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Home > Company Index > Leisure > Gaming Activities > Fair Grounds Corporation

Fair Grounds Corporation
OTC: FGRD
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 PROFILE
If gambling is in your bloodline, you're fair game for Fair Grounds. The company owns and operates Fair Grounds Race Course in New Orleans, one the US's oldest thoroughbred horse racing tracks. It features live racing from Thanksgiving through March. The company also has five off-track betting sites in Louisiana; its affiliate, Finish Line Management, runs five more off-track sites. Fair Grounds operates more than 300 video poker machines at its properties and collects purse supplements from Finish Line's more than 300 gaming machines. During the off-season, Fair Grounds hosts the New Orleans Jazz and Heritage Festival. Chairman Marie Krantz and her son Bryan (president) own nearly three-fourths of the company.

 COMPETITION
The Edward J. DeBartolo Corporation (dossier)
Harrah's Entertainment, Inc. (HET)
Isle of Capri Casinos, Inc. (ISLE)

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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 41.70
1-Yr. Sales Growth: (0.1)%
Employees: 805
Revenue per employee: $51,801.24

 KEY PEOPLE
• Bryan G. Krantz
    CEO
• Gordon M. Robertson
    CFO

 CONTACT INFO
1751 Gentilly Blvd.
New Orleans, LA 70119
US
Phone: 504-944-5515
Fax: 504-944-2511
Online: Web Site

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