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ARGOSY NOT SELECTED IN NEW ORLEANS

 ALTON, Ill., June 21 /PRNewswire/ -- Argosy Gaming Company (NASDAQ: ARGY), operators of the Alton Belle Casino II, the first riverboat gambling casino in Illinois, announced today that South Shore Enterprises, L.L.C., which is majority owned by Argosy Gaming Company, was not among the group of operators to receive a preliminary certificate of approval by the Louisiana Gaming Commission. The company had previously announced that it signed an agreement to own and operate a casino at the Mardi Gras World location on the west bank of the Mississippi River directly across from downtown New Orleans, subject to receiving state licensing and approval.
 -0- 6/21/93
 /CONTACT: G. Dan Marshall of Argosy Gaming Company, 618-474-7666/
 (ARGY)


CO: Argosy Gaming Company ST: Illinois, Louisiana IN: CNO SU:

MP-LG -- NY030 -- 3947 06/21/93 09:38 EDT
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Publication:PR Newswire
Date:Jun 21, 1993
Words:136
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