SOURCE: Ellis Gaming

June 22, 2006 18:00 ET

NIGC Approves Management Contract Between Ellis Gaming and Kickapoo Tribe of Oklahoma

MCCLOUD, OK -- (MARKET WIRE) -- June 22, 2006 -- Ellis Gaming and Kickapoo Tribe of Oklahoma have been granted approval by the National Indian Gaming Commission to move into a five-year management contract in which Ellis Gaming will oversee all operations of the tribe's current casino, Kickapoo Casino.

The tribe, located in McCloud, Oklahoma, is 20 miles east of Oklahoma City. Immediate plans include a $28 million expansion of their existing property, with future plans to include a full-service luxury resort including 2,000 slot machines, eight restaurants, a hotel and spa. The project's estimated completion date is the last quarter of 2008.

"We are honored to welcome the Ellis Gaming Group into our family; they have proven to be both honorable and educated business professionals," said Tony Salazar, Chairman of the Kickapoo Tribe of Oklahoma. "We look forward to a strong partnership in the future."

"Through our dedication to the tribe and their property, we will implement a training program which allows the employees to develop useful leadership skills that will enhance the property's success," said Rick Richards, Chief Operating Officer for Ellis Gaming.

Tribal Governmental gaming generated revenue of approximately $20 billion in 2004. There are 354 Tribal Governmental gaming operations in the United States, in which 30 of those are under management contracts. Ellis Gaming manages operations for two Tribal Governmental properties and is awaiting approval of a third property, which will make Ellis Gaming the second largest Indian gaming management company in the country.

"Standing above the agreement is our respect for the Kickapoo Tribe of Oklahoma and their culture. We look forward with great anticipation to the next five years," said R. Shawn Ellis, President of Ellis Gaming.

About Ellis Gaming

Ellis Gaming is a Nevada-based Limited Liability Company focused on casino management both in tribal and non-tribal community and the commercial gaming industry. Ellis Gaming has a depth of tribal relationships unmatched in the industry. Currently Ellis Gaming has an interest in the South Beach Casino in Manitoba, Canada, Approved Management Contracts in California and Oklahoma and the Dominican Republic and a third tribal gaming management contract pending with the NIGC for the Elk Valley Rancheria in California. Ellis Gaming is currently seeking management opportunities in various commercial markets including Las Vegas. For more information, visit www.ellisgaming.com.

About Kickapoo Tribe of Oklahoma

The Kickapoo Tribe of Oklahoma (KTO) headquarters are located one mile north of McLoud, OK. The first Constitution and By-Laws were ratified by the qualified voters on September 18, 1937. The current Constitution and By-Laws were ratified on December 10, 1977. The supreme governing body of the Tribe is the Kickapoo Council, which is all tribal members over the age of eighteen (18). The Kickapoo Council is represented by elected officers, the Business Committee, in matters pertaining to the Tribe.

The Kickapoo Tribe was said to have been discovered by a Catholic Missionary around 1667. They were originally located in Wisconsin and Michigan but through the encroachment of white settlers and siding with the British in the war of 1812 they were forced further south to the Kansas and Oklahoma territories and even as far as Mexico.

Today the Kickapoo Tribe of Oklahoma is still a very traditional tribe. The primary language is the Kickapoo language. The Council meetings are primarily held in Kickapoo. The KTO still practice their religious customs and traditions. They also interact with other members of the Kickapoo Traditional Tribe of Texas on a regular basis.

About The National Indian Gaming Commission

As an independent federal regulatory agency of the United States, the National Indian Gaming Commission (Commission) was established pursuant to the Indian Gaming Regulatory Act of 1988 (Act). The Commission comprises of a Chairman and two Commissioners, each of whom serves on a full-time basis for a three-year term. The Chairman is appointed by the President and must be confirmed by the Senate. The Secretary of the Interior appoints the other two Commissioners. Under the Act, at least two of the three Commissioners must be enrolled members of a federally recognized Indian tribe, and no more than two members may be of the same political party.

The Commission maintains its headquarters in Washington, D.C., with five Regional Offices, located in Portland, Ore.; Sacramento, Calif.; Phoenix, Ariz.; St. Paul, Minn.; and Tulsa, Okla. For more information, visit www.nigc.gov.

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