Grand Casinos
From Wikipedia, the free encyclopedia
| Industry | Gaming |
|---|---|
| Founded | 1990 |
| Defunct | 1998 |
| Fate | Acquired |
| Successor | |
| 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]
Grand Casinos owned a total of 8 casinos in 1995.[citation needed]
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]