CASINO MAGIC IN NEGOTIATIONS FOR CASINO MANAGEMENT AGREEMENT WITH RINCON INDIAN BAND IN SAN DIEGO, CALIF.
BAY SAINT LOUIS, Miss., Nov. 15 /PRNewswire/ -- Casino Magic Corp. (NASDAQ-NMS: CMAG) said today that it has been granted the exclusive right through March 3, 1994, to negotiate a management agreement with the Rincon Band of Mission Indians for the development, operation and management of a gaming casino on Rincon tribal land. The Rincon reservation is located in north San Diego County, approximately 40 miles northeast of San Diego, Calif. Casino Magic Corp., a Minnesota corporation with principal offices in Bay Saint Louis, Miss., operates gaming casinos in Bay Saint Louis and Biloxi, Miss., and Deadwood, S.D. The common stock of Casino Magic Corp. is listed on the NASDAQ National Market System under the symbol CMAG. -0- 11/15/93 /CONTACT: Doug Ewing of Swenson/Falker Associates, 612-371-0000, for Casino Magic; or Marlin Torguson of Casino Magic Corp., 601-467-9257/ (CMAG)
CO: Casino Magic Corp. ST: Minnesota, Mississippi, California IN: CNO SU:
AL-DS -- MN008 -- 4237 11/15/93 09:06 EST
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|Date:||Nov 15, 1993|
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