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GAMMA INTERNATIONAL TO PROVIDE CONSULTING AND OTHER SERVICES TO CROWN CASINO LIMITED

 WEST ATLANTIC CITY, N.J., Jan. 5 /PRNewswire/ -- Gamma International, Ltd. ("Gamma") (NASDAQ Small Cap: GAMM), announced that the company entered into an agreement with Crown Casino Limited ("Crown") to provide Crown with consulting and other services with respect to the pre-opening phase of a casino, to be located in Melbourne, Australia. It is anticipated that Crown will open an interim casino this spring and operate that facility until the completion of its permanent resort complex. The terms of the agreement require Gamma to provide consulting personnel and expertise to develop and implement pre-opening activities of the casino operation; the agreement is subject to approval by the Victorian Casino Control Authority. Gamma anticipates this agreement will be a profitable opportunity for the company.
 In making the announcement, Alfred J. Luciani, president and chief executive officer of Gamma, said that "Gamma is delighted to be associated with such a pre-eminent Australian company and assist in the development of a world-class resort."
 Gamma International, Ltd. common stock, warrants and units are traded on the NASDAQ Small Cap Market under the symbols GAMM, GAMMW and GAMMU, respectively.
 -0- 1/5/94
 /CONTACT: Alfred J. Luciani, president of Gamma International, Ltd., 609-272-7700; or John Swanson of Swanson Communications, 212-683-4890/
 (GAMM)


CO: Gamma International, Ltd.; Crown Casino Limited ST: New York IN: CNO SU:

TW -- NY016 -- 9240 01/05/94 09:57 EST
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Publication:PR Newswire
Date:Jan 5, 1994
Words:228
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