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News - Page 1607

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Louisiana April Gaming Win: $189 Million

Louisiana's state-licensed casinos took in $189.4 million from gamblers in April, an increase of just under $13 million from the previous April, state police reported Monday.

Players Arrive for Poker Tournament

News Brief: Poker players from throughout the country are expected to arrive in New Orleans this week to play their hand in the first World Series of Poker Circuit tournament at Harrah's New Orleans Casino.

As Deadline Nears, 6 Districts Say No to Money from Slots

News Brief: With two weeks until the May 30 deadline for deciding whether to accept slots gambling money in exchange for reduced property taxes, school boards are moving from discussion to action.

Hollywood Casino Bets on New Machines

News Brief: The Hollywood Casino, confined by bankruptcy rules for months, is finally allowed to surge forward and make a large capital investment. The first move: Buy about 250 new video poker and slot machines, worth $3 million.

Maine Racino Plans Face New Opposition

News Brief: A plan for a tribal racetrack casino Down East faced fresh opposition this week with the defection of a state lawmaker from Bangor, where officials have been wary of the plan's propensity to galvanize efforts to outlaw slots.

Wyoming Tribe Plans Casino

News Brief: With any luck, the Wind River Casino will be open by Christmas, according to Northern Arapaho Business Council Chairman Rick Brannan.

Minnesota Casino Bill Vote Delayed

News Brief: Backers of Gov. Tim Pawlenty's plan for putting two state-sponsored casinos at Canterbury Park delayed a vote in a House committee Monday, fueling speculation that they needed more time to round up support for a still-evolving bill.

Tribal Leaders to Speak at East Coast Gaming Congress

The annual East Coast Gaming Congress will include a panel of prominent leaders from tribal casinos who will discuss important casino trends.

Analysis Warns of Gaming's Future

Merrill Lynch is warning that prospects for the gaming industry may be dimming, saying Wall Street recently may have been caught up in a general, but misleading, euphoria about casinos and Las Vegas.

Experts: Florida Courts Unlikely to Bring Slots

News Brief: Legal scholars say going to court is no guarantee that slot machines will arrive in Broward anytime soon.

Poll: Many Undecided About Pennsylvania Slot Bill

News Brief: Hundreds of Pennsylvania school boards remain undecided about a controversial state law that uses slot machine revenue to reduce property taxes.

Poker Winner's Former Wife Takes Cut

News Brief: Poker winner, Kevin Cantwell, has paid $54,000 in child support repayments after his ex-wife heard about his $640,000 poker jackpot windfall.

Owners Plan Lady Luck Renovation

The management company running the Lady Luck casino has purchased the downtown property from its landlord and plans to remodel it in addition to expanding the casino and hotel.

Binion's $10,000 Notes Now Available

Goldline International, Inc. has secured the largest known quantity of the $10,000 notes formerly owned by and displayed at Binion's Horseshoe Casino.

Ho-Chunk Nation President Defends Finances

News Brief: Ho-Chunk Nation President George Lewis acknowledges the tribe last year depleted its cash reserves to a dangerously low level but promises the tribe will take in more than it spends this year and defends his record against tribal critics.

Michigan Casino Proposal Threatened by Possible Lawsuit

News Brief: Supporters of a proposed casino in Allegan County say they are ready to break ground this summer if opponents don't sue the federal government to stop the project.

Seneca Nation Denies Talks

News Brief: The Seneca Nation of Indians claims that reports it has talked to a Las Vegas group about constructing a $350 million gaming and entertainment complex along Buffalo's waterfront are 'unsubstantiated.'

Furniture Showdown: Ready to Rumble

The battle royal of the Barcalounger soon will be under way in Las Vegas, engulfing this community and others on both the East and West coasts in a multibillion-dollar showdown for recognition as the nation's top furniture showcase.

Miwoks in Talks with Los Banos

News Brief: The California Valley Miwok tribe is already in discussions with local officials in Los Banos, where casino Project Manager Gary Ramos said the tribe’s investors had been looking even before announcing plans to scrap a hotel and casino near Hollister.

Minnesota Legislators: Casino Donations Won't Affect Vote

News Brief: Legislators on a House Tax Committee say that the contributions from gambling interests amount to a small share of all the money they raise, wouldn't influence their vote and reflect support for longstanding positions they've taken on gambling.

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