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Corporate Profile for Grand Casinos, Inc., dated May 16, 1997.


--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   May 16, 1997

Company Name:     Grand Casinos, Inc.

Address:          130 Cheshire Lane, Minnetonka, MN 55305

Main Telephone
 Number:          612-449-9092

Internet Home
 Page Address
  (URL)           n/a

Chief Executive
 Officer:         Lyle Berman

Chief Financial
 Officer:         Tim Cope

Investor Relations
 Contact:         Lawrence Taylor
 Business number: 612-449-7076
 Home number:     n/a
 e-mail address:  n/a

Public Relations
 Contact:         Jaye Snyder
 Business number: 612-449-8556
 Home number:     n/a
 e-mail address:  n/a

Trading Symbol/
 Exchange:        GND

Industry:         Gaming

Market Makers:    n/a





Company description: Grand Casinos Grand Casinos NYSE: GND was a casino operator that started out managing several casinos in Minnesota in 1990.

The company ceased to exist when it was purchased by Hilton Hotels which then merged it with its other gaming properties to form Park Place Entertainment in
, Inc. has been a publicly traded company publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 since 1991 and is listed on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 under the trading symbol Trading symbol

See: Ticker symbol
 GND GND Ground
GND GIG (Global Information Grid) Network Defense
GND System Ground
GND Circuit Reference (Zero) Voltage Level
GND St Georges/Grenada, Grenada - Pt Saline (Airport Code) 
. The company currently owns and operates the three largest 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.
 hotel resorts in the state of Mississippi, manages two land-based casinos A list of casinos. Antigua and Barbuda
  • St. James's Club Antigua in Mamora Bay
  • Casino Riviera in Runaway Bay
  • Grand Princess Casino in St. John's
  • King's Casino in St.
 in Louisiana, and manages two casino hotel resorts in Minnesota.
                  1996     1996      1996       1996        1996
                   1st      2nd       3rd        4th        Full
                 Quarter   Quarter   Quarter   Quarter      Year
Net Revenues    $103,836  $112,977  $146,725  $126,481    $490,019
Net Earnings     $17,647   $19,408    $3,504 ($141,528)  ($100,969)

                  1997     1997      1997       1997        1997
                   1st      2nd       3rd        4th        Full
                 Quarter   Quarter   Quarter   Quarter      Year
Net Revenues    $142,170
Net Earnings     $14,581




CONTACT: Grand Casinos, Inc.
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 16, 1997
Words:246
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