AP NEWS

Company to acquire Mardi Gras Casino

January 19, 2018 GMT

CROSS LANES, W.Va. — A Buffalo, New York, hospitality company says it has reached an agreement to acquire Mardi Gras Casino & Resort in Cross Lanes.

Delaware North, which owns and operates the casino-racetrack in Wheeling and a wide range of other hospitality businesses, announced Thursday in a news release that it has signed an agreement with Hartman & Tyner Inc. to purchase the casino and resort.

Terms of the purchase agreement are not being disclosed, according to the news release. The purchase agreement is subject to the approval of the West Virginia Racing Commission and West Virginia Lottery Commission.

Mardi Gras, located near the Cross Lanes exit of Interstate 64, features table games, a poker room, slot machines, live greyhound racing, and off-track betting for both greyhound and horse racing. It also features several restaurants and a 150-room hotel. The track expanded its casino offerings in 2008, as casino gambling was legalized in 2007.

“As a successful family-run company with a long history of operating exceptional gaming and entertainment venues, including in West Virginia, we’re excited about operating a second casino resort in the state and expanding our portfolio of gaming assets,” Brian Hansberry, president of Delaware North’s gaming business, said in the prepared statement. “We look forward to working with Hartman & Tyner and their employees at Mardi Gras toward a smooth transition and in becoming part of the greater Charleston community.”

Delaware North is one of the largest privately held companies in the country and provides concessions, dining, entertainment, lodging and retail management services at sports stadiums, entertainment complexes, parks, airports and casinos. Delaware North’s Wheeling Island Hotel-Casino-Racetrack offers table games, a poker room, 1,100 slot machines, 151-room hotel, live greyhound racing, a fine-dining restaurant, buffet, 1,000-seat showroom, meeting and banquet services and a gift shop. The company also has gaming and entertainment locations in as New York, Arizona, Florida, and Illinois.

Hansberry said Hartman & Tyner has taken great pride in Mardi Gras and has been a successful operator for many years, making the property an appealing acquisition.