Sunday, June 04, 2006

Art Frank, former President and CEO of Casino Rama, has been named President of Niagara Casinos by the board of directors of Falls Management Company (FMC).

As President of Niagara Casinos, Mr. Frank will be responsible for the day-to-day operation of both Fallsview Casino Resort and Casino Niagara.

While with Casino Rama, Mr. Frank spearheaded expansion including an entertainment centre, an all-suite hotel, restaurants and a spa. Casino Rama experienced record financial success over the past three years while under Mr. Frank's charge.

Prior to his tenure at Casino Rama, Mr. Frank served as Sr. Vice President, Gaming Division, Carnival Resorts & Casinos, responsible for all U.S. and Caribbean casino operations and development of new projects.

"Mr. Frank's in-depth gaming experience and knowledge of the Ontario gaming market will prove to be important assets in his leadership role with Niagara Casinos, building on the current success of Fallsview Casino Resort and Casino Niagara," said Clare Copeland, CEO, FMC.

Mr. Frank's appointment is effective July 1, 2006.

Falls Management Company is a consortium of five firms which was selected by the Ontario Lottery and Gaming Corporation to operate Casino Niagara; and to finance, design, build and operate Fallsview Casino Resort.

Built on a cliff overlooking the world-famous Horseshoe Falls, Fallsview Casino Resort is the largest and most elegant gaming resort facility in Canada and the crown jewel in Niagara's stunning array of wonders. It features a casino with over 3,000 slot machines and 142 gaming tables, a 374-room luxury hotel, a full-service spa and fitness centre, a 1,500-seat showroom, dozens of dining and shopping options, over 30,000 square feet of meeting and convention space, the only wedding chapel in a Canadian gaming facility and the brand new nightclub 'Dragonfly.'

Opened to the public on December 9, 1996, Casino Niagara remains a cornerstone of the tourism and nightlife scenes in Niagara Falls, Canada. In 2005, Casino Niagara underwent $12 million in renovations and is today home to more than 1,800 slot machines, 80 gaming tables, a 15-table poker room, a new steakhouse called "Lucky's," an expanded Market Buffet, two new bars called "Quench" and "Corona," an on-site radio broadcast centre, a stage for live entertainment right on the gaming floor, a Yuk Yuk's comedy club and "The Sports Section" - Canada's only casino-based facility dedicated to multi- sports wagering and off-track betting.