Document:

CONSULTING SERVICES AGREEMENT
                          -----------------------------

Agreement  made  as  of  the  7th day of June, 2000 by and between the following
parties:

GREAT  LAND  DEVELOPMENT CO., INC., "CLIENT", being a corporate entity, which is
duly  organized  pursuant to the laws of the State of North Carolina maintaining
its  principal  offices  at:  10712  Old  Wayside  Road  -  Charlotte,  NC 28277

And  GREENTREE FINANCIAL SERVICES, INC., "PROVIDER", a validly existing Florida
corporation  having  its  principal  offices  at:

1000  West  McNab  Road,  Suite  #107
Pompano  Beach,  Florida  33069

WHEREAS,  the  parties  mutually  desire  to  enter  into  a  formal  business
relationship,  do  hereby  agree  that  the  following accurately reflects their
entire  understanding.

IN  CONSIDERATION  of  the  covenants,  terms  and conditions herein stated, the
undersigned  parties  agree  as  follows:

  1.   PROVIDER'S  OBLIGATIONS.
     1.1  At all times for the duration of this Agreement the PROVIDER shall use
its  best  efforts to take CLIENT public pursuant to the regulations promulgated
under the Securities Act of 1933, as amended. This will entail applying with the
appropriate authorities such as the SEC, NASD/OTCBB and appropriate states in an
initial  or  direct  public  offering,  pursuant  to the terms and conditions as
negotiated  in  good  faith  directly  with  CLIENT.

 2.  CLIENT'S  OBLIGATIONS.  At all times for the duration of this Agreement and
on  a  timely  basis,  CLIENT  shall:
     i)  provide  all  non-confidential documentation and information, which may
be  required  for  the  PROVIDER  to  perform  the  requisite  services;
           ii) arrange to participate in meetings and discussions with qualified
securities  attorneys  and  or  other  professionals  introduced  by  PROVIDER;
          iii)  negotiate  in  good  faith  with  all  third  party  potential
professionals,  and  aforementioned  authorities  used  by  PROVIDER;
          iv)  provide all documentation to the PROVIDER that may be required to
prepare the necessary federal registration statement and appropriate state "blue
sky"  filings  so  as  to  effectuate  a  proposed  offering.
           v)  pay  all of the costs, filing fees, transfer agent fees, auditing
fees, blue sky fees, and legal fees associated with the process.

3.  PROVIDER'S  FEES.  For  its  aforementioned  services  to  CLIENT which were
brought  about  through the efforts of the PROVIDER, the following fees shall be
due  and  payable  according  to  the  following  terms:
     3.1  PROVIDER'S  FEES.  Upon the commencing of the public offering process,
which  was  initiated  by  and through the efforts of the PROVIDER, the PROVIDER
shall  be  entitled  to,  and  shall  be  paid  the  following  compensation:
          3.1-1  FEES  FOR  INITIAL  EXPENSES.  An  initial  payment  equal  to
THIRTY-SIX  THOUSAND-FOUR  HUNDRED AND SEVENTY-FIVE ($36,475) DOLLARS payable by
bank  or  certified  check  in  U.S.  funds  to  cover initial, partial expenses
associated  with  CLIENT'S  offering  and CLIENT'S registration (See Exhibit A).
3.1-2     EQUITY  TRANSFER.  CLIENT'S  common  stock.  To retain the services of
PROVIDER,  CLIENT  agrees  to  issue  FIVE  HUNDRED AND TWELVE THOUSAND
-FIVE HUNDRED (512,500)
common  shares  to  PROVIDER. The securities will be issued in a private, exempt
transaction  under  Section  4(2) of the Securities Act of 1933, or  other
applicable  exemption  if necessary.

4.  MISCELLANEOUS.
     4.1    The  parties  specifically  acknowledge  that:
                a)  PROVIDER  makes no representation that it is a duly licensed
securities broker/dealer,  investment  banking  firm  or attorney.
               b)   PROVIDER  is  not  required to provide any services that are
exclusive  to licensed  securities  broker/dealers, investment bankers or
attorneys.

