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West Virginia Casino To Exchange Hands

Delaware North Adds Second WV Casino To Its Portfolio

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Mardi Gras Poker RoomA gaming company is doubling down on its offerings in West Virginia.

As the state debates the merits of online gambling and also prepares for legal sports betting should the U.S. Supreme Court allow it, New York-based Delaware North announced last week that it has agreed to acquire the Mardi Gras Casino & Resort in Nitro, W.V. for an undisclosed price. The casino is home to 24 poker tables.

Delaware North already owns the Wheeling Island racetrack and casino, located on the Ohio border. That casino has a nine-table poker room. The Mardi Gras acquisition will give the company a casino located about 15 miles west of Charleston.

West Virginia has five casinos altogether. They have struggled collectively thanks to beefed-up gambling industries in neighboring states, especially in Maryland.

The purchase is subject to the approval of the West Virginia Racing Commission and West Virginia Lottery Commission, Delaware North said in the news release.

“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,” said Brian Hansberry, president of Delaware North’s gaming business. The firm also owns and operates gaming and entertainment venues in New York, Florida, Illinois, Ohio, Arkansas and Arizona.

The previous owners of the Mardi Gras Casino are Hartman & Tyner Inc. The group said in a statement that it decided to refocus on its holdings elsewhere.

“After the death of one of its principles, Hartman & Tyner has decided to focus on its core business of multifamily real estate in Michigan," the group said. “It has been a privilege and a pleasure to operate in this great community for over 25 years.”