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CIRCUS CIRCUS ANNOUNCES LOUISIANA APPLICATION

 LAS VEGAS, Nov. 22 /PRNewswire/ -- Circus Circus Enterprises Inc. today announced that it has reached an agreement in principle with American Entertainment Corp. to develop and operate a riverboat gaming facility in Chalmette, La., 20 minutes east of the New Orleans central business district. The site is located near several major intersecting roadways that service the New Orleans Metropolitan Area. American Entertainment Corp. has received a certificate of preliminary approval to operate a gaming vessel at the Chalmette site from the Louisiana Riverboat Gaming Commission. The principal owner of American Entertainment Corp. is Joseph H. Georgusis, whose principal business, Park Investments Ltd., is a nationwide developer of shopping center facilities. Circus Circus and American Entertainment Corp. will jointly own the facility. Circus Circus will manage the facility.
 "We are delighted to have this opportunity to participate in the Louisiana market. We look forward to developing a successful project with our local partner," said Circus Circus President Clyde T. Turner.
 Development of the project is subject to the receipt of necessary licenses and approvals of the Louisiana Riverboat Gaming Commission and the Office of State Police, among others, and to the completion of definitive agreements between Circus Circus Enterprises Inc. and American Entertainment Corp.
 -0- 11/22/93
 /CONTACT: Clyde T. Turner, 702-734-0410, ext. 3189/


CO: Circus Circus Enterprises Inc.; American Entertainment Corp. ST: Nevada, Louisiana IN: CNO SU:

LS-MF -- LA035 -- 6962 11/22/93 16:31 EST
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Publication:PR Newswire
Date:Nov 22, 1993
Words:237
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