     4.2    NON  CIRCUMVENT  AGREEMENT.  CLIENT  agrees  that  all third parties
introduced  to  it  by  the  PROVIDER  represent significant efforts and working
relationships that are unique to, and part of, the work product of the PROVIDER.
Therefore,  without  the  prior specific written consent of the PROVIDER, CLIENT
agrees  to  refrain  from conducting direct or indirect business dealings of any
kind,  with any third party so introduced by PROVIDER, for a period of two years
from  the  initial  introductions  made.  In  the  event  of a violation of this
provision,  PROVIDER  shall  be  entitled to obtain, on an Ex Parte application,
appropriate  injunctive  relief,  from  any  court  of  competent  jurisdiction,
together with and including all remedies available at law.  This provision shall
survive  the  remaining  obligations  and  performance  due  hereunder.

     4.3   EXCLUSIVE  AGREEMENT.   This  Agreement  supersedes any and all prior
oral  or written agreements, which provided for PROVIDER'S performance on behalf
of  CLIENT.

     4.4  GUARANTEE  OF  PERFORMANCE.  Great  Land  Development  Co.,  Inc.,  by
authorization  of  its board of directors, does hereby execute this Agreement in
the  capacity  of  joint  and several guarantor of the performance by Great Land
Development  Co., Inc. of all of its duties, obligations and responsibilities as
herein  above  stated.

     4.5   ASSIGNABILITY  AND  UNENFORCEABILITY.   This Agreement or the rights,
duties  and or obligations hereunder may not be assigned by either party without
the  express  written  consent of the other.  The unenforceability of any one or
more  provisions  hereof shall not invalidate any of the other provisions.  This
Agreement shall remain valid until written notice to the contrary is provided by
one  party  to  the  other.

     4.6   COUNTERPARTS  AND  FACSIMILE  SIGNATURES.   This  Agreement  may  be
executed  in  one  or more counterparts, each of which shall represent a binding
obligation  upon  the  executing  party respectively. The facsimile signature of
either  or both parties shall constitute original signatures for the purposes of
this  Agreement  and  shall  be  as  binding  upon  the  parties  as  such.

     4.7   CAPTIONS.  The  paragraph  captions are for descriptive purposes only
and  shall  have  no  effect  with  regard to the content or the validity of the
content  thereof.

     4.8   CONTROLLING  LAW.  This  Agreement  shall  be construed in accordance
with  the  laws  of  the  State  of  North  Carolina.

IN  WITNESS  WHEREOF, the parties have executed this Agreement on the date first
above  written.

                                      /S/DUANE BENNETT
ATTEST:                              __________________________
/S/SHARON BENNETT
__________________________      BY:     DUANE  BENNETT,  PRESIDENT
                                        --------------------------
GREAT  LAND  DEVELOPMENT  CO.,  INC.

                                       /S/R. CHRIS COTTONE, VP
ATTEST:                              __________________________
/S/SHARON BENNETT
__________________________      BY:      R.  CHRIS  COTTONE,  VICE  PRESIDENT
                                         ------------------------------------
GREEN  TREE  FINANCIAL  SERVICES,  INC.
 --------------------------------------EXHIBIT 10.1

                           PRESIDENT CASINOS, INC.
                             ___________________

                            SUPPLEMENTAL INDENTURE
                           ________________________

                               with respect to:

                                 $25,000,000
                       12% Notes due September 15, 2001
                           Issued December 3, 1998
                              _________________

                      U.S. TRUST COMPANY OF TEXAS, N.A.

