PROFILE |
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The luck of the Irish has been in short supply for Fitzgeralds Gaming. Gary, Indiana-based Majestic Star Casino is buying three of Fitzgeralds' four casinos. The company, which operates three hotel-casinos in Nevada and Mississippi in addition to a stand-alone casino in Colorado, will be left with one hotel-casino in Reno, Nevada. Using the theme "Fitzgeralds Irish Luck" in an effort to promote itself as a national brand, the company caters to middle-market patrons with slot machines (the casinos' main offering) and gaming tables. Food, beverages, and lodging are moderately priced, and customer loyalty programs are offered. Chairman and CEO Philip Griffith owns nearly 62% of Fitzgeralds Gaming.
COMPETITION |
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Isle of Capri Casinos, Inc. (ISLE)
MGM Mirage (MGG)
Mandalay Resort Group (MBG)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 202.40
1-Yr. Sales Growth: (2.3)%
Employees: 3,240
Revenue per employee: $62,469.14
KEY PEOPLE |
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Philip D. Griffith
CEO
Michael E. McPherson
CFO
CONTACT INFO |
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301 Fremont St.
Las Vegas, NV 89101
US
Phone: 702-388-2400
Fax: 702-382-5562
Online: Web Site
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