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Columbia will buy Casino Queen

Bond In Investing Savings Columbia Entertainment has a definitive agreement to acquire Casino Queen, a privately owned hotel and casino complex in East St. Louis, Illinois, for $200 million in cash.

The latest James Bond movie, Casino Royale, is set to open this week with Daniel Craig portraying the suave British spy for the first time. Of course what would a Bond movie be without a bevy of Bond girls For Casino Royale, sexy French actress Eva Green is Vesper Lynd and sultry Italian Caterina Murino is Solange. But one other % star% turning % the 2008 Aston Martin DBS. With stunts such as doing seven consecutive cannon rolls, the Aston Martin DBS is set to wow audiences in the film.

Bond Investment Toledo Toledo The transaction has been approved by Casino Queen shareholders and will receive initial consideration by the Illinois Gaming Board.

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James Bond Trading Card Columbia Entertainment plans to transform the Casino Queen from a riverboat casino into a state-of-the-art land-based casino with a floating casino floor, located directly across from the St. Louis Gateway Arch. Columbia Entertainment expects to invest approximately $60 million in the development of this property, which upon completion will be a new 138,000 square foot, Southwestern-themed gaming facility, including a 40,000 square foot casino, buffet, steakhouse, cafe and gift shop.

| Bond shouldn' Bond shouldn't be funny Daniel Craig has admitted that he won't be attempting to inject some more humour into the new James Bond movie – currently known only as Bond 22. The laden film will take off where the previous movie, Casino Royale, left off and keep to the same tone, according to Craig.

Bond In Investing Stock The Casino Queen will complement Columbia Entertainment's current portfolio of 8 casinos in Nevada, Mississippi and Louisiana.

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Municipal Bonds Investment In addition, on May 19, 2006, Columbia Entertainment agreed to acquire Aztar Corporation, which includes the Tropicana casino resorts in Atlantic City and Las Vegas, the Ramada Express casino hotel in Laughlin, Nevada, and the Casino Aztar riverboat casino in Evansville, Indiana.

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Bond Terms Trading Following the completion of the Casino Queen and Aztar transactions, the Company will own and operate a total of 13 casinos in Nevada, Louisiana, Mississippi, New Jersey, Illinois and Indiana, in addition to building a new resort and casino property in St. Maarten.

Bond Debt High In Inside William J. Yung III, President and CEO of Columbia Sussex said, "We are excited about this acquisition which, along with our agreement to acquire Aztar, will transform our gaming business. Casino Queen is a terrific asset and we see tremendous opportunities to use our significant operating experience to build the franchise and further expand Columbia's position as one of the leading owners, developers and operators of hotels, resorts and casinos."

Bond Greenville Greenville The transaction is subject to customary closing conditions, including the receipt of necessary regulatory and governmental approvals. The transaction is expected to close by the end of 2006.

Trading Stock And Bonds Columbia Entertainment obtained its first gaming license in 1990 and has been licensed and re-licensed numerous times in Nevada, Louisiana and Mississippi.

Bond Investing Municipal The Company has applied for a gaming license in Illinois to complete the Casino Queen transaction, and is in the process of seeking gaming licenses in New Jersey and Indiana to complete the Aztar transaction.

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