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The Sands Regent Appoints New CFO

NEVADA – (PRESS RELEASE) -- The Sands Regent (Nasdaq: SNDS) today announced the appointment of Cornelius ("Cory") T. Klerk as Chief Financial Officer.

Mr. Klerk, 51, will be responsible for accounting, finance, public company reporting, Sarbanes-Oxley compliance and internal audit. He has extensive financial and accounting experience in the gaming industry. Formerly CFO of GameTech International, Inc., between August 2004 and March, 2005, Mr. Klerk served as Vice President of Finance for Aristocrat Technologies, Inc., the Americas Division of Aristocrat Leisure Limited, from August 2003 to July 2004. With 28 years of experience in the gaming industry, Mr. Klerk has held a variety of senior financial positions with Silverton Hotel Casino, Aladdin Hotel Casino, Hilton Gaming and Harrah's Entertainment. He began his career as a CPA with Price Waterhouse & Co.

Ferenc B. Szony, President and Chief Executive Officer of The Sands Regent, commented, "As The Sands Regent continues to expand as a regional gaming and entertainment company, it is important that we augment our management team to best manage our properties and to capitalize on opportunities as they develop. Cory brings a wealth of public company experience to his duties as CFO, and his addition strengthens our management team. Further, his appointment as CFO will allow COO Rob Medeiros to focus on operations, expansion projects, and continued acquisitions."

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