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Park Place, Trump Bid for Indiana License

22 September 2003

INDIANAPOLIS, Indiana – As reported by the Associated Press: "Five companies submitted applications by Friday to operate a proposed casino in Orange County, including Park Place Entertainment Corp. of Las Vegas, an investor group involving Indiana Pacers President Larry Bird and a group led by casino magnate Donald Trump.

"The applicants are seeking to open a casino that lawmakers approved after a decade of lobbying by Orange County residents who believe the project is their only hope to improve the local economy and save two historic hotels in French Lick and West Baden Springs.

"…Each of the applicants paid the $16,110 fee required as part of the application to pay for the referendum, said Jenny Arnold, spokeswoman for the Indiana Gaming Commission.

"Bird, a hometown basketball hero who still has a home in French Lick, was named president of the Indiana Pacers last month. He is among several investors in Orange County Development, which submitted its application Friday. Bird has said he will donate his share of any casino profits to charity.

"Trump Indiana Casino Management, a subsidiary of Trump's Trump Hotels and Casino Resorts, submitted its application Sept. 12. The New York developer already operates a riverboat in Gary, as well as casinos in New Jersey and California.

"…Bally's is a brand of Park Place Entertainment Corp., which owns the Caesars Indiana riverboat on the Ohio River in Harrison County and operates casinos in Nevada, New Jersey, Mississippi, Louisiana, Canada, South Africa, Uruguay and Australia.

"Tranchant Indiana is affiliated with Groupe Tranchant, a France-based company that operates 18 casinos in France Switzerland, the Dominican Republican and Emerald Seas cruise lines.

"…Supporters hope a casino -- with slot machines, blackjack and poker -- will resurrect the local economy…"

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