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The Wall Street Transcript Publishes CEO Interviews in the Gaming Industry Issue

In a vital review of this evolving sector for investors and industry professionals, this valuable 60-page Gaming Industry issue features:

1) Five extensive (average 2,500 words) Interviews with top management discussing the outlook for their firm and the sector.

CEO Richard Fedor of GameTech (Nasdaq: GMTC - news) declares, "We look at complementary businesses, complementary products that may leverage our product line. We look at new business venues that we may want to participate in, that are part of our strategic plan and complementary to our technology and capabilities. There are many areas that we are looking at in the entertainment field. We view ourselves as an entertainment company, so I think that is really the key."

M. Mark Michalko, President of International Lottery & Totalizator systems (OTC Bulletin Board: ITSI.OB - news), states, "It is important to note that we believe there is greater growth potential for ILTS in lotteries than in racing. At this time we have strategically elected not to pursue parimutuel business in the United States. That may seem odd, given that ILTS is a California corporation, but by design, our business has been entirely in the overseas market, where we have been extremely successful in providing systems and services to prestigious customers such as the Hong Kong Jockey Club, all of the racecourses in Sweden and Norway, and now the Singapore Turf Club. We have serviced many of these entities for years, and expect to continue doing so for years to come."

Looking forward, Lyle Berman, CEO of Lakes Gaming (Nasdaq: LACO - news), declares, "What's interesting is in the next three years we will potentially build more casino space than any gaming company in the United States. I know of no gaming company today that in the next three years plans to build three very large new gaming facilities. Most of the action, as you are well aware, in gaming today is mergers and acquisitions, not development."

Ferenc Szony, CEO of The Sands Regent (Nasdaq: SNDS - news), states: "What sets us a little bit apart then from some of the others is that not only do we offer value in gaming, but we also have the restaurant and room component, the entertainment component, with our Comedy Club, and various things that you don't normally get at some of the smaller local casinos."

Steven Weiss, CEO of Casino Data Systems (Nasdaq: CSDS - news), explains: "We're a technology company and one of the real strengths of Casino Data Systems is not just to identify a market need, but to be able to satisfy that need quickly, efficiently and cost effectively. That's how we were able to compete effectively in 1994 and 1995 in recurring revenue systems; that's how we launched our tracking systems business; that's how we have leading product in multi-media gaming; and that's why we think we'll be the leader in group gaming.

This 60-page Gaming Industry issue also features:

Gaming Industry—In an in-depth (13,200 words) Analyst Roundtable, David Anders, First Vice President at Merrill Lynch, Harry Curtis, Managing Director at Robertson Stephens, Brian Egger, Vice President in the Equities Research Department of Donaldson, Lufkin & Jenrette, and Robin Farley, Vice President and Senior Analyst in the Equity Research Division of Deutsche Banc Alex. Brown, examine the outlook for riverboat operators, Nevada casinos, North American gaming and gaming suppliers and share specific stocks recommendations.

2) Outlook for Gaming Stocks—In an in-depth (2,800 words) Analyst Interview, Jason Ader, Senior Managing Director at Bear, Stearns & Co. examine the outlook for Gaming Stocks, explains why he is optimistic about the gaming industry's prospect for the duration of this year, and shares specific stocks recommendations.

3) The TWST confidential Off-The-Record survey of management performance at nine sector firms asked market insiders about the ability of management teams to create shareholder value. Firms reviewed in Off-The-Record include: Argosy Gaming, Harrah's Entertainment, International Game Technology, Mandalay Resorts, MGM Grand, Mirage Resorts, Park Place Entertainment, Pinnacle Entertainment, Station Casinos.

To obtain a copy of this 60-page Gaming Industry issue, call 212-952-7433 or see http://www.twst.com/info/info93.htm.

The Wall Street Transcript is a premier weekly investment publication interviewing market professionals for serious investors for over 36 years. I

nvestors can ask any of the above companies (or any public company) a question at http://www.qawire.com

The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations.

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