Reno Gazette-Journal from Reno, Nevada on April 19, 1974 · Page 23
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Reno Gazette-Journal from Reno, Nevada · Page 23

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Reno, Nevada
Issue Date:
Friday, April 19, 1974
Page:
Page 23
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Reno Evening Gazette Friday, April 19, 1974 23 Large stock transfer to former Caesars Palace owners approved 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 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 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. Student voice heard Gazette Carson City Bureau Cindy Wong, a Hug High School junior who is the Youth representative on the State Board of Education, said Thursday that local school boards should also contain students to observe and comment on programs affecting them. Miss Wong said she is writing members of the Nevada . Association of Student Councils to urge Joins firm Alfred Peevers of Reno : has joined Washoe Realty according to Clyde Biglieri, president. Peevers is a long time resident of Nevada. He has worked with the chamber of commerce and Western Industrial Nevada. His background includes 12 years in Nevada banking. He has been a lecturer at the School of Business -Administration, University of Nevada, Reno, and has conducted courses in Adult Education in the Washoe County schools. He has been working as a Management Consultant in the Reno area. Hxtrlr.f Aldial Reno Hearing AM Coaler DOWNTOWN If NO 224 W. lttSt..lno 32-9040 v SotvIcc A r pairs, Alt MakM No Charg for Hearing (Hfl DENTIST'S OFFICES FOR LEASE EXCELLENT LOCATION ATTRACTIVE TERMS 580 W. 5th St. PROFESSIONAL BUILDING 329-3158 EQUIPMENT THAT'S RIGHT FOR YOU The PC-1801 is a handy type function electronic calculator, the result of SHARP'S high technical might to combine an ordinary desk top calculator with a slide rule into one unit. With these features: four arithmetic calculations, memory calculation, constant addition (subtraction, multiplication and division), chain multiplication and division, power calculation, square root extraction, trigonometric functions, exponential functions, logarithmic functions, reciprocal calculation. It's in stock now at Roger Solie's . Roger Solie's BUSINESS EQUIPMENT UNLIMITED 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 Sarno.- . 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 Corp., them to get behind such an idea. "The majority of student in Nevada are unaware they have a spokesman at the state level," the letter says. "Since I am a one-man task force, it's difficult for me to communicate with the entire student population cf the state and represent them well." Members of the state board, meeting in Carson City, endorsed Miss Wong's proposal and her letter. 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. r WE'VE GOT rj THE II 1 ll 718 S. j I 11 Center I Street 329-6395 CUSTOM SHUTTERS Windows Doors - Dividers Finished Any Color Stained or Painted Free Estimates & Expert Installation "76 Years Experience" 323-9092 Ponderosa Shutter Sales 5 Men-Ladies-Childrens ! 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