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North Metro track and card room project breaks ground

MINNEAPOLIS, Minnesota -- (PRESS RELEASE) -- Southwest Casino Corporation (OTCBB:SWCC) announced today that North Metro Harness Initiative, LLC, in which Southwest owns a 50% membership interest, has tentatively scheduled a groundbreaking ceremony for the harness track and card room that North Metro will build on the north side of the Minneapolis-St. Paul metropolitan area. The groundbreaking will be held at North Metro's harness track and card room site in Columbus, Minnesota on Thursday, January 18, 2007 at 2:00 p.m. local time.

The scheduling of the groundbreaking results from North Metro entering into a preliminary undertaking for construction and permanent financing and continued progress toward receipt of all required permits and government approvals. The undertaking to provide the financing remains subject to numerous conditions, including Southwest's need for additional funds with which to make up to $2 million in further capital contributions to North Metro, completion of the lender's due diligence, preparation of definitive loan documents, and approval of the financing arrangement by the Minnesota Racing Commission.

Jim Druck, CEO of Southwest Casino Corporation said, "We are pleased to be able to announce this groundbreaking as a result of progress on the financing and permitting for the North Metro project. We believe we will be able to meet the requirements of the proposed financing and secure all remaining government approvals and be ready to hold the groundbreaking on January 18th. When the litigation challenging North Metro's racing licenses ended late last summer, we felt we had six to eight months of hard work to do before we could begin construction and we are ahead of that schedule. We would like to thank the federal, state and local government authorities who have been working with us on this project for their cooperation in getting us to this point.

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