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 Ferenc Szony Named the Gaming Industry's Top Performing
Chief Executive Officer by HVS Executive Search
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RENO, Nev., Sept. 19, 2005 - The Sands Regent (Nasdaq: SNDS) today announced that the Company's CEO, Ferenc Szony, has been honored as the gaming industry's top performing chief executive officer by Keith Kefgen, President of HVS Executive Search, and Stephen Goebel, Managing Director, HVS Executive Search Las Vegas.

The CEO award is presented each year to the gaming industry CEO who offers the best value to investors based on a pay-for-performance model designed by Mr. Kefgen. The model compares CEO compensation to such indicators as stock appreciation, company growth, and increases in earnings before interest, taxes, depreciation, and amortization (EBITDA) to determine the top performing CEO.

Since joining the Company as Chief Executive Officer and member of the Board of Directors in December, 1997, Mr. Szony has led the management team that has "reinvented the Sands." Since December of 1997, The Sands Regent has grown from a single property in downtown Reno to five properties throughout the region serving both tourists and, increasingly, local area residents. Its revenues have grown from $57.5 million for the 1997 fiscal year (fiscal year ends June 30) to $81.1 million for fiscal 2005.

Mr. Szony is a member trustee of the University of Nevada, Reno's Casino Gaming School Advisory Board. Mr. Szony also sits on Reno's ARTown Board and was appointed to the Nevada Commission on Tourism in 1994 and currently serves as the vice chair.

About HVS Executive Search
HVS Executive Search is the nation's leading retained executive search firm, specializing in the gaming industry, with an office in New York and in Las Vegas. This division of HVS International, the global hotel-consulting firm, also provides compensation design and corporate governance.

About The Sands Regent
The Sands Regent owns and operates the Sands Regency Casino and Hotel in downtown Reno, Nevada, Gold Ranch Casino and RV Resort in Verdi, Nevada, Rail City Casino in Sparks, Nevada and the Depot Casino and the Red Hawk Sports Bar in Dayton, Nevada.
The Sands Regency is an 833-room hotel and casino with 29,000 square feet of gaming space offering table games, a sports book, poker room, keno, bingo and slot machines. In addition to the amenities and on-site brand name restaurants, the Company's property also includes a 12,000 square foot convention and meeting center which seats close to 1,000 people. For further information, visit www.sandsregency.com.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

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Contact:

Ferenc Szony
President and Chief Executive Officer
     The Sands Regent
     (775) 348-2210

Leora Halpern Lanz
HVS International
516-248-8828 ext. 278
Llanz@hvsinternational.com
 

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Also See: Hasu Shah, CEO of Hersha Hospitality, Named the Lodging Industry’s Top Performing Chief Executive of 2004 by HVS Executive Search / June 2005
HVS Executive Search Presents Lodging Leadership Award For Board Performance To Arlington Hospitality and The Lodging Industry’s Top Performing Chief Executive Officer of 2003 Award to Jonathan Tisch, CEO of Loews Hotels / June 2004


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