Saturday, 5 April 2014

Ex-Ill. casino boat fetches $600,000 at auction


The former riverboat that once served as the Casino Queen along East St. Louis' riverfront is under new ownership.


The St. Louis Post-Dispatch (http://bit.ly/1hfJXJ4) reports that federal marshals on Friday auctioned off the vessel called White Star One for $600,000.


There were 14 bids during the sale that lasted just five minutes and opened with a $200,000 bid.


Gerald Smallwood was one of the three bidders and represented a Florida man who had the winning offer. It's not immediately clear what that buyer — a former shipyard owner who owns riverfront properties in Kentucky — plans to do with the vessel.


The White Star has languished since the Casino Queen operation moved inland a few years ago.



Information from: St. Louis Post-Dispatch, http://bit.ly/1kFiuie


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