SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities
Exchange Act of 1934
Filed by the Registrant (X)
Filed by a Party other than the Registrant ( )
Check the appropriate box:
( ) Preliminary Proxy Statement
( ) Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
(X) Definitive Proxy Statement
( ) Definitive Additional Materials
( ) Soliciting Material under Section 240.14a-12
LAS VEGAS GAMING, INC.
_________________________________________________________________________________________________________________________
(Name of Registrant as Specified in its Charter)
_________________________________________________________________________________________________________________________
(Name of Person(s) Filing Proxy Statement, if other than Registrant)
Payment of Filing Fee (Check the appropriate box):
(X) No fee required
( ) Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1) Title of each class of securities to which transaction applies:
2) Aggregate number of securities to which transaction applies:
3) Proposed maximum aggregate value of transaction:
4) Total fee paid:
( ) Fee paid previously with preliminary materials.
( ) Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
( ) Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
LAS VEGAS GAMING, INC.
4000 West Ali Baba Lane. Suite D
Las Vegas, NV 89118
&nb sp;
& nbsp; September 28, 2004
Dear Shareholder:
You are cordially invited to attend the annual meeting of shareholders of Las Vegas Gaming, Inc., which will be held at Spanish Trail Country Club, 5050 Spanish Trail Lane, Las Vegas, Nevada, on November 16, 2004, at 1:00 p.m. Pacific Standard Time.
Details of the business to be conducted at the annual meeting are given in the attached Notice of Annual Meeting of Shareholders and Proxy Statement.
Whether or not you attend the annual meeting, it is important that your shares be represented and voted at the meeting. Therefore, I urge you to sign, date, and promptly return the enclosed proxy. If you decide to attend the annual meeting and vote in person, you will of course have that opportunity.
On behalf of the board of directors, I would like to express our appreciation for your continued interest in the affairs of Las Vegas Gaming, Inc.
Sincerely,
/s/ Russell Roth
Russell R. Roth
CEO and Chairman
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Las Vegas Gaming, Inc.
4000 West Ali Baba Lane Suite D
Las Vegas, NV 89118
Telephone (702) 871-7111
____________________________________________________
NOTICE OF ANNUAL MEETING OF SHAREHOLDERS
November 16, 2004
___________________________________________________
TO THE SHAREHOLDERS OF LAS VEGAS GAMING, INC.:
The annual meeting of the shareholders of Las Vegas Gaming, Inc. will be held at Spanish Trail Country Club, 5050 Spanish Trail Lane, Las Vegas, Nevada, on November 16, 2004, at 1:00 p.m. Pacific Standard Time, for the following purposes:
1. To elect three directors to serve until the next annual meeting or until their successors are elected and qualified;
2. To confirm the appointment of Piercy, Bowler, Taylor and Kern as auditors for the Company;
3. To transact any other business that may properly come before the meeting or any adjournment of the meeting.
Shareholders of record at the close of business on September 17, 2004 are entitled to notice of and to vote at the meeting. The Company’s proxy
statement accompanies this notice.
All shareholders are invited to attend the meeting in person.
BY ORDER OF THE BOARD OF DIRECTORS,
/s/ Russell Roth
RUSSELL R. ROTH, President
Las Vegas, Nevada
September 28, 2004
IMPORTANT
Whether or not you expect to attend in person, we urge you to sign, date, and return the enclosed Proxy at your earliest convenience. This will ensure the presence of a quorum at the meeting. PROMPTLY SIGNING, DATING, AND RETURNING THE PROXY WILL SAVE LAS VEGAS GAMING THE EXPENSE AND EXTRA WORK OF ADDITIONAL SOLICITATION. Sending in your Proxy will not prevent you from voting your stock at the meeting if you desire to do so, as your Proxy is revocable at your option.
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Las Vegas Gaming, Inc.
4000 West Ali Baba Lane. Suite D
Las Vegas, NV 89118
Telephone (702) 871-7111
________________________________________________
PROXY STATEMENT
________________________________________________
For the Annual Meeting of Shareholders
To be held November 16, 2004
NO PERSONS HAVE BEEN AUTHORIZED TO GIVE ANY INFORMATION OR TO MAKE ANY REPRESENTATIONS OTHER THAN THOSE CONTAINED IN THIS PROXY STATEMENT IN CONNECTION WITH THE SOLICITATION OF PROXIES MADE HEREBY, AND, IF GIVEN OR MADE, SUCH INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY LAS VEGAS GAMING OR ANY OTHER PERSON.
