Fertitta Acquires Isle Casino In Biloxi

                   Fertitta Acquires Isle Casino In Biloxi

Mississippi Casino to be Transformed into Golden Nugget

PR Newswire

HOUSTON, Nov. 30, 2012

HOUSTON, Nov. 30, 2012 /PRNewswire/ --Tilman J. Fertitta, sole owner,
chairman and CEO of Landry's, Inc., parent company of the Golden Nugget Las
Vegas, Atlantic City and Laughlin, announced today that Fertitta Entertainment
completed the acquisition of theIsle Casino inBiloxi.

(Photo: http://photos.prnewswire.com/prnh/20121130/LA21602)

"We've been looking to extend the Golden Nugget's footprint to Biloxi for
years and we're excited to make major changes to the property and to the
South, a personal interest of mine," said Fertitta. "The Golden Nugget
transformation will rejuvenate Biloxi, much as we have helped rejuvenate
Downtown Las Vegas and most recently the Marina District in Atlantic City."

The Golden Nugget Biloxi will serve as a premier resort destination in the
South, offering guests 720 rooms and suites. Plans for the property will
enhance the appearance and reputation of the third largest casino hotel in the
Biloxi/ Gulfport marketplace. Extensive transformational renovations to the
Golden Nugget Biloxi will include a brand new, expanded casino floor, new
bars, restaurants, stylish retail offerings and updated rooms and suites.
There will be a high energy Rush Lounge to complement a remodeled spa and
poker room. For those who want to enjoy the outdoors, an innovative H2O Resort
Pool and Ultra Lounge will offer all season hot tubs and fire pits. Together
these enhancements and additions will deliver an exhilarating experience
unlike anything available in Biloxi.

Building on The Golden Nugget's tradition of dining excellence, three of
Landry's, Inc's established signature, award-winning concepts will be included
in the new building: Bubba Gump Shrimp Co.; Lillie's Asian Cuisine,
traditional and modern Chinese food in a chic, contemporary ambiance; and
Morton's The Steakhouse, a world-class steakhouse.

The property will begin its unrivaled $100 million transformation in January,
2013. All improvements are expected to be completed by March, 2014.

The Golden Nugget has strong brand recognition worldwide, following
multi-million dollar investments and transformations making each property one
of the top hotel-casinos in Las Vegas, Atlantic City and Laughlin. Landry's
plans to bring the same type of energy and notoriety to the Biloxi property in

Mr. Fertitta, through various wholly-owned affiliates, operates three (3)
Golden Nugget Hotels and Casinos which are located in Las Vegas and Laughlin,
Nevada and Atlantic City, New Jersey.

Las Vegas - Winner of the AAA Four Diamond Award consecutively since 1977, the
Golden Nugget Las Vegas is the most luxurious resort on the Fremont Street
Experience, and consistently receives critical acclaim for exceeding customer
expectations. The Golden Nugget Las Vegas now offers more than 2,400 deluxe
guestrooms and suites; a high-energy casino featuring the most popular slot
and video poker machines, table games, race and sports book, and poker room;
nightly entertainment with master impressionist and comedian Gordie Brown;
world-class restaurants such as Grotto Italian Ristorante and Vic & Anthony's
Steakhouse; a luxury spa and salon; and The Tank (rated one of the world's top
ten pools), a year-round outdoor swimming pool complete with a 200,000-gallon,
live shark aquarium and the new H20 poolside lounge.

Atlantic City -
The Golden Nugget Atlantic City, winner of the AAA Four Diamond award, is a
premier resort destination located on the Frank S. Farley Marina and offers
guests 727 beautifully remodeled rooms and suites. The entire property
completed a $150 million renovation, taking on a fresh, modern look to include
a high-energy casino featuring the most popular slot and video poker machines,
table games, and poker room; nightly entertainment, new bars and lounges,
stylish retail offerings, as well as Landry's signature world-class
restaurants such as Chart House and Vic & Anthony's Steakhouse; a luxury spa
and salon; and H20 poolside lounge. New owners, Landry's, Inc, have introduced
first-class accommodations, exquisite dining options and fun-filled
entertainment venues unlike anything else available in Atlantic City. The
Golden Nugget has already established strong brand recognition worldwide with
locations in both Las Vegas and Laughlin, NV.

Laughlin - An oasis in the desert, the Golden Nugget Laughlin is a
hotel-casino located on the banks of the Colorado River, near the Arizona and
California borders, in Laughlin, Nevada. The whimsical, tropical-themed resort
features top-notch restaurants, comfortable guest rooms and some of the
hottest gaming action in Laughlin – all accented with personalized service and
hospitality that have earned the hotel and casino many accolades. Guests can
bask in a tropical paradise where the intimacy and serenity of the Colorado
River region meets the high-energy gaming action of Nevada. The casino
features slot and video poker machines, including progressive-play machines;
table games, and a complete race and sports book, which is linked to the
Golden Nugget Las Vegas for the most up-to-the-minute betting lines. In
addition to gaming guests can wet their palate at several signature dining
concepts featuring Harlow's, Joe's Crab Shack and Saltgrass Steak House before
partaking in the energy of the nightclub/lounge.

Landry's is a national, diversified restaurant, hospitality and entertainment
company principally engaged in the ownership and operation of high end and
casual dining restaurants, primarily under the names of Landry's Seafood
House, Rainforest Cafe, McCormick & Schmick's Seafood Restaurant, The Chart
House, Bubba Gump Shrimp Co., Claim Jumper, Saltgrass Steak House and
Oceanaire, as well as a fine dining signature group of restaurants: Morton's
Steakhouse, Vic & Anthony's, Grotto, Willie G's and others. The Company is
also engaged in the ownership and operation of gaming, hospitality and
entertainment businesses, including the Golden Nugget Hotel & Casinos in Las
Vegas and Laughlin, Nevada, and Atlantic City, the Kemah Boardwalk, the San
Luis Resort Complex, and the Downtown Aquariums in Denver and Houston.
Landry's and Mr. Fertitta's affiliated companies will generate approximately
$2.5 billion in revenues in 2012.

SOURCE Golden Nugget

Contact: Amy Chasey/Tiffany Hauck, Golden Nugget Public Relations,
achasey@goldennugget.com / thauck@goldennugget.com; Ashley Pearce / Hailey
Kleiderer, Dancie Perugini Ware Public Relations, Ashley@dpwpr.com /
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