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 LAS VEGAS, Oct. 20 /PRNewswire/ -- Clyde T. Turner, president of Circus Circus Enterprises Inc., today announced the appointment of Kurt Sullivan as general manager of its Las Vegas Circus Circus Hotel and Casino, replacing Richard Brand. Sullivan, a 17-year employee of the company, most recently served as general manager of Circus Circus' Reno, Nev., property. "Kurt Sullivan brings years of experience with our company, both in Las Vegas and Reno, to his new position. We are confident he will do an outstanding job," said Turner.
 At the same time, Circus also announced Reno gaming executive Gregg Carano, whose family owns and operates the Eldorado Hotel and Casino in Reno, as general manager of its Reno property. Circus Circus and the Eldorado are jointly developing "Project C," an as-yet unnamed major new hotel/casino complex located in Reno between Circus Circus and the Eldorado. "The appointment of Gregg Carano to our management team lends substantial strength to our operations and further solidifies our joint efforts in developing Project C," said Turner.
 Financial Results
 Separately, the company expects to report its results for the third quarter ending Oct. 31, 1993, during the first week of December. The company's earnings per share are expected to be in the range of $.23 to $.27 after preopening expenses or in the range of $.36 to $.40 on a comparable basis to $.42 in the year-earlier quarter. Operating results are not as strong as expected for the quarter, especially in August and particularly at Circus Circus Las Vegas. Company-wide results for the first half of October have rebounded, however, to slightly exceed last year's results.
 Grand Slam Canyon Adventuredome
 Grand Slam Canyon Adventuredome opened on Aug. 23, 1993, after its originally scheduled date of July 15, 1993, due to construction delays. Enthusiastic crowds enjoyed what was offered creating a demand that exceeded supply. Circus has determined that the facility is under attractioned and that additional attractions, including a motion base ride with a potential capacity of approximately 1,000 riders per hour, which was initially part of the planned attractions, will be provided to fill out what is featured within the climate-controlled pink glass dome.
 Luxor Las Vegas
 The first four days of Luxor Las Vegas' opening were extremely successful. It appears from the early results that the market niche Luxor targeted has been reached, with strong performances in the casino for the first four days and 100 percent occupancy levels in the hotel. Since the opening, the reservations department has handled an average of 8,000 calls per day from interested customers and worldwide media outlets for reservations and information.
 "As with any large hotel opening, going from zero to 100 percent capacity presented the normal operational problems. However, as problems arose, Bill Paulos, the general manager, and his staff handled them expeditiously," Turner said.
 Two of the attractions are currently in preview, and the motion- based simulator attraction has not yet opened. However, the subcontractor responsible for the motion bases has indicated they have identified the problem and they have provided a schedule that would have the attraction fully operational by Oct. 28.
 Over 100,000 people came to see Circus Circus' newest "entertainment megastore" over its opening weekend, and exit interviews with guests showed their satisfaction with what they experienced, their excitement at being among the first to enjoy what Luxor has to offer, and their desire to return.
 -0- 10/20/93
 /CONTACT: Clyde T. Turner, 702-734-0410, ext. 3189/

CO: Circus Circus Enterprises Inc. ST: Nevada IN: CNO SU: PER ERP

MF-JB -- LA025 -- 4565 10/20/93 12:16 EDT
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Publication:PR Newswire
Date:Oct 20, 1993

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