MATTERS TO BE CONSIDERED
This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Directors of Las Vegas Gaming, Inc. (the "Company") for use at the annual meeting of the shareholders of the Company, or any adjournments thereof. The meeting will be held at Spanish Trail Country Club, 5050 Spanish Trail Lane, Las Vegas, Nevada, on November 16, 2004, at 1:00 p.m. Pacific Standard Time, to elect three directors to serve until the next annual meeting or until their successors are elected and qualified and to confirm the appointment of the accounting firm of Piercy, Bowler, Taylor & Kern as the Company’s auditors.
Management knows of no other business that may properly come before the meeting. The above matters require for their approval the affirmative vote of a majority of the shares represented at a meeting at which a quorum is present.
This proxy statement and the enclosed form of proxy are first being mailed to shareholders on or about September 28, 2004.
RECORD DATE; SOLICITATION OF PROXIES
The board of directors of Las Vegas Gaming has fixed the close of business on September 17, 2004 as the record date for the determination of shareholders entitled to notice of and to vote at the annual meeting. At the record date, there were approximately 7,088,955 shares of common stock issued, outstanding, and entitled to vote at the meeting. Holders of common stock are entitled to one vote at the meeting for each share of common stock held of record on the record date. There are no separate voting groups or separate series of stock with voting rights.
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In addition to the solicitation of proxies by the board of directors through use of the mails, proxies may also be solicited by Las Vegas Gaming and its directors, officers and employees (who will receive no additional compensation therefore) by telephone, telegram, facsimile transmission or other electronic communication, and/or by personal interview. Las Vegas Gaming will reimburse banks, brokerage houses, custodians and other fiduciaries who hold shares of common stock in their name or custody, or in the name of nominees for others, for their out-of-pocket expenses incurred in forwarding copies of the proxy materials to those persons for whom they hold such shares. Las Vegas Gaming will bear the costs of the annual meeting and of soliciting proxies therefore, including the cost of printing and mailing this proxy statement and related materials. Las Vegas Gaming has spent approximately $1,000 in legal and other expenses in the preparation of this proxy statement and other expen ses connected with the solicitation of security holders. It is anticipated that Las Vegas Gaming will spend an additional $1,000 in solicitation of security holders before the meeting is held.
Any questions or requests for assistance regarding Las Vegas Gaming’s proxies and related materials may be directed in writing to Russell Roth, at 4000 West Ali Baba Suite D, Las Vegas, Nevada 89118.
VOTE REQUIRED AND VOTING
In order to obtain shareholder approval, thirty-three and one thirds percent (33 1/3%) of the issued and outstanding shares of common stock entitled to vote as of the record date, represented in person or by proxy, is required for a quorum at the annual meeting. Abstentions may be specified and will be counted as present for the purpose of determining the existence of a quorum. Election of directors shall be accomplished by the three candidates receiving a plurality of the votes cast at a shareholder's meeting by the shareholders entitled to vote in the election.
You may vote by either attending the meeting in person or by filling out and sending in your proxy. Shares of common stock that are represented by properly executed proxies, unless such proxies shall have previously been properly revoked (as provided herein), will be voted in accordance with the instructions indicated in such proxies. If no contrary instructions are indicated, such shares will be voted FOR the named nominees for the board of directors identified herein. Shares represented by proxies that have voted against the propositions presented at the meeting cannot be used to postpone or adjourn the meeting in order to solicit more votes for the proposition.
Brokers who hold shares in a street name have the authority to vote when they have not received instructions from the beneficial owners. Brokers who do not receive instructions, but who are present in person or by proxy at the meeting will be counted as present for quorum purposes.
OTHER MATTERS
It is not expected that any matters other than those referred to in this proxy statement will be brought before the meeting. If other matters are properly presented, however, the persons named as proxy appointees will vote in accordance with their best judgment on such matters. The grant of a proxy also will confer discretionary authority on the persons named as proxy appointees to vote in accordance with their best judgment on matters incident to the conduct of the meeting.
