TO BUSINESS EDITOR:



              Capital Gaming International, Inc. Reports Successful
                 Completion of Financial Restructuring: Election
                                   of Chairman



                  ATLANTIC CITY, N.J., March 20 /PRNewswire/ -- Capital Gaming
International, Inc. (OTC Bulletin Board: GDFI) (The "Company") reported today
that its Plan of Reorganization was confirmed by the Federal Court for the
District of New Jersey on March 19, 1997. The Company's financial restructuring
consisted of the issuance by the Company of a combination of equity and debt
securities in exchange for approximately $104.6 million in Senior Secured Notes,
as well as all of the Company's remaining unsecured debt. As a result, the
Company has issued new debt securities consisting of $23.1 million in Senior
Secured Notes due 2001. The Company also announced the election of Edward M.
Tracy, President and CEO, to the position of Chairman of the Board of Directors.
Colonel Clinton L. Pagano, Executive Vice President of Compliance and William S.
Papazian, Senior Vice President and General Counsel, were also elected to the
Board of Directors.

                  Mr. Tracy stated: "We are pleased with the success of our
financial restructuring and to have completed this process as expeditiously as
we anticipated. The Company will continue to aggressively pursue new development
projects."

                  Based in Atlantic City, New Jersey, Capital Gaming
International, Inc. is a multi-jurisdictional casino management and development
company with interests in the Native American gaming markets.

SOURCE Capital Gaming International, Inc. 03/20/97

CONTACT:  Edward M. Tracy, Chairman, President and Chief Executive Officer of
Capital Gaming International, 609-383-3333/  (GDFI)