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November 24, 2009

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Two big shareholders may sell stock

Thursday, Aug. 24, 2000 | 10:43 a.m.

Mikohn Gaming of Las Vegas registered nearly 1 million shares of stock Wednesday on behalf of selling shareholders.

The 989,723 shares carry a proposed offering price of $7.24 million, or $7.32 per share. The shares represent about 9 percent of Mikohn's total outstanding stock; however, Mikohn said the registration does not necessarily mean all of the shares will be sold, and that the amount and timing of the sales is up to each shareholder.

The largest block of shares registered are held by Hasbro Inc. and Hasbro International, which will be able to sell 750,000 shares of stock. Mikohn licensed Hasbro dice game "Yahtzee" for a popular line of slot machines.

Also holding shares registered Wednesday was Harrah's Operating Company Inc., which registered 133,333 shares of stock.

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