🍒 History of Players International, Inc. – FundingUniverse

Most Liked Casino Bonuses in the last 7 days 💰

Filter:
Sort:
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

at Merv Griffin's Landing in Metropolis, Illinois (the "Metropolis Complex"), two riverboat casinos in Lake Charles, Louisiana, the Players Riverboat Casino (the.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

market in order to concentrate more on riverboat projects in Lake Charles, La.; Metropolis, Ill.; In recent years, Players and the Oasis hotel-casino, the largest Top Players shareholders, including entertainer Merv Griffin's.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

Lake Charles, Louisiana. While fueling, the dockboy pointed up the bayou, saying that the Merv Griffin Casino [then the Players Riverboat Casino, now the Isle.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

Players International was an Atlantic City, New Jersey-based company which built and Backed by game show impresario and former talk show host Merv Griffin, the company opened the casino in The Metropolis and Lake Charles casinos became Harrah's Metropolis and Harrah's Lake Charles, respectively.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

at Merv Griffin's Landing in Metropolis, Illinois (the "Metropolis Complex"), two riverboat casinos in Lake Charles, Louisiana, the Players Riverboat Casino (the.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

market in order to concentrate more on riverboat projects in Lake Charles, La.; Metropolis, Ill.; In recent years, Players and the Oasis hotel-casino, the largest Top Players shareholders, including entertainer Merv Griffin's.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

Lake Charles, Louisiana. While fueling, the dockboy pointed up the bayou, saying that the Merv Griffin Casino [then the Players Riverboat Casino, now the Isle.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

Players International was an Atlantic City, New Jersey-based company which built and Backed by game show impresario and former talk show host Merv Griffin, the company opened the casino in The Metropolis and Lake Charles casinos became Harrah's Metropolis and Harrah's Lake Charles, respectively.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

Players International was an Atlantic City, New Jersey-based company which built and Backed by game show impresario and former talk show host Merv Griffin, the company opened the casino in The Metropolis and Lake Charles casinos became Harrah's Metropolis and Harrah's Lake Charles, respectively.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

🤑

Software - MORE
CODE5637
Bonus:
Free Spins
Players:
All
WR:
30 xB
Max cash out:
$ 200

Players International was an Atlantic City, New Jersey-based company which built and Backed by game show impresario and former talk show host Merv Griffin, the company opened the casino in The Metropolis and Lake Charles casinos became Harrah's Metropolis and Harrah's Lake Charles, respectively.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
merv griffin casino lake charles

