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SAHARA CASINO PARTNERS ANNOUNCES RESULTS

 LAS VEGAS, April 29 /PRNewswire/ -- Sahara Casino Partners L.P. (NYSE: SAH) today reported net income of $917,000 and $315,000 for the three- and six-month periods ended March 31, 1993, or $.05 and $.02 per limited partners' unit. Revenues for the quarter and year to date were $63,015,000 and $122,221,000, respectively. Prior year revenues for the same periods were $56,214,000 and $108,284,000, with net losses of $282,000, or $.02 per limited partners' unit, and $3,619,000, or $.19 per limited partners' unit, being reported.
 Paul W. Lowden, chairman and president of Sahara Resorts, managing general partner of Sahara Casino Partners L.P., stated that "Our partnership is continuing to benefit from the expansions of the Sahara and Hacienda and the addition of the Santa Fe in 1991. When comparing current fiscal periods with those of last year, we are consistently posting double-digit percentage increases in revenue. Our gross operating margin remains a very respectable 26 percent."
 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 (Unaudited)
 For the Three Months Ended
 March 31, 1993 March 31, 1992
 Revenues $63,015,308 $56,213,564
 Operating income before
 depreciation and
 amortization 16,721,187 15,574,627
 Depreciation and
 amortization 5,669,554 5,550,723
 Operating income 11,051,633 10,023,904
 Net income (loss) 916,902 (281,784)
 Net income (loss) per unit $0.05 ($0.02)
 Outstanding units 18,300,000 18,300,000
 For the Six Months Ended
 March 31, 1993 March 31, 1992
 Revenues $122,220,561 $108,283,688
 Operating income before
 depreciation and
 amortization 31,854,649 28,337,529
 Depreciation and
 amortization 11,285,801 11,284,305
 Operating income 20,568,848 17,053,224
 Net income (loss) 315,284 (3,619,479)
 Net income (loss) per unit $0.02 ($0.19)
 Outstanding units 18,300,000 18,300,000
 -0- 4/29/93
 /CONTACT: Ronald J. Radcliffe of Sahara Casino Partners, 702-737-2724/
 (SAH)


CO: Sahara Casino Partners L.P. ST: Nevada IN: CNO SU: ERN

MS-JB -- LA035 -- 2772 04/29/93 15:00 EDT
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Publication:PR Newswire
Date:Apr 29, 1993
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