DEBARTOLO ENTERTAINMENT FOCUSING ON LEGALIZED GAMBLING
Published April 11, 1997
49ers Owner EDDIE DEBARTOLO JR.'s business ventures are examined by Matier & Ross of the S.F. CHRONICLE. Last month, DeBartolo Entertainment, and the Hollywood Casino Corp., owners of the Sands Hotel & Casino in Atlantic City, won a license for a $194M riverboat gambling and entertainment complex near Shreveport, LA. Other DeBartolo Entertainment plans on the "drawing board" include: A $300M gambling resort in Henderson, NV; a Niagara Falls, NY, hotel, entertainment center and casino; a hotel in downtown New Orleans across the street from Harrah's Casino; and a cardroom in Palm Springs, "where DeBartolo is teamed up with Hollywood Park." 49ers President Carmen Policy says that DeBartolo's interest "is not in gambling, per se. Any entity in which he is involved ... is as a passive investor, and/or as the developer of the retail aspect of the operation" (S.F. CHRONICLE, 4/11).