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REVOCATION OF PROXY
Any shareholder may revoke his, her or its proxy (other than an irrevocable proxy coupled with an interest) at any time before it is voted, by: (1) filing with the corporate secretary of Las Vegas Gaming an instrument revoking the proxy; (2) returning a duly executed proxy bearing a later date; or (3) attending the meeting and voting in person. Attendance at the meeting will not by itself constitute revocation of a proxy.
SHAREHOLDERS ARE URGED TO READ AND CAREFULLY CONSIDER THE INFORMATION PRESENTED IN THIS PROXY STATEMENT, AND SHAREHOLDERS ARE URGED TO COMPLETE, DATE, SIGN AND PROMPTLY RETURN THE ENCLOSED PROXY IN THE ACCOMPANYING PREPAID ENVELOPE.
ELECTION OF DIRECTORS
Three directors are to be elected at the annual meeting, to hold office for one year until the next annual meeting of shareholders, and until their successors are elected and qualified. It is intended that the accompanying proxy will be voted in favor of the following persons to serve as directors unless the shareholder indicates to the contrary on the proxy. Management expects that each of the nominees will be available for election, but if any of them is not a candidate at the time the election occurs, it is intended that such proxy will be voted for the election of another nominee to be designated by the Board of Directors to fill any such vacancy.
NOMINEES
The following sets forth information regarding each nominee.
All Positions Years/Mos. Served
And Offices &n bsp; as Director
Name with LVGI Age of the Company
Russell Roth President, Chief Executive 57 6 years, 6 months
Officer, CFO & Director
Richard Irvine Director 62 3 years, 9 months
Kyleen Cane Director 49 3 years, 4 months
_______________________________________________
Russell R. Roth. Mr. Roth has been President, Chief Executive Officer, Chief Financial Officer and Chairman of the Company since April 1998. From January 1995 until December 1999, Mr. Roth had been the feature writer, editor and co-owner of the Las Vegas Investment Report and has managed portfolios for a few select individuals. From September 1994 to April 1996, Mr. Roth served as President of National Investment & Tax Managers, Inc. From January 1987 to April 1993, Mr. Roth
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served as Chief Financial Officer of Sotheby's Holdings, Inc., an art auction company. At Sotheby's Holdings, Inc., Mr. Roth spearheaded the Company's initial public offering in 1988. From 1983 to 1986, Mr. Roth served as Chief Financial Officer of Cessna Aircraft Company where Mr. Roth coordinated a successful merger of the Company with General Dynamics Corp. From 1974 to 1983, Mr. Roth served in various financial capacities for Rockwell International and the Bendix Corporation. Mr. Roth received his Bachelors of Science in Economics from the University of Kansas in 1968 and his Masters of Business Administration from the University of Michigan in 1973. He serves on the Board of directors Legal Access Technologies, Inc. Legal Access Technologies is a public reporting company traded on the Over-The-Counter Bulletin Board.
Rich Irvine. Mr. Irvine has been a director of Las Vegas Gaming since January 14, 2001. Mr. Irvine is currently Vice President of Sales for Alliance Gaming, a gaming company headquartered in Las Vegas, Nevada. From January 2002 through January 2003 Mr. Irvine was Vice President of Sales for A. C. Coin, a gaming company headquartered in Atlantic City, New Jersey. Mr. Irvine was Executive Vice President of Planning and Development for GameTech from February 1999 through November 2001. Mr. Irvine was President and Chief Operating Officer of Mikohn Gaming Corporation from July 1995 until September 1998. He had served on the Mikohn’s corporate Board of Directors since it became a publicly traded company in late 1993. From 1993 to 1995 Mr. Irvine was Senior Vice President - Marketing and Entertainment for Boomtown, Inc., a Reno-based owner and operator of casino properties in Verdi, Nevada; Las Vegas, Nevada; Biloxi, Mississippi; and New Orleans, Louisiana. From 1991 to 1993 he was Vice President of Marketing for worldwide Walt Disney attractions. His first entry into the gaming industry came as Executive Vice President Worldwide Sales and Marketing for International Game Technology (IGT), a leading manufacturer of gaming machines. During his four-year tenure, IGT’s revenues tripled. Mr. Irvine was co-founder of Aurora Productions. During an eight-year stint there, he was Executive Producer of such films asHeart Like a Wheel,Secret of Nihm andEddie and the Cruisers, and also the Broadway showThe Suicide. He also served as President and Chief Operating Officer of Straight Arrow Publishing, owners ofRolling Stone Magazine and as Executive Vice President of Unicorn/ Sovaminco, a U.S. - (former) U.S.S.R. joint venture. He began his career in media sales for Time, Inc. (now Time Warner) after attending the University of Southern C alifornia.