                                   Trustee

                   UNITED STATES TRUST COMPANY OF NEW YORK

                           Securities Intermediary

  FIRST SUPPLEMENTAL INDENTURE, dated as of November 22, 2000 (the
"Supplement") between President Casinos, Inc., (the "Company"), PRC Holdings
Corporation, PRC Management, Inc., PRCX, Inc., President Riverboat Casino-
Philadelphia, Inc., P.R.C. Louisiana, Inc., Vegas Vegas, Inc., President
Riverboat Casino-New York, Inc., President Mississippi Charter Corp.,
President Riverboat Casino-Missouri, Inc., President Riverboat Casino-
Mississippi, Inc., President Riverboat Casino-Iowa, Inc., TCG/ Blackhawk,
Inc., President Casino New Yorker, Inc., and The Connelly Group, L.P., (the
"Subsidiary Guarantors"), U.S. Trust Company of Texas, N.A., as Trustee (the
"Trustee"), for the Company's 12% Notes due September 15, 2001 (the
"Securities") and United States Trust Company of New York, as the Securities
Intermediary hereunder (the "Securities Intermediary").

  The Company and the Subsidiary Guarantors have heretofore executed and
delivered to the Trustee an Indenture, dated as of December 3, 1998 (the
"Indenture"), under which the Securities in the aggregate principal amount of
$25,000,000 were issued and are currently outstanding.  Capitalized terms used
herein but not defined herein shall have the meaning ascribed to them in the
Indenture.

  The Indenture provides that the Company, the Subsidiary Guarantors and the
Trustee may amend the Indenture without the consent of any Securityholder to
make any change that does not adversely affect any Securityholder's legal
rights under the Indenture.

  NOW, THEREFORE, the parties agree as follows for their mutual benefit and
for the for the equal and proportionate benefit of all Holders of the
Securities:

<PAGE> 6
1.  The Indenture shall be amended to include a Section 6.12 as follows:

  "Section 6.12  Certificates of Deposit

  (a)  Concurrently with the execution and delivery of this Supplement, United
States Trust Company of New York (the "Securities Intermediary") shall
establish and maintain, as a securities intermediary, a securities account
(the "Account") in the name of the Trustee, as the entitlement holder of the
Account.  Concurrently therewith, the Company shall deliver to the Securities
Intermediary, the certificates of deposit identified in Annex 1 hereto (the
"Certificates of Deposit") which the Securities Intermediary shall credit to
the Account.

  (b)  The Trustee hereby instructs the Securities Intermediary to take
(unless the Trustee hereafter issues a contrary or alternative entitlement
order) the following actions at the following times:

    (i)  On November 30, 2000, receive payment on Certificate of Deposit
number 3569803492 upon maturity and on the next day transfer the money
received therefrom to the Trustee's account number 04000288 in immediately
available funds.

    (ii)  On November 30, 2000, receive payment on Certificate of Deposit
number 3569803494 upon maturity and on the next day transfer the money
received therefrom to the Trustee's account number 04000288 in immediately
available funds.

    (iii)  On March 14, 2001, receive payment on Certificate of Deposit number
3569803496 upon maturity and on the next day transfer the money received
therefrom to the Trustee's account number 04000288 in immediately available
funds.

  (c)  On the day after the date of receipt:

    (i)  without prejudice to the rights of any Securityholder, the Trustee
shall pay out the funds received under Section 6.12(b)(i) to the
Securityholders for amounts due and unpaid on the Securities for the interest
payments due March 15, 2000 and September 15, 2000, without default interest;
    (ii)  the Trustee shall apply the funds received under Section 6.12(b)(ii)
to redeem Securities in accordance with Article 3; and

    (iii)  the Trustee shall pay out the funds received under Section
6.12(b)(iii) to make the interest payment due on the Securities.  If the March
15, 2001 interest payment is satisfied in full with the proceeds received
under Section 6.12(b)(iii), the excess funds, if any, shall be invested in the
Trustee's Excelsior Government Money Fund and applied to pay interest payments
due September 15, 2001.  This section 6.12(c) does not in any way alter the
Company's obligation to make interest payments due March 15, 2001.

