BOOMTOWN SIGNS DEFINITIVE AGREEMENTS FOR NEW CASINO PROJECTS IN NEW ORLEANS AND BILOXI, MISS.
RENO, Nev., April 13 /PRNewswire/ -- Boomtown Inc. (NASDAQ: BMTN) today announced the signing of definitive agreements for the long- term lease of land related to the development of two new casinos, one on the back bay of Biloxi, Miss., and the other for a riverboat casino on the Harvey Canal, near New Orleans. On March 29, Boomtown signed separate letters of intent covering these land leases for the two properties with Eric F. Skrmetta Esq., representing the Ray Skrmetta family of New Orleans. These projects are subject to several conditions, including securing the necessary approvals from the various state gaming authorities. Boomtown Inc., a public company since October 1992, owns and operates a western-themed casino approximately seven miles west of Reno. The facilities include a 29,000-square-foot casino, a 122-room hotel, a 16-acre truck stop, a 203-space full-service recreational vehicle park and other related amenities. -0- 4/13/93 /CONTACT: Timothy Parrott, chairman and CEO of Boomtown Inc., 702-345-8680/ (BMTN)
CO: Boomtown Inc. ST: California IN: CNO SU:
BP-LS -- LA004 -- 5061 04/13/93 08:34 EDT
|Printer friendly Cite/link Email Feedback|
|Date:||Apr 13, 1993|
|Previous Article:||JB'S RESTAURANTS INC. ANNOUNCES of $108,000, or $0.02 per share, for the fiscal second quarter ended March 15, 1993, compared with net income of...|
|Next Article:||CALIFORNIA'S LARGEST HOME BUILDER EXPANDS TO PHOENIX|