Concorde Gaming Corp.'s Chief Financial Officer Resigns

Business Wire, Nov 15, 2002

Business Editors

RAPID CITY, S.D.--(BUSINESS WIRE)--Nov. 15, 2002

Concorde Gaming Corporation (Pink Sheets:CGAM) announced the resignation of Gary R. Fish as the Company's Chief Financial Officer effective November 25, 2002. The Company plans to begin an immediate search for Mr. Fish's replacement.

"We are disappointed to see Gary leave our management team and I thank him for his contributions to our organization." commented Jerry Baum, President and Chief Executive Officer. "We have improved our capital structure and overall financial position over the last year. We plan to attract an experienced financial executive to replace Gary to help us continue this trend."

Concorde Gaming Corporation owns and operates two gaming properties with over 500 gaming devices in operation. The Company operates a limited stakes gaming property, the Golden Gates Casino in Black Hawk, Colorado, and a day-cruise gaming property, the Casino Princesa, based out of Miami, Florida. The Company's corporate offices are located in Rapid City, South Dakota.

Statements contained in this press release, which are not historical facts, are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which can cause actual results to differ materially from those currently anticipated, due to a number of factors, which include, but are not limited to, changes in gaming regulations and tax rates in Colorado, Florida, and other jurisdictions, the level and rate of growth in the Company's operations, the Company's ability to continue to increase customer traffic to its properties, the timely completion of the improvements to the Golden Gates Casino property, the Company's ability to continue to impose strong cost controls and the effect of the Company's accounting policies and other risk factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time.

For further information, please contact Jerry Baum, President & CEO.