Document:

<PAGE>
                                                                 EXHIBIT 10.11.3

                      SECOND AMENDMENT TO HAM GROUND LEASE

     This SECOND AMENDMENT is made, and is effective, as of the 22nd day of
November, 1998, by and between FITZGERALDS LAS VEGAS, INC. ("Lessee") and GARY
R. DOKTER, JACQUELINE TRAHAN-WEBER, GEORGIA MAKEEVER and CAROLYN PRESSMAN
(collectively the "Ham Lessors"), and further amend that certain lease dated
March 4, 1976, as amended (the "Ham Lease"), by and between the Nevada Building
Company, as lessee, and A.W. Ham, Jr., as Trustee Under the Wills of A.W. Ham
and Alta M. Ham, Deceased, as lessor.

                                    RECITALS

     A. WHEREAS, Lessee owns and operates a casino and hotel known as
Fitzgeralds Casino/Hotel Las Vegas (the "Casino/hotel").

     B. WHEREAS, Lessee leases from the Ham Lessors a portion of the land on
which the Casino/hotel is situated.

     C. WHEREAS, when Lessee purchased the hotel/casino, it assumed a loan (the
"Sundance loan") made by Public Employees Retirement System ("PERS") in favor
of Lessee's predecessor-in-interest to the Casino/hotel, M.B. Dalitz Revocable
Trust (the "Dalitz Trust"). As part of the collateral for the Sundance loan,
the Dalitz Trust was required to assign its interest in the Ham Lease to PERS.
The Ham Lessors agreed to the assignment on the condition that the Dalitz Trust
establish a $1,000,000 cash fund (the "Fund") to cure any default under the Ham
Lease and certain other ground leases (collectively the "Ground Leases"), to
pay any claims with respect to the Ground Leases, and to keep all of said
Ground Leases in good standing. Said Fund was to be held in trust by PERS.

     D. WHEREAS, in December 1995, Lessee paid off the Sundance loan. Pursuant
to the Sundance loan documents, in the event PERS is no longer the secured
lender under the Sundance loan, PERS shall appoint the First Interstate Bank
("FIB") as the trustee of the Fund on the same terms and conditions under which
PERS served as trustee, and transfer the Fund to FIB.

     E. WHEREAS, FIB no longer exists and its successor by merger, Wells Fargo
Bank N.A., has agreed to act as successor trustee with respect to the Fund.

     F. WHEREAS, the parties desire to amend the Ham Lease to interpret the
provisions therein related to the Fund in view of the fact that PERS is no
longer the trustee.

     NOW THEREFORE, IN CONSIDERATION of the mutual promises and covenants set
forth herein and in the Ham Lease, and for other good and valuable
consideration, the receipt and sufficiency of which the parties acknowledge,
the parties agree as follows:

<PAGE>
1.   Article 6(a) of the 1982 Amendment to Ham Lease is hereby amended to read
as follows:

     (a) At the time of the funding of the permanent Sundance Loan by PERS, a
     One Million Dollar ($1,000,000.00) cash fund (the "Fund") shall be
     transferred to PERS by the Lessee and shall be held by PERS, or any
     successor trustee, and used to cure any defaults under the Kramer, Ham or
     Masonic Ground Leases (collectively the "Ground Leases"), to pay claims of
     any of the Kramer, Ham or Masonic ground lessors (collectively the "Ground
     Lessors") under the Ground Leases against the Lessee or any sub-lessee and
     to take such other action as appears necessary or advisable to cure any
     defaults under the Ground Leases and keep all of the Ground Leases in good
     standing. The Fund shall be held in trust by PERS, or any successor
     trustee, for the benefit of the Ground Lessors under the purposes stated
     herein, and said trust shall be irrevocable. Said obligation to use the
     Fund as permitted in this paragraph shall not arise until the Trustee has
     been provided written notice of the circumstances requiring such use.

