Full House to buy Fitzgerald’s
In the US, Las Vegas-based Full House Resorts has agreed to buy Fitzgerald's Casino in Tunica, Mississippi, from Majestic Star Casino for $62m.
The deal is expected to be closed in the third quarter of 2014. "This property fits our acquisition strategy perfectly," said Andre Hilliou, chairman and chief executive officer of Full House.
"The property has historically been well run and maintained under the current management team. However, we believe that we can leverage our knowledge and proven track record of managing properties catering to local customers in competitive environments to further improve profitability.”
The casino has 38,000sq.ft of gambling space with 1,100 slot and video poker machines and 20 table games. The property includes a 506-room hotel with 68 suites, a fine dining restaurant, buffet, quick service restaurant, two casino bars and an 8,100sq.ft multi-purpose event centre.
The New York Gaming Facility Location Board has selected three destination gaming resorts to be considered for commercial casino licences by the New York State Gaming Commission.
UK casino operator Rank Group is proposing a bigger venture - with 400 new jobs - if allowed to open in Belfast, Northern Ireland.
The Bermudan House of Assembly has approved new laws opening the island up for the introduction of three casinos, according to media reports.
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