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Chareice White
Community Relations
(219) 977-7932

Majestic Star And Union Reach Agreement November 15, 2002 - Gary, Ind. - The Majestic Star Casino announced today that it has concluded negotiations and reached a definitive agreement with the Hotel Employees & Restaurant Employees Union (H.E.R.E.) Local 1.

The two sides had been negotiating on a collective bargaining agreement which expired in July of 2001. The agreement, which was overwhelmingly ratified on November 6, is retroactive to July 1, 2001 and will expire October 31, 2004.

"I am pleased that these negotiations have resulted in a positive outcome for both sides," said David Wolf, Vice President and General Manager for Majestic Star. "It has always been our goal to offer a fair and equitable contract to our union team members and I believe with this contract we have done just that."

Under the terms of the new collective bargaining agreement, Majestic Star's non-tipped union employees will receive a $.40 wage increase annually while tipped employees will receive $.20. In addition, all union employees will begin receiving three weeks per year of vacation after five years of service as well as one paid sick day in 2002 and three annual sick days beginning in 2003. Changes were also made in insurance, personnel records and disciplinary procedures.

Majestic Star Casino began operations in 1996 at Buffington Harbor on Lake Michigan and is wholly owned by Detroit businessman Don H. Barden.

One Buffington Harbor Drive, Gary, IN 46406
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