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President Casinos
President Casinos was a gaming company and casino operator based in St. Louis, Missouri that was active in the 1990s. In the 2000s it went into bankruptcy and had liquidating by the end of the decade. History The company was founded in 1991 by Pittsburgh millionaire John E. Connelly, who owned the Gateway Clipper Fleet and . Its riverboat casino ''The President'' in Davenport, Iowa, which opened in April 1991, was one of the first modern riverboat casinos in the Midwest and South after they started becoming legal. It began trading on NASDAQ in 1992. On June 20, 2002, President Casinos filed for Chapter 11 bankruptcy. On April 15, 2005, the President Casino Broadwater Resort in Biloxi was sold to Broadwater Development. On February 24, 2006, Pinnacle Entertainment announced that it would purchase the President Casino Laclede's Landing for $31.5 million. On December 21, 2006, Pinnacle Entertainment completed the purchase of the casino. It has sold all of its operations since d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John E
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope J ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gateway Clipper Fleet
The Gateway Clipper Fleet, founded by John E. Connelly, is a Pittsburgh, Pennsylvania-based fleet of riverboats. The fleet cruises the three rivers of Pittsburgh - the Monongahela, Allegheny, and Ohio. The fleet is named after the city of Pittsburgh, which in earlier times was known as the "Gateway to the West". The original riverboat was ''Gateway Clipper'', which set sail in 1958. By the mid-1960s, the fleet was composed of three craft, ''Gateway Clipper'', ''Party Liner'', and ''Good Ship Lollipop''. In 1999 it added its fifth ship. In 2008 the Gateway Clipper Fleet celebrated its 50th year of sailing on the Three Rivers. In 2013, the fleet added its sixth ship, the all-steel classic paddle wheel ''Three Rivers Queen''. Today there are six ships in the fleet: The Gateway Clipper Fleet offers many types of cruises, from sightseeing cruises and day trips for school groups to party and formal dinner cruises including wedding receptions. Shuttle service to PNC Park and He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President (1924 Steamboat)
''President'' is a steamboat that currently lies dismantled in Effingham, Illinois. Originally named ''Cincinnati'', it was built in 1924 and is the only remaining "Western Rivers" style sidewheel river excursion steamboat in the United States. She was listed on the National Register of Historic Places and declared a National Historic Landmark in 1989, although these designations were revoked in 2011. Her home ports have been Cincinnati, Ohio; New Orleans, Louisiana; Vicksburg, Mississippi; St. Louis, Missouri; and Davenport, Iowa. History Built in 1924 by the Midland Barge Company for John W. Hubbard of Pittsburgh and then known as ''Cincinnati'', she was originally planned as an overnight packet boat which carried passengers and freight from Cincinnati, Ohio, to Louisville, Kentucky during the summer. Once the hull was in Cincinnati, the owners expanded the passenger capacity by building two cabin-decks. The operators, Louisville & Cincinnati Packet Company, ran excursions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Davenport, Iowa
Davenport is a city in and the county seat of Scott County, Iowa, United States. Located along the Mississippi River on the eastern border of the state, it is the largest of the Quad Cities, a metropolitan area with a population of 384,324 and a combined statistical area population of 474,019, ranking as the 147th-largest MSA and 91st-largest CSA in the nation. According to the 2020 census, the city had a population of 101,724, making it Iowa's third-largest city. Davenport was founded on May 14, 1836, by Antoine Le Claire and was named for his friend George Davenport, a former English sailor who served in the U.S. Army during the War of 1812, served as a supplier Fort Armstrong, worked as a fur trader with the American Fur Company, and was appointed a quartermaster with the rank of colonel during the Black Hawk War. The city is prone to frequent flooding due to its location on the Mississippi River. There are two main universities: St. Ambrose University and Palmer College of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chapter 11
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into " ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Casino Broadwater Resort
The President Casino Broadwater Resort was a combined casino and resort that was located in Biloxi, Mississippi. It was a fixture on the Mississippi Gulf Coast for over 60 years. Originally known as the Broadwater Beach Hotel and Broadwater Beach Resort, it opened in 1939 as a venue for the illegal but tacitly approved gambling that was flourishing along the coast. In the late 1950s and 1960s, the gambling stopped and the facility was renovated and re-purposed as a resort destination with a state-of-the-art marina and other amenities. In its heyday the Broadwater Beach Resort hosted movie stars, leading politicians, and top business figures as well as people on vacation. It became the Gulf Coast's flagship resort and its colorfully lit front sign was iconic. In 1992, President Casinos gained control of the facility, and after changing the name, added a riverboat casino and barge. The casino had a successful niche following among lower-end gamblers, but the problems of t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biloxi, Mississippi
