When the Diamond Lady left Bettendorf, Iowa, April 1, 1991, as the first riverboat casino to set sail in the nation, Bill Gustafson embarked on a journey of his own that he would begin as a security supervisor. Today, four gaming properties and three states later, he is back where it all began in Bettendorf as the senior director of operations at Isle Casino Hotel.
The State of Iowa legalized riverboat gaming in July 1989. Illinois, Mississippi and Colorado entered the race to legalize gaming in 1990 and Louisiana joined the race in 1991. Under the guidance of Bernard Goldstein a new industry was launched April 1, 1991, and Goldstein, who died in 2009, would become known as the “Father of Riverboat Gaming.”
Goldstein went on to found Isle of Capri Casinos Inc. in 1992. Now, the company, which was headquartered on the Mississippi Gulf Coast before relocating to St. Louis, Mo., celebrates the launch of riverboat gaming as one of the largest publicly traded gaming companies in the United States, operating 15 properties from Florida to Colorado and Iowa to Mississippi. Commercial casinos now operate in 13 states, with racetrack casinos legalized in another eight, according to the American Gaming Association’s “2010 State of the States” report.
Source: Isle of Capri Casinos Inc.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info