Argosy Gaming Company Withdraws from Singapore Integrated Resort Proposal Process ALTON, Ill., April 26 /PRNewswire-FirstCall/ -- Argosy Gaming Company (NYSE:AGY) today announced that it has been selected by the Singapore Tourism Board to participate in a Request for Proposal to develop an integrated resort complex in Singapore, but has withdrawn its name from further consideration for the project. Argosy began work on the project in 2004, in response to a Request for Concept, when the timeframe for legalization of casino gaming in Singapore and development of the integrated resort project was unknown. While pleased that the initial submission qualified for the final bidding process, due to the expected summer deadline for the Request for Proposal, and in light of the pending merger of Argosy with Penn National Gaming, Argosy and Penn have agreed not to move forward with the process. About Argosy Gaming Company Argosy Gaming Company is a leading owner and operator of casinos and related entertainment and hotel facilities in the midwestern and southern United States. Argosy owns and operates the Argosy Casino-Alton in Illinois, serving the St. Louis metropolitan market; the Argosy Casino-Riverside in Missouri, serving the greater Kansas City metropolitan market; the Argosy Casino-Baton Rouge in Louisiana; the Argosy Casino-Sioux City in Iowa; the Argosy Casino-Lawrenceburg in Indiana, serving the Cincinnati and Dayton metropolitan markets; and the Empress Casino Joliet in Illinois serving the greater Chicagoland market. DATASOURCE: Argosy Gaming Company CONTACT: Jim Wise, +1-618-474-7476, or, Erin Williams, +1-618-474-7465, both of Argosy Gaming Company Web site: http://www.argosycasinos.com/

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