EUROPA CRUISES CORPORATION ANNOUNCES THE SELECTION OF H. STEVEN NORTON, AS
CHAIRMAN OF THE PRESIDENT'S ADVISORY BOARD
Madeira Beach, Florida (April 17, 2002) - Europa Cruises Corporation (OTCBB:
KRUZ) announced today that, as a result of a process begun some time ago, H.
Steve Norton agreed to serve as Chairman of the President's Advisory Board.
Mr. Norton's function will be to assist the Company in identifying corporate
opportunities and in the development of the Company's Diamondhead, Mississippi
property. Mr. Norton is expected to spearhead a team of experts required for
the successful operation of all major facets of a casino-resort development,
including, but not limited to, gaming, real estate development, entertainment,
marketing and promotion, hotel, food and beverage, accounting, housekeeping,
and human resources.
Mr. Norton brings extensive gaming experience to the Company. Mr. Norton
previously served as President and Chief Operating Officer of the Sands Hotel
& Casino in Las Vegas, Nevada; as President and Chief Operating Officer of
Argosy Gaming Company; as President and Chief Executive Officer of the Gold
River Gambling Hall & Resort in Laughlin, Nevada; as Executive Vice-President
of Resorts International, Inc. and Resorts International Casino Hotel in
Atlantic City, New Jersey; and as Vice-President, Treasurer and Comptroller of
Paradise Island, Ltd/Paradise Island Casino. Mr. Norton joined Argosy Gaming
Company as President and Chief Operating Officer prior to their public stock
offering. With Mr. Norton's assistance, Argosy grew from a single casino in
Alton, Illinois to the only casino company with operations in all five
riverboat gaming states by 1996. Mr. Norton currently serves as President of
Norton Management, Inc. and is a principal and member of the Board of
Directors of Centaur, Inc. and a member of the Board of Directors of Colorado
Casino Resorts. As an Officer and Director of various casino/resort companies,
Mr. Norton has been a principal spokesman, along with investment bankers, in
raising over two billion dollars of capital through the sale of stock,
mortgage bonds, convertible debentures, high yield bonds, and bank
syndications.
Mr. Norton has previously served as a founder and a Director of the American
Gaming Association; as a founder, a Director and Vice-Chairman of the New
Jersey Casino Association; as Chairman of the Indiana Gaming Association; as a
Director and Vice-President of the Missouri Gaming Association; as a Director
of the Illinois River Boat Association; and as Chairman of the Casino
Commission of the American Hotel Association.
Mr. Norton has also served on the Board of Directors and Executive Committee
of the American Hotel Association; as Chairman of the Board and President of
the New Jersey Hotel Motel Association; as Director and Vice-President of the
Bahamas Hotel Association;
as Chairman of the Bahamas Hotel Employers Association; as Director and
Treasurer of the Bahamas Employers Confederation; as a Board Member of the
Nevada Hotel Motel Association; as Chairman of the Atlantic City Convention &
Visitors Bureau; as Chairman of the Nassau Paradise Island Promotion Board;
and as a member of the Advisory Board of the Governors Office of Travel and
Tourism (New Jersey).
Deborah Vitale, President and Chairman of the Board of Directors, stated: "The
Company is pleased to have a gentleman with such an extensive gaming
background and such impressive experience join its team. Mr. Norton's
credentials are self-evident. We look forward to working with Mr. Norton in
reaching our corporate goals and know that he will be of tremendous assistance
to the Company." |
