Tom Brosig, the casino executive who made the transition from the former Grand Casinos to Park Place Entertainment Corp., will be realigning his corporate duties, according to an announcement by his company.
Brosig will spend half his time developing Center Circle, a non-profit camp for troubled boys located near Gulfport, Miss., and half his time continuing to lead the development team for Park Places gaming resort project with the St. Regis Mohawk Tribe in New Yorks Catskill Mountains.
"Years ago," explained Brosig, "I committed my money. Now, Im committing my time to what I believe is the most significant thing I could ever do with my life. I am so proud to be part of a company that will allow me to do this, and I will forever be grateful to Park Place and [President and CEO] Tom Gallagher."
In 1990, Brosig was one of the founders, with former Chairman Lyle Berman, of Grand Casinos. The company was sold to Park Place in January 1999 and Brosig moved in as president of the companys Mid-South Region.
Brosig is the founder of Center Circle and has contributed $1.7 million of his personal funds to develop a facility that cares for boys ages 8 to 13 who have run afoul of the criminal justice system.
Former Wall Street gaming analyst W. Bruce Turner, chairman of the board of GTECH Holdings Corp. (GTK), has been appointed a director of Ameristar Casinos Inc. (ASCA). He also was named to the companys audit and compensation committees.
Turner, a West Point graduate who became a highly rated gaming analyst with Salomon Brothers, recently guided GTECH through a difficult period when the companys two top executives resigned. Both positions have since been filled.
Directors of Station Casinos Inc. recently re-elected the companys executive officers. They include: Frank J. Fertitta III, chairman and CEO; Lorenzo J. Fertitta, president; Glenn C. Christenson, executive vice president, CFO and treasurer, and Blake L. Sartini, executive vice president and COO.