Evergreen Gaming Corporation

Evergreen Gaming Corporation

April 29, 2008 14:05 ET

Evergreen Gaming Corp. 2007 Revenues Increase 12%

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2008) - Evergreen Gaming Corp. (the "Company") (TSX VENTURE:TNA) announces its financial results for the year ended December 31, 2007.


- The Company had a strong financial year with year over year growth exceeding 12%. Revenues for 2007 were $50,845,716, compared to $45,281,817 for 2006.

- On October 2, 2007, the Company acquired 100% of Silver Dollar Casino and Entertainment Centre located in Calgary, Alberta for Cdn$22,000,000. The facility is a 100,000 square foot casino & entertainment complex featuring 504 slot machines, 25 video lottery terminals, 20 gaming tables, a 38 lane bowling alley, a new 1200 seat live entertainment and convention facility.

- In March, 2007, the Company acquired the Drift on Inn Roadhouse Casino and the Club Hollywood Casino located in the Seattle-Puget Sound area of Washington State for a total cost of $7,690,700.

President, Norman Osatuik stated: "We are proud of the accomplishments that Evergreen gaming achieved in 2007. We were able to successfully execute on our strategy of acquiring businesses strategically located, with growth potential that represents good value for shareholders."

About the Company: Evergreen Gaming is a Richmond, BC, based publicly traded (TSX.V) Casino and Hospitality Company with over 1600 employees. Through its subsidiary companies, Evergreen owns and operates 11 casinos in the State of Washington and the Silver Dollar Casino & Entertainment Centre in Calgary, Alberta.

To view the Management's Discussion and Analysis and the Consolidated Financial Statements, please click on the following link: http://media3.marketwire.com/docs/0429tna.pdf

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