INTERNATIONAL GAMING MANAGEMENT, INC. ANNOUNCES SITE APPROVAL FOR D'IBERVILLE, MISS.
MINNEAPOLIS, June 29 /PRNewswire/ -- International Gaming Management, Inc. (NASDAQ: IGMM) today announced the Mississippi Gaming Commission granted site approval to International Gaming Management, Inc., through Spectrum Gaming of MS, Inc., for a proposed 40,000-square- foot riverboat/dockside casino in D'Iberville, Miss. Site approval is an important and necessary step in the process of obtaining a gaming license from the commission which necessitates further investigatory steps before a license is granted. The site, which is located immediately off the D'Iberville exit of Interstate 110, is comprised of approximately 13 acres on the Back Bay area leading into the Gulf resort region near Biloxi. The site was previously zoned for a casino by the D'Iberville City Council and plans have been completed for the casino which will include a 12,000-square-foot restaurant and entertainment lounge. The casino will feature 700 - 800 slot machines and up to 50 table games. "We are pleased that International Gaming Management, Inc. has been granted site approval," according to W. Bucky Howard, chairman. "Our senior executive team will bring more than 100 years of gaming operations experience to the D'Iberville facility." IGMM has one other casino-zoned site in Mississippi. A 38-acre site in Greenville which will house a 25,000-square-foot casino, pending State Gaming Commission approval. International Gaming Management, Inc., headquartered in Minneapolis, is a diversified gaming corporation with interests in casino gaming and electronic gaming device distribution 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- 6/29/93 /CONTACT: Douglas Polinsky of International Gaming Management, 612-546-8140, or Parrish Ketchmark of Howard Bronson & Company, 212-867-6160, for International Gaming Management/ (IGMM)
CO: International Gaming Management, Inc. ST: Minnesota IN: CNO SU:
LR-PS -- NY015 -- 6541 06/29/93 08:15 EDT
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|Date:||Jun 29, 1993|
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