Riviera Announces CFO's Retirement - Monday 24th of April 2006

LAS VEGAS – Riviera Holdings Corporation (Amex: RIV) announced today that Mr. Duane Krohn, the Company's Chief Financial Officer and Treasurer, and the Executive Vice President of Finance and Treasurer of the Company's subsidiary, Riviera Operating Corporation, has notified the Company of his retirement effective May 2, 2006.

The Company also announced that Mr. William L. Westerman, Chief Executive Officer, has been appointed to Mr. Krohn's positions on an interim basis, effective May 2, 2006. Mr. Westerman will also continue in his current positions with the Company and its subsidiaries.

Mr. Westerman said, "We appreciate Duane's 16 years of dedication and service to the Company and wish him well on his retirement."

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