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Blue Chip Casino Posts Strong Performance in First Full Month of Operations.


MICHIGAN CITY Michigan City, city (1990 pop. 33,822), La Porte co., NW Ind., on Lake Michigan; inc. 1836. Michigan City produces machinery, consumer articles, kitchen and transportation equipment, concrete and wire products, chemicals, apparel, and cast iron boilers. , Ind.--(BUSINESS WIRE)--Oct. 20, 1997--Blue Chip Casino ranked third in northern Indiana Northern Indiana is the region of Indiana including 26 counties bordering parts of Illinois, Michigan, and Ohio. The area is generally sub-classified into other regions. The northwest is economically and culturally intertwined with Chicago, and is considered part of the Chicago  during September 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.
 attendance and revenue data released today by the Indiana Gaming Commission.

The data demonstrates that the casino performed in line with expectations for its first full month of operations, according to Blue Chip Chairman 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.  Kevin Flynn.

Blue Chip had approximately 270,000 admissions for the month, and total gaming revenue was $8,763,012. Slot machines recorded a coin-in amount of $101,853,592, generating $7,054,001 in revenue and table games experienced a drop of $10,054,681 with revenue of $1,709,011.

"We are very pleased with our performance to date," said Flynn. "Our attendance figures and guests' reactions confirm that we have a strong entertainment product to offer the region. We expect nothing less than continued growth and success."

NOTE TO EDITORS: There is an "at" symbol following "mike_snyder" in the e-mail address See Internet address.

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 below. This symbol may not appear properly in some systems.

CONTACT: Blue Chip Casino

Joseph McQuaid (financial information), 219/456-7281

Stacey Harris, 219/879-7711 ext. 2208

888/492-1457 (pager)

or

Caldwell VanRiper

Deanna Irick or Michael Snyder, 317/632-6501

mike_snyder@cvr.com
COPYRIGHT 1997 Business Wire
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 20, 1997
Words:203
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