News on CSNR
Casino Resource Corporation Announces Selling Joint Venture Interest
/FROM PR NEWSWIRE MINNEAPOLIS 612-331-7800/
TO BUSINESS EDITOR:
Casino Resource Corporation Announces Selling Joint Venture Interest
OCEAN SPRINGS, Miss., June 23 /PRNewswire/ -- Casino Resource Corporation
(OTC Bulletin Board: CSNR), a Minnesota Corporation, headquartered in Ocean
Springs, Miss., confirmed today that, with the selection of Lakes Gaming, Inc.
(Nasdaq: LACO) by the Pokagon Band of Potawatomi Indians with respect to the
development and management of their casino complex in southwestern Michigan,
CRC and Lakes Gaming are negotiating regarding the financial remuneration to
be paid to CRC for the termination of CRC's 20% interest in the previously
contemplated joint venture with Lakes Gaming.
Casino Resource Corporation is a diversified entertainment and gaming
enterprise. The Company owns and operates the 2,000-seat Country Tonite
Theatre in Branson, Mo. Additionally, the Company owns Country Tonite
Enterprises, an award-winning theatrical production company in Las Vegas, Nev.
(producers of the "Country Tonite Show"). The Country Tonite Show is presently
performing in Branson's Country Tonite Theatre and in the Country Tonite
Theatre in Pigeon Forge, Tenn. The Company has opened and operates a casino
and 500-seat theatre in Sousse Tunisia, North Africa.
SOURCE Casino Resource Corporation
/CONTACT: Robert J. Allen, Vice President of Casino Resource
Corporation,228-872-5558/
Jun-23-1999 07:35 GMT
Symbols:
US;CSNR US;LACO
Source PRN PR NewsWire
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