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SAHARA CASINO PARTNERS L.P. ANNOUNCES IMPROVED FIRST-QUARTER RESULTS

 LAS VEGAS, Jan. 29 /PRNewswire/ -- Sahara Casino Partners L.P. (NYSE: SAH) today reported revenues for the quarter ended Dec. 31, 1992, of $59.2 million, a 13.7 percent increase over the same period in the prior year. Operating income before depreciation and amortization was $15.1 million for the quarter. This represents an 18.6 percent increase over that reported for the same quarter last year. The partnership's gross operating margin improved to 25.6 percent and the net loss improved to $602,000, as compared to $3.3 million for the same period last year.
 Chairman of the Board Paul W. Lowden attributed the improved results to major increases in gaming revenues, primarily from slot machines at the company's three Las Vegas properties.
 Sahara Casino Partners L.P., is the gaming master limited partnership which owns and operates the Sahara, Hacienda and Santa Fe Hotel/Casinos in Las Vegas and the Pioneer Hotel and Gambling Hall in Laughlin, Nev.
 SAHARA CASINO PARTNERS L.P.
 Financial Highlights
 Quarter ended
 Dec. 31, Dec. 31,
 1992 1991
 Revenues $59,205,253 $52,070,124
 Operating income before
 depreciation
 and amortization $15,133,462 $12,762,902
 Depreciation &
 amortization $5,616,247 $5,733,582
 Operating income $9,517,215 $7,029,320
 Net income (loss) ($601,618) ($3,337,695)
 Net income (loss) per unit ($0.03) ($0.18)
 Outstanding units 18,300,000 18,300,000
 -0- 1/29/93
 /CONTACT: Ronald J. Radcliffe of Sahara Casino Partners, 702-737-2724/
 (SAH)


CO: Sahara Casino Partners ST: Nevada IN: CNO SU: ERN

BP-JB -- LA040 -- 1008 01/29/93 18:14 EST
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Publication:PR Newswire
Date:Jan 29, 1993
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