279:. The company had assumed management of the casino and licensed the Fitzgeralds name to what had previously been the 101 Main Street Casino. Fitzgeralds Gaming bought a 22 percent interest in the casino in February 1996 for $ 2.5 million, and then bought the remaining 78 percent in August 1997 for $ 27 million.
200:
In
December 1986, Lincoln Management exercised an option to buy Fitzgeralds from Meta Fitzgerald for $ 26 million. On the same day, the company also assumed management of the Nevada Club, a nearby casino also owned by Fitzgerald; the property was closed briefly before reopening under the company's
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Meanwhile, Fitzgeralds disposed of two of its smaller properties. The company closed
Harolds Club in March 1995 and sold it two months later for $ 8.9 million. The Nevada Club was closed in December 1997, and six months later was sold to the neighboring
324:
and disruption from a railroad construction project next to the property. In 2003, the casino was taken off the market, and ownership of
Fitzgeralds Gaming was transferred to its creditors, a group of institutional lenders.
305:
In 1999, the company found itself in financial difficulty because of slower than expected growth and stiff competition. It defaulted on payments to bondholders in July 1999, and began negotiating a
1255:
260:. Station was later investigated for improper contact with the president of the gaming commission, and Fitzgeralds sued and received a $ 38 million settlement in 2004.
320:
The agreement with bondholders also called for
Fitzgeralds Reno to be sold. No buyer was readily found, because of concerns about competition from Northern California
1250:
294:, opened on the same day as Fitzgeralds Black Hawk. Fitzgeralds operated the casino until 1998, when the tribe bought out the management agreement for $ 8 million.
193:
under a contract with the casino's owner, Meta
Fitzgerald. Fitzgerald had operated the property since the 1981 death of her husband, the casino's founder,
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for $ 149 million, and for bondholders to forgive much of the company's remaining $ 205 million in public debt. The plan was filed in
December 2000 as a
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241:. Fitzgeralds Tunica opened in June 1994, at a cost of $ 46 million. A hotel was added to the casino in 1996 at a cost of $ 34 million.
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309:. A deal was ultimately reached for the company to sell three of its casinos (Las Vegas, Tunica, and Black Hawk) to Indiana-based
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In 1988, Lincoln
Management bought Harolds Club from the Summa Corporation, and also acquired the Nevada Club from Fitzgerald.
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to purchase the property from Dalitz. The
Sundance was rebranded under the Fitzgeralds name in March 1988.
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In 1994, Lincoln
Management was reorganized as Fitzgeralds Gaming Corp. in preparation for a potential
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and to manage the casino. Before opening, however, the tribe opted instead to self-manage the casino.
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Fitzgeralds Reno was finally sold in
November 2007 to L3 Development, developer of the neighboring
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Also in December 1986, the company expanded into Southern Nevada, taking over management of the
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was founded in 1984 by Philip Griffith and several other former casino executives of the
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In May 1993, the company received preliminary approval for a casino to be built near
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981:(Report). Fitzgeralds Gaming. March 31, 1997. p. F-30 – via EDGAR.
920:(Report). Fitzgeralds Gaming. March 31, 1998. p. F-16 – via EDGAR.
244:
In 1993, the company made a bid for the last available gaming license in the
1192:(Press release). L3 Development. November 1, 2007 – via BusinessWire.
435:
The Rise Of The Biggest Little City: An Encyclopedic History Of Reno Gaming
948:(Report). Fitzgeralds Gaming. March 30, 1999. p. 9 – via EDGAR.
934:(Report). Fitzgeralds Gaming. March 31, 1997. p. 2 – via EDGAR.
906:(Report). Fitzgeralds Gaming. March 31, 1997. p. 9 – via EDGAR.
756:(Report). Fitzgeralds Gaming. March 31, 1998. p. 5 – via EDGAR.
146:
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condominiums, leaving Fitzgeralds Gaming with no remaining operations.
317:
case. The sale of the three properties was completed in December 2001.
157:, that operated four casinos under the Fitzgeralds brand. It filed for
51:
216:. The following year, Lincoln's principals partnered with members of
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197:. The new company's management agreement took effect in April 1985.
189:
in Las Vegas. It was formed to assume the management of the nearby
1190:"L3 Development completes purchase of Fitzgeralds Casino/Hotel"
161:
in December 2000, and subsequently sold all its properties.
1032:"Fitzgeralds pumps funds into casinos, restructuring debt"
275:
In May 1995, the company opened Fitzgeralds Black Hawk in
701:(Report). March 31, 1997. p. 11 – via EDGAR.
