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THE SANDS REGENT ANNOUNCES STRONG PERFORMANCE EXPECTATIONS FOR FISCAL 1993

 RENO Nev., June 15 /PRNewswire/ -- In light of an unusual decline in its stock price over the last several days, The Sands Regent (NASDAQ: SNDS) announced today that the company's performance expectations for fiscal 1993 remain strong and that management remains comfortable with Analysts' earnings estimates of $1.15 to $1.25 per share for the year ending June 30, 1993.
 Management also noted that construction on the Mississippi gaming facility is substantially completed. The company is actively pursuing its State Gaming License which it expects to receive in the near future.
 The Sands Regent owns and operates a 1,000-room hotel/casino in Reno and is a 40 percent partner in the development of the Copa Casino in Gulfport, Miss.
 -0- 6/15/93
 /CONTACT: David R. Wood of The Sands Regent, 702-348-2298/
 (SNDS)


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

MF-JB -- LA032 -- 2384 06/15/93 17:50 EDT
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Publication:PR Newswire
Date:Jun 15, 1993
Words:154
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