Grand Casinos

Grand Casinos
Industry Gaming
Fate Acquired
Successor Park Place Entertainment
Founded 1990
Defunct 1998 (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

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. 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.
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