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TREASURE ISLAND CASINO AND BINGO HAS BEEN, AND CONTINUES TO BE, PROFITABLE

 RED WING, Minn., Feb. 26 /PRNewswire/ -- A recent article in the Twin Cities media gives the erroneous impression that Treasure Island Casino & Bingo in Red Wing is in a financial bind. This simply is not the case. Treasure Island Casino is financially healthy and remains profitable. January of 1993 was the best month financially of the previous eight months, and the first three weeks of February have exceeded that of January.
 There were several events last year including the opening of three major competitors and an extensive, costly busing program which affected business. The tribal council relied on the recommendations of their general manager and marketing director to develop and implement plans that would ensure the stability of the casino. When the council recognized that those plans were costly and would not produce the desired results they changed not only management but the marketing direction.
 As a result of their actions the business is on track and continues to be profitable. There have not been, nor will there be, any changes in gaming or operational procedures at the casino. The casino will continue to offer the finest gaming and entertainment to each and every customer now and in the years ahead. Through the councils' leadership and direction the present management is focused on new marketing concepts, internal controls and a business philosophy that ensures the success of the casino and the tribal community.
 -0- 2/26/93
 /CONTACT: Mike Wilkinson of Treasure Island Casino, 612-593-0353/


CO: Treasure Island Casino ST: Minnesota IN: CNO SU:

KH -- MN007 -- 0977 02/26/93 16:21 EST
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Publication:PR Newswire
Date:Feb 26, 1993
Words:263
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