annual Reports on Form 10-KSB, Quarterly Reports on Form 10-QSB and Current Reports on Form 8-K.