Page 54: of Maritime Reporter Magazine (January 1995)

Riverboat Gaming Newt — State By State ment, Argosy is appointed construc- tion manager and general manager of the Catfish Town project for Jazz, and has complete control of con- struction and completion of the Cat- fish Town project.

Argosy will make initial payments to Jazz totaling $8.5 million, and $1.35 million per year for the next 10 years, followed by payments of $.5 million for the following 10 years, all made quarterly.

Argosy will assume debts of the project, and pay about $2 million on construction contracts. Con- struction has reportedly resumed at the Catfish Town project. The company said it would try to renew its occupancy permit for the site, which expired Dec. 28, 1994.

Louisiana

More Than 14,000

Flock To New

Flamingo Casino

More than 14,000 guests flocked to the new Flamingo Casino New Or- leans for grand opening day, Nov. 19,

STABLE INUESTMENTS

WITH MANY RETURNS. 120 PASSENGER • FAST CAT/MUM HARBOR COMMUTER FIRRY

FERRIES FROM PBI ARE

INVESTMENTS IN PROVEN ASSETS. * QUALITY ^ INTEGRITY ^ EXPERIENCE

PROVEN DESIGNS ^ TIMELY DELIVERY ^ CUSTOMER SATISFACTION

JBj

Peterson Builders, Inc.

P.O. Box 650 STURGEON BAY, WISCONSIN 54235-0650 (414) 743-5574 FAX: (414) 743-4784 260 PASSENGER /2b CAR • FXCURSION FERRY 62 PASSENGER - Low WASH CATAMARAN RIVER COMMUTER FERRY 360 PASSENGER • FAST CATAMARAN COASTAL PASSENGER FERRY

Circle 264 on Reader Service Card 1994, setting a new daily atten- dance record for the casino ven- ture.

A christening ceremony was held, which featured remarks by city and state dignitaries and ca- sino officials, including Hilton Ho- tels Corporation's Barron Hilton, chairman and CEO, andRaymond

Avansino, president and COO; and

Warren L. Reuther Jr., presi- dent of New Orleans Paddlewheels,

Inc.

The joint venture of Hilton Ho- tels Corp. and New Orleans

Paddlewheels, Inc., opened the

Queen of New Orleans as

Louisiana's first casino on the Mis- sissippi River on February 10,1994, in an effort to bring gaming to down- town New Orleans as soon as pos- sible.

The 322-ft. (98.1-m) Flamingo was constructed at Trinity Marine's

Equitable-Halter shipyard in New

Orleans East.

Hie Flamingo has over more than 1,300 slots, video poker and specialty games, and 75 table games including blackjack, craps and Pai

Gow Poker.

The Flamingo was originally in- tended to be named the Queen of

New Orleans, to carry on that name when it replaced the original

Queen— but its new name was re- portedly decided upon because it was believed to have more of a Las

Vegas style.

For more information on Trinity

Circle 91 on Reader Service Card

Innovative Gaming

Gets Riverboat OK

For Video Machines

Innovative Gaming Corporation of America received its manufac- turer and gaming supplier permit from the Louisiana State Police

Gaming Division effective Nov. 30, 1994.

The company's technical game approvals for its Live Video Black- jack and Live Video Craps have also been received and the com- pany expects to pursue sales oppor- tunities soon.

Innovative Gaming had previ- ously received approval to sell its games to Louisiana Indian Casinos in June of 1994.

With the receipt of its riverboat approval, the company now has the opportunity to market its products to seven riverboat casinos currently operating in the state of Louisiana.

Innovative Gaming Corporation of America develops, manufactures and distributes group participation video gaming machines.

The company has applied for manufacturer/distributor licenses or is in the process of seeking tech- nical game approvals in Colorado,

Illinois, Iowa, Missouri, Nevada, S.

Dakota and Wisconsin.

For more information

Circle 90 on Reader Service Card 50B Maritime Reporter/Engineering News