Kyleen Cane. Ms. Cane became a director of Las Vegas Gaming on July 5, 2001. From May of 1989 to June of 2001, Ms. Cane was the President and Chief Executive Officer of Tele-Lawyer, Inc., a Nevada Corporation that was acquired in an exchange agreement with Legal Access Technologies, Inc., a publicly reporting company, headquartered in Las Vegas, Nevada. At that time, Ms. Cane became the Chairman of the Board and CEO of Legal Access Technologies and continues to act in that capacity. Ms. Cane also maintains a law practice limited to Securities Law in Las Vegas, Nevada with two other attorneys, under the name Cane & Associates, LLP. Ms. Cane attended the University of California, Irvine where she graduated top in her class and received a B.A. degree in Economics (June 1975). She then went on to receive her Jurist Doctor degree from the University of Southern California Scho ol Of Law in May of 1978, also receiving high honors. Among these honors were Order of the Coif, Phi Beta Kappa, Summa Cum Laude, Dean's Honor List, Who's Who in American Colleges and Universities, Recipient of Three University of Southern California Scholarships, The American Jurisprudence Award in Constitutional Law and member of the University of Southern California Law Review. She is a licensed member of the Nevada, Washington, California and Hawaii State Bars, the U.S. Tax Court and maintains Real Estate Broker licenses in Nevada, California and Hawaii. During the past three decades, Ms. Cane has been a Partner with the Newport Beach Law firm of Wellman and Cane, an Associate Professor of
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Business Law at the University of Hawaii, Chairman of the Department of Financial Economics and Institutions at the University of Hawaii, College of Business, a Professor of law at Whittier College School of Law and Western State University School of Law and has published articles on a broad range of legal topics, including Corporate Takeovers, Tax Sheltered Investments, The Tax and Economic Benefits Of Structured Personal Injury Settlements, Equity And Forfeitures In Contracts For The Sale Of Land, Default Under An Agreement Of Sale, The Flat Tax System, and Restrictive Practices In Accreditation Of Medical Schools. She is also the author of four books (Divorce, Taxes, Bankruptcy and Estate Planning) in theFive Minute Lawyer books series published by Dell in May of 1995.
Terms of Office
Company directors are elected for one-year terms until the next annual general meeting of the shareholders or until removed from office in accordance with company by-laws.
