E. st. Louis, IL--- The 700 employees of the Casino Queen now own the company.

5teamparlay · Dec 30, 2012

http://stlouis.cbslocal.com/2012/12/29/casino-queen-now-employee-owned/

Casino Queen Now*Employee-Owned
December 29, 2012 7:13 PM

EAST ST. LOUIS, Ill. (AP) The 700 employees of the Casino Queen now own the company.

The Casino Queen Hotel and Casino is operating as an employee stock ownership plan following approval last week from the Illinois Gaming Board. The $170 million acquisition creates a trust for the participating employees, who are eligible for shareholder dividends. The employees took on the casino’s $31 million debt as part of the deal.

Casino President Jeff Watson says he knows of no other casino in the nation operating as an ESOP.

The Casino Queen opened in 1993 along the riverfront in East St. Louis. It attracts nearly 2 million visitors a year.

aceduecetrey · Dec 30, 2012

A minority owned casino for sure then. I have been in a few times and do not recall ever seeing a single white person, playing or working for that matter. I personally like the place and have fared well there.