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SAHARA CASINO PARTNERS L.P. ANNOUNCES FISCAL YEAR-END RESULTS

 LAS VEGAS, Dec. 30 /PRNewswire/ -- Sahara Casino Partners L.P. (NYSE: SAH) today reported record operating income before depreciation and amortization of $54.9 million on all-time high revenues of $222.2 million for the fiscal year ended Sept. 30, 1992. Compared to the prior year, this represents a 21 percent increase in revenues and a 46 percent increase in operating income before depreciation and amortization. This was the first full year of operations with the increased capacity from the development and completion of the Santa Fe Hotel and Casino and the expansions and renovations of the Sahara and Hacienda. The net loss improved to $9.5 million from $14.0 million in fiscal 1991.
 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. Each of these properties achieved year-to-year increases in revenues in spite of the nation's economic condition.
 SAHARA CASINO PARTNERS L.P.
 Financial Highlights
 Year Ended
 9/30/92 9/30/91
 Revenues $222,231,318 $183,203,281
 Operating income before
 depreciation and amortization $54,914,739 $37,596,292
 Depreciation and amortization $23,271,201 $17,439,974
 Operating income $31,643,538 $20,156,318
 Net income (loss) ($9,487,657) ($13,972,236)
 Net income (loss) per unit ($0.51) ($0.75)
 Outstanding units 18,300,000 18,300,000
 -0- 12/30/92
 /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 -- LA028 -- 0766 12/30/92 18:30 EST
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Publication:PR Newswire
Date:Dec 30, 1992
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