THE BOARD RECOMMENDS
A VOTE IN FAVOR OF THE NAMED NOMINEES
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Section 16(A) Beneficial Ownership Reporting Compliance
The following persons have failed to file, on a timely basis, the identified reports required by Section 16(a) of the Exchange Act during the most recent fiscal year:
Name and Principal Position | Number of Later Reports | Transactions Not Timely Reported | Known Failures to File a Required Form |
Russell Roth, CEO | 0 | 0 | 0 |
Gary Baldwin, Former Director, Secretary & Treasurer | 0 | 0 | 0 |
Richard Irvine, Director | 0 | 0 | 0 |
Kyleen E. Cane, Director | 0 | 0 | 0 |
BENEFICIAL STOCK OWNERSHIP
The following table sets forth, as of September 17, 2004 Common Stock ownership of the Directors of the Company, the persons known to management to be the beneficial owners of more than five percent of the Common Stock of the Company, and the Company’s Directors and Officers as a group:
Name and Address Amount of Percent
Title of class of beneficial owner beneficial ownership of class
------------------------- ---------------------------------- ------------------------ ---------
Common Stock Russell R. Roth
4000 Ali Baba Lane
Suite D
Las Vegas, NV 891418 See table below
Common Stock Richard Irvine
1055 Silver Fox Circle
Reno, NV 89439 See table below
Common Stock Kyleen Cane
4000 Ali Baba Lane
Suite D
Las Vegas, NV 89118 See table below
Common Stock Gary G. Baldwin
305 La Plata Place
Boulder City, NV 89005 See table below
Common Stock All Officers and Directors See table below
as a Group (3 persons)
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Stock ownership of officers, directors and shareholders holding more than 5% of the outstanding shares of common stock
| 9/12/2004 | Partially diluted | Fully diluted | ||||
| COMMON | OPTIONS | WARRANTS | TOTAL | %(1) | %(2) | |
RUSS ROTH | 789,177 | 21,500 | 25,000 | 835,677 | 12.41% | 8.95% |
GARY BALDWIN (3) | 481,933 | 4,400 | 0 | 486,333 | 7.22% | 5.20% |
RICH IRVINE | 0 | 30,000 | 0 | 30,000 | 0.45% | .36% |
KYLEEN CANE | 3,500 | 30,000 | 0 | 33,500 | 0.50% | .32% |
TOTAL | 1,274,610 | 85,900 | 25,000 | 1,385,510 | 20.20% | 14.80% |
(1) Based on a denominator of 7,088,955 shares of common stock outstanding as of September 17, 2004, plus the particular beneficial owner’s issued options and warrants that were exercisable within 60 days.
(2) Based on a denominator of 7,088,955 shares of common stock outstanding as of September 17, 2004, plus all the issued options and warrants that were exercisable within 60 days.
(3) On January 28, 2003, Mr. Gary Baldwin resigned from the Board of Directors and is no longer an officer of the Company.
INFORMATION REGARDING THE BOARD
The Board and the Audit and Compensation Committees met 4 times during the fiscal year ended December 31, 2003 and all issues were raised signed several written consents to action without meeting. All directors attended all board meetings and all appropriate committee meetings.
On January 28, 2003, Mr. Gary Baldwin resigned from the Board of Directors. No one was appointed to replace him.
The directors are not currently paid for acting as members of the board, other than receiving stock options.
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The following table sets forth certain information as to our Chief Executive Officer and the highest paid officers and directors for our last three fiscal years. No other compensation was paid to any such officers or directors during this time period.
_________________________________________________________________________________________________________________________
Annual Compensation Table
_________________________________________________________________________________________________________________________
Annual Compensation | Long Term Compensation | ||||||||
| Name | Title | Year | Salary | Bonus | Other Annual Compensation | Restricted Stock Awarded | Warrants & Options | LTIP payouts ($) | All Other Compensation |
Russell R. Roth | Director, CEO, CFO and President | 2001 2002 2003 | $96,000 96,000 96,000 | $0 0 50,000 | $0 0 0 | 0 0 0 | 21,500 0 0 | 0 0 | 0 0 |
Gary G. Baldwin | Former Director, Secretary and Treasurer | 2001 2002 2003 | $84,000 71,750 30,000 | $25,000 0 0 | $0 20,340 0 | 0 0 0 | 4,400 0 0 | 0 0 0 | 0 0 0 |
Rich Irvine | Director | 2001 2002 2003 | $0 0 0 | $0 0 0 | $0 0 0 | 0 0 0 | 25,000 0 5,000 | 0 0 0 | 0 0 0 |
Kyleen E. Cane | Director | 2001 2002 2003 | $0 0 0 | $0 0 0 | $0 0 0 | 0 0 0 | 25,000 0 5,000 | 0 0 0 | 0 0 0 |
Kenneth L. Maul | Former Director | 2001 2002 2003 | $0 0 0 | $0 0 0 | $83,000 0 0 | 0 0 0 | 0 0 0 | 0 0 0 | 0 0 0 |
Mark Valenti | Former Director | 2001 2002 2003 | $0 0 0 | $0 0 0 | $0 22,500 58,184 | 0 0 0 | 0 0 5,000 | 0 0 0 | 0 0 0 |
Incentive Stock Options
In 2003 Kyleen Cane and Rich Irvine each received options to purchase 5,000 shares of common stock at an exercise price of $4.55 per share.
