Concorde Gaming issues follow-up to Nov. 10, 1994, release.RAPID CITY, S.D.--(BUSINESS WIRE)--Nov. 11, 1994--Concorde Gaming Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CGAM CGAM Centre for Global Atmospheric Modelling (UK) CGAM Computer Generated Images for Advertising & Marketing (conference) ) announced as a follow-up to its Nov. 10, 1994, press release that the company will have approximately 400 video lottery terminals ready for operation on Nov. 22, 1994, in over 40 locations. The South Dakota Lottery The South Dakota Lottery is run by the state of South Dakota. It is a member of the Multi-State Lottery Association (MUSL). South Dakota's games include Powerball, Hot Lotto, and video lottery. Commission reported yesterday that the start-up of video lottery operations will begin on that date. In the Nov. 10 press release the company reported that up until the shutdown of video lottery in South Dakota South Dakota (dəkō`tə), state in the N central United States. It is bordered by North Dakota (N), Minnesota and Iowa (E), Nebraska (S), and Wyoming and Montana (W). on Aug. 13, 1994, the company had video lottery revenues of approximately $6.8 million for fiscal year 1994. After yesterday's announcement by the South Dakota Lottery Commission, Michael C. Powers, president and chief executive officer of Concorde, congratulated the Lottery Commission for its ability to timely restart operations. He also said, "Concorde, during the shutdown, completed its maintenance programs on its machines and other operational groundwork in anticipation for the restart. Consequently, we feel extremely prepared for Nov. 22 and, needless to say, we are overjoyed o·ver·joy tr.v. o·ver·joyed, o·ver·joy·ing, o·ver·joys To fill with joy; delight. o with the right to restart our video lottery operations." The voters of South Dakota passed on Tuesday a constitutional amendment authorizing video games of chance, effectively reinstating the video games that the South Dakota Supreme Court The South Dakota Supreme Court is the highest court in the state of South Dakota. It is composed of a chief justice and four associate justices appointed by governor and selected from five different appointment districts. ruled unconstitutional on June 22, 1994. CONTACT: Concorde Gaming Corp., Rapid City David L. Crabb, 605/341-7738 |
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