Argosy Gaming Company Withdraws from Singapore Integrated Resort Proposal Process

Argosy Gaming Company Withdraws from Singapore Integrated Resort
Proposal Process 


ALTON, Ill., April 26  /PRNewswire-FirstCall/ -- Argosy Gaming Company
(NYSE:AGY) today announced that it has been selected by the Singapore Tourism
Board to participate in a Request for Proposal to develop an integrated resort
complex in Singapore, but has withdrawn its name from further consideration for
the project.  Argosy began work on the project in 2004, in response to a
Request for Concept, when the timeframe for legalization of casino gaming in
Singapore and development of the integrated resort project was unknown.  While
pleased that the initial submission qualified for the final bidding process,
due to the expected summer deadline for the Request for Proposal, and in light
of the pending merger of Argosy with Penn National Gaming, Argosy and Penn have
agreed not to move forward with the process.

About Argosy Gaming Company

Argosy Gaming Company is a leading owner and operator of casinos and related
entertainment and hotel facilities in the midwestern and southern United
States. Argosy owns and operates the Argosy Casino-Alton in Illinois, serving
the St. Louis metropolitan market; the Argosy Casino-Riverside in Missouri,
serving the greater Kansas City metropolitan market; the Argosy Casino-Baton
Rouge in Louisiana; the Argosy Casino-Sioux City in Iowa; the Argosy
Casino-Lawrenceburg in Indiana, serving the Cincinnati and Dayton metropolitan
markets; and the Empress Casino Joliet in Illinois serving the greater
Chicagoland market. 

DATASOURCE: Argosy Gaming Company



CONTACT: Jim Wise, [phone], or, Erin Williams, [phone],

both of Argosy Gaming Company



Web site:  http://www.argosycasinos.com/ 

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