Boardwalk Casino acquires control of additional land on the Strip.LAS VEGAS--(BUSINESS WIRE)--Sept. 30, 1996--Boardwalk Casino casino or cassino (both: kəsē`nō). 1 Card game played with a full deck by two to four players. Its origins are obscure though it probably traces back to the Italian game of Scopa. Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BWLK) Monday Monday: see week. announced that it has entered into a land lease -- with option to buy -- for a one-acre parcel of land. The parcel is located north of, and adjacent to, Boardwalk Hotel & Casino. The addition of the property would extend the company's Strip frontage from 437 feet to 587 feet, a 34 percent increase. Boardwalk has begun to plan its next level of expansion and the newly leased land will figure prominently. Terms of the lease were not disclosed. "We are pleased to have this acreage under our control," Forrest For·rest , Nathan Bedford 1821-1877. American Confederate general who was active at the battles of Shiloh (1862) and Chickamauga (1863). He was a founder and the first leader (1866-1869) of the Ku Klux Klan. Woodward, president of Boardwalk Casino Inc., commented. "This site gives us room for future growth at a time when we are just beginning to contemplate expanding our room base and casino size." Boardwalk is currently completing its initial three-phase plan, which triples the number of rooms and doubles the casino size. Boardwalk Casino Inc. currently owns and operates a 654-room hotel -- operating as a Holiday Inn franchise -- and a 33,000-square-foot casino located on Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. Boulevard (the "Strip"). The company's common stock and warrants are traded on NASDAQ under the symbols "BWLK" and "BWLKW," respectively. CONTACT: Boardwalk Casino Inc., Las Vegas Nan McKown, 702/730-3108 702/739-7918 (fax) NMckown670@aol.com (e-mail) http://www.hiboardwalk.com/invest.htm |
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion