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INTERNATIONAL GAMING MANAGEMENT, INC. ANNOUNCES PROPOSED ACQUISITION OF MISSISSIPPI DOCKSIDE PROPERTIES

 MINNEAPOLIS, May 10 /PRNewswire/ -- International Gaming Management, Inc. (NASDAQ: IGMM) announced today that it has entered into a letter of intent with Spectrum Gaming USA to acquire a 38-acre property in Greenville, Miss., and the rights to a long-term lease for approximately 15 acres in D'Iberville, Miss. IGM intends to develop and operate a dockside casino at each of the sites. Spectrum will receive up to 6.5 million shares of IGM common stock in connection with the transaction.
 Upon consummation of the agreement, W. Bucky Howard will sign a casino management employment contract with IGM. Howard, the chairman of IGM, is currently the president of Spectrum.
 "This acquisition signals the beginning of IGM's involvement in the emerging casino gaming market," according to Douglas Polinsky, IGM's president and chief executive officer. "Casino operations are a logical extension of our current gaming-related business. To succeed, an organization needs experienced management and good locations. This gives us both."
 The two proposed casinos are expected to open by late 1993 or early 1994, subject to state gaming authority approval and necessary financing. Although the company is in negotiations with a financing source, no financing commitment is in place.
 The Greenville site encompasses 1,300 feet of Mississippi shoreline. The development is the city's only announced gaming facility that will offer parking contiguous to the casino. The planned 25,000-square-foot casino will offer approximately 35 table games and 500 gaming machines.
 The D'Iberville plans call for a 40,000-square-foot casino with approximately 50 table games, 750 gaming machines, restaurants and a lounge. The casino will be located immediately off the I-110 D'Iberville exit leading into the Biloxi/Gulf Coast area.
 "Mississippi gaming is still in its infancy," according to Howard. "We can create a superior gaming experience for our guests by focusing on customer service, extended entertainment settings and attention to detail." Prior to joining Spectrum, Howard operated the Trump Taj Mahal in Atlantic City.
 International Gaming Management, Inc. distributes electronic gaming devices to the Indian gaming market. The company, through Louisiana Gaming Management, Inc., a consolidated subsidiary, operates Louisiana's largest video lottery terminal (VLT) route operation.
 -0- 5/10/93
 /CONTACT: Douglas M. Polinsky, CEO of International Gaming Management, 612-546-8140/
 (IGMM)


CO: International Gaming Management, Inc.; Spectrum Gaming USA ST: Minnesota, Mississippi IN: CNO SU:

GK-CK -- NY042 -- 6459 05/10/93 11:39 EDT
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Date:May 10, 1993
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