SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

TIBERTI J TITO

(Last)

(First)

(Middle)

TIBERTI J TITO

1806 SOUTH INDUSTRIAL RD

(Street)

LAS VEGA

89102

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
COAST CASINOS INC [ N/A ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Secretary

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/01/2004		D		78,911.47	D	⁽¹⁾	0	D
Common Stock	07/01/2004		D		200	D	⁽²⁾	0	I⁽³⁾	Trustee of Trust
Common Stock	07/01/2004		D		12,000	D	⁽⁴⁾	0	I⁽³⁾	Through Partnership
Common Stock	07/01/2004		D		8,640	D	⁽⁵⁾	0	I⁽³⁾	Through Partnership

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Disposed of pursuant to the agreement and plan of merger among the issuer, Boyd Gaming Corporation and its subsudiary, BGC, Inc., in exchange for (a) 222,171 shares of Boyd Gaming Corporation common stock having a market value of $26.57 per share on June 30, 2004, the day immediately preceding the effective date of the merger; and (b) $39,676,166.99.

2. Disposed of pursuant to the agreement and plan of merger among the issuer, Boyd Gaming Corporation and its subsudiary, BGC, Inc., in exchange for (a) 590 shares of Boyd Gaming Corporation common stock having a market value of $26.57 per share on June 30, 2004, the day immediately preceding the effective date of the merger; and (b) $100,111.36.

3. These shares are held by a trust and partnerships of which the trust is a partner, for the benefit of the reporting person's adult children. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is a beneficial owner of these securities for purposes of Section 16 or for any other purpose.

4. Disposed of pursuant to the agreement and plan of merger among the issuer, Boyd Gaming Corporation and its subsudiary, BGC, Inc., in exchange for (a) 33,786 shares of Boyd Gaming Corporation common stock having a market value of $26.57 per share on June 30, 2004, the day immediately preceding the effective date of the merger; and (b) $6,033,514.68.

5. Disposed of pursuant to the agreement and plan of merger among the issuer, Boyd Gaming Corporation and its subsudiary, BGC, Inc., in exchange for (a) 24,339 shares of Boyd Gaming Corporation common stock having a market value of $26.57 per share on June 30, 2004, the day immediately preceding the effective date of the merger; and (b) $4,343,911.61.

	/s/ J. Tito Tiberti	07/01/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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