| Business Summary | | JCC
Holding
Company
is
a
casino
and
entertainment
company.
The
Company
operates
a
land-based
casino
entertainment
facility
(the
Casino)
in
downtown
New
Orleans,
Louisiana
at
the
foot
of
Canal
and
Poydras
Streets
on
the
site
of
New
Orleans'
former
Rivergate
convention
center.
The
Casino
consists
of
196,000
square
feet
on
its
first
floor,
100,000
square
feet
of
which
is
gaming
space
in
five
themed
areas
named
The
Jazz
Court,
The
Mardi
Gras
Court,
The
Smuggler's
Court,
The
Court
of
the
Mansion
and
The
Court
of
Good
Fortune.
The
remaining
space
is
used
for
a
food
service
area
with
a
250-seat
buffet,
casino
support
facilities,
and
multi-function,
special
event
and
meeting-room
space.
The
second
floor
of
the
Casino,
which
is
subleased
by
Jazz
Casino
to
JCC
Development,
has
not
yet
been
developed.
On
January
4,
2001,
the
Company
filed
voluntary
petitions
for
relief
under
Chapter
11
of
the
U.S.
Bankruptcy
Code. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | JCC
Holding
Company
is
a
casino
and
entertainment
company,
operating
a
land-based
casino
entertainment
facility
in
downtown
New
Orleans.
For
the
three
months
ended
3/31/01,
net
revenues
increased
5%
to
$63.9
million.
Net
loss
before
extraordinary
item
totaled
$118.5
million,
up
from
$34.8
million.
Revenues
reflect
increased
casino
and
food
and
beverage
revenues.
Net
loss
reflects
the
inclusion
of
a
$100.4
million
reorganization
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Philip Satre, 50 Chairman | -- | Frederick Burford, 49 Pres | $530K | L. Camille Fowler, 44 VP
of Fin., Treasurer and Sec. | 293K | Frederick Keeton, 42 VP-
Gov. Affairs and Community Relations | 190K | Thomas Morgan, 45 VP-
Devel. | 26K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|