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Canadian Firm Sells Nevada Casino

2 August 2002

TORONTO, Canada -- Revenue Properties Co. Ltd., which earlier this year sold its stake in the Las Vegas PT's Pubs chain of video poker bars, today said it agreed to sell its interest in its last remaining Nevada gaming asset to its partners for about CDN$3 million (US$1.9 million).

That property is the PT's Mining Co. casino and bar on Boulder Highway in Henderson. Revenue's partners in the venture were PT's founders Phil and Tom Boeckle.

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