**Exhibit10.36**

**CHANGE OFCONTROL AGREEMENT**

155 E Tropicana LLC,Dba Hooters Casino Hotel (THE COMPANY) and Gary Gregg (GG) hereby amend the previousagreement dated October 23rd, 2006 regarding the employment relationshipbetween THE COMPANY and GG.

GG is currently employedby THE COMPANY as Chief Operating Officer of the Hooters Casino Hotel at the currentannual salary of $250,000, which may be adjusted by THE COMPANY in its solediscretion. As such, GG is an at-will employee of THE COMPANY and may be terminatedat any time for any reason by THE COMPANY, subject only to the terms in the October23rd, 2006 agreement. However in the event of a change of control of THECOMPANY, as defined below, the following provisions apply:

Change of Control

For purposes ofthis agreement, a change of control occurs upon the successful sale of themajority of the current membership interests in 155 to Nth Advisory Group, andthe current Management Board no longer has majority control of 155, ascontemplated by the Revised Letter of Intent executed on March 14th 2007 by 155, HG Casino Management Inc., EWCommon LLC and Nth Advisory Group LLC, and any subsequent Purchase and SaleAgreement that may be executed between those parties. This agreement is voidunless a change of control occurs by April 30th, 2008.

As of the date ofa change of control, this agreement supersedes the previous agreement dated October23rd, 2006, which will be rendered null and void. If GG is employed by THECOMPANY at the time of a change in control, GG will be entitled to a change ofcontrol bonus equal to his then current annual salary, plus any earned bonus. Earnedbonus is defined as the prorated amount of any annual bonus as outlined in theOctober 23rd,2006 agreement which GG would receive at the end of the calendar year, ifearnings, when compared to budget, are on track to meet those targets as of thedate of change of control.

In addition, inthe event GG is terminated without cause by THE COMPANY or its successors andassigns within 12 months after such change of control, he will be entitled toan additional amount equal to 12 months salary less any amounts (exclusive ofthe change of control bonus) paid to him by THE COMPANY from the change incontrol up to the time of termination. In no event will the total amount paidto GG exceed 24 months salary (plus earned bonus) at the rate in effect as ofthe date of change of control.

If GG resigns atany time, is terminated for any reason prior to a change of control, or isterminated for cause after a change of control, he is not entitled to anycompensation under this agreement.

For CauseTermination

THE COMPANY mayterminate this agreement and all of its obligations hereunder upon occurrenceof any of the following events:  (a) GG’smaterial breach of this Agreement; 

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**CHANGE OFCONTROL AGREEMENT**

(b) GG’s failureor inability to perform his duties within the expectations of THE COMPANY; (c) GG’sconviction of a felony or any other crime involving moral turpitude ordishonesty which, in the good faith opinion of THE COMPANY, would impair GG’sability to perform his duties or the business reputation of THE COMPANY; (d) GG’sfailure or refusal to comply with the policies of THE COMPANY, standards orregulations; (e) GG’s unauthorized disclosure of trade secrets and/or otherconfidential business information of THE COMPANY; (f) GG’s breach of his dutyof loyalty; (g) GG’s act of fraud, misrepresentation, theft or embezzlement orthe misappropriation of assets of THE COMPANY; or (h) GG’s failure to secure and/ormaintain his required licenses by government agencies with jurisdiction overthe business of THE COMPANY.
| Gary Gregg | 155 East Tropicana LLC |
|------------|------------------------|
|       |                   |
| By:        | /s/ Gary A.  Gregg     |   | By: | /s/ Michael J. Hessling |   |
|       |                   |
| Dated:     | March 22, 2007         |   | It’s: | President |   |
|       |                   |
|       | Dated:                 | March 23, 2007 |   |
|            |                        |  |  |  |  |  |  |  |  |  |  |

 

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