Exhibit 10.22

MATURITY EXTENSION AGREEMENT

THIS
MATURITY EXTENSION AGREEMENT ("Extension Agreement") is made and entered into as of the 31st day of October, 2002, by and among SHUFFLE MASTER, INC., a
Minnesota corporation ("SMI Minn"), SHUFFLE MASTER OF MISSISSIPPI, INC., a Mississippi corporation ("SMI Miss") and SHUFFLE MASTER INTERNATIONAL LIMITED, a corporation organized under the laws
of the country of Barbados ("SMIL" and together with SMI Minn and SMI Miss, collectively the "Borrowers") and U.S. BANK NATIONAL ASSOCIATION (herein together with its successors and
assigns the "Lender").

R E C I T A L S

WHEREAS:

A.    Borrowers
and Lender entered into a Credit Agreement dated as of September 30, 1999, as amended by that certain letter agreement dated September 27, 2000
and by First Amendment to Credit Agreement dated as of October 31, 2001 (collectively the "Existing Credit Agreement") evidencing a revolving line of credit in favor of Borrowers, up to the
maximum principal amount of Fifteen Million Dollars ($15,000,000.00).

B.    For
the purpose of this Extension Agreement, all capitalized words and terms not otherwise defined herein shall have the respective meanings and be construed herein as
provided in Section 1.01 of the Existing Credit Agreement and any reference to a provision of the Existing Credit Agreement shall be deemed to incorporate that provision as a part hereof, in
the same manner and with the same effect as if the same were fully set forth herein.

C.    Borrower
and Lender desire to extend the Maturity Date for an additional one (1) year period from October 31, 2003 to October 31, 2004 in accordance
with the provisions set forth in Section 2.13 of the Existing Credit Agreement.

NOW,
THEREFORE, in consideration of the foregoing, and other valuable considerations as hereinafter set forth, it is hereby agreed that the Maturity Date be extended as follows:

1.Extension of Maturity Date.The Maturity Date, as defined in the Existing Credit Agreement, shall be and is
hereby extended from October 31, 2003 to October 31, 2004 in accordance with the provisions set forth in Section 2.13 of the Existing Credit Agreement.

2.Representations of Borrowers.Borrowers hereby represent to the Lender that:



3.Incorporation by Reference.This Extension Agreement shall be and is hereby incorporated in and forms a part
of the Existing Credit Agreement.

4.Governing Law.This Extension Agreement shall be governed by the internal laws of the State of Nevada without
reference to conflicts of laws principles.

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5.Counterparts.This Extension Agreement may be executed in any number of separate counterparts with the same
effect as if the signatures hereto and hereby were upon the same instrument. All such counterparts shall together constitute one and the same document.

6.Continuance of Terms and Provisions.All of the terms and provisions of the Existing Credit Agreement and
each of the Loan Documents shall remain unchanged and in full force and effect.

IN
WITNESS WHEREOF, the parties hereto have executed this Extension Agreement as of the day and year first above written.

| |  | BORROWERS:                                                                                             
| |  | -------------------------------------------------------------------------------------------------------
| |  |                                                                                                        
| |  | SHUFFLE MASTER, INC.,
a Minnesota corporation                                                          
| |  |                                                                                                        
| |  | By                                                                                                     
| |  | Name                                                                                                   
| |  | Title                                                                                                  
| |  |                                                                                                        
| |  | SHUFFLE MASTER OF MISSISSIPPI, INC.,
a Mississippi corporation                                         
| |  |                                                                                                        
| |  | By                                                                                                     
| |  | Name                                                                                                   
| |  | Title                                                                                                  
| |  |                                                                                                        
| |  | SHUFFLE MASTER INTERNATIONAL LIMITED,
a corporation organized under the laws of the Country of Barbados
| |  |                                                                                                        
| |  | By                                                                                                     
| |  | Name                                                                                                   
| |  | Title                                                                                                  
| |  |                                                                                                        
| |  | LENDER:                                                                                                
| |  |                                                                                                        
| |  | U.S. BANK NATIONAL ASSOCIATION                                                                         
| |  |                                                                                                        
| |  | By                                                                                                     

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