Entrepreneur Bernard Goldstein dies

Jul 7, 2009 5:10 PM
by Ray Poirier | Bernard Goldstein, a pioneering genius who set the stage for riverboat gambling throughout America, died Sunday, July 5, at the age of 80. He was chairman of Isle of Capri Casinos Inc. (ISLE).

After a 40-year career in the scrap metal and river freight industry, Goldstein shunned retirement in favor of working to improve the economy of the Quad City area of Iowa and Illinois. He lobbied the Iowa legislature to approve riverboat gambling and opened the country’s first riverboat casino, the Diamond Lady in Bettendorf, Iowa.

He later founded Casino America and established the first riverboat in the South, the Isle of Capri Casino in Biloxi, Miss. His Casino America later became the Isle of Capri Casinos Inc., a publicly-traded company.

Goldstein also served as chairman and president of Casino Cruises Inc. which opened and managed the Par-A-Dice Riverboat Casino in Peoria, Illinois.

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