Grand Soleil Casino Receives Operators License From Mississippi Gaming Commission

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Grand Soleil Casino receives operators license from Mississippi Gaming Commission.

After more than two years of preparations, the Grand Soleil Casino Resort - Natchez was licensed as a casino operator by the Mississippi Gaming Commission. "This license is a major accomplishment for our project and allows us to stay within our timelines allowing for a 4th quarter 2008 casino opening. Our plans are to bring a modern facility to Natchez that will complement the historical treasures found here," said Bill Bayba, president of Big River Enterprises, a developing partner for the Grand Soleil. Another partner in the development of the Grand Soleil is the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin. Victoria Doud, President of the Tribe stated, "We are excited to be a partner in this, our second casino resort development, and we are looking forward to a successful partnership and future in the beautiful historic city of Natchez." The tribe is the first Native American group to receive a suitability license from the Mississippi Gaming Commission.

In addition to the operator's license granted, the Mississippi Gaming Commission also granted individual suitability licenses to Mr. Bayba, Mrs. Doud, Dee Mayo, Vice-President of the Tribe, Gerri Brown, Secretary of the Tribe, and Wendy Grandin, the General Manager of the Grand Soleil.

The Grand Soleil Casino will feature 850 slot machines, 19 table games and a live poker room with 6 tables when open. The resort will feature a new 124 room hotel with a restaurant and lounge. The Grand Soleil also owns and currently operates The Briars, a 15 room bed & breakfast situated on the highest elevation point on the Mississippi River south of St. Louis. The hotel and casino openings are planned for the 4th quarter 2008.

This press release may be deemed to contain forward-looking statements, which are subject to change. These forward-looking statements may be significantly impacted, either positively or negatively by various factors, including without limitation, licensing, and other regulatory approvals, financing sources, development and construction activities, costs and delays, weather, permits, competition and business conditions in the gaming industry. The forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein.

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Baxter Lee
Grand Soleil Casino Resort - Natchez
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