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SAHARA GAMING CORPORATION BEGINS TRADING ON THE AMERICAN STOCK EXCHANGE

 NEW YORK, Oct. 1 /PRNewswire/ -- Sahara Gaming Corporation (AMEX: SGM) today began trading its common and preferred shares on the American Stock Exchange.
 Trading under the ticker symbol "SGM," the company's common opened at 23-1/8 (bid) to 23-1/2 (ask).
 Trading under the ticker symbol "SGM.Pr," the company's preferred opened at 1-3/8 (bid) to 1-5/8 (ask).
 AGS Specialist Partners has been selected as the company's specialist firm.
 Sahara Gaming Corporation, headquartered in Las Vegas, owns and operates three casino hotels in Las Vegas and one casino hotel in Laughlin, Nev. Sahara Gaming Corporation is the surviving entity of the recently completed reorganization of Sahara Resorts and Sahara Casino Partners, L.P.
 Paul W. Lowden, chairman and chief executive officer of Sahara Gaming Corporation said, "I am pleased to begin trading Sahara Gaming's shares on the American Stock Exchange. We feel that by listing on the Exchange's auction market system, our shareholders will enjoy increased liquidity and narrow spreads. Additionally, the investor relations services provided by the AMEX will assist Sahara Gaming in enhancing its exposure within the financial community."
 The American Stock Exchange is unique among U.S. financial markets. It is the only exchange to successfully provide both a primary equities market for growth companies and a principal market for derivatives. The American Stock Exchange is dedicated to providing both public and professional investors with superior trading products and services at competitive prices.
 -0- 10/1/93
 /CONTACT: Melissa Grand, manager, communications, of the American Stock Exchange, 212-306-1635/
 (SGM)


CO: American Stock Exchange; Sahara Gaming Corporation ST: New York, Nevada IN: CNO SU:

MJ-LJ -- PH010 -- 7700 10/01/93 10:22 EDT
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Publication:PR Newswire
Date:Oct 1, 1993
Words:277
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