BNET Industries

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

NAICS Code Casino Hotels: 721120

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