News - Page 1275
Temecula stands to win big
13 August 2007
News Brief: New deals with four casino-operating Indian tribes ratified last month by California legislators give Temecula officials significantly better odds of getting the Pechanga tribe to ante up millions of dollars to offset the impacts of the casino on the city.
Tribe fails to change gaming law13 August 2007
News Brief: The San Manuel Band of Mission Indians failed to win support last week at a legislative conference in its effort to change U.S. law governing Indian casinos.
Tribe challenges casino negotiations13 August 2007
News Brief: The Rincon Indian band is challenging a long-standing practice in which states ask for cash when negotiating with Indian tribes trying to open or expand casinos.
Penn Gaming to acquire Maryland race track13 August 2007
News Brief: Penn National Gaming Inc., owner of Hollywood Casino in Tunica, has entered into a preliminary agreement to buy Rosecroft Raceway in Fort Washington, Md. from Cloverleaf Enterprises Inc.
Looking in on: Gaming12 August 2007
A selection of news and views from inside the industry this week.
Jeff Simpson notes that earlier predictions didn't factor in tougher lending standards12 August 2007
With casino resort companies doing record-setting business, and six major resort projects under construction on the Strip, it might seem surprising that the biggest business news story in Las Vegas revolves around the slumping real estate market.
River Rock Entertainment Authority appoints new CFO10 August 2007
The River Rock Entertainment Authority, the operator of the River Rock Casino in Sonoma County, California, today announced that Joseph Callahan has been appointed Chief Financial Officer, effective immediately.
Third person dies at CityCenter site10 August 2007
A construction worker was killed Thursday at a Strip construction site when he was cut in half by a counter-weight system used to operate an elevator, authorities said.
Lawsuit filed against Elad Group10 August 2007
Tamares Las Vegas Properties filed a complaint Thursday in Clark County District Court to block Elad Group of New York from using the Plaza name in Las Vegas.
Tax discrepancy led to wider losses at Binion's10 August 2007
Binion's gave back its winnings and then some to the state of Nevada to correct an unemployment tax discrepancy that occurred from March 2005 to December 2006.
Towns await Arizona casino decision10 August 2007
News Brief: Chandler Mayor Boyd Dunn and Councilman Matt Orlando say the city and neighbors need more details from the Gila River Indian community about a planned casino move as a new group of residents mounts opposition.
Developer eyes Sumner county casino10 August 2007
News Brief: After defeat late Tuesday of a proposal that would have allowed a corporate casino in Sedgwick County, Kansas, Chisholm Creek Ventures is moving to the next county over.
Companies join Capital Play team10 August 2007
News Brief: Capital Play Inc. has added the partners Victoria Racing Club and Extell Development Co. to a team that hopes to develop the racing business at the Aqueduct and Belmont Park in New York.
NY tribe protests VLT proposal10 August 2007
News Brief: The Shinnecock Tribal Council is upset that an out of state tribe is being considered to run proposed video lottery terminals at Belmont Park and Aqueduct while they struggle to get their casino approved
Analyst: Reno lagging behind gaming boom10 August 2007
News Brief: The gaming industry is soaring worldwide, but not in Reno, a leading gaming analyst told a group of young Reno business leaders Wednesday.
Pennsylvania casino updates released10 August 2007
Top management from six of Pennsylvania's slot operators appeared before the Gaming Control Board yesterday and reported on the status of construction and updated plans for state-of-the-art permanent gaming venues.
Penn National Gaming to acquire Rosecroft Raceway10 August 2007
Penn National Gaming, Inc. has entered into a binding letter of intent to purchase Rosecroft Raceway in Fort Washington, Maryland from Cloverleaf Enterprises, Inc.
Sedgwick County rejects gaming expansion9 August 2007
News Brief: Lucky seven came through for Sumner County, Kansas, on Tuesday, August 7, when two ballot questions on expanded gaming were voted down in Sedgwick County.
Maine gambling board seeks clarification9 August 2007
News Brief: An attempt to renegotiate its contract by the company hired by Maine to monitor Hollywood Slots at Bangor has caused the state’s Gambling Control Board to question its own authority.
West Virginia track owners pour money into campaign9 August 2007
News Brief: Owners of Tri-State Racetrack and Gaming Center can’t yet say how much they’ve spent on advertising for Saturday’s vote on table games.
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