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News - Page 1094

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Explosive device found near California casino

News brief: The Red Hawk Casino was closed for a short time after deputies found an explosive device during a traffic stop near the casino.

MGM Mirage borrows from credit

Three credit rating services devalued the company's bonds after the announcement and MGM Mirage's stock prices hit an all-time low.

Developer eyes Spanish casino in rural Beatty

Ed Ringle wants to build the first fully themed Spanish-speaking hotel-casino that caters to the family market.

Two get jail in Borgata gambling ring case

News brief: Two men were sentenced to a maximum of five years in prison for their roles in an illegal sports-betting ring at Borgata Casino Hotel & Spa in Atlantic City.

Gaming stocks sink to 2003 levels

The average stock price of nine casino operators and slot machine manufacturers dropped in value during the month.

Mohegan Sun and Foxwoods downgraded

News brief: The credit ratings for Connecticut's two major casinos were downgraded by Standard & Poor’s and Moody’s Investors Service.

Indiana community leaders view casino as a "threat"

News brief: Fort Wayne business, community and religious leaders are calling a proposed casino a "threat to the community."

Thousands celebrate opening of new Vegas resort

Over 4,000 guests attended the opening party for the M Resort, which will employ 1,800 people.

Ohio poker players pumped for legal room

News brief: A legal poker room has opened just outside of Toledo over the Michigan state line in Temperance.

Maryland race track wants slots bid allowed

News brief: Maryland's state government disqualified a slots bid from Laurel Park because the track did not pay a required $28.5 million application fee.

Atlantic City comps harder to come by

News brief: Promotional expenses were down 5 percent to $1.55 billion compared to $1.63 billion in 2007, according to the New Jersey Casino Control Commission.

Possible Station buy overshadows Boyd net loss

Boyd Gaming reported a $220.8 million net loss earlier in the week but stocks were up over rumors of the company buying a large portion of Station Casinos.

Cornel Cimpan wins L.A. Poker Classic

News brief: Chris "Jesus" Ferguson finished in sixth place in the WPT tournament while Cimpan took home a first prize of $1,686,760.

McCarran passenger traffic continues to plummet

Traffic to the Las Vegas airport fell 15.7 percent with four out of the top five airlines posting decreases.

No slots for Michigan race tracks

News brief: A federal judge rejected a bid by Michigan horse tracks to overturn an initiative that prevents the tracks from installing slot machines.

Crown exits bid for casino license

The sister or Crown Ltd. Chairman James Packer and three investors have dropped out of pursuing a gaming license in Pennsylvania.

Caretaker gambles away $770,000 from patient

News brief: A nursing assistant has been accused of supporting her gambling habit by stealing more than $770,000 from a woman she was caring for.

U.S. could reap billions from online gambling

News brief: A study by PricewaterhouseCoopers said that the United States could raise $52 billion in revenue over the next decade by legalizing and taxing online gaming.

Cavs owner hopes to bring gambling to Ohio

News brief: Cleveland Cavaliers owner Dan Gilbert is pushing a proposal that would put casinos in Cleveland, Toledo, Columbus and Cincinnati.

Milwaukee's Best Light named official WSOP sponsor

This is the fourth year Milwaukee’s Best Light has been named the official beer sponsor of the World Series of Poker.

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