The Sands Regent Second-Quarter Conference Call Re-Scheduled for Thurs., March 23
22 Março 2006 - 10:00AM
PR Newswire (US)
RENO, Nev., March 22 /PRNewswire-FirstCall/ -- The Sands Regent
(NASDAQ:SNDS) announced today that its conference call to discuss
its second-quarter fiscal year 2006 financial results, which was
scheduled for Tuesday, February 14, 2006, has been re-scheduled for
Thursday, March 23, at 1:30 p.m. Pacific Time. Management's
conference call to discuss its second-quarter and six-month
financial results was delayed pending the outcome of an independent
investigation by the Company's Audit Committee, as announced in a
Company press release of February 14, 2006. In the Company's March
23 conference call, management will discuss the outcome of the
investigation, in addition to financial results for the Company's
second quarter fiscal 2006, ended December 31, 2005, and the
recently announced update of its expansion plans for its Rail City
Casino property. To participate in the conference call, please dial
the following number five to ten minutes prior to the scheduled
conference call time: (800) 399-7496. International callers should
dial (706) 634-6508. There is no pass code required for this call.
If you are unable to participate in the call at this time, a replay
will be available on March 23 at approximately 2:30 p.m. PT through
March 30 at 9:00 p.m. PT; call (800) 642-1687 and enter the
conference ID number 7025734. International callers should call
(706) 645-9291. About The Sands Regent The Sands Regent owns and
operates Rail City Casino in Sparks, Nevada, Sands Regency Casino
and Hotel in downtown Reno, Nevada, Gold Ranch Casino and RV Resort
in Verdi, Nevada, and the Depot Casino and Red Hawk Sports Bar in
Dayton, Nevada. Rail City Casino, located in Sparks, Nevada, has
approximately 16,600 square feet of gaming space housing slot
machines, table games, keno, a sports book, and the City Caf�
family-style restaurant. Located near Victorian Square at 2121
Victorian Avenue in Sparks, it is the first casino a motorist
encounters when exiting Interstate 80 at the Rock Boulevard exit
(Exit 16). The Sands Regency is an 833-room hotel and casino with
29,000 square feet of gaming space offering table games, a sports
book, poker room, keno, bingo and slot machines. In addition to the
amenities and on-site brand name restaurants, the Company's
property also includes a 12,000 square foot convention and meeting
center which seats close to 1,000 people. The Gold Ranch Casino and
RV Resort is located in Verdi, Nevada, twelve miles west of Reno.
Gold Ranch offers slot machines in an 8,000 square foot casino, a
sports book, two restaurants, a 105-space RV park, a California
lottery station, an ARCO gas station and a convenience store. The
Depot Casino and the Red Hawk Sports Bar, acquired on September 1,
2005, are located in Dayton, Nevada. The Depot Casino has
approximately 16,000 square feet of restaurant and casino space
with 250 slots, a restaurant and two bars. The Red Hawk Sports Bar,
across the street from Depot Casino, has 33 slots, a convenience
store and a bar. This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. You can identify these statements by the fact
that they do not relate strictly to historical or current facts.
These statements contain words such as "may", "will", "project",
"might", "expect", "believe", "anticipate", "intend", "could",
"would", "estimate", "continue", or "pursue", or the negative or
other variations thereof or comparable terminology. In particular,
they include statements relating to, among other things, future
actions, strategies, future performance and future financial
results of the Company. The forward-looking statements contained in
this release are based on current expectations and entail various
risks and uncertainties that could cause actual results to differ
materially from those suggested in the forward-looking statements.
Such risks and uncertainties include, among others, the future
performance of the Company's management team, general economic
financial and business conditions, overall conditions in the gaming
and entertainment industries, our ability to successfully integrate
the operations of casinos that we acquire and realize the expected
benefits of these acquisitions, and other factors discussed in our
Annual Report on Form 10-K for the year ended June 30, 2005,
subsequent Forms 10-Q and other filings with the Securities and
Exchange Commission. The Sands is providing this information as of
the date of this release and does not undertake any obligation to
update any forward-looking statements contained in this document as
a result of new information, future events or other wise. Contact:
Ferenc B. Szony, President and Chief Executive Officer The Sands
Regent (775) 348-2210 or Sean Collins, Partner CCG Investor
Relations (310) 477-9800 DATASOURCE: The Sands Regent CONTACT:
Ferenc B. Szony, President and Chief Executive Officer of The Sands
Regent, +1-775-348-2210, or Sean Collins, Partner of CCG Investor
Relations, +1-310-477-9800, for The Sands Regent Web site:
http://www.sandsregency.com/
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