2.   Article 6(d) of the 1982 Amendment to Ham Lease shall be amended to read
as follows:

     In the event that PERS, or a successor trustee, makes a payment from the
     Fund, or in the event the principal has been reduced or depleted because of
     the investment of the Fund, it shall give notice to the Lessee and the
     Ground Lessors of such payment and the amount, payee and purpose for the
     claim paid, or loss of investment. In the event that PERS, or any successor
     trustee, shall fail to give such notice, then such notice may be given by
     any of the Ground Lessors. Within ten (10) days of receipt of said notice,
     the Fund shall be replenished by the Lessee in the amount paid out or
     investment lost, so that the Fund will at all times have a market value of
     at least One Million Dollars ($1,000,000.00). In that the Sundance Loan has
     been completely repaid in accordance with its terms, failure to replenish
     the Fund within said time period shall constitute a default under the
     Ground Leases. In the event of such failure to replenish, Lessee and any
     guarantor of the obligations of Lessee under the Ham Ground Lease shall be
     personally, jointly and severally responsible and liable for Lessor to
     effect such replenishment and their liability in this regard shall be
     specifically enforceable.

OTHER THAN THE MODIFICATIONS SET FORTH ABOVE, ALL OF THE OTHER TERMS AND
CONDITIONS OF THE HAM LEASE AND DULY EXECUTED AMENDMENTS THERETO SHALL REMAIN
UNCHANGED.

THIS AMENDMENT MAY BE EXECUTED IN ONE OR MORE COUNTERPARTS, AND SHALL BE OF
FULL FORCE AND EFFECT WHEN THE SIGNED AND NOTARIZED COUNTERPARTS HAVE BEEN
EXCHANGED BETWEEN THE PARTIES, INCLUDING THE EXCHANGE OF FACSIMILE COPIES.
REGARDLESS OF THE NUMBER OF COUNTERPARTS, ALL COUNTERPARTS SHALL CONSTITUTE A
SINGLE AGREEMENT.

                                       2
<PAGE>
THE UNDERSIGNED HEREBY REPRESENT THAT THEY HAVE THE AUTHORITY TO EXECUTE THIS
ADDENDUM.

THE HAM LESSORS:                                 LESSEE:

(Each as a successor to A.W. Ham, Jr.,           Fitzgeralds Las Vegas, Inc.
as Trustee under the wills of A.W. Ham           a Nevada corporation
and Alta M. Ham, deceased, as
(The Ham Lessors.)

                                                 By: /s/ Philip D. Griffith
--------------------------------                    ---------------------------
Gary J. Dokter                                   Its: President
Dated   November, 1998                              ---------------------------
     ---

--------------------------------
Jacqueline Trahan-Weber
Dated   November, 1998
     ---

--------------------------------
Georgia Makeever
Dated   November, 1998
     ---

--------------------------------
Carolyn Pressman
Dated   November, 1998
     ---

                                       3
<PAGE>
STATE OF NEVADA   )
                  ) ss.
COUNTY OF CLARK   )

      On this 17th day of December, 1998, personally appeared before me, a
Notary Public, Philip D. Griffith as President of Fitzgeralds Las Vegas, Inc.,
who acknowledged that he executed the above instrument.

[Notary Public Stamp]                       /s/ Judith A. Koehn
Notary Public-State of Nevada               ----------------------------
COUNTY OF CLARK                             NOTARY PUBLIC
JUDITH A. KOEHN
My Appointment Expires
March 18, 2000

My Commission Expires:
   3/18/00
----------------------

STATE OF          )
                  ) ss.
COUNTY OF         )

      On this      day of             , 1998, personally appeared before me, a
Notary Public, Gary J. Dokter, in his official capacity as the trustee under
the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

                                            ----------------------------
                                            NOTARY PUBLIC
My Commission Expires:

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

                                       4

<PAGE>
The undersigned hereby represent that they have the authority to execute this
ADDENDUM.

THE HAM LESSORS:                                LESSEE:

(Each as a successor to A.W. Ham, Jr.,          Fitzgeralds Las Vegas, Inc.
as Trustee under the wills of A.W.              a Nevada corporation
Ham and Alta M. Ham, deceased, as
(The Ham Lessors.)

