BALTIMORE, MD—St. John Properties, known forits conservative investment philosophy, has recently entered thevolatile gaming industry, which at least on the East Coast, is inthe throes of a shakeout.

The locally-based company has recently hired a Nevada-basedcasino executive to manage day-to-day operations and last monthpromoted Vice President Christina M. Berzins torun the new unit as a partner, according to the Baltimore Sun. Thecompany currently has investments in The Reserve Casino and Hotelin Central City, CO and Boomtown Casino and Hotel in Reno, NV.

Berzins says the company's gaming division's approach is to"find the right project, buy it right, add value and grow yourcustomer base."

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.