Majestic Star Casinos announced December 5 that it is purchasing three of Fitzgeralds’ casinos in Mississippi, Colorado

Las Vegas for $149 million in cash plus assumption of certain liabilities.

Also, Fitzgeralds Gaming Corporation and its subsidiaries filed for Chapter 11 Bankruptcy in U.S. District Court in Nevada the same day. 바카라사이트

Majestic Star Casinos will take over the 638-room Fitzgeralds Casino-Hotel in downtown Las Vegas, the 507-room Fitzgeralds Casino-Hotel in Tunica, MS and Fitzgeralds Casino in Black Hawk, Co.

“With the addition of these three casinos, Majestic will operate in three of the top five gaming markets in the country,” said Don H. Barden, owner of Majestic Star Casinos. “The Fitzgeralds purchase is the first step in our plan to grow Majestic Star beyond our home in Indiana. I want to thank my team at Majestic Star Casino for bringing this project to fruition and making this exciting opportunity a reality. I look forward to working with the many fine employees at these three great Fitzgeralds properties. Together we’re going to build a highly competitive national casino brand with 4,300 slots, 120 table games, 1,145 hotel rooms, and 3,800 employees.”

The Majestic Star Casino, LLC owns operates the Majestic Star Riverboat Casino in Gary, IN and is the country’s only African American owned Casino Company.

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