BNET Industries

Fitzgeralds Hotel and Casino

is in the Travel Industry

Last Fiscal Year Sales:$196.0M

Private
US

Dow Jones Description

The Majestic Star Casino, LLC ("the Company") was formed by Mr. Don Barden in December 1993 to pursue one of two gaming licenses at Buffington Harbor in Gary, Indiana. In June 1996, along with Trump Indiana, both companies opened dockside facilities to take advantage of gaming opportunities in the Chicagoland market, now the third largest gaming market in the United States behind Las Vegas and Atlantic City. In December 2001, the Company grew substantially with the purchase of the Fitzgerald-brand properties in Las Vegas, Tunica, Mississippi (30 miles south of Memphis) and Black Hawk, Colorado (35 miles west of Denver). With these additions, the Company diversified itself into a national gaming company. On December 31, 2003, the Fitzgeralds Las Vegas property was spun out of the Company to Barden Development Inc., the Company's ultimate parent and member, and also owned by Mr. Barden. Fitzgeralds Las Vegas and the Company have entered into an expense sharing agreement in which Fitzgeralds Las Vegas reimburses the Company for certain services provided by the Company. On December 21, 2005, the Company took another step forward by acquiring the Trump facilities at Buffington Harbor. We re-branded Trump Indiana's casino vessel as the Majestic Star II and Trump Indiana's 300 room hotel as the Majestic Star Hotel. At Buffington Harbor, we now have complete ownership of both the Majestic Star and Majestic Star II casino operations, the previously mentioned hotel, the pavilion...

Manager, Chairman, President and Chief Executive Officer

Don Barden

Number of Employees 800

Contact Information

301 Fremont St

Las Vegas, Nevada 89101

www.fitzgeralds...

(702) 388-2400

Peer Companies

NAICS Code Casino Hotels: 721120

Executive Profiles

Decision Makers

Name (plus bio)	Position
Jon S Bennett	Vice President and Chief Financial Officer
Kirk Saylor	Director, Executive Vice President, and Chief Operating Officer
Steven J Lemberg	Director, Executive Vice President of Strategic Initiatives

Board of Directors

Name (plus bio)	Position
Don Barden	Manager, Chairman, President and Chief Executive Officer
Andrew J Warhola	Board of Directors
Cara Brown	Board of Directors
Michelle Sherman	Board of Directors
Patrick R. Cruzen	Board of Directors

Organization	Position	Status
Fitzgeralds Hotel and Casino	Manager, Chairman, President and Chief Executive Officer	Current
Fitzgeralds Hotel and Casino	Owner	Current

Organization	Position	Status
Fitzgeralds Hotel and Casino	Vice President and Chief Financial Officer	Current
Fitzgeralds Hotel and Casino	Senior Vice President, Chief Financial Officer and Treasurer	Current
Fitzgeralds Hotel and Casino	Treasurer	Current
Peppermill Casinos, Inc.	Chief Financial Officer	Former

Organization	Position	Status
Fitzgeralds Hotel and Casino	Director, Executive Vice President, and Chief Operating Officer	Current
Majestic Star Casino LLC	COO & Executive Vice President	Current
Fitzgeralds Black Hawk	Vice President and Chief Operating Officer	Current
Fitzgeralds Mississippi Inc.	Vice President and Chief Operating Officer	Current
Majestic Star Casinos & Hotel	Vice President and Chief Operating Officer	Current
Gaming Market Advisors	Senior Executive, Operations and Finance	Current
Majestic Star Casino LLC	Board of Directors	Current
Bally Technologies, Inc.	Chief Accounting Officer	Former
Olympia Gaming, LLC.	Chief Financial Officer	Former
Bally Technologies, Inc.	Senior Vice President	Former
Golden Nugget	Senior Vice President	Former
Golden Nugget	Financial Reporting Manager	Former
Bally Technologies, Inc.	Corporate Controller	Former
Golden Nugget	Corporate Controller	Former
University of Nevada, Las Vegas	Bachelor's Degree In Business Administration	Former

Organization	Position	Status
Fitzgeralds Hotel and Casino	Director, Executive Vice President of Strategic Initiatives	Current
University of Michigan Business School		Former

Organization	Position	Status
Fitzgeralds Hotel and Casino	Board of Directors	Current
University of Michigan	Degree In Economics	Former

Organization	Position	Status
Fitzgeralds Hotel and Casino	Board of Directors	Current

Michelle R. Sherman has been a Director of the Company since July 9, 2004 and is a member of the board's Compensation Committee. Ms. Sherman also serves as Vice President, Chief Financial Officer and Treasurer of Barden Companies, Inc. ("Barden"). Ms. Sherman has been with Barden for over 13 years, serving Barden in various capacities including accounting, finance, administration, and business development. Ms. Sherman is an officer of many Barden Companies' affiliate entities including BDI for which she serves as Vice President, Treasurer and Secretary.

Organization	Position	Status
Barden Companies Inc.	Chief Financial Officer	Current
Fitzgeralds Hotel and Casino	Board of Directors	Current
Barden Companies Inc.	Treasurer	Current
Barden Companies Inc.	Vice President	Former

Organization	Position	Status
Cruzen & Associates	Chief Executive Officer	Current
Cruzen & Associates	Founder	Current
Cruzen & Associates	Owner	Current
Turtle Island Tribal Gaming, LLC		Current
Canterbury Park Holding Corporation	Chair	Current
Canterbury Park Holding Corporation	Director	Current
Fitzgeralds Hotel and Casino	Board of Directors	Current
Grand Casinos Inc.	President	Former
The Casino Company	President	Former
Grand Casinos Inc.	Chief Operating Officer	Former
MGM Grand	Senior Vice President of Finance and Administration	Former