Membership renewals, which ran at over 57 percent, were Players' largest source of income. March saw the opening of a brand new entertainment and gaming facility in Maryland Heights, Missouri, a suburb of St. But Players was not satisfied with expanding its riverboat casino operations. An historical replica of a 19th-century paddlewheeler, the riverboat casino could accommodate 1, passengers as it cruised on the Ohio River. For their business this time, however, the Fishmans were not interested in providing discount travel services to casinos. In December, Howard Goldberg was named chief executive officer, replacing Edward Fishman, who remained chairman of the board. The company hoped to have the new facilities ready by the fall of Despite these additions and improvements, the increasing competition in the gaming industry led to a drop in revenues and a net loss for the company in the year ending March In response, Players decided to eliminate its development activities and to concentrate on operating its existing properties. Lake Charles was located about miles west of New Orleans, near the border with Texas. In , a joint venture, in which Players was a partner, built and opened a room hotel adjacent to the Metropolis facility. With the improving economy came greater competition for the American leisure dollar. All four casinos were on barges moored to an entertainment facility that resembled a turn-of-the-century Missouri riverboat town, containing retail shops, two restaurants, a seat buffet, a child care facility, a seat entertainment lounge, a 10,square-foot convention center, and parking for over 5, vehicles. In December, Players expanded its operations south, into southwestern Louisiana, with the opening of a riverboat casino at Lake Charles, Louisiana. The new boat could handle over passengers. Their interest in the entertainment industry began some 10 years earlier when, in the mids, they created a TV game show, "Dealer's Choice," in Las Vegas. Passengers heading for the riverboat casinos walked through it to board, and could visit one of three new restaurants, a sports bar, and a large gift shop. Carrying the tropical theme established at the Lake Charles Island right into the Maryland Heights casinos, passengers could play the machines and tables amid waterfalls, rockscapes, and palm trees. To attract customers, casino operators had to offer more than gaming tables and slot machines. Called Players Island, the company's two riverboat casinos, with a total of 60, square feet of gaming space, offered 1, slot machines and 75 table games. The smallest of its three riverboat casinos, the three-deck Star Riverboat, offered approximately 21, square feet of air-conditioned gaming space, including slot machines and 47 game tables. The company also leased the Merv Griffin Theatre, a cabaret-style theater, which was located beside the hotel and was used for special events and promotions. Players was responsible for the licensing, operation, and marketing of two of the four casinos, but shared equally in the development and marketing of the hotel, entertainment, and parking properties. The company bought the racetrack for its potential should the Kentucky legislature allow electronic gaming devices at licensed racetracks. Players, with a healthy balance sheet and strong earnings, was in a good position to move in that direction, beginning in Metropolis. Having met Merv Griffin at a blackjack tournament a few years earlier, they went to Merv Griffin Enterprises to negotiate a lease agreement to produce telephone call-in games based on the popular "Jeopardy! While at the resort, they could take advantage of the world class health spa, a lagoon swimming pool complete with waterfall, an hole golf course, tennis courts, a children's arcade, four restaurants, as well as a 40,square-foot casino. In January, Players acquired all the interests in a partnership that owned the Star Riverboat, which had operated on Lake Pontchartrain near New Orleans, and relocated it to Lake Charles, reopening it in April. Another barge contained the ticketing area, a gift shop, restrooms, waiting rooms, and a VIP lounge. James Press, Advertise Here.{/INSERTKEYS}{/PARAGRAPH} By , some two dozen states had casinos. They wanted to get in on the action themselves. As was becoming more common among vying tourist attractions, the two competitors worked together to sell more people on the idea of Lake Charles as a destination. Visitors had the option of staying at the room hotel, in one of four three-room villas, or making use of the unit recreational vehicle facility. In October that year, the company replaced the original Lake Charles riverboat, Players II, with the Players III, a larger, more spacious riverboat, with 29, square feet of gaming space, slot machines, and 62 tables on its three decks. In November, the Missouri Supreme Court overturned a ruling by a lower court that it was legal under the state's gaming act for floating casinos to be located in artificial basins fed by either the Mississippi or Missouri Rivers. Players International decided to concentrate completely on developing riverboat casinos and got out of the call-in games and Players Club activities completely. BusinessWeek cited "its growth prospects, healthy balance sheet, strong earnings, and robust cash flow" as the reasons for the price jump. The two Lake Charles riverboats shared the same docking facilities. In the middle of , they moved into telephone call-in games. Under Louisiana law no gambling was allowed while a riverboat was docked, except for 45 minutes between cruises, and a cruise had to be at least three hours long. The more spacious riverboat casino, with slot machines and 51 table games, helped accommodate the larger numbers of passengers coming to Metropolis on the weekends and holidays. Whereas in , only two states, Nevada and New Jersey, had legalized gambling in casinos, during the beginning of the s several other states began allowing casinos, in hopes of improving local economies as well as increasing state revenues. Leisure travel slumped due to the recession and the war in the Persian Gulf, and the call-in games never produced as expected. Since the riverboat casinos at Maryland Heights are not on the Missouri River, the ruling threatened their existence. In , the Calabasas, California-based company introduced Player's Club, a discount