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THE SANDS REGENT ANNOUNCES REGULAR CASH DIVIDEND

 RENO, Nev., July 30 /PRNewswire/ -- The Sands Regent (NASDAQ: SNDS) announced today that its board of directors approved the payment of a regular quarterly cash dividend in the amount of $.05 per share. The cash dividend is payable on Sept. 16, 1993, to shareholders of record as of Aug. 23, 1993. The company currently has approximately 4.3 million shares of common stock outstanding.
 The Sands Regent owns and operates a 1,000-room hotel/casino in Reno and is a partner in the development of a casino in Gulfport, Miss.
 -0- 7/30/93
 /CONTACT: David R. Wood of The Sands Regent, 702-348-2298/
 (SNDS)


CO: The Sands Regent ST: Nevada IN: CNO SU: DIV

LM-LS -- LA025 -- 8008 07/30/93 19:31 EDT
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Publication:PR Newswire
Date:Jul 30, 1993
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