AMENDMENT NO. 4 TO AMENDED AND RESTATED
LOAN AGREEMENT

        THIS AMENDMENT NO. 4 TO AMENDED AND RESTATED LOAN AGREEMENT (this
“Amendment”), dated as of February 26, 2003, is entered into by and between
Coast Hotels and Casinos, Inc., a Nevada corporation (“Borrower”) and Bank of
America, N.A. as Administrative Agent (the “Agent”) for itself and for the other
Lenders, with reference to the Amended and Restated Loan Agreement, dated as of
September 16, 1999 (as amended, the “Loan Agreement”) among Borrower, the Agent
and the Lenders. The parties hereby agree as follows:

1.     Defined Terms. Any and all initially capitalized terms set forth without
definition in this Amendment (including, without limitation, in the recitals
hereto) shall have the respective meanings ascribed thereto in the Loan
Agreement.

2.     Section 6.9 (Negative Pledge). Section 6.9(f) of the Loan Agreement is
amended to read in full as follows:

    “(f)        purchase money Liens securing Indebtedness and any other Liens
securing Refinanced Purchase Money Indebtedness, in each case including any
interest or title of a lessor under any Capital Lease Obligation and the
obligations under any Swap Agreement so provided, permitted by Section 6.10(c)
on and limited to the Property acquired, constructed, financed or refinanced
with the proceeds of such Indebtedness or Refinanced Purchase Money Indebtedness
and Negative Pledges in favor of the holders of such Indebtedness or Refinanced
Purchase Money Indebtedness with respect to such Property;"

3.     Section 6.10 (Indebtedness). Section 6.10 of the Loan Agreement is
amended to add thereto a new clause (i) to read in full as follows:

    “(i)        unsecured Indebtedness of Borrower in an aggregate principal
amount not to exceed $20,000,000 which is incurred pursuant to credit documents
entered into prior April 1, 2003 and has a tenor which is not in excess of three
months, and Contingent Obligations of the Guarantor with respect to such
Indebtedness.”

4.     Section 6.15(b) (Capital Expenditures). Section 6.15(b) of the Loan
Agreement is hereby amended to read in full as follows:

    “(b)        other Capital Expenditures in an aggregate amount that do not,
when aggregated with the outstanding amount of any Acquisitions and Investments
made under Section 6.16(i), exceed $210,000,000 during the period between
January 1, 2002 and ending on the Maturity Date, provided that not more than
$120,000,000 of such Capital Expenditures shall be made at The Orleans;"

5. Conditions Precedent. The effectiveness of this Amendment is subject to the
prior satisfaction of each of the following conditions:

(a) Agent shall have received this Amendment, duly executed by Borrower;

(b) Agent shall have received an acknowledgment, in the form attached hereto as
Exhibit A, from the Guarantor; and

(c) Agent shall have received a written consent from each of the Required
Lenders, substantially in the form of Exhibit B.

--------------------------------------------------------------------------------

6. Reaffirmation of Loan Agreement; No Default; No Defenses; etc. Borrower
hereby reaffirms the Loan Agreement and its obligations to Agent and Lenders
thereunder. Borrower represents and warrants that there are no outstanding
Events of Default under the Loan Agreement. Borrower acknowledges that Agent and
Lenders have fully complied with their respective obligations under the Loan
Agreement and that Borrower has no defenses to the validity, enforceability or
binding effect of the Loan Agreement.

7. Counterparts. This Amendment may be executed in any number of counterparts
and by different parties on separate counterparts, each of which when so
executed and delivered shall be deemed an original and all of which when taken
together, shall constitute but one and the same instrument.

8. Otherwise Not Affected. In the event of any conflict or inconsistency between
the Loan Agreement and the provisions of this Amendment, the provisions of this
Amendment shall govern. Except to the extent set forth herein, the Loan
Agreement shall remain unaltered and in full force and effect.

[Signature Pages Follow]

--------------------------------------------------------------------------------

        IN WITNESS WHEREOF, the parties hereto have executed this Amendment by
their respective duly authorized officers as of the date first above written.

BORROWER:

COAST HOTELS AND CASINOS, INC.

