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SHUFFLE MASTER ANNOUNCES RESULTS; HIRES SALES MANAGERS

 MINNEAPOLIS, Feb. 2 /PRNewswire/ -- Shuffle Master, Inc. (NASDAQ: SHFL), in a dual release reported today the hiring of three regional sales managers for Atlantic City, N.J.; Reno, Nev.; and Canada. The company also released its results (pre-offering) for the year ended Oct. 31, 1992.
 The company, which completed a public stock offering in December 1992, reported its first revenues of $86,306 for the year. The company reported a net loss of $623,782 for the 12 months ended Oct. 31, 1992, compared to a net loss of $207,083 in the 10 months ended Oct. 31, 1991. The increase in loss was primarily due to increased selling, general and administrative expenses, and increased research and development efforts. In 1992 the company began establishing a marketing and service organization based in Nevada, and opened its first office and manufacturing facility based in Minnesota. Three models of the company's Shuffle Master Systems have been approved by the Nevada Gaming Control Board.
 The company recently announced that it had reached an agreement with Don Laughlin granting Shuffle Master exclusive worldwide distribution rights to Laughlin's patented "No Peek(TM)" device used in the game of Blackjack. The company has also announced recently the introduction of its own proprietary game called "Who's First(TM)" used in the game of Pai Gow Poker. In addition to the current ongoing development of a double deck Shuffle Master System, the company is exploring the introduction of other games and devices into the gaming industry.
 Shuffle Master, a development-stage company, develops and markets automatic card shuffling systems for use in casinos, card rooms, and other gaming operations, including cruise ships.
 SHUFFLE MASTER, INC.
 (A Development Stage Company)
 1992 Financial Results
 12 Months Ended 10 Months Ended
 10/31/92 10/31/91
 Revenue $86,306 --
 Net loss $(623,782) $(207,083)
 Net loss per share $(.24) $(.10)
 Weighted average number of
 shares outstanding 2,635,802 2,103,681
 -0- 2/2/93
 /CONTACT: John Breeding of Shuffle Master, 612-943-1951/
 (SHFL)


CO: Shuffle Master, Inc. ST: Minnesota IN: CNO SU: ERN

AL -- MN017 -- 2083 02/02/93 16:44 EST
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Date:Feb 2, 1993
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