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SAHARA CASINO PARTNERS, L.P. ANNOUNCES FIRST QUARTER RESULTS

 SAHARA CASINO PARTNERS, L.P. ANNOUNCES FIRST QUARTER RESULTS
 LAS VEGAS, Feb. 3 /PRNewswire/ -- Sahara Casino Partners, L.P. (NYSE: SAH) today reported a 33 percent increase in revenues or $52,070,124 for the quarter ended Dec. 31, 1991, compared to $39,033,207 for the comparable period of 1990. For the three months ended Dec. 31, 1991, operating income before interest, depreciation and amortization represented 24 1/2 percent of gross income and increased 54 percent to $12,762,902, as compared to $8,289,660 for the comparable period in the prior year.
 The net loss for the quarter was ($3,337,695), as compared to ($1,522,396) for the comparable period in 1990.
 Paul Lowden, chairman of Sahara Resorts, stated that "as a result of the addition of the Santa Fe and the new towers at the Sahara and Hacienda, the company was able to occupy approximately 57,000 additional room nights in the quarter ended Dec. 31, as compared to the prior year. Operating results at the Santa Fe have shown significant improvement over the quarter, with record high revenues being achieved in November then exceeded in December. In addition, revenues and operating income before depreciation and amortization increased at each of the Partnership's three other hotel/casinos."
 Sahara Casino Partners, L.P. owns and operates the Sahara and Hacienda hotel/casinos on the strip, the new Santa Fe hotel and Casino in northwest Las Vegas and the Pioneer Hotel & Gambling Hall in Laughlin, Nev.
 SAHARA CASINO PARTNERS, L.P. FINANCIAL HIGHLIGHTS
 (Unaudited)
 Quarter ended Dec. 31,
 1991 1990
 Revenues $52,070,124 $39,033,207
 Operating income
 before depreciation
 and amortization $12,762,902 $8,289,660
 Net income
 (loss) ($3,337,695) ($1,522,396)
 Net income
 (loss)
 per unit ($.18) ($.08)
 Average Units
 Outstanding 18,300,000 18,300,000
 -0- 2/3/92
 /CONTACT: Ronald J. Radcliffe of Sahara Casino Partners, L.P., 702-737-2724/
 (SAH) CO: Sahara Casino Partners, L.P. ST: Nevada IN: CNO SU: ERN


JL-EH -- LA032 -- 6299 02/03/92 15:42 EST
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Publication:PR Newswire
Date:Feb 3, 1992
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