By: /s/ Gage Parrish

--------------------------------------------------------------------------------

Gage Parrish Title: VP / CFO

--------------------------------------------------------------------------------

ADMINISTRATIVE AGENT:

BANK OF AMERICA, N.A.
as Administrative Agent

By: /s/ Janice Hammond

--------------------------------------------------------------------------------

Janice Hammond Title: Vice President

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

EXHIBIT A

ACKNOWLEDGMENT OF GUARANTOR

        In order to induce Agent to execute the Amendment No. 4 to Amended and
Restated Loan Agreement (the “Amendment”) of even date herewith, amending the
Amended and Restated Loan Agreement, dated as of September 16, 1999, among Coast
Hotels and Casinos, Inc., Bank of America, N.A., as Administrative Agent (the
“Agent”) and each of the Lenders from time to time party thereto, as set forth
therein (as amended, the “Loan Agreement”), and to induce the Lenders to consent
to the Amendment, the undersigned hereby represents, warrants and agrees that
the undersigned has reviewed and approved the Amendment and that nothing
contained therein shall diminish, alter, amend or otherwise affect the
undersigned’s obligations to Agent, for the benefit of Lenders, under the
Guaranty dated March 18, 1999 (the “Guaranty”) made by the undersigned in favor
of Agent for the benefit of the Lenders. The undersigned further confirms that
the Guaranty shall continue in full force and effect and agrees that it shall
continue to be liable under such Guaranty in accordance with the terms thereof.
The undersigned further confirms that it has no defense, counterclaim or offset
right whatsoever with respect to its obligations under the Guaranty. Any and all
initially capitalized terms set forth in this Acknowledgment of Guarantor shall
have the respective meanings ascribed thereto in the Loan Agreement, as amended
by the Amendment.

        Dated: 2/26/03 , 2003.

"Guarantor"

COAST CASINOS, INC.,
a Nevada corporation

By: /s/ Gage Parrish

--------------------------------------------------------------------------------

Name: Gage Parrish

--------------------------------------------------------------------------------

Title: VP / CFO

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

Bank of America, N.A.

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Matthew Koenig

--------------------------------------------------------------------------------

Name: Matthew Koenig Title:

Managing Director Dated: 2/24 , 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

BANK OF SCOTLAND

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Joseph Fratus

--------------------------------------------------------------------------------

Name: Joseph Fratus Title:

First Vice President Dated: 2/26/03 , 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

THE CIT CROUP/EQUIPMENT FINANCING, INC>

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Katie J. Saunders

--------------------------------------------------------------------------------

Name: Katie J. Saunders Title:

Senior Credit Analyst Dated: February 25 , 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

Comerica West Incorporated

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Eoin Collins

--------------------------------------------------------------------------------

Name: Eion P. Collins Title:

Vice President Dated: February 25, 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

Hibernia National Bank

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Chris Haskew

--------------------------------------------------------------------------------

Name: Chris Haskew Title:

Vice President Dated: February 26, 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

U.S. Bank

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Ryan Stipe

--------------------------------------------------------------------------------

Name: Ryan Stipe Title:

Assistant Vice President Dated: February 26, 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

Wells Fargo Bank

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Rick Bokum

--------------------------------------------------------------------------------

Name: Rick Bokum Title:

V.P. Dated: 2/25/03 , 2003

--------------------------------------------------------------------------------

EXHIBIT B

CONSENT OF LENDER

        This Consent is delivered with reference to the proposed Amendment No. 4
to Amended and Restated Loan Agreement (the “Amendment”) of even date herewith,
amending the Amended and Restated Loan Agreement, dated as of September 16,
1999, among Coast Hotels and Casinos, Inc., Bank of America, N.A., as
Administrative Agent (the “Agent”) and each of the Lenders from time to time
party thereto, as set forth therein (as amended, the “Loan Agreement”). The
undersigned hereby consents to the execution, delivery and performance of the
Amendment substantially in the form presented to the undersigned as a draft.

West Coast Bank

--------------------------------------------------------------------------------

[Name of Lender]

By: /s/ Tim Johnson

--------------------------------------------------------------------------------

Name: Tim Johnson Title:

Vice President Dated: February 27, 2003