travel service for middle-income recreational gamblers. Illinois was one of the states that had made casino gambling legal, and that was where the company focused its initial efforts. The casino in this replica of a paddlewheel riverboat was larger than that in Metropolis, with approximately 27, square feet of gaming space. The company's belt tightening and shift from developer to operator strengthened its position. However, despite the popularity of Maryland Heights, a cloud hung over it as ended. Meanwhile, the company added more parking in Metropolis, increasing the total number of spaces to 1, In October, Players bought a restaurant barge with plans to renovate it with upgraded buffet facilities, a larger dining room, and a more spacious gift shop. Players continued to expand and improve its facilities during This 60,square-foot floating entertainment area was designed with a tropical theme, complete with lush vegetation, waterfalls, and rockscapes. The track hosted live races each fall. Brothers Edward and David Fishman founded Players International in as an entertainment company and took it public. On the management side of the company, David Fishman retired from the company, having served as secretary since Edward continued to serve as chairman of the board and chief executive officer, and Howard Goldberg, a lawyer who specialized in representing casinos in New Jersey, was named president and chief operating officer. With two boats, the company was able to stagger those three-hour cruise schedules so that each boat was operating up to 24 hours a day, and a boat was almost continually available for boarding and gaming. The company also began exploring other entertainment and gaming options, and within a year was part of a joint venture to operate casinos aboard two cruise ships and had applied for a license to operate a riverboat casino in Illinois. The company also acquired the Downtowner, a room hotel, renaming it the Players Hotel, built a space parking garage, and began plans for a 60,square-foot entertainment island at the Lake Charles docking area. With backing from Merv Griffin, Players opened its first riverboat gambling casino in February , at Metropolis, Illinois, the only riverboat casino operating in southern Illinois. Players also undertook a cooperative marketing campaign with its major competitor there, the Isle of Capri Casino. The Fishmans believed there was a big new market for riverboat casinos in the Midwest, attracting people who would not travel to the gambling operations on the East and West Coasts. The company moved back into the black again. {PARAGRAPH}{INSERTKEYS}Players International, Inc. In June, the company moved on-shore, opening its only land-based entertainment facility, the Players Island Resort, in Mesquite, Nevada. The court ruled that such casinos must be contiguous to the rivers and sent the case back to the trial court for a hearing. Attracting people from the Houston, Texas, area as well as from western Louisiana, the Players Lake Charles Riverboat soon became one of the highest-grossing riverboat casinos in the country. The Maryland Heights complex more than doubled the revenues from the sold Mesquite property and compensated for the continued drop in revenues from the Lake Charles facility due to increased competition. It closed its development department, sold off a corporate airplane and the original Metropolis riverboat, saw the retirement or termination of 21 senior management staff, and began reviewing the growth opportunities of each of its properties. The company's docking facilities, known as Merv Griffin's Landing, consisted of three permanently moored barges. A hotel with rooms completed the facility. During the rest of the year, patrons could watch simulcasts of thoroughbred horse racing events; the track facilities were also leased for special events and activities. Gaming proliferated as additional states legalized casino gambling and more Native American tribes opened casinos on tribal land. They could also watch an animatronics show with a pirate theme. The broadened diversification efforts proved wise. Located right beside Players' existing facility, the hotel had rooms, five restaurants, and over 4, square feet of meeting space. As David Fishman explained in a article in Barron's , the company was going after the "big army of novices who are won over by the first pull on a slot machine. Under an agreement with The Griffin Group, Players had the right to use Merv Griffin's name in connection with these properties through December Griffin, a major shareholder in the company, acted as the public representative for all of Players' riverboat and dockside casinos and provided promotional services, with the Griffin Group receiving a fee and warrants to buy company shares. They had to make their properties tourist attractions in and of themselves. Even though Players Club boasted , members, the Fishmans felt it was time to diversify their business. The company also made money by organizing gaming tournaments for casinos in Las Vegas, Atlantic City, and Monte Carlo, and arranging travel for them, and by acting as a marketing agent for an electronic cash advance system for casinos. Although the games were successful enough to pay for development costs, and despite promotions by Telly Savalas, Players' celebrity spokesman, by the end of the fiscal year in March , Players was in the red. It also acquired a thoroughbred racetrack in Paducah, Kentucky, which it named Players Bluegrass Downs. The third barge was used as a queuing area for people waiting to board the riverboat. The brothers revised their strategy to take advantage of the spread of casino gambling. The Lake Charles riverboat was moved to Metropolis, where it replaced the company's first riverboat casino. A massive salt water aquarium served as a partition wall between the two casinos. Three of its entertainment and gaming facilities center around riverboat casinos: on the Ohio River in Metropolis, Illinois; in Lake Charles, Louisiana; and in Maryland Heights, Missouri. Located about an hour's drive northeast of Las Vegas, the property was marketed as a destination resort with gaming. But riverboats were not all the company bought that year. By the middle of , the company was doing so well its stock price had nearly doubled and there was speculation that Players might be a takeover target.