American Gaming announces termination of Harolds Club purchase option.ATLANTIC CITY Atlantic City, city (1990 pop. 37,986), Atlantic co., SE N.J., an Atlantic resort and convention center; settled c.1790, inc. 1854. Situated on Absecon Island, a barrier island 10 mi (16. , N.J.--(BUSINESS WIRE)--Nov. 21, 1995--Alfred J. Luciani president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of American Gaming & Entertainment Ltd., announced today that American Gaming & Entertainment Ltd. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :"AGEL") was unable to negotiate a satisfactory extension of time from Bennett Holdings Inc. ("Bennett") to allow AGEL's subsidiary, Emerald Gaming Inc., to purchase the Harolds Club in Reno, Nev. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Luciani, the refusal of Bennett to extend Emerald Gaming's exclusive purchase option on terms satisfactory to AGEL means that Emerald Gaming will not be able to acquire Harolds Club. Still in existence, however, are Emerald Gaming's rights to manage or to lease Harold Club as previously disclosed. CONTACT: Alfred J. Luciani 609/272-7700 |
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