Kerasotes was born in Springfield and obtained his business degree from the University of Illinois; in 1947 he married his wife Marjorie. Between 1935 and 1937 he also studied at the University of Illinois, Champaign-Urbana, Illinois.
From 1933 Kerasotes worked alongside his brothers (Nicholas, Louis and John) and his father, Gus Kerasotes, and his uncle Louis Kerasotes, in the movie theatre business, working for Kerasotes Theatres. From 1935 he was the president of the company. During his time with the business he helped to bring the operation from three local theaters to 225 Midwestern theatres. However, in 1985, he started his own company to form his own business, George Kerasotes Corp as well as GKC Theatres Inc, which took ownership of 75 theatres formerly owned by his father. This then expanded to include the former Butterfield Theaters in Michigan and the McLendon Theaters in Texas. Both companies now rank amongst the US’s top 20 theatre chains. 
Kerasotes organised one of the first theatre owner’s associations in 1947; they were called the United Theatre Owners of Illinois.From 1959-1960 Kerasotes was the president of the Theatre Owners of America and he served as the chairman of the board there from 1960-1962. He also worked closely with the National Association of Theatre Owners during the following years.Kerasotes also served on the Motion Pictures Association Code Authority.
During his career Kerasotes was also a director of the Hellenic Golf Classic, Will Rogers Memorial Hospital and the Pioneers of America. He won the Will Rogers Outstanding Service Award in 1981 and the Variety Golden Heart Award in 1964.
Kerasotes died at the age of 89 after being diagnosed with Alzheimers. His funeral was held at St. Anthony’s Hellenic Greek Orthodox Church, Springfield, Illinois, which he helped to build and served as a director for.
George Gus Kerasotes of Springfield Illinois born March 27, 1911 at noon and died March 15, 2001 at noon. He was an American Theatre Owner and the former head of the Theatre Owners of America and the National Association of Theatre Owners of America also known as NATO with the permission of the then President of The United States, Richard Milhous Nixon. George Gus Kerasotes was born in Springfield Illinois at 517 East Miller Street at noon. He obtained his business degrees from the University of Illinois Champaign-Urbana Illinois from 1935 to 1937. On December 27, 1947 he married his wife Marjorie Marie Rourke. From 1937 he worked alongside his brothers Nicholas, Anthony, Louis and John. He and his father, Gus Kerasotes and his uncle Louis started the new corporation Kerasotes Illinois Theatres, Inc. in Springfield Illinois. Kerasotes Theatres, Inc. was the Parent Corporation. He was The President of the Companies until he left it to start his own new corporation GKC Theatres. Robert Anthony Kerasotes was President for a while before his death in April 26h 1999 and George was CEO and Michael Patrick Kerasotes was executive vice president until he was bought out. During his career Mr. Kerasotes was also The Director of The Hellenic Golf Classic Tournament to his death. The next venture was Will Rogers Memorial Hospital of Los Angeles. This was followed by The Walter Reade Jr. Hospital in New York, New York. Before that he organized The Motion Picture Pioneers of America and incorporated it and the Motion Picture Codes of American and The World. He won various and assundry awards including the Golden Heart Award of The Pioneers of America and The World; The Golden Heart Award of Variety International; The ShowWester Award of The National Association of America and The World; and the Will Rogers Outstanding Service Award.
- ^ a b c d e f g h Matthew Dietrich (March 17, 2001). “George Kerasotes dies at 89 ;Movie theatre owner respected nationally”. The State Journal-Register.
- ^ a b c d Dan Craft (March 29, 2001). “Parallel lives, parallel histories”. The Pantagraph.
- ^ a b c d “OBITUARIES”. The State Journal-Register. March 17, 2001.
- ^ a b c d e Natalie Boehme (April 28, 1999). “Get the picture? The Kerasotes family did”. The State Journal-Register.
- ^ “CARMIKE PLANS TO BUY MIDWEST THEATRE CHAIN;$66 MILLION DEAL FOR GKC THEATRES TO CLOSE IN MAY”. Columbus Ledger-Enquirer. APRIL 20, 2005.