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Grand Casinos

From Wikipedia, the free encyclopedia
Grand Casinos
IndustryGaming
Founded1990
Defunct1998; 26 years ago (1998)
FateAcquired
SuccessorPark Place Entertainment
Headquarters,
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

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

Casinos operated

References

  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. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  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.