COAST HOTELS AND CASINOS, INC.

               ANNOUNCES CLOSING OF $100 MILLION NOTE OFFERING



LAS VEGAS, NV

DATE: March 21, 2002

For Immediate Release

Contact: Gage Parrish, Vice President and Chief Financial Officer (702)365-7111



     On March 19, 2002,  Coast Hotels and  Casinos,  Inc.  closed an offering of
$100 million of Senior  Subordinated  Notes. These notes are an additional issue
of the  Company's  9-1/2%  Senior  Subordinated  Notes due 2009,  of which  $225
million  principal  amount was  already  outstanding.  The net  proceeds  of the
offering of approximately $103.0 million were used to repay borrowings under the
Company's senior secured credit facility.

     Coast  Hotels and  Casinos,  Inc.  is a  wholly-owned  subsidiary  of Coast
Resorts,  Inc. and owns and operates four  hotel-casinos  in the Las Vegas area,
The Orleans, the Gold Coast, the Barbary Coast and the Suncoast.