1110:"New owners at Fitzgeralds; Indiana firm takes charge"
794:"Station Casinos settles for $ 38 million in Missouri"
1084:"Fitzgeralds in bankruptcy, three casinos being sold"
678:"Oneidas picked a winner to run casino, experts say"
616:"Gaming Commission rules out slots in art galleries"
282:Another casino under the company's management, the
118:
100:
90:
75:
57:
39:
29:
21:
1225:Sunzeri, Jeff. "The Nevada Club." Gold Star. 2016
879:
877:
733:"Gaming choices are just short drive from Memphis"
585:. AP. October 16, 1987 – via Newspapers.com.
579:"After 3 years, gaming panel OKs sale of Sundance"
561:"Fitzgerald's operators to run Sundance in Vegas"
635:"Casino owners miffed, want downtown cleaned up"
403:
401:
226:In April 1993, the company was selected by the
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693:
691:
387:— Reno, Nevada (closed in 1998; sold in 1999)
8:
886:"Fitzgeralds closer to ambition in Colorado"
768:"Suit: Station 'rigged game' to get license"
748:
746:
603:. March 17, 1988 – via Newspapers.com.
523:"Nevada club reopens Tuesday with '40s look"
16:
1129:"Fitzgeralds earnings down in 1st quarter"
438:. University of Nevada Press. p. 51.
248:area, proposing a $ 145 million casino in
15:
1256:Gambling companies disestablished in 2000
1167:"Fitzgeralds gets new owners, management"
1057:"Bankruptcy likely for LV casino company"
994:"Nevada Club shut down ahead of schedule"
1148:"Fitzgeralds proving to be a tough sell"
559:Morrison, Jane Ann (November 26, 1986).
410:"Summa execs resign to run Fitzgerald's"
381:— Reno, Nevada (closed and sold in 1995)
504:"Historic Nevada Club closes its doors"
397:
1251:Gambling companies established in 1981
821:"Fitzgeralds considering going public"
654:"$ 6 million price tag on Nevada Club"
864:"Fitzgeralds cancels public offering"
540:Jerkovich, Roger (February 4, 1987).
461:"Fitzgeralds partners given licenses"
369:Fitzgeralds Casino & Hotel Tunica
7:
1165:Walsh, Thomas J. (August 26, 2003).
819:Robbins, James (December 10, 1994).
684:. Syracuse, NY – via NewsBank.
1203:Riley, Brendan (October 19, 2007).
1146:Walsh, Thomas J. (March 15, 2003).
862:Robbins, James (October 24, 1995).
840:"Fitzgeralds mulls public offering"
739:. Memphis, TN – via NewsBank.
720:. Memphis, TN – via NewsBank.
712:Campbell, Sarah C. (May 25, 1993).
614:Morrison, Jane Ann (May 20, 1988).
1205:"Cashell's son to run Fitzgeralds"
676:Gonzalez, Daniel (June 18, 1993).
652:Stearns, John (February 7, 1996).
408:Voyles, Susan (October 30, 1984).
256:instead, to build what is now the
14:
1266:Defunct companies based in Nevada
1108:Flaum, David (December 7, 2001).
838:Robbins, James (August 3, 1995).
731:Lollar, Michael (July 17, 1994).
714:"Nine Tunica casino sites win OK"
1211:. AP – via Newspapers.com.
633:Voyles, Susan (August 7, 1988).
521:Miller, Ken (January 31, 1987).
478:Anderson, Tim (March 16, 1987).
459:Voyles, Susan (March 22, 1985).
1246:Companies based in Reno, Nevada
1116:. Memphis – via NewsBank.
1011:Stearns, John (June 19, 1999).
884:Stearns, John (March 2, 1996).
502:Miller, Ken (January 1, 1987).
1127:Stearns, John (May 10, 2001).
1055:Strow, David (July 26, 1999).
992:Cox, Don (December 30, 1997).
25:Lincoln Management Corporation
1:
252:. The license was awarded to
201:management in February 1987.
1030:Wilen, John (May 20, 1999).
258:Ameristar Casino Kansas City
230:to assist in developing the
1173:– via Newspapers.com.
1154:– via Newspapers.com.
1135:– via Newspapers.com.
1019:– via Newspapers.com.
1000:– via Newspapers.com.
979:Form 10-K405: Annual Report
967:– via Newspapers.com.
932:Form 10-K405: Annual Report
918:Form 10-K405: Annual Report
904:Form 10-K405: Annual Report
892:– via Newspapers.com.
870:– via Newspapers.com.
846:– via Newspapers.com.
827:– via Newspapers.com.
