Monday, August 21, 2006

Aztar Corporation and Fortunes Entertainment, LLC today announced that they
have signed a definitive agreement under which Fortunes Entertainment will
acquire from Aztar the casino property commonly known as Casino Aztar
Caruthersville. A sale of Casino Aztar Caruthersville, which is expected to
be completed during the fourth quarter of 2006, had been contemplated in
Aztar's May 19 merger agreement with Wimar Tahoe Corporation d/b/a Columbia
Entertainment, the gaming affiliate of Columbia Sussex Corporation.
Completion of the transaction is subject to approval by the Missouri gaming
authorities and other customary closing conditions. Skadden, Arps, Slate,
Meagher & Flom LLP is acting as legal counsel and Banc of America Securities
LLC is serving as financial advisor to Aztar. Blitz, Bardgett & Deutsch,
L.C. is acting as legal counsel to Fortunes Entertainment.