Welcome

Thank you for visiting paducahsun.com, the online home of The Paducah Sun.

Calendar
June 2012
S M T W T F S
27 28 29 30 31 01 02

Click here to submit an event.

Retired Illinois casino boat fetches $600,000 at auction

Associated Press

WOOD RIVER, Ill. - The former riverboat that once served as the Casino Queen along East St. Louis' Mississippi River banks is under new ownership after being sold at auction for $600,000.

A federal marshal who led the auction Friday took 14 bids from three people who vied for the White Star One before the vessel was bought by a Florida man who is a former shipyard owner and has riverfront properties in Kentucky.

The auction lasted just five minutes and opened with a $200,000 bid.

Gerald Smallwood, who represented the Florida buyer, said it was not immediately clear what plans that man has for the barge, which has languished since the Casino Queen operation moved inland a few years ago.

Steve Parbs, who as one of the bidders owns the Industrial Trading Group of St. Louis, said after the auction he had planned to scrap the boat - something he had done previously with another one-time St. Louis riverfront gambling icon, the Admiral.

Parbs, whose company specializes in industrial demolition and the salvage of barges and ships, estimated that White Star One could be worth $1 million dismantled. The vessel last year was appraised at roughly $1.5 million.

Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha 17d66b4dec7d4b0d9a3147d74aeb67da
Top Classifieds
  • RUNNING, fixable, junk vehicles, equi ... Details
  • PILLOWTOP Mattress Sets, NEW in plast ... Details
  • 2-2015 CMAMusic Fest Tickets June 11- ... Details
  • SEEING is believing! Don't buy p ... Details
  • 3BR/1BA brick home/3.8 acres, 2424 Gr ... Details
  • BASEMENT home- 550 Oak Valley Rd - Ma ... Details
  • New Custom Homes Marshall Co. Low 2&a ... Details
  • Nissan Rogue '12 SV AWD Loaded 3 ... Details
  • '01 Soft Tail Harley Excellent C ... Details
  • 18' 8" BASS TRACKER PRO -90 ... Details
  • BIG JOE'S BACKHOESERVICE Install ... Details
  • 1989 Tracker Pro 17 w/ 40Hp $2,800Evi ... Details
This Week In Photos
Most Popular
  1. Actors reach new heights in 'Mary Poppins'
  2. Suspect sought as fugitive
  3. Pentagon chief critizies China's land reclamation
  1. Man, teen girl detained on I-24
  2. Obama: Some senators stalling Patriot Act bill
  3. McCracken District Court
  1. Actors reach new heights in 'Mary Poppins'
  2. Suspect sought as fugitive
  3. Pentagon chief critizies China's land reclamation
Discussion

Check out these recently discussed stories and voice your opinion...