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To: Bidder who wrote (11386)	10/8/1999 1:55:00 PM
From: Jim Bishop	Respond to of 150070

So's LVEN on the news. Bounced big time, coming back now. LOS ANGELES--(BUSINESS WIRE)--Oct. 8, 1999--Las Vegas Entertainment Network, Inc. (Nasdaq:LVEN - news), Friday filed schedule 14-D1 in which the company has proposed a tender offer purchase of all outstanding shares of Jackpot Enterprises, Inc. (NYSE:J - news), a Nevada corporation specializing in the distribution and operation of slot machines. The $11 per share all-cash offer is for 100% of the approximately 8.6 million shares and is subject to Nevada Gaming Control approval. LVEN funds for the acquisition are to be made available from the recent $190 million Investment Agreement signed September 29, 1999. Statements made in this release, other than those concerning historical information, should be considered forward-looking and are made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are made based upon management's current beliefs as well as assumptions made by, and information currently available to, management and are subject to various risks and uncertainties. Actual results may differ materially from the results anticipated in these forward-looking statements. Note: certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Investors who seek more information about the company's business and relevant risk factors may wish to review the company's periodic reports filed with the Securities and Exchange Commission including, but not limited to, its most recent Annual Report on Form 10-K/SB and Quarterly Report on Form 10-QSB. This is not a solicitation to invest and certain material facts may be omitted or not fully disclosed. Complete details of LVEN's joint venture agreement will be provided in the company's upcoming 10-Q and 8-K filing with the Securities and Exchange Commission. The company urges caution in trading its securities until it provides further details. Contact: Las Vegas Entertainment Network Tim Noyle, 310/551-0011