718789--2/27/2006--SHUFFLE_MASTER_INC

related topics
{condition, economic, financial}
{debt, indebtedness, cash}
{product, market, service}
{property, intellectual, protect}
{operation, international, foreign}
{regulation, government, change}
{personnel, key, retain}
{competitive, industry, competition}
{financial, litigation, operation}
{stock, price, operating}
{product, candidate, development}
{system, service, information}
{acquisition, growth, future}
Our intellectual property may be infringed or misappropriated or subject to claims of infringement or invalidity. The gaming industry is highly regulated, and we must adhere to various regulations and maintain our licenses to continue our operations. Litigation may subject us to significant legal expenses and liability. Our products currently in development may not achieve commercial success. We compete in a single industry, and our business would suffer if our products become obsolete or demand for them decreases. We operate in a very competitive business environment. If we do not retain our key personnel and attract and retain other highly skilled employees our business may suffer. A downturn in general economic conditions or in the gaming industry or a reduction in demand for gaming may adversely affect our results of operations. Acts of terrorism as well as other factors affecting discretionary consumer spending and travel, have impacted our industry and may harm our operating results. Economic, political and other risks associated with our international sales and operations could adversely affect our operating results. We could face considerable business and financial risk in implementing acquisitions. We have completed our tender offer for shares of Stargames Limited with the proceeds from temporary bridge financing. We anticipate that we will need to secure permanent financing. Currently, we do not have commitments for such financing and cannot guarantee that we will be able to obtain such financing on terms reasonably satisfactory to us. If our products contain defects, our reputation could be harmed and our results of operations adversely affected. Our business is subject to quarterly fluctuation. Our ability to meet debt service obligations is subject to many factors that are beyond our control and may affect future operations.

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