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Multimedia Games Launches First-Ever National Slot Tournament on March 2 as the 2013 TournEvent® of Champions™ Hits the Road

  Multimedia Games Launches First-Ever National Slot Tournament on March 2 as
  the 2013 TournEvent® of Champions™ Hits the Road

- Award-Winning TournEvent^® Slot Tournament System Powers Search for the Best
            Slot Tournament Player at Over 60 Casinos Nationwide -

- 20-State Tour Culminates with $250,000 Final Event in Las Vegas in September
                                      -

Business Wire

AUSTIN, Texas -- February 26, 2013

Multimedia Games Holding Company, Inc. (Nasdaq: MGAM), through its
wholly-owned subsidiary, Multimedia Games, Inc. (“Multimedia Games” or “the
Company”), a leader in slot tournament systems, announced today the launch of
the 2013 National TournEvent^® of Champions^™, a first-of-its-kind nationwide
slot tournament powered by the Company’s award-winning TournEvent^® slot
tournament system. Kicking off on March 2^nd at the Eagle Mountain Casino in
Porterville, California, the 2013 National TournEvent of Champions will
identify America’s best slot tournament players while visiting 20 states and
over 60 participating casinos. Multimedia Games’ National TournEvent of
Champions events will also feature the added excitement of the “Money Man^®
Mobile” branded tour bus as it travels across the country.

Designated winners of each casino’s final qualifying event will receive a
five-night trip to Las Vegas (including airfare and accommodations for the
winning participant and a guest) to play in the national championship on
September 25, 2013, which will be held in conjunction with the annual Global
Gaming Expo (G2E^®). At the national final, held in Lagasse’s Stadium at The
Palazzo, approximately 75 participants will compete for a $100,000 grand
prize, bragging rights for their home casino, and the title of Nation’s Best
Slot Tournament Player.

Patrick Ramsey, President and Chief Executive Officer of Multimedia Games,
commented, “Last year, over 20,000 players in California and Washington helped
make their statewide TournEvent of Champions events a resounding success and
we are thrilled to bring the energy and excitement to players across the
country with the 2013 Nationwide TournEvent of Champions. It is clear that
this nationwide slot tournament will create an entirely new experience for
players and offer a unique marketing opportunity for participating casinos,
and we invite those casinos who are not yet part of the event, but are
interested in bringing this excitement to their gaming floor, to sign up. The
team at Multimedia Games has delivered a turnkey solution that harnesses the
power of our TournEvent system to generate instant floor-wide buzz and, over
the course of each tournament, we are confident that this buzz will help drive
higher floor traffic and increased floor-wide revenue performance at our
customers’ facilities.”

The National TournEvent of Champions bus and traveling entourage will be
traveling nationwide for nearly six months, visiting more than 60 casinos in
six regions. Players can look for casino qualifying events in their region
during the following periods:

                                                
Region            States                              Dates
Region 1          CA                                  March 2013 - April 2013
Region 2          WA, ID                              April 2013 - May 2013
Region 3          OK, KS                              May 2013 - June 2013
Region 4          TX, LA, AL, MS, FL                  June 2013 - July 2013
Region 5          ND, MN, WI, IA, IN, MI, OH          July 2013 - August 2013
                  and NY
Region 6          AZ, NM and NV^1                     August 2013 - September
                                                      2013
                                                      
(1) Nevada is included in Region 6 due to location of championship event in
Las Vegas


Mr. Ramsey added, “TournEvent has been a major success for our Company as well
as for our customers, enabling them to quickly and seamlessly host slot
tournaments on their gaming floors without the need to disrupt existing
operations. By creating tournaments on the fly and in full view of the gaming
floor, operators are leveraging the power of TournEvent to easily create
excitement and further improve their floor performance with a minimal
incremental investment in new gaming technology. We believe the 2013 National
TournEvent of Champions is a natural evolution of the capabilities offered by
TournEvent and believe that our customers are as excited as we are to kick off
the nationwide event in early March.”