  (d)  The Securities Intermediary agrees that it will maintain the Account as
a securities account of which the Trustee is the entitlement holder, that it
will credit all such cash, Certificates of Deposits (or security entitlements

                                      2

<PAGE> 7
with respect to any securities account to which the Certificates of Deposit
have been credited) and proceeds thereof to the Account and treat the same as
financial assets, that all instruments or other property representing or
evidencing the foregoing shall be payable to order of, or registered in the
name or indorsed to, the Securities Intermediary and that its "securities
intermediary's jurisdiction" (as defined in the Uniform Commercial Code in
effect in the State of New York) is the State of New York.  The Securities
Intermediary shall perform its duties under this Section 6.12 in accordance
with the requirements applicable to, and subject to the limitations of the
duties of, a securities intermediary under the Uniform Commercial Code as in
effect in the State of New York.

  (e)  The Trustee agrees that it will hold (and indicate in its books and
records that it holds) its security entitlement with respect to the Account in
trust for the benefit of itself and the Securityholders.

  (f)  The Company consents to the foregoing and hereby grants to the Trustee
a security interest in all of its right, title and interest, if any, in and to
the Account, the financial assets credited or to be credited to the Account
and the security entitlement with respect to the Account."

2.  Effective Date of This Supplement.

  This Supplement shall be effective as of the date first written above.

3.  Indenture Ratified.

  The Indenture is amended solely  as hereby  expressly provided, and the
Indenture, as so amended is in all respects ratified and confirmed, and all
the terms, provisions and conditions thereof, as so amended, shall be and
remain in full force and effect.

4.  Counterparts.

  This Supplement may be executed in any number of counterparts, each of which
shall be an original, but such counterparts shall together constitute but one
and the same instrument.

5.  Governing Law.

  This Supplement shall be governed by and construed in accordance with the
law of the State of New York, without regard to the conflict of laws
provisions thereof.

  IN WITNESS WHEREOF, the parties hereto have caused this Supplement to be
duly executed, and their respective corporate seals to be hereunto affixed and
attested, all as of the day and year first above written.

                                      3
<PAGE> 8
                                    U.S. TRUST COMPANY OF TEXAS, N.A.,
                                    as the Trustee

                                    By:    /s/ Christine C. Collins
                                           -----------------------------------
                                    Name:      Christine C. Collins
                                           -----------------------------------
                                    Title:     Assistant Vice President
                                           -----------------------------------

                                    UNITED STATES TRUST COMPANY OF NEW YORK,
                                    as the Securities Intermediary

                                    By:    /s/ Christine C. Collins
                                           -----------------------------------
                                    Name:      Christine C. Collins
                                           -----------------------------------
                                    Title:     Assistant Vice President
                                           -----------------------------------

                                    PRESIDENT CASINOS, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRC HOLDINGS CORPORATION

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRC MANAGEMENT, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    4
<PAGE> 9
                                    PRCX, CORPORATION

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRESIDENT RIVERBOAT CASINO-
                                    PHILADELPHIA, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    P.R.C. LOUISIANA, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    VEGAS VEGAS, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRESIDENT RIVERBOAT CASINO-NEW YORK, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    5
<PAGE> 10
                                    PRESIDENT MISSISSIPPI CHARTER CORP.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRESIDENT RIVERBOAT CASINO-MISSOURI, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRESIDENT RIVERBOAT CASINO-
                                    MISSISSIPPI, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRESIDENT RIVERBOAT CASINO-IOWA, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    TCG/BLACKHAWK, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                    PRESIDENT CASINO NEW YORKER, INC.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------
                                       6
<PAGE> 11
                                    THE CONNELLY GROUP, L.P.

                                    By:     /s/ John S. Aylsworth
                                           -----------------------------------
                                    Name:       John S. Aylsworth
                                           -----------------------------------
                                    Title:      President & COO
                                           -----------------------------------

                                   ANNEX 1

A.  Certificate of Deposit number 3569803492 at Firstar issued to United
    States Trust Company of New York in the amount of $2,996,182.73 with a
    maturity date of 11/30/2000.

B.  Certificate of Deposit number 3569803494 at Firstar issued to United
    States Trust Company of New York in the amount of $6,242,005.76 with a
    maturity date of 11/30/2000.

C.  Certificate of Deposit number 3569803496 at Firstar issued to United
    States Trust Company of New York in the amount of $1,324,550.09 with a
    maturity date of 03/14/2001.

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