Biloxi ( ; ) is a city in and one of two county seats of Harrison County, Mississippi, United States (the other being the adjacent city of Gulfport). The 2010 United States Census recorded the population as 44,054 and in 2019 the estimated population was 46,212. The area's first European settlers were French colonists. The city is part of the Gulfport–Biloxi metropolitan area and the Gulfport–Biloxi–Pascagoula, MS Combined Statistical Area. Prior to Hurricane Katrina, Biloxi was the third-largest city in Mississippi, behind Jackson and Gulfport. Due to the widespread destruction and flooding, many refugees left the city. Post-Katrina, the population of Biloxi decreased, and it became the fifth-largest city in the state, being surpassed by Hattiesburg and Southaven. The beachfront of Biloxi lies directly on the Mississippi Sound, with barrier islands scattered off the coast and into the Gulf of Mexico. Keesler Air Force Base lies within the city and is home to the 81st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadwater Development LLC
Broadwater Development is a casino holding company that is privately owned by Roy Anderson III, owner of Roy Anderson Corporation construction company, W.C. "Cotton" Fore, president of Gulfport-based W.C. Fore Trucking Inc., and Miami-based Dezer Development Group. History On January 20, 2005, the company won a bid for the President Casino Broadwater Resort for $82 million in a bankruptcy Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor ... action. Foxwoods Development abandoned plans to purchase of land from Broadwater for a casino on April 26, 2006. In June 2020, the company announced an agreement with Dakia Entertainment Hospitality to develop a $1.2 billion, 266-acre entertainment facility by summer 2023 in Biloxi, MI. References Gambling companies of the United States ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pinnacle Entertainment
Pinnacle Entertainment, Inc. was an American gambling and hospitality company. It was acquired by Penn National Gaming in 2018. At the time of acquisition, it operated sixteen casino properties, located in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, Pennsylvania, and Ohio, and a horse track in Texas. History Pinnacle Entertainment traced its roots to June 10, 1938, when movie mogul Jack L. Warner opened the Hollywood Park Turf Club racetrack in Inglewood, California. The original shareholders included Hollywood figures such as Walt Disney, Mervyn LeRoy and Bing Crosby. The company was incorporated and renamed in 1981 as Hollywood Park Realty Enterprises. It was renamed as Hollywood Park, Inc. in 1992. After many years in the horse racing business, the company began a transformation into a casino operator. In 1997, the company acquired Boomtown, Inc. and its three casinos in Nevada, Louisiana and Mississippi for $188 million. In 1998, it acquired Casino ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President Casino Laclede's Landing
President Casino Laclede's Landing was a stationary riverboat casino in Saint Louis, Missouri owned by Pinnacle Entertainment. History The President Casino opened in 1994 on the SS ''Admiral'' shortly after Missouri legalized riverboat casinos. When it opened, it included 100 table games and 150 video poker machines within its 70,000 square feet of gaming space, as early gaming regulations required games to be of skill. It was owned by the now-defunct President Casinos which had other riverboat casinos in the mid-1990s. Isle of Capri Casinos attempted to buy the President Casino unsuccessfully, but later, Pinnacle Entertainment bought the property for $46 million. The deal, completed on December 21, 2006, occurred at the same time Pinnacle was building its Lumière Place casino just adjacent to the President. The casino was part of Pinnacle's two-casino Lumiere Place complex at Laclede's Landing (although Pinnacle in 2008 was reported to be considering moving it north to the C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Isle Of Capri Casinos
Isle of Capri Casinos, Inc. was a gaming company headquartered in Creve Coeur, Missouri in Greater St. Louis which operated casinos and associated entertainment and lodging facilities in the United States. It operated 15 casinos in seven states across the U.S., Isle of Capri properties have nearly 13 million visitors each year. These properties have a total of about 14,000 slot machines, 350 table games, 2,300 hotel rooms; and three dozen restaurants. History The company was founded in 1990 by Bernard Goldstein as Kana Corporation. In April 1992, it was renamed Anubis II Corporation. In June 1992, it was renamed again to Casino America, Inc. and began trading on the NASDAQ under the ticker symbol CSNO. In 1995 it announced a move to trade to the New York Stock Exchange but that did not happen. In September 1998, it became Isle of Capri Casinos, Inc. and changed its ticker symbol to "ISLE." The company opened its first casino on August 1, 1992, as a publicly traded corporation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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