Gaming Strategy
Featured Stories
Legal News Financial News Casino Opening and Remodeling News Gaming Industry Executives Search News Subscribe
Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter!
Search Our Archive of Gaming Articles 

Billionaire Perelman Files to Renew New Jersey Casino License Qualification

2 December 2000

ATLANTIC CITY, New Jersey -- Dec. 2, 2000 -- As reported by the Atlantic City PressPus; "Billionaire investor Ronald O. Perelman has asked the Casino Control Commission to renew his qualification for a gaming license, saying he wants the ability to strike quickly should a casino deal arise.

"...Perelman filed his petition with the commission Thursday afternoon, saying he `is considering an investment in the gaming industry.'The commission previously qualified Perelman for a license in July 1995.

"Unlike an actual gaming license, a statement of qualification does not expire, but Perelman wants a fresh OK from the commission.

"...Perelman, 57, is chairman and CEO of MacAndrews & Forbes, a privately held company for what Forbes magazine called his `intertwined financial empire.' Through that entity, Perelman owns 83 percent and is chairman of Revlon Inc.; owns 83 percent and is chairman of Panavision Inc.; owns 28 percent of Sunbeam Corp; and is a director of Marvel Entertainment Corp. and Golden State Bancorp Inc..."

< Gaming News