News - Page 1372

South Point owner Michael Gaughan is a straight shooter. He doesn't waste a lot of words, and what he says, he means.

Morgans Hotel Group signed an agreement in May to buy the Hard Rock Hotel from Peter Morton and will forfeit $50 million if the $770 million deal doesn't close by Feb. 11.

News Brief: Horseshoe Casino $485 million expansion project will replace the riverboat with a floating gambling hall six times its size.

ews Brief: With the Pennsylvania Gaming Control Board prepared to award a license Wednesday, the Pittsburgh Gaming Task Force has asked the board to make the license conditional on improvements to the applicants' plans.

News Brief: The Pocono Downs Mohegan Sun Casino continues to exceed expectations, with as many as 10,000 visitors per day, its owners said.

Rod Smith's final column offering a selection of news and views from inside the industry this week.

Clark County leaders hope the man in charge of the nation's fifth-busiest airport isn't quite ready to give up his parking spot at McCarran International Airport.

The Powerball jackpot for the Wednesday, December 20th drawing will be $53 million with the cash option at $25.9 million.

There was no jackpot winner, so the Mega Millions jackpot is on the move and estimated at $40 million for the Tuesday, December 19, 2006 drawing.

News Brief: The New York Racing Association has sued the state for failing to approve a video lottery terminal casino at Aqueduct, a move that could complicate matters if the state tries to give a different operator its racing franchise.

News Brief: The Indiana General Assembly will consider bills for legalized video gaming machines and slots at racetracks next year.

Rod Smith, the Las Vegas Review-Journal's Gaming Wire editor whose varied 30-year career took him into the fields of economics, politics and business journalism, died Thursday after a two-year battle with cancer.

News Brief: The Long Beach Planning Commission is considering rules for the Mississippi city to use should it decide to zone property for casinos.

ews Brief: Opponents of a casino just east of Gettysburg were distraught when the executive director of the Gaming Control Board told the board Wednesday that only 1,434 petition signatures against the project were received as part of official testimony.

ews Brief: The U.S. Department of the Interior has determined that the proposed casino for Monticello Raceway would have no significant environmental impact, clearing the way for final approval by the governor’s office.

News Brief: Two casino companies in Atlantic City and the New Jersey Transit signed a contract on Thursday, finalizing train service between New York and the second-largest U.S. gambling market, a spokesman for one of the companies said.

News Brief: Horseshoe Casino took in nearly $16.7 million in gross gaming receipts during November to maintain its spot as Iowa's top-grossing casino.

ews Brief: American Indian tribes are awaiting a decision on possible changes to video bingo machines that may lead to million-dollar losses in casino revenues.

Skanska has been named construction manager for the Greektown Hotel and Casino. in Detroit, Michigan

News Brief: With four of the potential casino locations in his district, Councilman Frank DiCicco yesterday urged the Pennsylvania Gaming Control Board to postpone for six months the selection next Wednesday of the two winning applicants.