Equus Gaming Co.: Other News Release

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

                              
                        News Release


FOR IMMEDIATE RELEASE                        CONTACT
January 13, 1997                             Gregory A.TenEyck
                                             (301) 843-8600


               EL COMANDANTE REPORTS INCREASE
                   IN COMMISSIONS FOR 1996
                              
                              
     ST. CHARLES, Md._ Equus Gaming Company L.P. (Nasdaq:

EQUUS), a publicly traded partnership with horse racing and

entertainment interests in the Caribbean, announced today

that El Comandante Operating Company, Inc. (ECOC) has

reported that its commissions on wagering at El Comandante

Race Track in Puerto Rico increased 2.8 percent to $57.3

million for the year ended December 31, 1996, as compared

with commissions of $55.7 million during 1995.

     Thomas B. Wilson, President of ECOC, attributed the

increase to a change in the racing program from eight races

on each of four days a week to seven races on each of five

days a week since February 1, 1996.  This resulted in the

track hosting 1,823 races during 1996 compared to 1,720

races in 1995.

     Equus has an 82 percent interest in HDA, a partnership

that owns El Comandante.  ECOC leases the track and pays HDA

25 percent of wagering commissions as rent.  HDA also owns a

55 percent interest in a company that leases and operates a

government-owned race track and OTB agency system in the

Dominican Republic.

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