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THE SANDS REGENT ANNOUNCES 2-FOR-1 STOCK SPLIT

 RENO, Nev., Feb. 11 /PRNewswire/ -- The Sands Regent (NASDAQ: SNDS) announced today that its board of directors, at a Feb. 8, 1993, regular meeting, authorized a 2-for-1 stock split to be effective on Feb. 26, 1993, to all stockholders of record on that same date. The stock split doubles the company's outstanding shares of common stock from 2.3 million to 4.5 million shares, resulting in a significantly larger base of shares to facilitate trading, while bringing the stock price back into a more affordable range for retail investors.
 Pete Cladianos Jr., president of The Sands Regent, said, "We view the stock split as an important move which will further enhance stockholder value by providing a broader and more liquid market for our stock."
 The Sands Regent presently owns and operates a 1,000-room hotel/casino located in Reno and is in a partnership developing a casino in Gulfport, Miss.
 -0- 2/11/93
 /CONTACT: David R. Wood of The Sands Regent, 702-348-2298/
 (SNDS)


CO: The Sands Regent ST: Nevada IN: CNO LEI SU:

KJ-LS -- LA005 -- 5543 02/11/93 09:06 EST
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Publication:PR Newswire
Date:Feb 11, 1993
Words:184
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