GEM Communications to Acquire Full Interest in Bingo World

12 November 2001

LAS VEGAS, Nevada -- (Press Release) -- Nov. 12, 2001 -- GEM Communications, LLC, announced that
it has agreed to acquire full interest in Bingo World Trade Show and
Conference from producing partner Dion Entertainment of Surrey, British
Columbia, Canada, for an undisclosed sum. GEM Communications and Dion
Entertainment first entered into a producing partnership in April 1998.

Now entering its sixth year, Bingo World Trade Show and Conference is the
bingo industry's leading educational conference and trade show. Following the
buyout, GEM will be the sole owner and producer of the Sixth Bingo World Trade
Show and Conference, March 5-7, 2002, at the Riviera Hotel and Casino in Las

The three-day conference and exposition will feature speakers and
exhibitors from around the world. More than 2,000 people are expected to
attend the expo, which will feature approximately 80 exhibiting companies and
nine educational conference sessions.

"We have enjoyed our working partnership with Dion Entertainment," said
GEM President Bill Newman, "and know that Bingo World and the bingo industry
at-large are stronger because of the efforts of both companies. GEM's sole
ownership of Bingo World fits with our ongoing mission to be the industry's
leading gaming media company. Through our 12 gaming-oriented magazines and
our diverse regional and international trade shows, GEM provides feasible and
viable one-stop marketing solutions to gaming manufacturers worldwide."

GEM Communications produces the world's leading gaming exhibitions and
conferences, including the Las Vegas-based World Gaming Congress and Expo
(entering its 16th year), American Gaming Summit, Casino Ops, and the Southern
Gaming Summit in Biloxi, Miss. GEM publishes 12 trade magazines and
newsletters around the world: IGWB, Casino Journal, Slot Manager, Indian
Gaming Business, Lottery Business, Casino Executive Reports, Gaming for
Africa, InterGame, InterGaming, InterPark, AB Europe and National Gaming

Related Links
Bingo World 2002 Conference and Trade Show