EXHIBIT 1
AGREEMENT
WHEREAS, The Ravich Revocable Trust of 1989 (the "Ravich
Revocable Trust") and Xxxx X. Xxxxxx ("Xxxxxx" and with the Ravich Revocable
Trust, the "Reporting Persons"), individually or collectively, may be deemed to
be a beneficial owner within the meaning of the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), for purposes of Section 13(d) of the Exchange
Act of the Common Stock, $.001 par value (the "Common Stock"), of Trans World
Gaming Corp. (the "Issuer"); and
WHEREAS, the Reporting Persons desire to satisfy any filing
obligation each may have under Section 13(d) of the Exchange Act by filing a
single Schedule 13D pursuant to such Section with respect to each class of
securities;
NOW THEREFORE, the Reporting Persons agree to file a Schedule
13D under the Exchange Act relating to the Common Stock of the Issuer and agree
further to file any such amendments thereto as may become necessary unless and
until such time as one of the parties shall give written notice to the other
parties of this Agreement that it wishes to file a separate Schedule 13D
relating to the Common Stock of the Issuer, provided that each person on whose
behalf the Schedule 13D or any amendments is filed is responsible for the timely
filing of such Schedule 13D and any amendments thereto necessitated by the
actions or intentions of such person and for the completeness and accuracy of
the information pertaining to it and its actions and intentions.
The Agreement may be executed in two or more counterparts,
each of which shall constitute but one instrument.
September 14, 1999 RAVICH REVOCABLE TRUST OF 1989
By: \s\ XXXX X. XXXXXX
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Xxxx X. Xxxxxx, Trustee
\s\ XXXX X. XXXXXX
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XXXX X. XXXXXX
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