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To: rjm2 who wrote (790)10/2/2000 6:51:14 PM
From: rjm2  Respond to of 858
 
Monday October 2, 4:45 pm Eastern Time
Press Release
Latin American Casinos, Inc. Announces Resignations and Appointments to Board of Directors
NORTH MIAMI BEACH, Fla.--(BUSINESS WIRE)--Oct. 2, 2000--Latin American Casinos, Inc. (Nasdaq:LACI - news) ``The Company'' is announcing today that Geraldine Lyons, Jeffrey Felder, and Angel Garcia have resigned as members of the Board of Directors. Todd Sanders, William Bossung and Michael Iscove have been elected to serve as members of the Board of Directors until the next annual meeting of shareholders.

The Company is continuing to receive an excellent response to it's e-commerce site for it's subsidiary, World's Best Rated Cigar Co. With the opening of www.worldsbestrated.com, the company is looking toward continued growth in our cigar business.

Some of the statements in this release discuss future expectations, contain projections of results of operations or financial conditions or state other ``forward looking'' information. Those statements are based on our assumptions and are subject to known and unknown risks, uncertainties and other factors that could cause the actual results to differ materially from the results we currently contemplate. Important factors that could cause actual results to differ materially from projections include: any decision by major retail chains to discontinue selling all tobacco products or to place humidors in disadvantageous locations within their stores; changes in government regulations, particularly relating to cigars or small cigars, tax rates and similar matters.

--------------------------------------------------------------------------------
Contact:

Latin American Casinos, Inc., North Miami Beach
Jeffrey A. Felder, CEO, 305/945-2929



To: rjm2 who wrote (790)10/3/2000 6:42:50 PM
From: BudLong  Read Replies (1) | Respond to of 858
 
Under accumulation? LOL!! What are you smoking? (Other than worldsbestrated cigars, of course...)

Let’s do the math... since 9/20, 98,200 shares have traded, the vast majority of these on 9/28 (64,800). On five of those days, 2,000 shares or fewer have changed hands. That’s some really serious accumulation.

This kind of “accumulation” indicates BIG things happening. With a name like Latin American Casinos, Inc., this is as much of a sure thing as a trip to Vegas -- or to a bordello in Caracas with a slot machine....

Bud