Riviera Holdings Common Stock Delisted From NYSE Amex
June 25 2009 - 3:54PM
PR Newswire (US)
Available for Quotation on Pink Sheets under Symbol "RVHL" LAS
VEGAS, June 25 /PRNewswire-FirstCall/ -- Riviera Holdings
Corporation (the "Company") today announced that trading of its
common stock (NYSE Amex: RIV) on the NYSE AMEX LLC was suspended as
of the close of trading today. Effective June 26, 2009, the
Company's common stock will be available for quotation on the Pink
OTC Markets, Inc. (the "Pink Sheets") under the symbol "RVHL". As
of Friday, June 26, 2009, the Company's real-time level 2 quotes
may be found at:
http://www.pinksheets.com/pink/quote/quote.jsp?symbol=rvhl Forward
-Looking Statements In accordance with the "Safe Harbor" provisions
(as that term is defined in Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended) of the Private Securities Litigation Reform Act
of 1995, we provide the following cautionary remarks regarding
important factors which, among others, could cause future results
to differ materially from the forward-looking statements,
expectations and assumptions expressed or implied in this news
release. Forward-looking statements include the words "expect,"
"may," "aim," "foresee," "potential," "should," "would," "could,"
"likely," "estimate," "intend," "plan," "continue," "believe,"
"expect," "projections" or "anticipate," and similar words, and
they include all discussions about our ongoing or future plans,
objectives or expectations. Risks and uncertainties that could
cause actual results to differ materially from the results
anticipated in the forward-looking statements include, among other
factors: uncertain hotel and casino market conditions, financing
requirements, interest rates, proposals for the acquisition of
Riviera Holdings Corporation, increases in energy costs, economic
and political instability, disruptions affecting expansion and
modernization objectives and timetables, onerous regulatory
requirements, fiscally burdensome planned or unplanned Capital
Expenditures and other risks and uncertainties detailed from time
to time in our filings with the Securities and Exchange Commission.
Forward-looking statements involve significant known and unknown
risks, uncertainties and other factors that may cause our actual
results, performance or achievements to differ materially from
anticipated results, performance or achievements expressed or
implied by the forward-looking statements. We do not intend to
update its forward-looking statements even though our situation or
plans may change in the future, unless applicable law requires us
to do so. About Riviera Holdings Corporation Riviera Holdings
Corporation owns and operates the Riviera Hotel and Casino on the
Las Vegas Strip and the Riviera Black Hawk Casino in Black Hawk,
Colorado. Riviera Holding Corporation's stock is quoted on the Pink
Sheets, under the symbol RVHL. DATASOURCE: Riviera Holdings
Corporation CONTACT: Phil Simons, CFO, Riviera Holdings Corp.,
+1-702-794-9527, ; INVESTOR RELATIONS: Betsy Truax, Skorpus
Consulting, +1-208-241-3704,
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