Reno Gazette-Journal from Reno, Nevada • Page 23

Reno Evening Gazette Friday, April 19, 1974 23 Large stock transfer to former Caesars Palace owners approved FREE-BOM CARSON CITY (AP) The Nevada Gaming Commission has approved plans by Caesars World, Inc. to turn over one million shares of stock to former owners of Caesars Palace Hotel-Casino in Las Vegas. The proposal approved Thursday amounts to an eventual $16- million payment representing the last portion of a $58 million sale price agreed to in 1969. The action followed issuance of a federal injunction April 12 in a skimming case involving the casino during a five-month period after new owners agreed to buy the operation. Still pending in the case is a Securities and Exchange japes reprimanded by gaming commission FREE POSTAGE BUD ENVELOPES a slot machine firm, and for George Duckworth to be vice casino manager of the Dunes Hotel in Las Vegas.

Also approved were plans by William Bounds to hold an option in a slot machine venture by Alman Enterprises of Reno and requests for slot machine distributor and manufacturer licenses for Robert Brott of Reno, Quinton O'Grady of Sparks and Thomas and David Unik of Las Vegas. In restricted licenses for slot machine operations, the commission deferred action on a request from the Moapa Valley Moose Lodge after one member said he was concerned whether the, club might have a discriminatory membership policy. The comment was made by Frank Schreck Jr. Commissioners approved slot machine operations at five Las vegas sites. They include the Lake Mead Tavern, Wait'n Room Tavern, Haf-fast Cafe, Samaries Cocktail Lounge and Las Vegas Liquor Store.

Also approved were Voights Airport Lounge in Carson City, Analora's Pizza in Sparks, Crystal Bay Drug at Crystal Bay, Don and Harry's Lounge in Henderson, Goldfield Mercantile and Fountain in Goldfield, Rancho Sierra Motel in Reno and The Barn in Wells. Commission complaint againt the 13 former owners, including Jay Sarno and Nathan Jacobsen. Caesars World consented to the injunction ordering strict auditing controls without admitting or denying -any allegations of wrongdoing. The outstanding complaint against the former owners asks the court to order them to turn over to Caesars World any profits illegally gained during the sales transaction. The SEC has claimed that the percentage of winnings at Caesars dropped drastically during the sales transaction.

The decline in revenue was put at "some millions" by a SEC spokesman. Sarno ia now under indictment for allegedly trying to bribe an Internal Revenue Service agent. CIRCUS CIRCUS The commission also approved plans by William Pennington and William Bennett to take over operation of the Circus Circus Hotel-Casino in Las Vegas from Also approved were plans by the Park Cattle Co. to get a three per cent share of gross gaming revenues of Harveys Wagon Wheel at Stateline. In other action, the commission approved plans by Edwin Ponder to be a key officer of Nevada Manufacturing 1 SAFETY DEPOSIT BOXES FREE TRAVELERS CHECKS FREE PARKING IN A DAY AND ACE WHEN NOTHING IS FREE, TAKE ADVANTAGE OF HOME SAVINGS NEW SAVINGS PLAN PLUS HOME GIVES DAILY INTEREST.

TRUCKEE MEADOWS LANDSCAPING CO. Complete Design Installation Maintenance Service commercial residential Spring Yard Service renovation Trimming Fertilizing. FREE ESTIMATES 849-1246 ONE COMPLETE SERVICE CARSON CITY (AP) -Reno casino owner Charles Mapes Jr. has been reprimanded by the Nevada Gaming Commission for allegedly cursing at and abusing a state Gaming Control Board agent in November 1973. But the commission backed off Thursday from slapping Mapes with a fine requested by the control board despite efforts by commission member Alir Haycock to impose one of $1,000.

Instead, commissioners voted with Haycock casting the lone "no" vote to censure Mapes, require him to apologize in writing to board agent Timothy CUSTOM SHUTTERS Windows Doors Dividers Finished Any Color Stained or Painted Free Estimates Expert Installation "76 Years Experience" 323-9092 Ponderosa Shutter Sales Ford, and pay costs incurred in probing the alleged incident. Control board chairman Phil Hannifin made the tongue-in-cheek suggestion that Mapes be required to pay for a frame to hold the letter of apology he has to send Ford. Ford had said Mapes swore at him and tried to lead him to a chair because he was watching a card game and was scaring off players. Mapes had said he tried to get Ford to sit down because the agent was watching a blackjack game in "a most stern manner" and he wanted him to move because customers were talking about the agent. MOTOR HOMES TRUCKS COMPARE PRICES BEFORE YOU BUY WASHOE MET At FAB.

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