Equus Gaming Co.: Other News Release

EQUUS GAMING COMPANY L.P.
EXECUTIVE OFFICES
222 Smallwood Village Center, St. Charles, Maryland  20602
(301) 843-8600   FAX (301) 870-5487

                              
                        News Release

FOR IMMEDIATE RELEASE                        CONTACT
March 24, 1997                               Gregory A.TenEyck
                                             (301) 843-8600


EQUUS GAMING AFFILIATE TO MANAGE DISTRIBUTION SYSTEM FOR NEW
           NATIONAL LOTTERY IN DOMINICAN REPUBLIC
                              
     ST. CHARLES, Md._ Equus Gaming Company L.P. (Nasdaq:

EQUUS), a publicly traded partnership with horse racing and

gaming interests in the Caribbean, today announced that an

affiliate has signed a contract to manage the wagering

distribution system for a new national lottery in the

Dominican Republic.

     Equus effectively owns 45 percent of Galapagos S.A.,

which operates V Centenario Race Track and an off-track

betting (OTB) agency network in the Dominican Republic.

Galapagos has a contract to provide distribution services for

Dominican International Electronic Lottery, Inc. (LEIDSA),

and will provide and share outlets with LEIDSA's national

lottery commencing June 1997.  Galapagos also announced that

it has signed a contract with Autotote Systems, Inc., a

division of Autotote Corporation (AMEX:  TTE), to provide the

operating system for the lottery.  Autotote also has

contracts with V Centenario Race Track and El Comandante Race

Track in Puerto Rico.

     LEIDSA will pay fees to Galapagos for providing the

distribution system and to reimburse Galapagos for

approximately one-half of the telephone line costs of

Galapagos' OTB agencies.

     "The marriage of OTB with an electronic lottery in the

Dominican Republic provides an efficient and mutually

beneficial distribution system," said Donald Drew, President

of Galapagos.  "Though OTB agencies will offer lottery

tickets, which may diminish wagering on horse races, the new

lottery outlets also will offer pool wagering on horse races

at V Centenario and El Comandante.  This promises to be a win-

win situation."

     Galapagos, which has exclusive rights to develop an OTB

agency network and simulcast horse racing in the Dominican

Republic, has established approximately 230 OTB agencies with

independent owner/operators since its start-up two years ago.

Management plans to have 375 agencies on-line by the end of

1997 with continuing growth to approximately 450 agencies in

1998.   Separately, the number of lottery outlets is expected

to grow from approximately 200 in June 1997 to about 450 by

mid-1998.

     Equus owns an 82 percent interest in HDA, a partnership

that owns El Comandante Race Track in Puerto Rico and a 55

percent interest in Galapagos.

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