/s/ Gary J. Dokter                              By:
--------------------------------                   -------------------------
Gary J. Dokter                                  Its:
Dated 20 November, 1998                             ------------------------

--------------------------------
Jacqueline Trahan-Weber
Dated     November, 1998

--------------------------------
Georgia Makeever
Dated    November, 1998

--------------------------------
Carolyn Pressman
Dated    November, 1998

                                       3
<PAGE>
STATE OF          )
                  ) ss.
COUNTY OF         )

      On this      day of          , 1998, personally appeared before me, a
Notary Public, Philip D. Griffith as President of Fitzgeralds Las Vegas, Inc.,
who acknowledged that he executed the above instrument.

                                            ----------------------------
                                            NOTARY PUBLIC
My Commission Expires:

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

STATE OF ARKANSAS    )
                     ) ss.
COUNTY OF WASHINGTON )

      On this 20th day of November, 1998, personally appeared before me, a
Notary Public, Gary J. Dokter, in his official capacity as the trustee under
the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

                                            /s/ James A. XXX, Jr.
                                            ----------------------------
                                            NOTARY PUBLIC
[Notary Public Stamp]

My Commission Expires:
OFFICIAL SEAL
James A. XXX, Jr.
NOTARY PUBLIC
Washington Co., AR
Expires: 10-20-2001

                                       4
<PAGE>
The undersigned hereby represent that they have the authority to execute this
ADDENDUM.

THE HAM LESSORS:                                LESSEE:

(Each as a successor to A.W. Ham, Jr.,          Fitzgeralds Las Vegas, Inc.
as Trustee under the wills of A.W.              a Nevada corporation
Ham and Alta M. Ham, deceased, as
(The Ham Lessors.)

                                                By:
--------------------------------                   -------------------------
Gary J. Dokter                                  Its:
Dated    November, 1998                             ------------------------

/s/ Jacqueline Trahan-Weber
--------------------------------
Jacqueline Trahan-Weber
Dated     November, 1998

--------------------------------
Georgia Makeever
Dated    November, 1998

--------------------------------
Carolyn Pressman
Dated    November, 1998

                                       3
<PAGE>
STATE OF KANSAS   )
                  ) ss.
COUNTY OF SHAWNEE )

      On this 4th day of December, 1998, personally appeared before me, a
Notary Public, Jacqueline Trahan-Weber, in her official capacity as the trustee
under the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

[Notary Public Stamp]                       /s/ Jan L. Arnold
Jan L. Arnold                               ----------------------------
NOTARY PUBLIC                               NOTARY PUBLIC
State of Kansas
My Commission Expires:
   Dec. 11, 2000
----------------------

STATE OF          )
                  ) ss.
COUNTY OF         )

      On this      day of             , 1998, personally appeared before me, a
Notary Public, Georgia Makeever, in her official capacity as the trustee under
the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

                                            ----------------------------
                                            NOTARY PUBLIC
My Commission Expires:

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

                                       5
<PAGE>
The undersigned hereby represent that they have the authority to execute this
ADDENDUM.

THE HAM LESSORS:                                LESSEE:

(Each as a successor to A.W. Ham, Jr.,          Fitzgeralds Las Vegas, Inc.
as Trustee under the wills of A.W.              a Nevada corporation
Ham and Alta M. Ham, deceased, as
(The Ham Lessors.)

                                                By:
--------------------------------                   -------------------------
Gary J. Dokter                                  Its:
Dated    November, 1998                             ------------------------

--------------------------------
Jacqueline Trahan-Weber
Dated     November, 1998

/s/ Georgia Makeever
--------------------------------
Georgia Makeever
Dated 22 November, 1998

--------------------------------
Carolyn Pressman
Dated   November, 1998

                                       3
<PAGE>
STATE OF          )
                  ) ss.
COUNTY OF         )

      On this     day of         , 1998, personally appeared before me, a
Notary Public, Jacqueline Trahan-Weber, in her official capacity as the trustee
under the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

                                            ----------------------------
                                            NOTARY PUBLIC
My Commission Expires:

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

STATE OF FLORIDA  )
                  ) ss.
COUNTY OF MANATEC )

      On this 22nd day of November, 1998, personally appeared before me, a
Notary Public, Georgia Makeever, in her official capacity as the trustee under
the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

                                            /s/ XXX
                                            ----------------------------
                                            NOTARY PUBLIC
My Commission Expires:
Feb. 7, 2000
----------------------

[Notary Public Stamp]

                                       5
<PAGE>
The undersigned hereby represent that they have the authority to execute this
ADDENDUM.

