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Herbst Changes Price for Lakeside Casino26 January 2005LAS VEGAS -- (PRESS RELEASE) -- Herbst Gaming, Inc., in connection with its previously announced purchase of three casinos in Iowa and Missouri, announced that it has entered into an amendment to its purchase agreement with Southern Iowa Gaming Co. to change the purchase price for the Lakeside Casino & Resort in Osceola, Iowa ("Lakeside") to $160,819,318. The amendment to the purchase price is the result of lower than expected recent operating results at Lakeside. All other material terms of the purchase agreements for the casinos remain unchanged. |