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Insider Participation in Compensation Decisions
The Company has a three member Compensation Committee made up of Russell R. Roth, Kyleen Cane and Richard Irvine. Members of the Compensation Committee, with the exception of Mr. Roth, are not salaried employees of the Company. Mr. Russell Roth is the only member of the Board receiving any cash compensation from the Company. Mr. Roth also received options to purchase 21,500 shares of the Company’s Common Stock during the year ended December 31, 2001. Ms. Cane and Mr. Irvine each received options to purchase 25,000 shares of the Company’s Common Stock for their services during the year ended December 31, 2001 and options to purchase 5,000 shares of the Company’s Common Stock for their services during the year ended December 31, 2003.
Board of Directors Report on Executive Compensation
The Board of Directors has no existing policy with respect to the specific relationship of corporate performance to executive compensation. The Board has set executive compensation at what the Board considered to be the minimal acceptable level necessary to retain and compensate the officer of the Company for his activities on the Company’s behalf.
SELECTION OF AUDITORS
The Board of Directors selected Piercy, Bowler, Taylor & Kern, Certified Public Accountants, as the Company’s independent auditors and business advisers to examine the Company’s financial statements for the fiscal year ended December 31, 2003. The shareholders are being asked to confirm this appointment.
PRINCIPAL ACCOUNTANT FEES AND SERVICES
Audit Fees
The aggregate fees billed by the Company’s auditors for professional services rendered in connection with the audit of the Company’s annual consolidated financial statements for the fiscal years ended December 31, 2002 and 2003 and the reviews of its quarterly financial statements were $ 32,907 and $81,154 respectively.
Audit-Related Fees
The Company’s auditors did not bill any additional fees for assurance and related services that are reasonably related to the performance of the audit or review of the Company’s financial statements.
Tax Fees
The aggregate fees billed by the Company’s auditors for professional services for tax compliance, tax advice, and tax planning were $4,321 and $3,700 for the fiscal years ended December 31, 2002 and 2003.
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All Other Fees
The aggregate fees billed by the Company’s auditors for all other non-audit services, such as attending meetings and other miscellaneous financial consulting, for the fiscal years ended December 31, 2002 and 2003 were $0 and $0 respectively.
FINANCIAL INFORMATION SYSTEMS DESIGN AND IMPLEMENTATION FEES
There were no fees billed by the Company’s auditors for: (a) directly or indirectly operating, or supervising the operation of, the Company’s information system or managing the Company’s local area network; or (b) designing or implementing a hardware or software system that aggregates source data underlying the financial statements or generates information that is significant to the Company’s financial statements taken as a whole. As there were no fees billed or expended for the above services, the Company’s board of directors did not consider whether such expenditures were compatible with maintaining the auditor’s independence from the Company.
FORWARD -LOOKING STATEMENTS
This proxy statement may include statements that are not historical facts. These statements are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 and are based, among other things, on the Company’s current plans and expectations relating to expectations of anticipated growth in the future and future success under various circumstances. As such, these forward-looking statements involve uncertainty and risk. External factors that could cause our actual results to differ materially from our expectations include:
- The Company’s ability to develop its business plan to the extent anticipated;
- The public’s willingness to accept the Company’s games; and
- The Company’s ability to compete successfully within the gaming industry.
Other factors and assumptions not identified above could also cause the actual results to differ materially from those set forth in any forward-looking statement. We do not undertake any obligation to update the forward-looking statements contained in this proxy statement to reflect actual results, changes in assumptions, or changes in other factors affecting these forward-looking statements.
FUTURE STOCKHOLDER PROPOSALS
It is anticipated that the release date for Las Vegas Gaming’s proxy statement and form of proxy for its next annual meeting of shareholders will be September 12, 2005. The deadline for submittals of shareholder proposals to be included in that proxy statement and form of proxy is 120 days prior to that date. The deadline for submittals of shareholder proposals for a meeting of shareholders other than at a regularly scheduled annual meeting is a reasonable time before the company begins to print and mail its proxy materials.
INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE
The following documents, filed by the Company with the Commission, are incorporated herein by reference:
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(i) The Company's Annual Report filed on Form 10-KSB with the Commission on March 30, 2004, for the fiscal year ended December 31, 2003;
(ii) The Company’s Quarterly Reports filed on Form 10-QSB on May 17, 2004, August 16, 2004 and November 19 2003.
(iii) All of the Company’s Reports filed on Form 8-K during 2003 and 2004.
All reports and definitive proxy or information statements filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Exchange Act subsequent to the date of this Proxy Statement and prior to the date of the Annual Meeting shall be deemed to be incorporated by reference into this Proxy Statement from the dates of filing of such documents. Any statement contained in a document incorporated or deemed to be incorporated in this Proxy Statement shall be deemed to be modified or superseded for purposes of this Proxy Statement to the extent that a statement contained herein or in any other subsequently filed document that also is or is deemed to be incorporated by reference modifies or supersedes such statement.
A copy of the documents incorporated herein by reference (excluding exhibits unless such exhibits are specifically incorporated by reference into the information incorporated herein) that are not presented with this document or delivered herewith, will be provided without charge to each person, including any beneficial owner, to whom a Proxy Statement is delivered, upon oral or written request of any such person and by first-class mail or other equally prompt means. Requests should be directed to the Corporate Secretary at the address set forth above.
WHERE YOU CAN FIND MORE INFORMATION
Las Vegas Gaming is subject to the informational requirements of the Securities Exchange Act of 1934, as amended. Las Vegas Gaming files reports, proxy statements and other information with the SEC. You may read and copy these reports, proxy statements and other information at the SEC’s Public Reference Section at 450 Fifth Street, N.W., Washington, D.C. 20549. You may obtain information on the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. The SEC also maintains an Internet website, located at www.sec.gov, that contains reports, proxy statements and other information regarding companies and individuals that file electronically with the SEC.
PLEASE SIGN, DATE AND RETURN THE ACCOMPANYING PROXY AT YOUR EARLIEST CONVENIENCE, WHETHER OR NOT YOU CURRENTLY PLAN TO ATTEND THE MEETING.
By Order of the Board of Directors
/s/ Russell Roth
Russell R. Roth
CEO and Chairman
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Las Vegas Gaming, Inc.
PROXY
Annual Meeting of Shareholders
November 16, 2004
PROXY
The undersigned appoints Russell Roth of Las Vegas Gaming, Inc. with full power of substitution, the attorney and proxy of the undersigned, to attend the annual meeting of shareholders of Las Vegas Gaming, Inc., to be held November 16, 2004 beginning at 1:00 p.m., Pacific Standard Time, at Spanish Trail Country Club, 5050 Spanish Trail Lane, Las Vegas, Nevada, and at any adjournment thereof, and to vote the stock the undersigned would be entitled to vote if personally present, on all matters set forth in the Proxy Statement sent to Shareholders, a copy of which has been received by the undersigned, as follows:
Please mark your votes as indicated [X] Total Number of Shares Held: ______________
This proxy when properly signed will be voted in the manner directed herein by the undersigned shareholder.IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.
1. For the election of the following three nominees as directors of the Company, to serve until the next annual meeting or until their successors are elected and qualified: Russell R. Roth, Kyleen Cane and Richard Irvine.
FOR Nominees NOT FOR Nominees
[_] [_]
2. To confirm the appointment of Piercy, Bowler, Taylor and Kern as the Company’s auditors.
FOR Appointment NOT FOR Appointment
[_] [_]
In his discretion, the proxy is authorized to vote upon such other business as may properly come before the meeting.
IMPORTANT - PLEASE SIGN AND RETURN PROMPTLY. When joint tenants hold shares, both should sign. When signing as attorney, executor, administrator, trustee, or guardian, please give full title as such. If a corporation, please sign in full corporate name by President or other authorized officer. If a partnership, please sign in partnership name by an authorized person. Please sign exactly as your name appears on your stock certificate(s).
Dated: ________________, 2004
___________________________ ___________________________
Print Name Signature
PLEASE SIGN AND RETURN THIS PROXY PROMPTLY.
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