Reno Gazette-Journal from Reno, Nevada • Page 25

Business Thursday, June 9, 1988 Reno Gazette-Journal 7B Gaming Control Board OKs sale of Frontier Writers strike From page 10B national commercial projects, including ads for department stores, car and appliance companies, Ms. Holabird told the commission. In efforts to attract more filmmakers to rural Nevada, Ms. Holabird said she plans to visit several desert and mountain towns in the state and write a booklet to show "areas that haven't been publicized." During May, a low-budget movie, "Bar 20 Three," was filmed on an Elko ranch where the production crew stayed because of a shortage of hotel and motel rooms, Ms. Holabird said.

And last week, the Rutger Hauer movie "Blind Fury" completed several weeks of filming in the Reno area. A Home Box Office' film "Steal the Sky" finished shooting in April at Stead. The area north of Reno served as a movieland Iraq and Israel, Ms. Holabird said. The scenes were played with the Stead airport as an air force backdrop in the movie, tentatively scheduled to air on HBO late this summer.

"The hangers looked old enough so they didn't have to do too much to them," Ms. Holabird said. "And they had MiGs out there, too. They were stunned by what they found and delighted." Macmillan rejects bid NEW YORK (AP) Macmillan Inc. on Wednesday rejected a 11.9 billion takeover proposal from Texas billionaire Robert M.

Bass and bulldozed ahead to implement a restructuring plan it says is more beneficial to shareholders. On the eve of a court hearing on Bass's request to halt a dividend payout, which marks the first phase of the restructuring, a Macmillan attorney defended the plan as providing "substantial value to shareholders at this time and (giving) them continuing equity interest in the future of the company." CARSON CITY (AP) Longtime casino operator Margaret Elardi was recommended Wednesday to buy the Frontier hotel-casino in Las Vegas, part of the gaming empire started by the late Howard Hughes. The state Gaming Control Board sent its recommendation to its parent Nevada Gaming Commission, meeting here June 23, with GCB Chairman Mike Rumbolz saying Mrs. Elardi's application was clean and her investigative report "made for boring reading." Mrs. Elardi acquired the club and the land under another Summa property, the Silver Slipper Gambling Hall, for an undisclosed price.

The Slipper will be demolished and Mrs. Elardi plans to build a new hotel on the site. Rumbolz said Hughes and his Summa Corp. "ushered in the modern era in gaming. He brought in the corporate attitude that today is the standard in the industry.

There is no question Mr. Hughes' influence will continue to be felt for many years." Hughes revolutionized gaming in Nevada when he bought the Desert Inn, Sands, Frontier, Silver Slipper, Castways and Landmark resorts in Las Vegas and Harolds in Reno in the mid-1960s. The purchases marked the entrance of corporate gaming to the state, which had previously limited casino ownership to individuals or partnerships. Summa Corp. still owns large parcels of land in the Las Vegas area, including a piece called Husite that the company is developing.

Mrs. Elardi operated the Pioneer Club in downtown Las Vegas for 16 years before selling in 1982 to concentrate on her Pioneer Hotel and Gambling Hall in Laughlin. At the Frontier, she will employ Dominic Tegano as vice president of casino operations and Richard Howe as casino manager. In other action, the Control Board recommended Gary and Gail Mahoney as owners of the Opera House Casino in North Las Vegas. Wavar a 34 204a VMX Tartcp I ag 22' Vi Wavatk 7va Va iran: pti.vg 30 Waxmn 14 la1 vt Jt Va lucaur TuaiM 20Cnln '4 IS4 I a itvt 3va Va VSI 24 14'- VVrK .40 Vi ValldLg 4S14V4 ValyO III 11'.

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The state commission also approved a proposal to consolidate the U.S. Department of Commerce's two-person export promotion office, now in Reno, with the state's export promotion office in Carson City. THE MOVE would mean that Jerry Jeremy, who heads the federal office in Reno, would relocate to the state's office in Carson City, as would Jeremy's assistant. The plan includes opening a similar state-funded office in Las Vegas, probably next year, according to Grose. Julie Wilcox, who heads the state's international industrial recruitment staff, said Nevada is working to bring a group of 12 industrial investors to the state this fall, and the Desert Inn Hotel and Casino and Caesars Lake Tahoe are willing to donate accommodations for them.

A similar trip for Japanese financial institutions is being planned for 1989, she said. Wilcox also reported that during a recent Nevada trade mission to the Far East, six Japanese companies, two Taiwanese companies and two Korean companies agreed to visit sites in Nevada during the next 120 days. One of them, she said, has already filed incorporation papers in Nevada. for an increase to $29,400. OTHER GRANTS INCLUDED: $56,000 for the Tri-County Development Agency, which serves Pershing, Lander and Humboldt counties.

$36,500 for the Central Nevada Development Authority, which serves Hawthorne and Tonopah. $45,000 for the North East Nevada Development Authority, which serves Wells, Carlin, Ely and Elko. $26,500 for Economic Development of Eastern Nevada, which serves White Pine and Lincoln counties. IN ANOTHER MATTER, the commission informally decided that the Economic Development Authority of Western Nevada, not the state, should take the lead in a business retention and expansion program for the Reno area. Ken Lynn, executive director of the western Nevada agency, said his group already has been working to help keep businesses in the area and to assist them in expanding.

