exhibit 10. 2 statement of conditions to riverboat gaming license of harrah ’ s star partnership pnk development 8, llc ( “ pnk 8 ” ), pnk development 9, llc ( “ pnk 9 ” ), and pinnacle entertainment, inc. ( collectively “ transferee ” ) and harrah ’ s star partnership ( “ hsp ” ), players riverboat management, llc, players riverboat ii, llc and harrah ’ s operating company, inc ( “ harrah ’ s ” ) hereby expressly accept, agree and stipulate to the following conditions to the license of harrah ’ s star partnership ( “ hsp ” or “ licensee ” ) to conduct riverboat gaming operations, said license previously issued by the louisiana state police, riverboat gaming division and renewed by its successor, the louisiana gaming control board. as part of the approval of the transfer of ownership interest in hsp, licensee and transferee hereby agree to the following as additional conditions on the hsp license : 1. within seventy - five ( 75 ) days of the approval of the transfer of interest, licensee or transferee shall submit for board approval a detailed plan for rebuilding the operations of licensee. the submission shall include : a. a description of the plan and design of the riverboat, docking facilities and amenities of the proposed operation which shall include architectural renderings and conceptual designs ; b. a description of the proposed financing for the project which shall specify a minimum investment amount for the project and include all necessary supporting financial documents identifying the sources and uses of the financing ; c. a timeline for the proposed project which shall include estimates on construction time of the riverboat, docking facility and amenities and estimates on reopening the facility for operation ; d. a plan for the hiring of employees and achieving the goals set forth for employment and procurement in the existing specific economic and procurement conditions 6 - 10 for licensee ; and e. a description of the berth site, if it is one other than the licensee ’ s existing berth site. 2. if the berth site is one other than the existing berth site, within seventy - five ( 75 ) days of the approval of the transfer of interest, licensee or transferee shall submit for board approval a petition for modification of berth site which shall include : a. all items described in condition 1 ; b. a legal description of the proposed berth site and evidence of the legal