THE HAM LESSORS:                                LESSEE:

(Each as a successor to A.W. Ham, Jr.,          Fitzgeralds Las Vegas, Inc.
as Trustee under the wills of A.W.              a Nevada corporation
Ham and Alta M. Ham, deceased, as
(The Ham Lessors.)

                                                By:
--------------------------------                   -------------------------
Gary J. Dokter                                  Its:
Dated    November, 1998                             ------------------------

/s/ Jacqueline Trahan-Weber
--------------------------------
Jacqueline Trahan-Weber
Dated     November, 1998

--------------------------------
Georgia Makeever
Dated    November, 1998

/s/ Carolyn Landsman
--------------------------------
Carolyn Pressman
Dated 12 December, 1998

                                       3
<PAGE>
STATE OF FLORIDA       )
                       ) ss.
COUNTY OF PALM BEACH   )

      On this 11th day of December, 1998, personally appeared before me, a
Notary Public, Carolyn Pressman, in her official capacity as the trustee
under the wills of A.W. Ham and Alta M. Ham, deceased, as (The Ham Lessors).

                                            /s/ Carolyn T. Balcerzak
                                            ----------------------------
                                            NOTARY PUBLIC
My Commission Expires:

----------------------                      [Notary Public Stamp]

                                                CAROLYN T. BALCERZAK
                                                MY COMMISSION #CC 747159
                                                EXPIRES: June 1, 2002
                                                Bonded Thru Notary Public
                                                  Underwriters

                                       6<PAGE>
                                                                 EXHIBIT 10.11.4

RECORDING REQUESTED BY AND
WHEN RECORDED MAIL TO:

Jennifer Love, Esq.
Latham & Watkins
Sears Tower, Suite 5800
Chicago, IL 60606

                           ASSIGNMENT OF GROUND LEASE

     This Assignment of Ground Lease (this "Assignment") made this 6th day of
December, 2001 by and between Fitzgeralds Las Vegas, Inc., a Nevada corporation
("Assignor"), and Barden Nevada Gaming, LLC, a Nevada limited liability company
("Assignee" and, together with Assignor, the "Parties" and each, a "Party").

                             PRELIMINARY STATEMENTS

     A.   On March 4, 1976, A.W. Ham, Jr., trustee under the wills of A.W. Ham
and Alta Ham, deceased ("Landlord"), and Nevada Building Company, as lessee
("Nevada Building"), entered into a written lease (the "Lease") in which
Landlord leased to Nevada Building and Nevada Building leased from Landlord the
land described in Exhibit "A" attached hereto (the "Premises"). The Lease was
subsequently assigned to several different lessees, and lessee's interest was
ultimately assigned to Assignor. A complete list of assignments and amendments
is attached hereto as Exhibit "B".

     B.   The Parties hereto are parties to that certain Purchase and Sale
Agreement dated as of November 22, 2000, by and among Majestic Investor
Holdings, LLC, Fitzgeralds Las Vegas, Inc., 101 Main Street Limited Liability
Company, Fitzgeralds Mississippi, Inc., Fitzgeralds Gaming Corporation, and
certain other affiliates of the foregoing parties, as amended by that certain
First Amendment to Purchase and Sale Agreement dated as of December 4, 2000 and
as amended by that certain Second Amendment to Purchase and Sale Agreement
dated as of November 1, 2001, as assigned (as amended and assigned, the
"Purchase and Sale Agreement"), pursuant to which Assignor has agreed to assign
and transfer all Real Property Leases (as defined in the Purchase and Sale
Agreement) to Assignee.

     B.   The United States Bankruptcy Court for the District of Nevada,
Northern Division entered an order dated March 19, 2001 and an Amendment to
that order dated October 4, 2001, which approved the assumption and assignment
of certain executory contracts and unexpired leases, including this Lease,
pursuant to Section 365 of the Bankruptcy Code.

