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AVONDALE AWARDED GAMING VESSEL CONSTRUCTION CONTRACT

 NEW ORLEANS, July 9 /PRNewswire/ -- Avondale Industries, Inc. (NASDAQ-NMS: AVDL) announced today it has signed an $11.5 million contract with Louisiana Gaming Enterprises, a Louisiana entity consisting of Boomtown Hotel & Casino, Inc. of Reno, Nev., and others to construct a 210-foot, 19th century style paddlewheel gaming vessel.
 The contract includes an option to lengthen the vessel to 250 feet. The gaming vessel will be completed within 10 months at the company's Boat Division in Westwego, La., and is estimated to employ approximately 170 workers at peak production. The vessel will be operated at a site near New Orleans.
 Barry Heaps, Avondale Boat Division vice president, remarked, "Avondale has been gaining wide acceptance from potential customers in the gaming industry based on the company's diversified background and expertise in the commercial field."
 This is Avondale's second contract for a gaming vessel announced this week.
 Avondale Industries, Inc., headquartered in metro New Orleans, is one of the nation's leading marine fabricators. In addition to its shipbuilding operations, the company specializes in boat construction and is a major repair contractor for commercial and Navy ships. It is also involved in the modular construction of plants and components for a variety of land-based industries.
 -0- 7/9/93
 /CONTACT: Thomas M. Kitchen of Avondale Industries, 504-436-5237/
 (AVDL)


CO: Avondale Industries, Inc.; Louisiana Gaming Enterprises ST: Louisiana IN: MAR SU: CON

BN-TG -- AT012 -- 0087 07/09/93 17:24 EDT
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Publication:PR Newswire
Date:Jul 9, 1993
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