Exhibit 10.17

                                    AMENDMENT
                                       TO
                                BAREBOAT CHARTER


     THIS  AMENDMENT  TO  BAREBOAT  CHARTER  (this  "Amendment")  is dated as of
October 15, 2003,  effective  August 1, 2003, by and between ITG Vegas,  Inc., a
Nevada  corporation  ("ITG")  which is the  successor  by merger  to Palm  Beach
Princess, Inc. ("PBP"), and MJQ Corporation, a Delaware corporation ("MJQ"),


WITNESSETH THAT:

     Background. MJQ and PBP entered into a Bareboat Charter for an initial term
extending through July 31, 2002,  continuing thereafter for successive one-month
periods  through July 31, 2003 (the "Bareboat  Charter"),  pursuant to which the
vessel Palm Beach Princess has been chartered by MJQ to PBP and, following PBP's
merger with and into ITG, to ITG. MJQ and ITG have filed voluntary petitions for
relief  under  Chapter  11 of  the  United  States  Code  in the  United  States
Bankruptcy Court for the Southern District of Florida (the "Bankruptcy  Court").
MJQ and ITG have  filed a joint  plan of  reorganization  (the  "Plan") in their
Chapter 11 cases.  In connection  therewith and as  contemplated by that certain
Term Sheet for Plan of Reorganization  (the "Term Sheet") among ITG, MJQ, Donald
F. Conway,  as Chapter 11 Trustee (the  "Trustee") for the Bankruptcy  Estate of
Robert E. Brennan,  and others, which Term Sheet is attached as Exhibit A to the
Plan, MJQ and PBP desire to extend the term of the Bareboat  Charter as provided
herein.

     NOW, THEREFORE,  the parties hereto,  intending to be legally bound hereby,
agree as follows:

     1. This Amendment  shall become  effective if and only if (a) a final order
by the Bankruptcy  Court shall be entered  confirming the Plan, (b) the time for
obtaining a stay of such confirmation order shall have passed,  without any stay
of such order having been granted or, if such stay shall have been granted,  the
order shall have become  final and  non-appealable,  and (c) the Plan shall have
become effective.

     2. Subject to the  conditions  described in paragraph 1 above,  the term of
the  Bareboat  Charter  as set  forth  in Box 22  thereof  is  hereby  extended,
effective as of August 1, 2003,  on a month to month basis  through such date as
the Payment  Obligation  (as defined in the Term Sheet),  all accrued and unpaid
interest thereon,  any Stay Bonus (as defined in the Term Sheet) and Forbearance
Fees  (also as defined  in the Term  Sheet)  are paid in full,  subject to early
termination as provided herein.

     3. (a)  Notwithstanding  anything to the contrary contained in the Bareboat
Charter,  the Bareboat  Charter  shall not be terminable by MJQ by reason of any
default by ITG in the  payment of monthly  bareboat  charter  fees to MJQ or any
other payment default by ITG, without the prior written consent of the Trustee.

        (b) Paragraph 33 of the Bareboat Charter is hereby eliminated.

        (c) If, prior to the end of the Charter  period stated in paragraph 2 of
this Amendment, an event of default shall have occurred and continued beyond any
applicable grace periods and the Orderly  Liquidation  Period (as defined in the
Term  Sheet  or,  if the Term  Sheet is  superseded  by an  Amendment  to Master
Settlement  Agreement,  as such  term is  defined  in such  Amendment  to Master
Settlement  Agreement)  shall have expired or shall have been  terminated by the
Trustee,  then the Bareboat  Charter may be terminated by the Trustee by written
notice to MJQ and ITG.

        (d) During an Orderly  Liquidation  Period,  the Bareboat Charter may be
terminated  by either  party  hereto  by notice to the other  upon a sale of the
Vessel  (provided,  however,  that any such termination  shall not be effective,
without he prior written consent of the Trustee, unless as a result of such sale
all amounts due and to become due by MJQ and ITG to the Trustee  shall have been
paid in full).

     4. The provisions of Paragraph 3 above are for the express  benefit of, and
shall be enforceable by, the Trustee.

     5. Except as expressly set forth herein,  the Bareboat Charter shall remain
in full force and effect. This Amendment shall inure to the benefit of and shall
be binding upon the parties hereto and their  successors and permitted  assigns.
This  Amendment  may be executed in any number of  counterpart  copies,  each of
which shall be deemed an original and all of which together shall constitute one
and  the  same  instrument.  Delivery  by  telecopier  of  this  Amendment  or a
counterpart  signature  page  hereof as signed  by a party  shall  have the same
effect as delivery by such party of its manually signed original.

     This  Amendment has been  executed by the parties  hereto on the date first
above written.


ITG VEGAS, INC.                              MJQ CORPORATION

By:/s/Francis W. Murray                      By:/s/Francis X. Murray
   ----------------------------                 ----------------------------
   Francis W. Murray, President                 Francis X. Murray, President



     The undersigned Trustee hereby consents to the foregoing Amendment.

                                             /s/Donald F. Conway
                                            -----------------------------------
                                            Donald F. Conway, Chapter 11
                                            Trustee for the Bankruptcy Estate of
                                            Robert E. Brennan
Phila1\1901596\1