     C.   Assignor now wishes to assign all of its right, title and interest
in the Lease to Assignee and Assignee wishes to accept the assignment from
Assignor and assume all of Assignor's obligations under the Lease.

                                       1
<PAGE>
                                   AGREEMENT

     1.   Effective Date of Assignment. The assignment in this Assignment shall
take effect on December 6th, 2001 at 11:59 p.m. Pacific Standard Time (the
"Effective Date"). Assignor shall deliver possession of the Premises to
Assignee on the Effective Date.

     2.   Assignment and Assumption.    Assignor assigns and transfers to
Assignee all of its right, title and interest in the Lease as well as all
appurtenances, easements, licenses, permits, operating agreements and all other
real property interests and agreements relating to Assignor's use of the
Premises, and Assignee accepts the assignment and assumes and agrees to
perform, from the Effective Date, as a direct obligation to Landlord, all of
the provisions in the Lease.

     3.   Ground Lessor's Fund.    The Parties acknowledge that a One Million
Dollar ($1,000,000) trust fund (the "Fund") is maintained at Wells Fargo Bank,
N.A. by Assignor for the benefit of Landlord and other ground lessors presently
leasing property to Assignor. At or close in time to the Effective Date, the
Fund will be transferred to Assignee, who shall continue to maintain the Fund
for the benefit of the Landlord and other ground lessors, pursuant to the terms
of the Lease. Upon transfer of the Fund, Assignee shall be responsible for all
trust administration costs and Assignor shall have no further obligations with
respect to the Fund.

     4.   Hold Harmless. If Assignee defaults under the Lease, Assignee shall
indemnify and hold Assignor harmless from all damages resulting from the
default. If Assignee defaults in its obligations under the Lease and Assignor
pays rent to Landlord; and/or fulfills any of the Assignee's other obligations
in order to prevent Assignee from being in default, Assignee shall immediately
reimburse Assignor for the amount of the rent or cost expended by Assignor,
together with interest on those sums at a rate of twelve percent (12%) per
annum. If Assignor defaults under the Lease at any time prior to Closing, as
defined in the Purchase and Sale Agreement, Assignor shall indemnify and hold
harmless Assignee from all damages resulting from the default. Notwithstanding
the foregoing, the covenants contained in this Assignment shall not supercede
those representations and warranties set forth in the Purchase and Sale
Agreement.

     5.   Miscellaneous. This Assignment is the entire agreement and supercedes
all prior agreements or representations, except as otherwise indicated in this
Assignment. This Assignment is binding on the Parties hereto, their successors
and assigns, and shall not confer any rights or remedies to any third person.
No waiver of any provision of this Assignment shall be valid unless the same is
in writing and signed by the Party against whom such waiver is sought to be
enforced. No valid waiver of any provision of this Assignment at any time shall
be deemed a waiver of any other provision of this Assignment. The Parties
warrant and represent that the individuals signing below are authorized and
empowered to enter into and execute this Assignment on behalf of each Party
respectively. This Assignment shall be governed by the laws of the State of
Nevada without giving effect to any choice or conflict of law provision and the
sole jurisdiction and venue shall be Clark County, Nevada. All notices and
other communication shall be in writing and sent by registered or certified
mail to the addresses listed in the Purchase and Sale Agreement or such other
addresses provided by the Parties.

                                       2

<PAGE>
     IN WITNESS WHEREOF, the Parties have set their hands as of the date and
year first written above.

                                        ASSIGNOR:

                                        Fitzgeralds Las Vegas, Inc.,
                                        a Nevada corporation

                                        By: /s/ Philip D. Griffith
                                            --------------------------------
                                        Name: Philip D. Griffith
                                             -------------------------------
                                        Title: President/CEO

                                        ASSIGNEE:

                                        Barden Nevada Gaming, LLC,
                                        a Nevada limited liability company

                                        By:
                                            --------------------------------
                                        Name:
                                             -------------------------------
                                        Title:
                                              ------------------------------

                                       3
<PAGE>
     IN WITNESS WHEREOF, the parties hereto have set their hands as of the date
and year first above written.

