<PAGE>
                                                                 EXHIBIT 10.10.2


                              A S S I G N M E N T
                              -------------------

               WHEREAS, H. John Gluskin is the lessee under the terms of that
          certain Lease Agreement by and between Las Vegas Lodge No. 32, Free
          and Accepted Masons, as lessor, dated the 24th day of July, 1954,
          under the terms of which the lessor has leased unto the lessee the
          real property situated in the City of Las Vegas, Clark County, Nevada,
          described as follows:

               Lots 1, 2, 3 and 4 of Block 30, Clark's Las Vegas Townsite, as
               recorded in Book 1 of Plats, Page 37, in the Office of the County
               Recorder for Clark County, Nevada and

               WHEREAS, H. John Gluskin did, on the 26th day of July, 1954, make
          and execute a power of attorney making, constituting and appointing Hy
          Goldfeld as his true and lawful attorney for him and in his name place
          and stead and for his use and benefit to do all things which said H.
          John Gluskin might do in connection with the property heretofore
          described.

               NOW, THEREFORE, for value received, the receipt of which is
          hereby acknowledged, I, Hy Goldfeld, acting for and on behalf of H.
          John Gluskin, by and through a power of attorney from H. John Gluskin
          to Hy Goldfeld dated the 26th day of July, 1954, do hereby assign to
          David Goldwater all the right, title and interest of H. John Gluskin
          in and to that certain Lease Agreement dated the 24th day of July,
          1954 wherein H. John Gluskin is the lessee and the Las Vegas Lodge No.
          32, Free and Accepted Masons, of Las Vegas, Nevada, is the lessor,
          which Lease Agreement provides for the leasing of said property from
          the lessor to the lessee, described as:

               Lots 1, 2, 3 and 4 of Block 30, Clark's Las Vegas Townsite, as
               recorded in Book 1 of Plats, Page 37, in the Office of the County
               Recorder for Clark County, Nevada,

          subject to all the terms and conditions of said Lease, and I do, for
          and on behalf of H. John Gluskin, in accordance with the power of
          attorney heretofore referred to, hereby remise, release and quitclaim
          unto David Goldwater all my right, title and interest in

                              EXHIBIT "C" PAGE 25
                                      -1-

<PAGE>
          and to the real property described herein.

               IN WITNESS WHEREOF, I have hereunto set my hand this 27th day of
          July, 1954.


                                         /s/ Hy Goldfeld
                                            -----------------------
                                             HY GOLDFELD


STATE OF NEVADA  )
                 ) SS:
COUNTY OF CLARK  )

               On this 27th day of July, 1954, before me, the undersigned, a
          Notary Public in and for said County and State, personally appeared HY
          GOLDFELD, known to me to be the person described in and who executed
          the foregoing instrument, and duly acknowledged to me that he executed
          the same freely and voluntarily and for the uses and purposes therein
          mentioned.

                                         /s/    Mary Engle
                                            -----------------------------------
                                            NOTARY PUBLIC, CLARK COUNTY, NEVADA
                                                 My Commission Expires 5-3-58

               (NOTARIAL SEAL)

               David Goldwater hereby accepts the foregoing Assignment, and
          expressly accepts and assumes all terms and covenants in the Lease
          Agreement contained to be kept and performed by the lessee, and agrees
          to comply with and be bound by all of said terms and covenants.

                                         /s/ David Goldwater
                                            --------------------------
                                             DAVID GOLDWATER


STATE OF NEVADA  )
                 )
COUNTY OF CLARK  )

               On this 27th day of July, 1954, before me, the undersigned, a
          Notary Public in and for said County and State, personally appeared
          DAVID GOLDWATER, known to me to be the person described in and who
          executed the foregoing instrument, and duly

                              EXHIBIT "C" PAGE 26

                                      -2-
<PAGE>

          acknowledged to me that he executed the same freely and voluntarily
          and for the uses and purposes therein mentioned.

                                             s/s Mary Engle
                                             --------------------------
                                             NOTARY PUBLIC, CLARK COUNTY, NEVADA

                                               My Commission Expires 5-3-58

               (NOTARIAL SEAL)






          Lease recorded Document No. 16355, Amendment to Lease recorded
          Document No. 16357, Power of Attorney recorded Document No. 16357.



                                             CERTIFIED TO BE A TRUE AND
                                             CORRECT COPY OF THE ORIGINAL
                                             NEVADA SOUTHERN TITLE, INC.

                                             BY /s/ XXX
                                               ----------------------------

          No. 16359
          RECORDED AT THE REQUEST OF
          DAVID GOLDWATER
          Jul. 27 4:29pm '54
          OFFICIAL RECORDS BOOK NO. 17
          CLARK COUNTY, NEVADA

          Paul C O'Malley, Recorder

          Mail to 300 Fremont St, City


                              EXHIBIT "C" PAGE 27

                                      -3-

<PAGE>
                              A S S I G N M E N T
                              -------------------

     WHEREAS, H. John Gluskin is the Lessee under the terms of that certain
Lease Agreement by and between Las Vegas Lodge No. 32, Free and Accepted Masons,
as Lessor, dated the 24th day of July, 1954, under the terms of which the Lessor
has leased unto the Lessee the real property situated in the City of Las Vegas,
Clark County, Nevada, described as follows:

     Lots 1, 2, 3, and 4 of Block 30, Clark's Las Vegas Townsite, as recorded in
     Book 1 of Plats, Page 37, in the Office of the County Recorder for Clark
     County, Nevada, and

     WHEREAS, H. John Gluskin did, on the 28th day of July, 1954, make and
execute a power of attorney making, constituting and appointing Hy Goldfeld as
his true and lawful attorney for him and in his name, place and stead and for
this use and benefit to do all things which said H. John Gluskin might do in
connection with the property heretofrom described.

