Nasdaq Stock Market Extends Delisting of Florida Gaming Corporation Common Stock to Aug. 21, 1998
Business Wire - August 13, 1998 11:58
MIAMI--(BUSINESS WIRE)--Aug. 13, 1998--
Shares Expected to Trade on NASD OTC Bulletin Board
Florida Gaming Corporation ("FGC") (NASDAQ Small Cap:BETS) announced today that the staff of The Nasdaq Stock Market, Inc. has informed FGC that it has extended the date for the delisting of FGC from the Nasdaq Stock Market from Aug. 10, 1998 to the close of business on Aug. 21, 1998.
The staff granted the extension upon the request of FGC to give FGC time to arrange for market makers to sponsor the trading of the stock following the delisting.
The company has been advised by J.J.B. Hilliard, W.L. Lyons Inc., an investment banking firm based in Louisville, Ky. that it intends to register with the NASD OTC Bulletin Board to continue as a market maker for the Florida Gaming Corporation common stock.
Anyone wishing to purchase or sell common shares of Florida Gaming Corporation may contact:
Kim M. Seadler
at
J.J.B. Hilliard, W. L. Lyons Inc.
Hilliard Lyons Center
501 South 4th Street
Louisville, KY 40202
Phones 800/444-1854
502/588-8461
Fax 502/588-9150
Florida Gaming Corporation is the largest Jai-Alai operator in the world. The company has four Florida pari-mutuel wagering facilities located at Miami, Tampa, Ft. Pierce, and Ocala which contain an aggregate of 425,000 square feet of gaming space with over 10,000 gaming positions. The company offers wagering on live Jai-Alai games and Inter-Track Wagering via simulcasting of horse (thoroughbred and harness) and dog racing. In addition, poker and dominoes are played at the Crystal Card Room at the Miami facility.
CONTACT: Florida Gaming Corporation
W. Bennett Collett, Chairman
502/589-2000
or visit our web site:
fla-gaming.com
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