                                        ASSIGNOR

                                        FITZGERALDS LAS VEGAS, INC.,
                                        a Nevada corporation

                                        By:
                                           -----------------------------------
                                           Name:
                                                  ----------------------------
                                           Title:
                                                  ----------------------------

                                        ASSIGNEE

                                        BARDEN NEVADA GAMING, LLC,
                                        a Nevada limited-liability company

                                        By: /s/   Don H. Barden
                                           -------------------------------------
                                           Name:  Don H. Barden
                                           Title: President
<PAGE>
STATE OF NEVADA  )
                 ) ss.
COUNTY OF CLARK  )

     On December 4th, 2001, personally appeared before me, a Notary Public,
Philip D. Griffith, as President/CEO of the Fitzgerald's Las Vegas, Inc., a
Nevada corporation, who acknowledged that he executed the above instrument.

[NOTARY PUBLIC SEAL]
               CYNTHIA A. FREMONT       /s/ Cynthia R. Fremont
             Notary Public - Nevada     --------------------------------------
                 No. 99-35284-1         Notary Public
          My appt. exp. Jan. 17, 2003

STATE OF ILLINOIS   )
                    ) ss.
COUNTY OF COOK      )

On December 6, 2001, personally appeared before me, a Notary Public, Don Barden
as President of the Barden Nevada Gaming, LLC, a Nevada, LLC, who acknowledged
that he executed the above instrument.

                                        /s/ Janis I. Rohrer
                                        -------------------------------------
                                        Notary Public

      [NOTARY PUBLIC SEAL]
        "OFFICIAL SEAL"
        JANIS I. ROHRER
NOTARY PUBLIC, STATE OF ILLINOIS
MY COMMISSION EXPIRES 7/29/2005

                                       4
<PAGE>
                                   EXHIBIT A

                          DESCRIPTION OF THE PREMISES
<PAGE>

Parcel Two (2):

Lots Five (5) and Six (6) in Block 30 of Clark's Las Vegas Townsite, as shown
by map thereof on file in Book 1 of Plats, Page 37, in the office of the County
recorder of Clark County, Nevada.

Together with that portion of vacated alley as provided for in that certain
Order of Vacation recorded April 9, 1979 as Document No. 995695 of Official
Records of Clark County, Nevada, as follows:

That portion of that certain Northwest-Southwest alley in Block Thirty (30)
of said Clark's Las Vegas Townsite described as follows:

Commencing at the Southwesterly corner of said lot One (1) described above;

thence Southeasterly along the Southerly line of lots One (1) through Four (4)
of said Block Thirty (30) a distance of 100.00 feet to the TRUE POINT OF
BEGINNING; thence continuing along the southerly line of lots five (5) and six
(6) a distance of 40 feet to a point; thence Southwesterly and parallel to the
East line of said lot Six (6) in Block Thirty (30) a distance of 10 feet to a
point; thence Northwesterly and parallel to the Southerly line of lots five (5)
and six (6) a distance of 40 feet to a point; thence North and parallel to the
Northwesterly line of lot five (5) a distance of 10 feet to the TRUE POINT OF
BEGINNING.

Together with those portions of vacated alleys that lies adjacent to said lots
as provided for in that certain Order of Vacation recorded August 27, 1999 in
Book 990827 as Instrument/File No. 00495 of Official Records, Clark County,
Nevada.

<PAGE>

                                   EXHIBIT B

                           ASSIGNMENTS AND AMENDMENTS

<PAGE>

Parcel Two (2):

A leasehold as created by that certain lease dated March 4, 1976, executed by
A. W. Ham, Jr., Trustee under the wills of A. W. Ham and Alta Ham, deceased, as
lessor, and Nevada Building Company, a partnership comprised of Fredric N.
Richman and Allan D. Sachs, as lessee, a General form of said lease recorded
March 10, 1976, Instrument No. 561142, Book 602 of Official Records; as amended
and assigned by the following:

Assignment dated April 18, 1979, executed by Nevada Building Company, the
interest of Assignor in and to the above leasehold estate was assigned to
M.B. Dalitz, as assignee, recorded April 18, 1979, Instrument No. 1000777 Book
1041, and rerecorded April 26, 1979, Instrument No. 1004573, Book 1045 of
Official Records;

