Executive increases holdings in company

Thu, Jan 13, 2005 (10:51 a.m.)

The top executive of Shuffle Master Inc. has increased his holdings in the company, according to a Securities and Exchange Commission filing.

Mark Yoseloff, the Las Vegas company's chairman and chief executive officer, said in the filing that he is selling 200,000 stock options and exercising 100,000 share options with the intent of holding the resulting acquired shares.

The transaction will give him 435,000 shares in the company, making him the largest individual shareholder.

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