Upon completion of the second half of the dockside casino, scheduled for June of this year

Management believes it will have the premier gaming and entertainment facility serving the lucrative Chicago gaming market.

Aurora's new dockside casino is a major expansion and improvement of the property's gaming facility. The new dockside casino will have 53,000 square feet of gaming space on a single level, replacing the property's existing riverboat casinos that offer 29,500 square feet of gaming space spread out on eight floors of the two boats. The new casino will be connected to the property's existing pavilion in a seamlessmanner, providing a land- based feel for the property. The superior quality and significant additional passenger capacity of the new dockside casino will position the Aurora casino to dramatically increase its penetration of the largely untapped Chicago gaming market. The passenger capacity for the new dockside casino will increase by 70% to 3,200, from the 1,875 total passengers that can currently be served by Aurora's two existing riverboats. The new dockside casino will have a luxurious and richly appointed interior, and will feature high ceilings and wide aisles that will greatly enhance the comfort and feel of Aurora's gaming product.

We are absolutely thrilled to be opening the first half of our new dockside casino. The first half of this new casino is arguably the premier casino in the Chicago marketplace. Once we open the entire facility later this spring, we will unquestionably have the finest gaming facility in the Midwest. We are very confident that our new dockside casino will provide our customers with a superior Sproduct and our investors with an excellent return on investment,'' stated Edward T. Pratt, III Chairman and Chief Executive Officer.

With the opening of the first half of the new dockside casino, the Company has taken out of service the smaller of its two

existing riverboats and moved its gaming equipment to the new facility. The first half of Hollywood's new casino opened with 453 slot machines, including 150 new machines, 20 table games and the casino's six-table live Poker Room. It also features the casino's high limit slot and one half of the new casino's high limit table game areas, as well as 14 new cashier windows. Until the second half of the new casino is completed, Hollywood's remaining 624 slot machines and 21 table games will continue to be operated on the larger of the casino's two existing riverboats.

In addition to the new dockside casino, the expansion of the Aurora casino will include the development of a new parking facility. The parking expansion will include a new parking lot, porte cochere entrance and a climate controlled walkway that will directly connect the new parking facility with Aurora's new dockside casino. The new parking facility will increase the Aurora casino's parking capacity by at least 30% and will significantly improve customer access to the property. The parking lot will be the closest and most convenient parking facility for customers visiting the new dockside casino. The Company anticipates commencing construction of the new parking facility in March of 2002 with the parking expansion, scheduled to be completed by the end of June.

Hollywood Casino Corporation owns and operates distinctive Hollywood- themed casino entertainment facilities under the service mark Hollywood Casino in Aurora, Illinois, Tunica, Mississippi and Shreveport, Louisiana. ?????? ??