Some problems ahead though for the $149 million buyout that includes Tunica & Black Hawk properties in addition to the L.V. Downtown casino. Fitzgeralds goes into Chapter 363 Bankruptcy protection and the buyer, Majestic Investor LLC is a subsidiary of Majestic Star, a casino owned by high roller and Black multimillionaire, Don Barden [he along with Michael Jackson made an effort to buy the DI].Barden 1) has no Nevada Gaming license and 2) was denied a Detroit city license to operate a casino there. Fun times ahead, lads and lasses. Get those Fitzgerald Chips while they last. The deal will not include the Reno property.