Corporate Office

Foundation Gaming Group, LLC
2310 19th Street
Gulfport, MS 39501
Phone: 228.222.3222

News

Foundation Gaming Group begins operating two casinos in Tunica, MS

Gulfport, Mississippi, November 29, 2011- Foundation Gaming Group, LLC announced today that it has successfully assumed operation of the Resorts and Bally's Casinos in Tunica, MS following the completion of the previously announced foreclosure which was part of a settlement agreement between the former owner of the casinos and its lenders. The Resorts and Bally’s Casinos have remained open through this entire process, and have had no disruption to their operations.

“I am excited that the transaction has been completed. Everyone involved in the transaction put in a tremendous effort over the last three weeks to make this happen without any disruption to the business, and I want to thank everyone for their effort, and specifically want to thank the Mississippi Gaming Commission staff for their assistance in completing this transaction?stated Allan Solomon, Principal and Chairman of Foundation Gaming Group, LLC.

“Now that the transition of operations is complete, we can shift our focus to the opportunities that the transaction affords these properties,?said Greg Guida, Principal and Chief Executive Officer of Foundation Gaming Group. “The completion of the transition marks a new beginning for these properties, and we look forward to implementing a business plan for the coming year which will focus on maximizing the tremendous potential we see in the properties.?/p>

Les McMackin, Chief Operations and Marketing Officer added, “The property teams did a great job in assisting us through this transition, and we look forward to working with them to continue to deliver a great entertainment experience to all of our loyal customers and building new and lasting relationships with new customers.?/p>

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