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Boomtown's Plan Upheld

9 May 2005

Las Vegas Sun

MISSISSIPPI -- Boomtown Casino can legally move from leased property on Biloxi's Back Bay to land it owns nearby, a federal appeals court has ruled.

However, the 5th U.S. Circuit Court of Appeals ordered a Mississippi judge to clarify what the casino must pay in rent to continue using a parking lot owned by the man who also owns the casino's current site.

In 2002 Boomtown announced it would move its gaming barge about 300 feet west of its current location, owned by Raphael Skrmetta, saving about $4 million a year in its revenue-based lease payments.

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