Effective October 24, 2009, William Warner has resigned from Shuffle Master Inc.'s board of directors for personal business reasons. His resignation was not due to any disagreement with the company's senior management or independent auditors or about any disagreement with the company's operations, policies, practices, or financial statements.

Linster Fox (Nevada Chapter) was appointed Executive Vice President and CFO at Shuffle Master Inc. in Las Vegas.

Shuffle Master Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended July 31, 2009. For the quarter, the company reported revenue of $45.1 million decreased by 9%, or $4.4 million, year-over-year from $49.5 million and was within 2%, or $1.0 million, when adjusted for the exchange effect of a stronger U.S. dollar. Net income and income from continuing operations increased 87% to $5.6 million from $3.0 million. Diluted earnings per share increased to $0.10 from $0.08 year-over-year on a 49% increase of diluted common shares over the same period. Adjusted EBITDA totaled $15.6 million, up 11% from $14.1 million year-over-year. The company reported income from operations of $8.68 million and income from operations before tax of $8.17 million compared to income from operations of $7.01 million and income from operations before tax of $4.2 million for the same period last year. For the nine months, the company reported revenue of $124.9 million decreased by 8%, or $11.5 million, year-over-year from $136.4 million and was within less than 1%, or $0.7 million, when adjusted for the exchange effect of a stronger U.S. dollar. Net income and income from continuing operations increased 117% to $9.2 million from $4.2 million. This includes the pre-tax $2.0 million extraordinary gain from the early extinguishment of debt in the second quarter. Diluted EPS increased to $0.17 from $0.12 year-over-year on a 51% increase of diluted common shares over the same period. Adjusted EBITDA totaled $38.4 million, up 10% from $34.8 million year-over-year. Net debt (total debt, less cash and cash equivalents) was $26.1 million lower than at the end of fiscal year 2008. The company reported income from operations of $13 million and income from operations before tax of $12.21 million compared to income from operations of $13.9 million and income from operations before tax of $6.08 million for the same period last year.