FARMINGTON, N.M. (June 29, 1999) – SunRay Gaming of New Mexico, LLC,
has received its gaming operators license from the State of New Mexico
Gaming Control Board for the new SunRay Park & Casino, a combination
slot-machine casino and simulcast/pari-mutuel race track. The official
opening day is Friday, July 2.

 The casino will feature 300 reel and video slot machines. Recent state
legislation in New Mexico allows existing horse racetracks to operate up
to 300 slot machines on days that live or simulcast horse racing is
held.

More than $9 million has been invested in revitalizing the former San
Juan Downs racetrack. SunRay secured a 10-year lease with an option for
an additional 10 years from San Juan County, N.M., which owns the
property.

The state of New Mexico’s racing commission has already granted SunRay’s
racing license. Daily simulcasts of thoroughbred, quarter horse and
harness races from tracks nationwide will be aired on SunRay’s 162
screens, including 64 screens in the betting carrels. Live thoroughbred
and quarter horse racing is set to debut in October 1999.

SunRay officials say the "racino," at full operations, will employ over
250 people and will become a leading attraction to the Four Corners
area, which already has a well-established tourism base.
"While securing SunRay Park’s gaming and racing licenses might be seen
as the final step in a long process, it actually marks the beginning of
an exciting future for SunRay Gaming as we look to establish and operate
other casino, pari-mutuel, resort and entertainment properties," said
Ray Walters, chairman of SunRay.

 "SunRay has developed a solid management team with extensive
experience, proven successes and wide-ranging expertise not only in
gaming but also in entertainment, tourism, resort operations and
customer service," Walters said. "We’ve taken great care to brand the
SunRay concept, which puts a total quality entertainment experience at
the core of our operations."

SunRay is focused on developing small, clean, fun and friendly gaming
resort operations that appeal to the middle-market guest. "We’re taking
a strong strategic position in this niche market," Walters said. "SunRay
Gaming properties will provide most of the amenities of the major gaming
resorts but will surpass them in accessibility, friendliness and
personal attention."

 SunRay Park’s amenities include extensive food and beverage operations.
Adjacent to the casino is "Legends, the Hall-of-Fame Sports Bar &
Grill," a full-service bar and restaurant with seating for 200 patrons
and showcasing a sports memorabilia collection provided by Baseball Hall
of Famer Steve "Lefty" Carlton, the Phillies strike-out king.  Carlton
serves as SunRay’s official sports spokesperson. A 60-inch projection
screen at the bar will link Legends to the pari-mutuel wagering theater.

 The property also offers 50,000-square-foot open air exhibit plaza and
a 25,000-square-foot apron in front of the 1,400-seat grandstand. Future
plans include a gourmet steak and lobster restaurant atop the building.

 The SunRay Park & Casino is located between Farmington and Bloomfield,
N.M., along U.S. Highway 64.

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