Interactive Games Inc. Signs Contract With Spectre Gaming for First Order of One Hundred Fifty Amusement-With-Prize Games

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"Games to Be Placed in New 'Golden Palms Adult Arcade' Within Florida Redemption Machine Markets"

WEST PALM BEACH, FL -- (MARKET WIRE) -- 12/27/2005 -- Interactive Games Inc. (OTC BB: IGAM) announced today that it has signed an Operator's Agreement with Spectre Gaming, Inc. (OTC BB: SGMG) to place Spectre's amusement-with-prize (AWP) games within its first Florida location "Golden Palms Adult Arcade and Amusement Center." The delivery of the first one hundred fifty games to the Golden Palms location is targeted for late February of 2006.

"We are extremely pleased to be entering the exploding and profitable sector of redemption gaming with Spectre as a partner. Our established alliances within the regulated Class III slot machine, ATM and cruise ship markets within Florida and surrounding areas will make Interactive Games a meaningful partner to this new relationship. Our goal would be to open at least 5 additional locations this coming year with the most popular titles and hardware and reporting network that only Spectre can provide," stated Michele Friedman, chairman for Interactive Games.

D. Bradly Olah, President of Spectre, stated, "Interactive is very familiar with the Florida market. We have personally toured some of the new facilities and are very excited about the prospects of this new arrangement. The Palm Beach area is very affluent and the Golden Palms is strategically located right next to Century Village, a retiree community that is home to nearly 30,000 senior citizens. Executed correctly, this could be a very profitable location."

About Spectre Gaming:

Spectre Gaming Inc., with offices at 1466 Pioneer Way, El Cajon, California 92020, is a provider of proprietary interactive electronic games to the Native American, amusement-with-prize and charitable gaming markets. The Company designs and develops networks, software and content that provide its customers with a comprehensive gaming system.

About Interactive Games

Interactive Games Inc. (OTC BB: IGAM), http://www.interactivegamesinc.com, is a developer and licensor of interactive casino technologies and mobile gaming applications. Interactive Games has entered into license and distribution agreements with Ed McMahon for the Interactive Games "Million Dollar Madness Class III Slot Machine," 9 Squared Inc. and other third-party manufacturers and distributors, in which the company has the right to market, sublicense and distribute gaming and mobile entertainment products under the Interactive Games brand.

Risk Factors and Forward-Looking Statements

This press release contains statements that are forward looking in nature and that involve risks and uncertainties. Although management of Interactive Games believes that its expectations are based upon reasonable assumptions within the bounds of its knowledge of Interactive Games' business, there can be no assurance that the Company's financial goals will be realized. In addition, this release contains time-sensitive information that reflects management's best analysis as of the date of this release. Interactive Games does not undertake any obligation to publicly update or revise any forward-looking statements that arise after the date of this release, whether as a result of new information, future events or otherwise. Please refer to Interactive Games' most recent quarterly report on Form 10-Q and annual report on Form 10-K, and any subsequently filed reports on Form 10-Q and Form 8-K, as well as its other filings with the Securities and Exchange Commission, for a complete discussion of risks and other factors that could cause actual results to differ materially from those contained in this press release.

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