Reno Gazette-Journal from Reno, Nevada • Page 22

v-a ai lit'1'' 1 UK 2-Friday, December 20, 1968, Reno Evening Gazette Circus Circus Pledges to Pay $1.2 Million, Hints Merger cus is in a financial bind," said! rumors," said Sarno. "Every Circus Circus pledged Thurs-I The Nevada Gaming Commis- large merger with principals in Caesars Palace next week." lawyer William Morse. employe, our ici.i iu i vuwr day to the state it will ordered the new gambling a thorough investigation of new loans at Circus Circus. "It would be money is being brought in from outside sources," said "We want to clear up any costs nave reen pu. Asked by newsmen to elabo the possibility of closure by the I "We have a lot of money in state.

the bank and we'll have $2.5 Jay Sarno, president of Circus million more by the end of Jn-Circus, which opened in a $4 uary. million structure shaped like a We'll be making some 'ather circus tent on Oct. 18, said, startling announcements of a $1.2 million in construction debts and hinted of a merger deal with another Las Vegas Strip casino, Caesars Palace. hall to make arrangements to pay the bills owed to subcontractors by Jan. 21, or face Commissioner George Von To- bel.

rate, Sarno said the deal involves stock and he said he didn't want to make any pre mature disclosures because of Securities and Exchange Comm's-sion regulations; The casino has a conditional state gambling license which is Vegas Gambling Bid Approved due to expire Dec. 31. But the commission allowed the license Sarno, Jud Mcintosh and other to run until Jan. 21, the date i 1 1 1 I for the latest procrastination by of the next commission meeting axLos Angeles based hotel fur- mitted to buy interests ranging nishings company which is the from five to one per cent. I gaming authorities.

major owners of Circus Circus are also investors in Caesars. On Oct. 9, the casino's general landlord of the two hotels. The commission told Mr. and contractor, R.

C. Johnson and The commission also ordered He'll be the sole owner of Mrs. Donald Laughlin they can associates of Las Vegas and the In other action, the approved: Latron Inc. of Reno to manufacture and distribute an elec operate their Riverside Resort Bank of Las Vegas, told the The Nevada Gaming Commission approved Thursday Dclbert Coleman, former president of Seeburg Corp. in Chicago, to operate gambling at the Fremont and Aladdin Hotels in Las Vegas.

Coleman, a 43-ycar-old attorney, has acquired a major interest in ParvinDohrmann casino operating corporations at the hotels. state that Circus Circus had met The commission, at its regular tronic poker machine. The com Casino at Davis Dam another month on a conditional license, overruling the gaming control board which wanted to shut down the club on Dec. 31. monthly meeting, also approved all its construction cost obligations.

Sarno said $600,000 in extra costs were incurred during the mission overruled a board recommendation which would have prevented Ed Schmidt from working for Latron. A bingo game at the Silver Spur in Carson City. The casino The board is investigating BOYS BORN STONEBORO, Pa. (AP) -Dora Reiser is a great grandmother of 12, three of them born the same day in different cities. "I was just thrilled," said Mrs.

Reiser, a widow. "There hadn't been a boy in my family for 19 years until yesterday." last two weeks of construction Laughlin for what chairman Frank Johnson terms bad judg The State Contractors Board says bills owed subcontractors seems like you always get one of the "other kind" repairing your TV or appliances. NOT ANY MORE! Bates and Bell, Reno's newest TV and Appliance Center has manned the service department with the most qualified and reliable experts around. IT WASN'T EASY! Skilled service technicians are hard to find. Now for any TV or appliance repair job, you only need to look as far as Bates and Bell.

You'll receive prompt service on any make or model, any job large or small. All work guaranteed BANKAMERICARD MASTERCHARGE ment. It will rule next month new investments at the Flamingo Hotel in Las Vegas, and allowed 40 persons, mostly employes, to acquire minor interests. Major owner of the Flamingo is financier Kirk Kerkorian. Hotel president Alex Shoofey and Fred Benninger, James Newman, James Aljian and lawyer William Singleton were per- was ordered one year ago to Agriculture Department total $1.2 million.

"It's the building costs which whether the Laughlins will be remove bingo from the prenv ises. granted a permanent license. make it appear that Circus Cir "Laughlin manages to get into Makes Report some scrapes and never seems to have any remorse," said board member Wayne Pearson. Laughlin was involved recent Minuteman Missile Firing Successful ly in a scuffle at a North Las Vegas casino. His attorney, William Morris, said Laughlin "was HORSE tfjfoyjp yjfyuyljlJy mMfi BACK is for MAXI Jyf RIDING the money Vayrides Cookouts I VOU S0V6 OPEN DAILY CUrtDBIKjV (Weather Permitting) On Vl I I fM V7 747-1647 See Gazette-journal Classified clobbered on the head by a security guard after the guard VANDENBERG AIR FORCE grabbed his wife by the throat.

BASE, Calif. (AP) A Minute- Morris complained the Laugh man II intercontinental ballistic WASHINGTON (AP) The Agriculture Department's final report of the year estimated the 1968 production of corn for grain at 4,374,840,000 bushels. The wheat crop was put at bushels. The corn estimate compares with 4,439,758,000 bushels forecast a month ago, with last year's revised production estimated of 4,760,076,000, and with the 1962-66 average of 3.862,300,000 bushels. Last month's wheat forecast compared with a revised estimated of 1,522,382,000 bushels for 1967 and the 1962-66 average of 1,229,893,000 bushels.

lins have been operating on con ike raaasea o.ii? ditional licenses for 2Vi years, adding there is no justification missile was successfully sent down the Western Test Range to a predetermined target to day, the Air Force said. The 6:30 a.m. launch, which tested components involved in 1 7 jewel ILeGGinfr watches the refinement of the Minute- man system, was conducted by an Air Force-industry team un der the direction of an air Force systems command of the 6595 INSTALLED Aerospace Test Wing. No other Reno Council No. 4, Royal and details were given.

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