155 East Tropicana Appoints Gary Gregg COO

. October 14, 2008

LAS VEGAS, NV, November 3, 2006. 155 East Tropicana, LLC (the "Company") today announced today that Gary A. Gregg has been appointed Chief Operating Officer, effective October 30, 2006. Michael Hessling, who has been serving as President and Chief Operating Officer, will remain President of the company.

Mr. Gregg has nearly two decades of senior-level experience in casino management and a demonstrated track record of optimizing performance of various properties. He served as the General Manager of the Hollywood Casino Shreveport located in northern Louisiana, where he was responsible for all casino, hotel and dining and entertainment operations, including 30,000 square feet of gaming space and a 400-room hotel. Before that he served as the General Manager of the Regency Casino by Hyatt in Thessaloniki, Greece, the largest casino in Europe. Mr. Gregg also served in several executive positions at the Hilton Hotels Corporation, including President of the Las Vegas Hilton and President of the Flamingo Hilton Laughlin.

Mr. Neil Kiefer, Chief Executive Officer, commented, "We are truly pleased to welcome someone with Gary's knowledge and experience to our team. His operational expertise and familiarity with all aspects of property management should serve us well as we look to enhance the performance of the Hooters Casino Hotel and realize the full potential of our brand. We look forward to his contributions and are delighted to have him on board."

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