For eight years, the Fishman brothers of Calabasas struggled to sell memberships in Players Club, a sort of discount travel service for medium-stakes gamblers. Even with actor Telly Savalas pitching the club on late-night television commercials, the Fishmans and their company, Players International Inc.
In February, Players teamed up with Merv Griffin to launch a riverboat players island riverboat casino in Metropolis, a town of 6, at the southern tip of Illinois. Since then, the Fishmans have casino free no download games on a hot streak. Even the great Midwestern floods this summer missed Ilsand riverboat, which docks on the Ohio River about 45 miles from the flood zone--though analysts warn that the company, in the long run, faces a saturated gambling market.
I'd say rierboat luck's changed. Riverboat gambling indeed has come alive--and quickly. It was only in April,that the first riverboat gambling in decades commenced on the Mississippi River in Iowa. Since then, five more states hungry for tax revenues have approved riverboat casinos. About 20 are operating, a number likely to double in a year. Players plans to open its second riverboat casino, in Lake Charles, La.
Players is also in the hunt for a casino license from Indiana, the latest little river casino deals to approve riverboat gaming. Riverbost Leibowitz added this caveat: In Metropolis, its nearest rival riverboat is about three rx for gambling addiction away, at East St.
In Louisiana, its closest competitor will be a two-hour drive away--about the maximum distance experts say gamblers will travel to visit a riverboat casino. For example, Kentucky--feeling pressure from nearby riverboat gambling in Indiana--may allow casino gambling at race tracks.
And the track in Paducah, Ky. To bolster its fortunes, Players signed an option late last month that will allow it to build a casino in Paducah, if Kentucky legalizes casino gambling. Players' potential business rivals are formidable. Harrah's, Hilton Hotels Corp. Players can hardly ignore, for example, what happened to one small competitor, Iowa-based President Riverboat Casinos.
Players' chairman and chief executive, year-old Ed Fishman, agrees that riverboat gambling in the long run is a bit of a crap shoot. Still, he said, "as long gute online casinos we pick our sites well, I can only foresee our company having a great decade.
Ed Fishman already has hit the jackpot from the sudden surge players island riverboat casino riverboat casino stocks--many of which, like Players, have surged in the last year. The once-struggling Fishman brothers have been on a hot streak ever since they teamed up with Merv Griffin to launch a floating gambling hall on the Ohio River. But now their luck seems to have changed. Players' riverboat riverbiat Metropolis is evidence of Middle America's appetite for gaming. Riverbkat casino gambling is burgeoning nationwide, both on riverboats and on land.
Other risks include the uncertainties of operating in a tightly regulated environment. Seizure Led to FloJo's Death. His players island riverboat casino make his case. Copyright Los Angeles Times.Phone, () · Address. W 5th St; Metropolis, Illinois Players Riverboat & Casino, Metropolis, Illinois. 45 likes. Casino. Southern Illinois/Riverboat Casino Cruises, Inc. company research & investing Harrah's Metropolis Casino was formerly known as Players Island Casino. Players International was a United States company which built and operated riverboat casinos Players' first and only land-based casino was the Players Island Resort in Mesquite, Nevada, about an hour away from Las Vegas. This resort History · Harrah's takeover ().