Bruce Einhorn, Chairman & CEO of Excelsior

Gaming, LLC, a national gaming development

and management firm specializing in Native

American gaming operations, announced today

that it has entered into an agreement with the

Coushatta Tribe of Louisiana to develop and

manage a Casino for the Blue Lake Rancheria

near Eureka, California.

"The Coushatta own one of the largest and

most profitable Indian casinos in the country

and with the explosive market in California right

now we are glad to be there with such a

powerful partner" said Einhorn.

"The Blue Lake Rancheria has an excellent

location in Northern California and has been

waiting a long time for this project to happen.

We are all optimistic about a prosperous

outlook for the future," said Coushatta Tribal

Council member Bertney Langley.

Excelsior continues to have an interest in the

Pala Band of Mission Indians casino project in

southern California. While Excelsior has had an

ongoing relationship with the Pala Band since

1996, Jerry Turk and Anchor Gaming now

spearhead the project's development and will

undertake casino management responsibilities

upon the opening of the facility.