American Bingo & Gaming announces favorable legal decision.AUSTIN, Texas--(BUSINESS WIRE)--June 19, 1996--American Bingo & Gaming Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BNGO) announced today that, following an evidentiary hearing, a Texas administrative law judge administrative law judge n. a professional hearing officer who works for the government to preside over hearings and appeals involving governmental agencies. They are generally experienced in the particular subject matter of the agency involved or of several agencies. has issued a Proposal For Decision recommending approval by the Texas Lottery The Texas Lottery is run by the Texas state government. Its most popular game is the multi-state Mega Millions; its other major game is Lotto Texas. Unlike Powerball, Texas is the only one of the 12 Mega Millions states to offer a multiplier, known as the Megaplier. Commission of the transfer of certain bingo licenses held by Company subsidiaries in Texas. The Company believes that this Proposal For Decision is a critically important step toward the opening of all its planned bingo centers in South Texas. CONTACT: American Bingo & Gaming, Austin Corky cork·y adj. cork·i·er, cork·i·est 1. Of or resembling cork. 2. Informal Lively; buoyant. cork Logue, President 512/472-2041 |
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