Gaming token President Riverboat Casino
Scope and Contents
$5 gaming token from inaugural cruise of the President Riverboat Casino on the Mississippi River in April 1991.
Dates
- Creation: 1991
Conditions Governing Access
This collection is open for research.
Conditions Governing Use
Materials are available for use in the Richardson-Sloane Special Collections Center only.
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Biographical / Historical
The company was founded in 1991 by Pittsburgh millionaire John E. Connelly who owned the Gateway Clipper Fleet and SS Admiral. Its riverboat casino The President in Davenport, Iowa which opened in April 1991 was one of the first modern riverboat casinos in the Midwest and South after they started becoming legal. It began trading on NASDAQ in 1992.[1]
On June 20, 2002 President Casinos filed for Chapter 11 bankruptcy. On April 15, 2005 the President Casino Broadwater Resort in Biloxi was sold to Broadwater Development.
On February 24, 2006, Pinnacle Entertainment announced that it would purchase the President Casino Laclede's Landing for $31.5 million. On December 21, 2006, Pinnacle Entertainment completed the purchase of the casino.
It has sold all of its operations since declaring bankruptcy and as of February 2009 is making its final distribution of assets.[2]
The President, Davenport, Iowa was later acquired by Isle of Capri Casinos which subsequently retired. Associated with the casino was the landmark Blackhawk Hotel in downtown Davenport. [accessed 6/22/2020 Wikipedia - https://en.wikipedia.org/wiki/President_Casinos]
Extent
1 items (1 small envelope sleeve)
Language of Materials
English
Physical Location
Range 43 Section 2 [shares box]
Immediate Source of Acquisition
Gift
- Language of description
- English
- Script of description
- Latin
Repository Details
Part of the Richardson-Sloane Special Collections Center Repository
321 Main Street
Davenport IA 52801-1490 United States
specialcollections@davenportlibrary.com