[Silicon Letterhead]

FOR INFORMATION CONTACT:
Andrew Pascal, CEO (Analysts)                   Joel Pascal (Investor Relations)
(650) 842-9000                                  (650) 842-9000

FOR IMMEDIATE RELEASE

              SILICON GAMING ANNOUNCES EXTENSION OF EXCHANGE OFFER

     PALO ALTO, California,  June 14, 2000 -- Silicon Gaming, Inc. (OTC Bulletin
Board:  SGIC.OB) announced today that it is extending the expiration date of its
exchange  offer to 5:00 P.M. New York City time on June 30,  2000.  The exchange
offer was  scheduled to expire at 5:00 P.M. New York City time on June 23, 2000.
As of June 12,  2000,  the  company's  exchange  agent had received 393 Election
Notices  representing  7,901,970  shares of common  stock  participating  in the
exchange offer.

The company is filing with the SEC a Supplement to the Offering  Circular  dated
April 17, 2000.  The  Supplement  is dated June 12, 2000 and it is expected that
the  Supplement  will  be  distributed  to  shareholders   beginning   tomorrow.
Shareholders should carefully read and consider the information  provided in the
Supplement as well as the information  provided earlier in the Offering Circular
dated April 17, 2000.  Shareholders can view the Supplement at the SEC's website
at:  http:\\www.sec.gov.  The company will also provide copies of the Supplement
free to  shareholders.  In addition,  copies of the Supplement will be available
from our  information  agent and our  exchange  agent,  whose phone  numbers are
listed below and in the Offering Circular dated April 17, 2000.

EquiServe Trust Company,  N.A., the company's  transfer agent,  will continue to
act as exchange agent in the exchange offer, and will also act as warrant agent.
Georgeson  Shareholder  Communications  Inc. will continue to act as information
agent in the exchange offer.  Shareholders may contact the information  agent at
(800) 223-2064,  or collect at (212) 440-9800,  for information  about tendering
Election Notices.

Silicon Gaming, Inc. designs and manufactures a full line of innovative wagering
products,  including  the Family  Feud  Wagering  Attraction,  and an  extensive
library of game applications including Phantom Belle, Banana-Rama,  Eureka, Cash
Cruise,  TopHat 21 and Hot Reels.  Headquartered in Palo Alto,  California,  the
Company is traded on the OTC Electronic Bulletin Board as SGIC.OB.

                           FORWARD-LOOKING STATEMENTS

This press release may contain certain  forward-looking  statements that involve
risks and  uncertainties.  These are statements about future events,  results of
operation,  business plans and other matters.  The Company's  actual results may
differ materially from the results discussed in the  forward-looking  statements
based on various factors and risks,  including those identified in the Company's

Form 10-K for the year ended  December 31, 1999.  We use words such as "expect",
"anticipate",  "intend"  or other  similar  words to  identify  forward  looking
statements.  These  statements  are made  based  on our  current  knowledge  and
understanding.  However,  there can be no assurances as to whether or not actual
results will be  consistent  with these  statements.  We have no  obligation  to
update the forward-looking statements made in this press release.

  For more information on Silicon Gaming, Inc., visit the Company's website at
                          http://www.silicongaming.com