UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

(Date of earliest event reported): ~~June 23~~November 3, 2010

ARCHON CORPORATION

(Exact name of Registrant as specified in its charter)

Nevada	1-9481	88-0304348
(State or other jurisdictionof incorporation)	(Commission File Number)	(IRS EmployerIdentification)
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification)

~~4336~~2200 ~~Losee~~Casino ~~Road,~~Drive ~~Suite 5~~

~~North Las Vegas~~Laughlin, Nevada ~~89030~~89029

(Address of principal executive office and zip code)

(~~702~~775) 732-9120

(Registrant’s telephone number, including area code)

Check the appropriate box bellow if the 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

¨	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

ITEM 8.01

OTHER EVENTS.

~~Archon Corporation has~~On ~~announced its intention, commencing~~ June 28 23, 2010, tothe ~~make~~Company ~~periodic~~through ~~and~~Form ~~ongoing~~8-K ~~open~~announced ~~market~~its ~~purchases~~intention ofto purchase up to 225,000 shares of its own common stock in accordance with Rule 10b-18 ~~(the “Rule”) of the Rules~~ and ~~Regulations Promulgated Under The~~ Securities ~~Exchange Act Of 1934 (the “Act”),~~ and, ~~more specifically, in accordance with Securities and~~ Exchange Commission Release No. 33-8335 ~~(the “Release”)~~. ~~The~~Purchases ~~Release~~made ~~is a ‘safe harbor’ and approved~~pursuant ~~method~~ to ~~make~~this ~~open~~program ~~market~~are ~~purchases~~reflected ~~of a company’s own common stock~~ in ~~compliance with~~ the ~~Rule~~relevant ~~without~~Series ~~those~~10 ~~purchases~~filings ~~being~~for ~~deemed manipulative under~~ the ~~Act~~Company.

~~The~~Since ~~Rule~~the ~~and~~announcement ~~Release~~on ~~impose~~June 23, 2010, ~~certain~~of ~~specific~~this ~~restrictions~~program, onno purchases of its common stock had been made by the Company, asuntil November 3, 2010, at which time the Company became legally obligated to ~~purchases~~purchase a grouping of ~~its~~225,000 ~~own~~shares of its common stock, causing the Company to reach the maximum shares. ~~These~~allotted ~~include~~to ~~specific~~be ~~restrictions~~purchased as pursuant to ~~timing~~the ofRule ~~open~~and ~~market~~Release ~~purchases,~~referenced ~~manner~~in ofthe ~~purchases~~first paragraph above. As a result, ~~pricing~~the ofCompany ~~purchases~~announces ~~and~~the ~~when~~close ~~purchases~~of ~~will~~the ~~(and~~common ~~will~~stock ~~not)~~purchase beprogram ~~allowed~~referenced above.

The Rule and Release also mandate certain additional and periodic disclosures that the Company must make concerning the open market purchases in its Series 10 filings (Report on Forms 10-K and 10-Q). A full copy of the Release is appended hereto as Exhibit 99.1.

The open market purchase(s) are intended to be voluntary and there are no assurances that the Company will actually purchase all or any of its common shares noted above.

The Company is in possession of sufficient and available liquid funds to undertake any open market purchase(s) of its own shares without the need for additional borrowing. The Company will be utilizing licensed securities broker-dealers to effect any open market purchases.

The Company has determined that in the current difficult economy and in light of low interest rates being paid on deposit of surplus funds that the open market purchase(s) of its own shares, up to 225,000 of its outstanding common stock, represents a desirable use of its available and surplus cash.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

The following Exhibits are furnished herewith:

Exhibit 99.1 SEC Release No. 33-8335

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

ARCHON CORPORATION By: /sS/ ~~Paul~~PAUL W. ~~Lowden~~LOWDEN Name: Paul W. Lowden Title: ~~President,~~ Chairman of the Board/ ~~and Chief Executive Officer~~President

Dated: ~~June 23~~ November 4, 2010

Filing Compare · ARCHON CORP