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LOUISIANA GAMING COMMISSION APPROVES AMENDMENTS

 ALTON, Ill., Nov. 12 /PRNewswire/ -- Argosy Gaming Company (NASDAQ: ARGY), operators of the Alton Belle Casino II, the first riverboat gambling casino in Illinois, announced today that the Louisiana Riverboat Gaming Commission has approved amendments to the preliminary certificate of approval which was granted to Jazz Enterprises, Inc. on March 26. Argosy Gaming Company and Jazz Enterprises are partners in the project.
 The amendments allow for Argosy to be designated as operator and general partner of the limited partnership for the site in Baton Rouge, Louisiana. Jazz Enterprises, Inc. will be a limited partner in the venture.
 Under the terms of the limited partnership agreement, the Company would own 90 percent and Jazz Enterprises would own 10 percent of an entity to be formed, which would operate a riverboat casino in the City of Baton Rouge, in the area known as "Catfish Town."
 In addition, Argosy will own 100 percent of the riverboat casino vessel which is being constructed by Avondale Industries, Inc. located in Louisiana. Construction of this riverboat began in July. The Company will lease a docking site and office and warehouse space from Jazz Enterprises, Inc.
 The partnership gaming venture, which filed an application with the Louisiana State Police in July, must receive a Louisiana Gaming License before operations can begin.
 -0- 11/12/93
 /CONTACT: G. Dan Marshall of Argosy Gaming Company, 618-474-7666/
 (ARGY)


CO: Argosy Gaming Company ST: Illinois IN: CNO SU:

TM -- NY078 -- 3853 11/12/93 16:14 EST
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Publication:PR Newswire
Date:Nov 12, 1993
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