754:Form 10-K405: Annual Report
699:Form 10-K405: Annual Report
660:– via Newspapers.com.
641:– via Newspapers.com.
622:– via Newspapers.com.
597:"Fitzgeralds to hold fetes"
567:– via Newspapers.com.
548:– via Newspapers.com.
529:– via Newspapers.com.
510:– via Newspapers.com.
486:– via Newspapers.com.
467:– via Newspapers.com.
416:– via Newspapers.com.
149:and hotel company based in
63:; 43 years ago
1282:
1261:Defunct gambling companies
959:Cox, Don (April 1, 1995).
480:"Betting on a turnaround"
341:Fitzgeralds Black Hawk —
1013:"Harrah's comes through"
946:Form 10-K: Annual Report
798:Las Vegas Review-Journal
191:Fitzgeralds Hotel-Casino
270:initial public offering
175:Lincoln Management Inc.
772:Lawrence Journal-World
432:Kling, Dwayne (2010).
315:prepackaged bankruptcy
1114:The Commercial Appeal
961:"Harolds Club closes"
737:The Commercial Appeal
718:The Commercial Appeal
349:Fitzgeralds Las Vegas
292:Yavapai-Apache Nation
250:Sugar Creek, Missouri
218:Oppenheimer & Co.
159:Chapter 11 bankruptcy
95:Chapter 11 bankruptcy
1209:Reno Gazette-Journal
1171:Reno Gazette-Journal
1152:Reno Gazette-Journal
1133:Reno Gazette-Journal
1017:Reno Gazette-Journal
998:Reno Gazette-Journal
965:Reno Gazette-Journal
890:Reno Gazette-Journal
868:Reno Gazette-Journal
844:Reno Gazette-Journal
825:Reno Gazette-Journal
658:Reno Gazette-Journal
639:Reno Gazette-Journal
620:Reno Gazette-Journal
601:Reno Gazette-Journal
583:Reno Gazette-Journal
565:Reno Gazette-Journal
546:Reno Gazette-Journal
527:Reno Gazette-Journal
508:Reno Gazette-Journal
484:Reno Gazette-Journal
465:Reno Gazette-Journal
414:Reno Gazette-Journal
343:Black Hawk, Colorado
311:Majestic Star Casino
277:Black Hawk, Colorado
232:Turning Stone Casino
228:Oneida Indian Nation
181:, who had worked at
373:Tunica, Mississippi
302:for $ 3.8 million.
288:Camp Verde, Arizona
284:Cliff Castle Casino
239:Tunica, Mississippi
18:
1090:. December 6, 2000
800:. 12 February 2004
774:. 22 December 2000
542:"Awaiting opening"
336:List of properties
307:debt restructuring
264:Fitzgeralds Gaming
210:Downtown Las Vegas
195:Lincoln Fitzgerald
170:Lincoln Management
143:Fitzgeralds Gaming
1177:Part 2 of article
850:Part 2 of article
682:The Post-Standard
664:Part 2 of article
490:Part 2 of article
445:978-0-87417-829-6
420:Part 2 of article
353:Las Vegas, Nevada
179:Summa Corporation
140:
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17:Fitzgerald Gaming
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206:Sundance casino
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79:November 2007
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1092:. Retrieved
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379:Harolds Club
363:Reno, Nevada
330:Montage Reno
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187:Sands Casino
183:Harolds Club
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101:Headquarters
30:Company type
385:Nevada Club
246:Kansas City
48:Hospitality
1240:Categories
1094:2018-06-18
1066:2018-06-18
1041:2018-06-18
804:12 October
778:12 October
392:References
214:Moe Dalitz
119:Products
40:Industry
22:Formerly
165:History
135:Resorts
123:Casinos
81: (
76:Defunct
66: (
58:Founded
52:Tourism
1229:
442:
155:Nevada
147:gaming
145:was a
127:Hotels
109:Nevada
44:Gaming
34:Public
1227:ISBN
806:2011
780:2011
440:ISBN
151:Reno
113:U.S.
105:Reno
91:Fate
68:1981
61:1981
286:in
208:in
1242::
1207:.
1169:.
1150:.
1131:.
1112:.
1086:.
1075:^
1059:.
1034:.
1015:.
996:.
963:.
888:.
876:^
866:.
842:.
823:.
796:.
770:.
745:^
735:.
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690:^
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599:.
581:.
563:.
544:.
525:.
506:.
482:.
463:.
412:.
400:^
371:—
361:—
351:—
153:,
133:,
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125:,
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107:,
50:,
46:,
1179:)
1175:(
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848:(
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418:(
85:)
70:)
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