|AMENDMENT
NO. 3 TO AMENDED AND RESTATEDLOAN AGREEMENT


THIS
AMENDMENT NO. 3 TO AMENDED AND RESTATED LOAN AGREEMENT (this Amendment), dated
as of December 10, 2002, is entered into by and between Coast Hotels and Casinos,
Inc., a Nevada corporation (Borrower) and Bank of America, N.A. as
Administrative Agent (Agent) for itself and for the other Lenders.


RECITALS


     A.    
          Borrower, Agent and the Lenders are parties to that certain Amended and Restated
          Loan Agreement, dated as of September 16, 1999 (as amended, the Loan
          Agreement).


     B.    
          Borrower has financed the acquisition of an Aircraft with the proceeds of Loans
          made under the Loan Agreement and wishes to incur Indebtedness outside of the
          Loan Agreement (the Aircraft Loan), the proceeds of which are to be
          used solely to refinance such Loans. Borrower has requested that the Agent and
          the Lenders permit the Aircraft Loan as Refinanced Purchase Money Indebtedness
          (as hereinafter defined) under Section 6.10(c) of the Loan Agreement.


     C.    
          Borrower has also requested that Agent and the Lenders amend the Loan Agreement
          as set forth herein and Agent and the Lenders are willing to do so on the terms
          and conditions hereinafter set forth.


NOW,
THEREFORE, 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.    
          Aircraft Loan. The Lenders hereby agree that the Aircraft
          Loan shall be Refinanced Purchase Money Indebtedness for purposes of
          the Loan Agreement, including, without limitation, Section 6.10(c) thereof.


     3.    
          Section 1.1 (Defined Terms). Section 1.1 of the Loan
          Agreement is hereby amended by adding the following definition in the
          appropriate alphabetical order:


Refinanced
Purchase Money Indebtedness means Indebtedness incurred solely for the purpose
of refinancing purchase money Indebtedness provided that such refinancing
Indebtedness is incurred within 180 days of the date of the acquisition, construction or
improvement of the personal Property financed by such purchase money Indebtedness;".


     4.    
          Section 6.10 (Indebtedness and Contingent Obligations).
          Section 6.10(c) of the Loan Agreement is amended and restated in its entirety as
          follows:


     (c)       
          purchase money Indebtedness, Refinanced Purchase Money Indebtedness and Capital
          Lease Obligations incurred when no Default or Event of Default has occurred and
          remains continuing provided that the aggregate amount of such purchase money
          Indebtedness, Refinanced Purchase Money Indebtedness and Capital Lease
          Obligations outstanding at any time does not exceed $25,000,000 and Swap
          Agreements relating to such Indebtedness;".
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|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  
| |                                                                   |                   
| | Title:                                                            |                   
| |                                                                   |                   
| | 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. 3 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
this 8th day of January, 2003.
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| |                                                     |                                           
| | --------------------------------------------------- | ------------------------------------------
| | "Guarantor"COAST RESORTS, INC.,a Nevada corporation
| | By:                                                 | /s/ Gage Parrish                          
| | Name:                                               | Gage Parrish                              
| | Title:                                              | Vice President and Chief Financial Officer

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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/  Marilyn Yang
| | Name:                 | Marilyn Yang     
| | Title:                | Vice President   
| | Dated:                | December 31, 2002

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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:           | Jan. 6, 2003        

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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 GROUP/EQUIPMENT FINANCING, INC. |                       
| | --------------------------------------- | ----------------------
| | [Name of Lender]                        |                       
| | By:                                     | /s/  Katie J. Saunders
| | Name:                                   | Katie J. Saunders     
| | Title:                                  | Senior Credit Analyst 
| | Dated:                                  | January 10, 2003      

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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/  Eion Collins
| | Name:                      | Eion Collins     
| | Title:                     | NP               
| | Dated:                     | January 10, 2003 

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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.
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | First Hawaiian Bank |                     
| | ------------------- | --------------------
| | [Name of Lender]    |                     
| | By:                 | /s/  Seydou Diallo  
| | Name:               | Seydou Diallo       
| | Title:              | Media Fiance Officer
| | Dated:              | January 8, 2003     

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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:                 | December 31, 2002

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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:           | January 9, 2003         

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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:           | VP              
| | Dated:           | January 14, 2003

|EXHIBIT B


CONSENT OF LENDER


This
Consent is delivered with reference to the proposed Amendment No. 3 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:           | January 10, 2003