Assignment dated June 13, 1980, executed by M.B. Dalitz, the interest of
Assignor in and to the above leasehold estate was assigned to Moe B. Dalitz,
Trustee of "The M. B. Dalitz Revocable Trust" dated January 25, 1980, as
assignee, recorded September 12, 1980, Instrument No. 1239412, Book 1280;

Amendment dated December 30, 1982, executed by A. W. Ham, Jr., Trustee under the
wills of A. W. Ham and Alta Ham, deceased as lessor, and M.B. Dalitz, Trustee of
the M. B. Dalitz Revocable Trust dated October 8, 1980, as amended December 20,
1982 as lessee, recorded December 30, 1982, Instrument No. 1626307, Book 1667,
of Official Records,

Memorandum of Lease dated December 30, 1982, executed by M. B. Dalitz, the M. B.
Dalitz Revocable Trust and Sundance Hotel & Casino, Inc. wherein an Amended and
Restated Lease dated September 24, 1980 was subleased to Sundance Associates,
recorded December 30, 1982, Instrument No. 1626309, Book 1667;

Assignment dated December 30, 1982, executed by M.B. Dalitz a/k/a Moe B. Dalitz
and Moe B. Dalitz as Trustee under the Revocable Trusts dated January 4, 1980;
October 8, 1980 (as amended December 20, 1982) and May 27, 1982, as assignors,
to the M. B. Dalitz Revocable Trust dated October 8, 1980 (as amended December
20, 1982), as assignee trust, recorded December 30, 1982, Instrument No.
1626310, Book 1667.

Amendment dated December 20, 1982, executed by A. W. Ham, Jr., Trustee under the
wills of A. W. Ham and Alta Ham, deceased as lessor, and M.B. Dalitz, Trustee of
the M. B. Dalitz Revocable Trust, as lessee, Sundance Hotel and Casino, Inc.,
Sundance Associates, Inc. and Public Employees Retirement System of Nevada,
recorded January 5, 1983, Instrument No. 1628018, Book 1669, of Official
Records,

Amendment dated January 5, 1983, executed by M. B. Dalitz, the M. B. Dalitz
Revocable Trust, Pioneer Citizens Bank of Nevada, Sundance Hotel and Casino,
Inc. and Sundance Associates, recorded January 5, 1983, Instrument No. 1628023,
Book 1669, of Official Records;

A Termination of the leasehold interest held by the Sundance Hotel and Casino,
Inc., a Nevada corporation, was recorded November 2, 1987, in Book 871102, as
Instrument No. 00191; Deed to Fremont and Third Limited Partnership, a Nevada
limited partnership recorded November 2, 1987, in Book 871102, as Instrument No.
00197; Deed to Fitzgeralds Las Vegas Limited Partnership, recorded March 25,
1994, in Book 940325, as Instrument No. 02224;

<PAGE>

Assignment dated November 1, 1987, executed by M.B. Dalitz, Trustee of The
M.B. Dalitz Revocable Trust, the interest of Assignor in and to the above
leasehold estate was assigned to Fremont and Third Limited Partnership, a Nevada
limited partnership, as assignee, recorded November 2, 1987, Instrument
No. 00198, Book 871102;

Trustee's Deed dated June 15, 1990, executed by A. W. Ham, Jr., Trustee of the
Wills of A. W. Ham and Alta Ham, deceased, in favor of Gary R. Dokter,
Jacqueline Trahan, Georgia Makeever and Carolyn Pressman, recorded June 18,
1990, Instrument No. 03421, Book 900618.

Assignment dated December 31, 1994, executed by Fitzgeralds Las Vegas Limited
Partnership (formerly Fremont and Third Limited Partnership), a Nevada limited
partnership, the interest of Assignor in and to the above leasehold estate was
assigned to Fitzgeralds Las Vegas Inc., a Nevada corporation, as assignee,
recorded February 17, 1995, Instrument No. 00134, Book 950217,

Unrecorded Second Amendment dated as of November 22, 1998, executed by
Fitzgeralds Las Vegas, Inc. and Gary R. Dokter, Jacqueline Trahan-Weber,
Georgia Makeever and Carolyn Pressman.

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