Gateway Casinos Income Fund
TSX : GCI.UN

Gateway Casinos Income Fund

August 15, 2007 16:11 ET

Gateway Casinos Income Fund Announces July Distribution

BURNABY, BRITISH COLUMBIA--(Marketwire - Aug. 15, 2007) - Gateway Casinos Income Fund (the "Fund") (TSX:GCI.UN) is pleased to announce a cash distribution of $0.025 per unit for the period of July 26 to July 31, 2007. This distribution, with the $0.10 per unit special distribution for the period of July 1 to July 25, 2007 paid on July 31, 2007, brings our total distribution for the month of July to our normal monthly amount of $0.125 per unit. The $0.025 per unit distribution will be paid to unitholders of record at the close of business on August 24, 2007 and will be payable on August 31, 2007.

The Fund is an unincorporated open-ended limited purpose trust established under the laws of British Columbia, which operates the Burnaby Casino and Cascades Casino in Greater Vancouver, B.C., the Palace Casino in Edmonton, Alberta and the Lake City Casinos in Kamloops, Kelowna, Penticton and Vernon, B.C. Headquartered in Burnaby, B.C., the Fund is one of the largest casino operators in Western Canada.

To find out more about Gateway Casinos Income Fund (TSX: GCI.UN), visit our website at http://www.gatewaycasinosincomefund.com.

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