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| | Equus Gaming Co.: Earnings News Release |
 | | Equus operating results are primarily attributed to El Comandante race track in Puerto Rico, V Centenario race track in Dominican Republic, Presidente Remon race track in Panama and, effective January 1999, Los Comuneros race track in Medellin, Colombia. |
 | | For the second quarter of 1999, Equus had a net loss of $490,000, or $.06 per unit, on revenues of $16,691,000 compared with a net loss of $942,000, or $.015 per unit, on revenues of $16,066,000 for the same quarter in 1998. |
 | | For the six months ended June 30, 1999, Equus had a net income of $90,000, or $.01 per unit, on revenues of $35,677,000 compared with a net loss of $1,192,000, or $.19 per unit, on revenues of $33,503,000 for the same period in 1998. |
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