<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): March 6, 1995
SAHARA GAMING CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Nevada 1-9481 88-0304348
(STATE OR OTHER (COMMISSION FILE (I.R.S. EMPLOYER
JURISDICTION OF NUMBER) IDENTIFICATION NO.)
INCORPORATION)
2535 Las Vegas Blvd. South, Las Vegas, Nevada 89109
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (702) 737-2111
None
(FORMER NAME OR FORMER ADDRESS, IF CHANGED SINCE LAST REPORT)
Page 1 of 5 Pages
Exhibit Index at Page 4
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ITEM 5. OTHER EVENTS.
A copy of Sahara Gaming Corporation's press release dated March 6,
1995 relating to the assignment of the Hacienda Sale Agreement to Circus Circus
is filed as an Exhibit to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits
--------
99.1 March 6, 1995 Press Release.
2
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
SAHARA GAMING CORPORATION,
a Nevada corporation
By: /s/ Thomas K. Land
------------------------------
Name: Thomas K. Land
Title: Senior Vice President
March 8, 1995
3
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EXHIBIT INDEX
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99.1 March 6, 1995 Press Release 5
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Exhibit 99.1
[Letterhead]
FOR IMMEDIATE RELEASE: Monday, March 6, 1995
CONTACT: Thomas K. Land Richard Bernot
Chief Financial Officer or Madeleine Franco
Sahara Gaming Corporation Jordan Richard Assoc.
702-737-2724 801-595-8611
SAHARA GAMING CORPORATION ANNOUNCES ASSIGNMENT
OF HACIENDA SALE AGREEMENT TO CIRCUS CIRCUS
LAS VEGAS, NEV.--Sahara Gaming Corporation (AMEX: SGM) announced today that
the company's agreement to sell substantially all of the assets of its
Hacienda Hotel & Casino in Las Vegas to William G. Bennett, former chief
executive officer of Circus Circus, has been assigned by Bennett to Circus
Circus. The assignment is in consonance with a settlement agreement reached
yesterday between Circus Circus and Bennett relating to litigation involving
Bennett's agreement to acquire the Hacienda. The terms of the agreement of
sale were unchanged as a result of the assignment to Circus Circus.
The sale remains subject to, among other things, the buyer's obtaining all
appropriate regulatory licenses and approvals.
"We are pleased to cooperate with the settlement agreement, and look forward
to the consummation of this transaction," said Thomas K. Land, chief financial
officer of Sahara. "As previously disclosed, proceeds from the sale will be
utilized to repay certain indebtedness and for working capital purposes,
including the pursuit of existing and new development opportunities," he said.
Sahara Gaming Corporation is a diversified gaming management company
headquartered in Las Vegas. The company owns and operates the Sahara and
Hacienda Casino Hotels on the Las Vegas Strip, the Santa Fe Hotel & Casino in
northwest Las Vegas, and the Pioneer Hotel and Gambling Hall in Laughlin,
Nevada.
5