Also, he said, the group has plans to expand those activities. The commission decided that it would be best to have the state offer whatever help it can to the western Nevada group rather than duplicating functions. 144a 4t 54a Va llva 34t Va Vlpont Vapnt wt Vlratak vaBch .20 VlataOr uneos a 12 a UFnGrp 414114 NASDA9 From page 9B sun ii StanlTI smlyln I. Stanabv H-l-W siaodvit J1 StarTc I'-a SlMaln 141 V4 St.SlOo a VjI.G 0 3 SfwBC 4 10 10' 4 1114114 SlaalT I stiwva 4'a StawStv Sa Slwin) I41- StckVM 10 4Aa StocKS Ma 44 Stoaaty .11 i Sloll I04 Siriim 10 1 stratua 30 1 Strooar 12 14 StrucOy 17' la Slryhr a llv- SruOS SluartH OS IH SludL vf Vi Subaru 54 SubBcp 24 It Sudbry 744 SuMfln Va Summa 14 Sumgpn 12 4 Sumcrp .42 20a Vi SumilB 72b 23V SumtHI .12 IV- SumSav 34 1 SunCM 1 3 11 Sunalr .244 1 SurtGrd 17V4 SunSav 74 44 SunMIc 34V4144 SunStSL 7 Surtllta IS 11 SunMad 7 va SunsrFd 4' va Sunwtt 4 la 25H SupRla .24 I2V SupEI UI 44 SurgAt I 12 V4 SusqBn 11 vt, SvanCI 4 41 Jl Vt SymTk I4V4 4a Symbln lit Symbllc 1 141 I Synbio I Va Syncor Synrcm 3 Synargn 74 V4 Synlacn 3 Vt Syntrax 1V4 Syntro 2H Systln 7V4 va SySoftw I4V '4 Syjtmt 40a 32 SysTCpt 3 V4 TBC 4 14a TCA .31 2W4 am tax annant .94 aradta Tarax Tava 12a ThaHd .10 ThrnAV ThouTr 1 SCI From page 10B some jobs had not actually been created during the state's reporting period, they have been created since. Andrew P.

Grose, the commission's executive director, said Las Vegas spends more and takes longer to create jobs because it has an uphill fight in industrial recruitment to overcome its stigma as a gaming mecca. Martinez argued that if the state's job creation figures do not accurately reflect what the agencies are doing, more accurate criteria should be developed. DUNTON SAID the state group will seek additional money from the Legislature. "We recognize their requests for additional funding are valid, and we have an obligation to go to the Legislature and seek additional funding for them," he said. The Las Vegas-based agency had sought a grant of $287,500.

Likewise, the Northern Nevada Development Authority had sought an increase from $56,000 to $72,025. The Economic Development Authority of Western Nevada did not seek an increase of its $130,000 grant. The Churchill County Development Authority of Fallon was frozen at $16,000 despite its request UGrdn 44a UHltCr 4H Utdlnv 4a 4V 20 IS 3 27 3Vi 4 a-la 1-14 lVal-U Jlrtlv, 14Vi 15 14 7-14 I 14 13Vi 4 2H 444 44 4va UMoBn 27VX Vt VlitauP Vltalnk Vltronlc Vlvlgan Vodavl Voltlnl UnNMx 15a 10 UtdNwvp 7a 14Vt WllanP Wilton Wlrtdmr Wlngwt WltSGt WlacTy Wlaaro Wolonn WolvEx Wolv wf woodhd Worthg Wrltar Wyman Wyna 104a 1 IH4 Vt 20VI 10 04TJ JO' svt vt 40 14'a Vt 24 15' 44 134t Vt 544 Vt 40 10' Vt 44 31Vt 15 14 1-14 40 15' 20 Vt 11' tt UtdSvra .72 l't 44 Volvo 1 57a S44a vt 3Com ThttyRt Tigara TlmbSf ToddAO Va vortac otb 44a VulcP 044 li 13-14 SV. 7 VI 234 Vt 3Vt Va TokloF I.24T USB Or uSBuva US Ant US Bco I US Fact. 04a US HltC .14 USHItl US Pre US 5h.lt US Trjtl.14 U5WNV 4.

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We care. RESIDENTIAL -COMMERCIAL ADDITIONS IMPROVEMENTS GILMARTIN ia S7 cordless JIF700 IWNk iff SCREWDRIVER 4 Gift Certificates Available CONSTRUCTION 5. ft ntsn hriMRO RANnFR 5 245 VINE ST. RENO 1651 322-9004 NEV. GN.

CONTRACTORS UC. 24717 NV. SPECIALTY CONTRACTORS UC. 25438 Lasting Gifts for Less. Second Center Downtown 4 Reno 4 323-2352 IP 'l twsawblaoeW BUY SELL TRADE BASEBALL CARD SHOWS! June 12: RENO Holiday Inn, 1-80 Fwy.

at Wells exit, 10-4 pm June 13: DUBLIN Howard I Wffc VARIABLE SAWZALL REG. $739.95 fc. I SgSV mm 8 PC. SCREWDRIVER SET irl" VSSfcl June 10: STOCKTON Hilton Hotel, I-5 Fwy. at March exit, 5-9 pm June 11: FAIRFIELD Holiday Inn AT Pun At Travici ovit Johnson Hotel, I-580 Fwy.

at San Ramon Rd. exit, 5-9 pm i 1IV.1 nm L. 'Imt ll VHSw 3 PHILLIPS, 5 SLOTTED 1 NOW WLJl9 REG. $9.95 95 I TnaJCUa I NsT 1 CORDLESS DRILL I I 'JfflSSt Coming September 2-5, 1988: the San Francisco All-Amerlcan Sports Collectors Convention 500 Tables 12 Hall of Famers Motcone Center 1 1NFORMATION (707) 575-0511 -T 1- unm (Zd TOOL ONLY I KW-J 0s" IB 7095 I I Wmt'y SPEEDV I TOOL CHEST JUST It (IfijLcSWm IK REVERSIBLE DRILL I JUST. Mil i 7 COMPLETE KIT MODEL 6093DW Don't Miss A Moment of the Action at the Top Deck Race Book! 18 Giant T.V.

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