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AmeriResource Reports 400% Increase in Royal Casino Passenger Traffic

12 September 2002

LAS VEGAS – (Press Release) -- AmeriResource Technologies, Inc., (OTC Bulletin Board: ARES) announces that Royal Casino Entertainment Corporation and Royal Casino Cruises LLC have seen the passenger count on their Royal Casino I, Gaming Day Cruise vessel, increase by 400% in its first 30 days of operation. On August 26, 2002, AmeriResource entered into a Definitive Agreement with Royal Casino Holding Corporation to acquire a 60% interest in its wholly owned subsidiary Royal Casino Entertainment Corporation and Royal Casino Cruises LLC. The transaction is expected to close within the next 20 days.

Delmar Janovec Chairman & CEO stated: "As we enter South Florida's high season, which runs from October through May, we're expecting a continued increase in passenger traffic, which should help Royal Casino Entertainment move toward profitability." Dharmesh Patel, President of Royal Casino Holding Corporation has focused on customer satisfaction. "Attention to detail by the management and staff of Royal Casino I should ensure complete customer satisfaction and continued growth."

The Company, which announced a definitive agreement to acquire a 60% interest in Royal Casino Entertainment Corporation and Royal Casino Cruises LLC operates a state of the art Gaming Day Cruise vessel, Royal Casino I, from the Ambassador Resort & Corporate Center, located on Florida's Intercostals Waterway at 4000 South Ocean Drive, Hollywood, Florida. The Royal Casino I, Gaming Day Cruise vessel, has a capacity of 365 passengers plus a 40-person crew. Royal Casino I operates two daily cruises at 11:00 a.m. and 7:00 p.m. Once, in International Waters the boat operates as a "Las Vegas" style Casino complete with slot machines, black jack, craps, roulette and baccarat tables. Live entertainment and a full buffet are also provided.

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