On December 21, 2006, Pinnacle Entertainment completed the purchase of the casino. On February 24, 2006, Pinnacle Entertainment announced that it would purchase the President Casino Laclede's Landing for $31.5 million. On April 15, 2005, the President Casino Broadwater Resort in Biloxi was sold to Broadwater Development. On June 20, 2002, President Casinos filed for Chapter 11 bankruptcy. Its riverboat casino The President in Davenport, Iowa, which opened in April 1991, was one of the first modern riverboat casinos in the Midwest and South after they started becoming legal. Connelly, who owned the Gateway Clipper Fleet and SS Admiral. The company was founded in 1991 by Pittsburgh millionaire John E. In the 2000s it went into bankruptcy and had liquidating by the end of the decade. Louis, Missouri that was active in the 1990s. President Casinos was a gaming company and casino operator based in St.
