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SAHARA CASINO PARTNERS L.P. ANNOUNCES IMPROVED THIRD QUARTER AND NINE MONTHS RESULTS

 LAS VEGAS, Aug. 11 /PRNewswire/ -- Sahara Casino Partners L.P. (NYSE: SAH) today reported net income of $201,000 for the nine month period ended June 30, 1993, or $.01 per unit. For the quarter, a net loss of $114,000 was recorded. Revenues for the quarter and year to date were $62,781,000 and $185,002,000, respectively. Prior year revenues for the same periods were $56,526,000 and $164,810,000, with net losses of $2,157,000 or $.12 per unit $5,777,000 or $.31 per unit being reported.
 For the quarter, operating income before interest, depreciation and taxes increased 13 percent to $15,409,000 compared to $13,687,000 in the prior year primarily reflecting continued strong growth from the partnership's newest property, the Santa Fe, as well as continued improved results from the Sahara and the Hacienda, the partnership's two Las Vegas Strip properties. For the nine months, operating income before interest, depreciation and taxes was up 12 percent to $47,264,000 compared to $42,024,000 in the prior year.
 Paul W. Lowden, chairman and president of Sahara Resorts, managing general partner of Sahara Casino Partners L.P., commented, "We are very pleased with the growth in both revenues and operating profits that we have been experiencing when comparing current quarterly periods with those of the prior years since 1991."
 Sahara Casino Partners L.P. is the gaming master limited partnership which owns and operates the Sahara and Hacienda hotel/casinos on the Las Vegas Strip, the new Santa Fe Hotel and Casino in northwest Las Vegas, and the Pioneer Hotel and Gambling Hall in Laughlin, Nevada.
 On June 3, 1993, Sahara Resorts (NASDAQ: SHRE) and Sahara Casino Partners L.P. announced that the two public entities were planning to merge. Such merger is subject to approval by the Nevada Gaming Authorities and a positive vote from the unitholders of Sahara Casino Partners L.P. Lowden, who owns 73 percent of the outstanding shares of Sahara Resorts, has stated that he will vote in favor of the merger.
 SAHARA CASINO PARTNERS L.P.
 FINANCIAL HIGHLIGHTS
 (Unaudited)
 For The Three Months Ended For The Nine Months Ended
 6/30/93 6/30/92 6/30/93 6/30/92
 Revenues $62,781,033 $56,525,890 $185,001,594 $164,809,578
 Operating
 income
 before
 deprecia-
 tion and
 amorti-
 zation 15,408,947 13,686,879 47,263,596 42,024,408
 Deprecia-
 tion and
 amorti-
 zation 5,584,314 5,629,406 16,870,115 16,913,711
 Operating
 income 9,824,633 8,057,473 30,393,481 25,110,697
 Net income
 (loss) (113,870) (2,157,116) 201,414 (5,776,595)
 Net income
 (loss)
 per unit ($0.01) ($0.12) $0.01 ($0.31)
 Outstanding
 units 18,300,000 18,300,000 18,300,000 18,300,000
 -0- 8/11/93
 /CONTACT: Stephen J. Szapor Jr. of Sahara Casino Partners, L.P., 702-737-2724/
 (SAH SHRE)


CO: Sahara Casino Partners, Sahara Resorts ST: Nevada IN: CNO SU: ERN

EH-CC -- LA021 -- 1765 08/11/93 14:50 EDT
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Date:Aug 11, 1993
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