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News - Page 1694

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Former Mirage Employee Sentenced

A federal magistrate judge in New York on Thursday sentenced a former employee of the Mirage to six months of probation for illegally accessing confidential tax information about an individual's earnings.

Casino Planned for New North Las Vegas

A property owner in North Las Vegas on Wednesday received a green light to build a 1,000-room hotel and casino surrounded by mixed-use residential and commercial buildings on a barren swath of land a few miles from the Las Vegas Motor Speedway.

MGM Grand in Detroit Draws Suitors

MGM Mirage said today it may sell its MGM Grand casino in Detroit after receiving several offers from potential buyers.

Trump Will Drop Lawsuit For $500 Million

News Brief; Donald Trump is offering to drop his breach of contract lawsuit against the Eastern Pequot tribe and the casino investors who replaced him in exchange for a half a billion dollars.

New Jersey Assemblyman Touts Sports Betting

News Brief: Although the odds are slim that New Jersey could overcome a federal law prohibiting such wagering, the bill's sponsor, Assemblyman Jeff Van Drew, D-Cape May, Cumberland and Atlantic, says it would be shameful not to try.

Indiana Governor Worried About Trump Casino Deal

News Brief: Gov.-elect Mitch Daniels, who said he's concerned about the financial problems of Donald Trump's casino company, wants the Indiana Gaming Commission to wait before sealing the deal with them to build the state's 11th casino in French Lick.

Station Cuts Off Talk with Activists

The battle between Station Casinos and a cadre of community activists who have fought the company's plans to develop neighborhood casinos in Summerlin and Spring Valley is heating up.

Texas Hold'Em Released on iTV

NTN Hospitality Technologies reports the limited release of a fully interactive, electronic version of Texas Hold 'Em on its North American iTV network.

Mandalay Results, Detroit Rumors Push MGM Mirage Shares Up

News Brief: Blowout numbers from a merger partner and word of a possible sale of a Detroit casino pushed shares of MGM Mirage to a 52-week high early Friday.

VendingData Files to Modify Preliminary Injunction

VendingData Corporation has filed an emergency motion to modify the scope of the Preliminary Injunction issued by the court on November 29, 2004.

MGM Mirage Considering Strategic Alternatives in Detroit

MGM Mirage reports that it was considering various strategic alternatives in connection with operations in Detroit, Michigan.

Pinnacle Entertainment Receives Approval St. Louis Purchase

Pinnacle Entertainment’s board of directors has approved the company's proposed purchase of the Embassy Suites Hotel - St. Louis-Downtown from FelCor Lodging Limited Partnership.

Mandalay Reports Q3 Results Up

For the Q3, Mandalay Resort Group reported net income of $67.1 million, or $.99 per diluted share, compared with $40.6 million, or $.63 per diluted share, in the prior year.

Schwarzenneger Appoints New Gambling Commision Member

News Brief: Governor Arnold Schwarzenegger appointed Edward C. Williams to a postion on the California Gambling Control Commission.

Illinois Schools Finally Received Casino Benefits

News Brief: Local schools are finally starting to receive direct tax benefits from casinos, more than a decade after the first riverboats began cruising the Des Plaines River.

Gambling Machine Makers Flock to Indian Convention

News Brief: The prospect of expanded gambling in Oklahoma has attracted unprecedented interest in this year's Oklahoma Indian Gaming Association's annual convention and trade show.

Questions Surround Gaming Control Board Member's Future

Was Wednesday Scott Scherer's last meeting as a member of the state Gaming Control Board? Maybe. But maybe not.

Autotote Heir Charged with Assault

News Brief: A British music producer filed a civil assault lawsuit Wednesday against Luke Weil, heir to the Autotote gambling equipment fortune, alleging that Weil beat him bloody with a liquor bottle at a birthday party.

Texas Track's Future Depends on VLTs

News Brief: A return to live racing for shuttered Texas racetrack Bandera Downs and the survival of the state’s existing tracks could be jeopardy if the state does not pass legislation to add video lottery terminals gambling, according to officials with Bandera Downs.

Few New Year's Eve Sellouts for Vegas Resorts

Only two Las Vegas resorts are reporting sellouts. Still, most Strip executives are sure their properties will be filled to capacity when the party hits town.

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