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Filed Pursuant to Rule 424(b)(3)
Registration No. 33-79484
CROWN CASINO (LOGO)
CORPORATION
SUPPLEMENT NO. 2 TO PROSPECTUS DATED MARCH 6, 1995
OF CROWN CASINO CORPORATION
PUBLIC OFFERING OF
10,121,869 SHARES OF COMMON STOCK
On or about June 2, 1995, Crown Casino Corporation ("Crown"), St. Charles
Gaming Company, Inc. ("SCGC") (collectively, Crown and SCGC are herein referred
to as the "Company"), and Louisiana Riverboat Gaming Partnership ("LRGP")
executed definitive agreements to complete the sale of a 50% interest in SCGC
from Crown to LRGP. The Company expects to receive the written consent of its
senior lender, which is a condition to closing, on or about June 12, 1995. The
closing of this transaction will occur shortly thereafter.
In addition, LRGP and SCGC are negotiating a $30 million financing package with
the Company's senior lender to (i) retire the Company's senior debt which
matured on June 5, 1995, and (ii) provide additional capital to complete the
development of the Calcasieu Parish project. During the period prior to the
closing of such financing, the Company has requested and negotiated a waiver
for the extension of the maturity date of its senior debt. Management expects
the Company to have the waiver executed on or about June 12, 1995. While no
assurance can be given, LRGP and SCGC anticipate closing the $30 million
financing prior to July 31, 1995. The new financing will require the consent
of the Lousiana Office of State Police, Riverboat Gaming Division, which
consent is expected to be obtained prior to July 31, 1995.
The date of this Prospectus Supplement is June 7, 1995
