Topfer leaving board

Wednesday, Oct. 30, 2002 | 11:16 a.m.

Alliance Gaming Corp. of Las Vegas announced the retirement from its board of directors of Morton Topfer, effective Thursday.

"There are family matters that require my utmost attention and therefore I have elected to retire from my board position," Topfer said in a statement issued by Alliance. "I am leaving a corporation that I believe has a very bright future ahead of it."

Separately, Alliance director David Robbins sold 20,000 shares of the company's common stock on Oct. 22, according to a Form 4 filed Monday with the Securities and Exchange Commission.

Robbins sold the shares for $17.44 a share. After the transaction, he directly owned 40,000 shares.

Robbins had earlier reported sales of 110,000 shares Oct. 22 and Oct. 23 for prices from $17.62 to $17.78 a share.

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