Concorde Gaming Corp.'s Chief Financial Officer Resigns.Business Editors RAPID CITY, S.D.--(BUSINESS WIRE)--Nov. 15, 2002 Concorde Gaming Corporation (Pink Sheets:CGAM CGAM Centre for Global Atmospheric Modelling (UK) CGAM Computer Generated Images for Advertising & Marketing (conference) ) announced the resignation of Gary R. Fish as the Company's Chief Financial Officer effective November 25, 2002. The Company plans to begin an immediate search for Mr. Fish's replacement. "We are disappointed to see Gary leave our management team and I thank him for his contributions to our organization." commented Jerry Baum, President and Chief Executive Officer. "We have improved our capital structure and overall financial position over the last year. We plan to attract an experienced financial executive to replace Gary to help us continue this trend." Concorde Gaming Corporation owns and operates two gaming properties with over 500 gaming devices in operation. The Company operates a limited stakes gaming property, the Golden Gates Casino in Black Hawk, Colorado For other uses of Blackhawk/Black Hawk, see Black Hawk. The historic City of Black Hawk is a Home Rule Municipality in Gilpin County, Colorado, United States. The city population was 118 at U.S. Census 2000, making Black Hawk the least populous city in Colorado. , and a day-cruise gaming property, the Casino Princesa, based out of Miami, Florida “Miami” redirects here. For the Native American tribe, see Miami tribe. Miami is a major city in southeastern Florida, in the United States. It is the county seat of Miami-Dade County. Miami is a gamma world city with an estimated population of 404,048. . The Company's corporate offices are located in Rapid City, South Dakota Rapid City is a city located in the western part of South Dakota and is the second largest city in the state of South Dakota after Sioux Falls. Set against the eastern slope of the Black Hills, Rapid City is in the county of PenningtonGR6 USA. . Statements contained in this press release, which are not historical facts, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , as that term is defined in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors, which include, but are not limited to, changes in gaming regulations and tax rates in Colorado, Florida, and other jurisdictions, the level and rate of growth in the Company's operations, the Company's ability to continue to increase customer traffic to its properties, the timely completion of the improvements to the Golden Gates Casino property, the Company's ability to continue to impose strong cost controls and the effect of the Company's accounting policies and other risk factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time. For further information, please contact Jerry Baum, President & 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. . |
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