     NOW, THEREFORE, for value received, the receipt of which is hereby
acknowledged, I, Hy Goldfeld, acting for and on behalf of H. John Gluskin, by
and through a power of attorney from H. John Gluskin to Hy Goldfeld dated the
26th day of July, 1954, do hereby assign to David Goldwater all the right, title
and interest of H. John Gluskin in and to that certain Lease Agreement dated the
24th day of July 1954, wherein H. John Gluskin is the Lessee and the Las Vegas
Lodge No. 32, Free and Accepted Masons, of Las Vegas, Nevada, is the Lessor,
which Lease Agreement provides for the leasing of said property from the Lessor
to the Lessee, described as:

     Lots 1, 2, 3, and 4 of Block 30, Clark's Las Vegas Townsite, as recorded in
     Book 1 of Plats, Page 37, in the Office of the County Recorder for Clark
     County, Nevada,

subject to all the terms and conditions of said Lease, and I do, for and on
behalf of H. John Gluskin, in accordance with the power of attorney heretofore
referred to, hereby remise, release and quitclaim unto David Goldwater all my
rights, title and interest in


                              EXHIBIT "C" PAGE 28

                                      -1-

<PAGE>
          and to the real property described herein.

               IN WITNESS WHEREOF, I have hereunto set my hand this 27th day of
          July, 1954.

                                          s/s H. John Gluskin
                                             ---------------------
                                              H. JOHN GLUSKIN

                                          s/s By Hy Goldfeld
                                             ---------------------
                                                 HY GOLDFELD
                                             his Attorney-in-Fact

          STATE OF NEVADA  )
                           ) SS:
          COUNTY OF CLARK  )

               On this 27th day of July, 1954, before me, the undersigned, a
          Notary Public in and for said County and State, personally appeared HY
          GOLDFELD, known to me to be the person described in and who executed
          the foregoing instrument, and duly acknowledged to me that he executed
          the same freely and voluntarily and for the uses and purposes therein
          mentioned.

                                          s/s       Mary Engle
                                             -----------------------------------
                                             NOTARY PUBLIC, CLARK COUNTY, NEVADA
                                                My Commission Expires 5-3-58

                    (NOTARIAL SEAL)

               David Goldwater hereby accepts the foregoing Assignment, and
          expressly accepts and assumes all terms and covenants in the Lease
          Agreement contained to be kept and performed by the lessee, and agrees
          to comply with and be bound by all of said terms and covenants.

                                          s/s   David Goldwater
                                             ---------------------------
                                                DAVID GOLDWATER

          STATE OF NEVADA  )
                           ) SS:
          COUNTY OF CLARK  )

               On this 27th day of July, 1954, before me, the undersigned, a
          Notary Public in and for said County and State, personally appeared
          DAVID GOLDWATER, known to me to be the person described in and who
          executed the foregoing instrument, and duly


                              EXHIBIT "C" PAGE 29

                                      -2-
<PAGE>

          acknowledge to me that he executed the same freely and voluntarily and
          for the uses and purposes therein mentioned.

                                          /s/  MARY ENGLE
                                             -----------------------------------
                                             NOTARY PUBLIC, CLARK COUNTY, NEVADA
                                             My Commission Expires 5-3-58
          (NOTARIAL SEAL)




          lease recorded Document No. 16355, Amendment to Lease recorded
          Document No. 16356, Power of Attorney recorded Document No. 16357.

          No. 16523
          RECORDED AT THE REQUEST OF
          DAVID GOLDWATER
          JUL 29 4:23 PM '54
          OFFICIAL RECORDS BOOK NO. 17
          CLARK COUNTY, NEVADA
          PAUL C. O'MALLEY, RECORDER


                                        RIDER FOLLOWS




          mail to:
          300 Fremont St., City


                              EXHIBIT "C" PAGE 30

                                      -3-
<PAGE>

          STATE OF NEVADA  )
                           ) SS:
          COUNTY OF CLARK  )


               On this 27th day of July, 1954, personally appeared before me, a
          notary public in and for said County and State, HY GOLDFELD, known to
          me to be the person whose name is subscribed to the within instrument
          as the attorney in fact of H. JOHN GLUSKIN and acknowledged to me that
          he subscribed the name of said H. JOHN GLUSKIN thereto as principal,
          and his own name as attorney in fact, freely and voluntarily and for
          the uses and purposes therein mentioned.


                                          s/s  Mary Engle
                                          -----------------------------------
                                          NOTARY PUBLIC, CLARK COUNTY, NEVADA

                                             My Commission Expires 5-3-58


               (NOTARIAL SEAL)




                                             CERTIFIED TO BE A TRUE AND
                                             CORRECT COPY OF THE ORIGINAL
                                             NEVADA SOUTHERN TITLE, INC.

                                             BY /s/ XXX
                                               ----------------------------


                              EXHIBIT "C" PAGE 31

                                      -4-