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SPORT OF KINGS, INC. STATEMENT ON GAMING LICENSE APPLICATION

 SPORT OF KINGS, INC. STATEMENT ON GAMING LICENSE APPLICATION
 LAS VEGAS, Nev., June 25 /PRNewswire/ -- Sport of Kings, Inc. (the "company") (NASDAQ: ODDS) announced today that on June 24, 1992 the Nevada Gaming Control Board decided to refer the company's application for a gaming license back to staff to allow the company time to replace the interests of Stephen and James Forsyth, the company's two principal investors.
 Chairman William Bible of the Nevada Gaming Control Board said that the board was in support of the project, the company and the other individual applicants and that the board was prepared to consider the entire application as soon as the financial interests and management positions of the Forsyths were replaced.
 The company announced that it is hopeful that as soon as the company is able to accomplish the foregoing, it will be able to receive the necessary approvals from the Nevada gaming authorities to operate its race and sports book.
 -0- 6/25/92
 /CONTACT: Dennis L. Amerine, president of Sport Of Kings, Inc., 702-893-3500, fax 702-893-3576
 (ODDS) CO: Sport of Kings Inc. ST: Nevada IN: CNO SU:


TQ-LR -- NY045 -- 3815 06/25/92 13:26 EDT
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Publication:PR Newswire
Date:Jun 25, 1992
Words:195
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