Grand Casinos

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Grand Casinos
Industry Gaming
Fate Acquired
Successor Park Place Entertainment
Founded 1990
Defunct 1998; 19 years ago (1998)
Headquarters Minnesota, USA
Key people
Lyle Berman and Dave Anderson

Grand Casinos (NYSE: GND) was a casino operator, co-founded by poker player Lyle Berman and Dave Anderson, Founder of Famous Dave's BBQ Restaurants, that started out managing several casinos in Minnesota in 1990.[1][2]

The company ceased to exist when it was purchased by Hilton Hotels which then merged it with its other gaming properties to form Park Place Entertainment in 1998.[3]

History[edit]

Grand Casinos owned a total of 8 casinos in 1995.

On December 19, 1995, made a major equity investment in The Stratosphere.[4]

In connection with AirTran Airways, Grand Casinos began offering vacation packages on AirTran August 8, 2005.[5]

Enterprises owned[edit]

Casinos operated[edit]

References[edit]

  1. ^ "Lyle Berman". Forbes. Retrieved 2014-03-21. 
  2. ^ "Lyle Berman". World Poker Tour. Archived from the original on 2014-03-22. Retrieved 2014-03-21. 
  3. ^ Andrew Pollack (1998-06-30). "Hilton Gambling Split-Off Seen, Then Merger With Grand Casinos". New York Times. Retrieved 2014-03-21. 
  4. ^ "Vegas' Lyle Berman: You Gotta Know When To Hold `Em". Bloomberg Businessweek. 1996-09-08. Retrieved 2014-03-21. 
  5. ^ "AirTran Airways encourages Gulf Coast Rebuilding with Added Flight Schedule". Retrieved 2014-03-21.