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Florida Gaming Signs Agreement With Autotote Enterprises/Connecticut OTB14 January 2002MIAMI, Florida --(Press Release)--Jan. 14, 2002--Florida Gaming Corporation (OTCBB:BETS) announced today that the Company has reached an agreement with Autotote Enterprises/Connecticut Off-Track Betting, that allows Florida Gaming Corporation to simulcast the Miami Jai-Alai signal throughout the state of Connecticut. The Miami Jai-Alai simulcast signal will be available for wagering at 13 locations, including 6 simulcast sites. Miami Jai-Alai fans can also place bets in Connecticut on the Miami Jai-Alai games through the Autotote On-The-Wire Phone Betting System. Florida Gaming Corporation is the largest Jai-Alai operator in the world. The Company owns and operates two pari-mutuel wagering facilities located at Miami and Ft. Pierce, Florida. These two facilities contain an aggregate of 230,000 square feet of gaming space which accommodates over 6,000 gaming positions. The Company also owns an inactive Jai-Alai pari-mutuel permit for Hillsborough County (Tampa), Florida. The Company offers pari-mutuel wagering on live Jai-Alai games at both facilities. Jai-Alai games are offered at the Ft. Pierce facility on a seasonal schedule. Jai-Alai games are played live and simulcast year round from the Miami facility via satellite to a total of sixty two (62) pari-mutuel wagering locations in Florida, Connecticut and Rhode Island, and to approximately twenty five (25) locations in Mexico, Central America, and Austria. The Company also offers year-round pari-mutuel satellite (simulcast) wagering on Jai-Alai, horse racing (thoroughbred and harness), and greyhound racing at both the Miami and Ft. Pierce locations. Poker and dominoes are played at the Miami Jai-Alai Crystal Card Room. |