Linda Trinh, Marketing and Promotions Manager for Multimedia Games, who will
be leading the National TournEvent of Champions entourage across the country,
said, “I’m excited to spend the next seven months bringing the best of slot
tournament entertainment to casinos across the country. Having witnessed the
player enthusiasm and ‘holiday-weekend’ energy and play levels created by our
California and Washington events last year, I can’t wait to see what a
national tournament brings to our customers’ facilities. The stakes are
higher, the excitement is sure to reach new levels, and our tour bus and Money
Man are ready to bring TournEvent of Champions buzz to our customers and their
players.”

About TournEvent

Multimedia Games’ award-winning TournEvent slot tournament system is currently
installed at 137 casinos nationwide, offering industry-leading functionality
that has revolutionized the slot tournament experience. The Company’s Class
III TournEvent system was named “Best Slot Theme” in the 2012 Southern
California Gaming Guide Reader’s Choice Awards and was awarded third place in
the “Best Consumer Service Technology” category by Global Gaming Business in
its 2012 Gaming & Technology Awards. TournEvent provides players and operators
with a dynamic and interactive tournament experience unlike any other. With
the TournEvent system, casino operators can switch networked gaming machines
from in-revenue live status to out-of-revenue tournament status at the touch
of a button – eliminating the hassle of chip changes, machine moves, or
separate tournament areas. TournEvent 4.0 enables operators to create unique
team tournaments for the first time, offering a variety of customizable
configurations based on the number of players, mechanics of team advancement,
rankings, and tournament prize awards.

To find out more about the 2013 National TournEvent of Champions and to see a
list of participating casinos nationwide, visit www.tourneventofchampions.com
or follow the tournament on Facebook and Twitter.

About Multimedia Games Holding Company, Inc.

Through its wholly owned subsidiary, Multimedia Games Holding Company, Inc.
(“Multimedia Games”) develops and distributes gaming technology. The company
is a creator and supplier of comprehensive systems, content and electronic
gaming units for Native American gaming markets, as well as for commercial
casinos and charity and international bingo markets. Revenue is primarily
derived from gaming units in operation domestically and internationally
installed on revenue-sharing arrangements. Multimedia Games also supplies the
central determinant system for the video lottery terminals (“VLTs”) installed
at racetracks in the State of New York. The company is focused on pursuing
market expansion and new product development for Class II, Class III and VLT
markets. Additional information may be found at www.multimediagames.com.

Cautionary Language

This press release contains forward-looking statements based on Multimedia
Games' current expectations and projections, which are intended to qualify for
the safe harbor from liability established by the Private Securities
Litigation Reform Act of 1995. The words "believe", "expect", "continue",
"intend", "plan", "seek", "estimate", project", "may", or the negative or
other variations thereof or comparable terminology as they relate to
Multimedia Games and its products, plans, and markets are intended to identify
such forward-looking statements. All forward-looking statements are based on
current expectations and projections of future events.

These forward-looking statements reflect the current views, models, and
assumptions of Multimedia Games, and are subject to various risks and
uncertainties that cannot be predicted or qualified and could cause actual
results in Multimedia Games' performance to differ materially from those
expressed or implied by such forward looking statements. These risks and
uncertainties include, but are not limited to, technical, contractual,
licensing, scheduling or other difficulties in implementing and completing the
TournEvent of Champions; player and customer response to TournEvent and other
company product; the ability of Multimedia Games to maintain strategic
alliances; increase its unit placements, installations or installed-base; grow
revenue; garner new market share; secure new licenses in new jurisdictions;
successfully develop or place proprietary product; comply with regulations; or
have its games or systems, such as TournEvent, approved by relevant
jurisdictions. Please refer to the Company’s most recent Form 10-K and
subsequent filings with the Securities and Exchange Commission for a further
discussion of risks and uncertainties. All forward-looking statements made
herein are qualified by these cautionary statements and there can be no
assurance that the actual results, events or developments referenced herein
will occur or be realized. Readers are cautioned that all forward-looking
statements speak only to the facts and circumstances present as of the date of
this press release. Multimedia Games expressly disclaims any obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise.

Contact:

Media:
Multimedia Games Holding Company, Inc.
Linda Trinh, 512-334-7500
Marketing and Promotions Manager
or
Wyatt Brand
Ryann Malone, 512-904-9928
ryann@wyattbrand.com
or
Investors:
JCIR
Rich Land, James Leahy
212-835-8500
mgam@jcir.com