The Sands Regent Shareholders Approve Sale to Herbst Gaming

RENO, Nevada -- The Sands Regent (Nasdaq: SNDS) announced today that its shareholders approved the proposed acquisition by Herbst Gaming Inc., at a special shareholders' meeting held today. Votes to
The Sands Regency is the flagship property of the Sands Regent company.  approve the proposed acquisition represented approximately 67% of the Company's shares outstanding.

The Sands Regent and Herbst anticipate the closing of the acquisition, pending the receipt of gaming approvals and other applicable conditions, by the end of calendar 2006.

Under the merger agreement, each outstanding share of the Company's common stock will be converted into the right to receive $15.00 in cash, without interest. The proposed acquisition was first announced on May 16, 2006, and is described in more detail in the definitive proxy statement filed by The Sands Regent with the Securities and Exchange Commission on July 26, 2006.