News - Page 1695

News Brief: A former psychiatric patient involved in a 1990 shootout that left two police officers and a social worker wounded lost his bid for a New Jersey gaming license Wednesday, but could still end up working in a casino hotel.

Men the Master, one of the world's most renowned poker players and winner of six World Series of Poker gold bracelets, has signed an endorsement contract with All In Fashion LLC, a new brand of clothing rooted in poker that is being introduced into select stores across the nation this fall.

Scientific Games announce the pricing of its offering of $250.0 million aggregate principal amount of 0.75% convertible senior subordinated debentures due 2024 in a private offering to qualified institutional buyers.

Since no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $145 million.

Sprint reports a new agreement to provide Boyd Gaming with a Nortel Communication Server 1000M IP-enabled telephone switch and dedicated maintenance, making Sprint the company's primary telecommunications provider.

Pinnacle Entertainment, Inc. reports that its riverboat casino has been moved into its permanent position at the L'Auberge du Lac Hotel & Casino site in Lake Charles, Louisiana.

President Casinos, Inc. has amended its $66 million stalking horse asset purchase agreement with Broadwater Properties, LLC to sell certain of its Mississippi properties to establish a new auction date of Thursday, January 20, 2005.

Howard Schwartz reviews three new casino guides including: "2005 American Casino Guide," edited by Steve Bourie, "The Unofficial Guide to Las Vegas" (2005 edition) by Bob Sehlinger and Casino Camping -- the Guide to RV-Friendly Casinos by Jane Kenny.

Prof. I. Nelson Rose: The only form of gambling that can compete against a casino is another casino.

News Brief: A former state legislator was named to the Pennsylvania Gaming Control Board on Wednesday, the first day he became eligible under a state court ruling issued last month.

Edward Garruto, interim general manager of Caesars Indiana, the Midwest's premier riverboat casino resort, has been named general manager of the property.

News Brief: The California commission won't say how many ways tribes in California are calculating net win, but it is clear from commissioners' sworn statements and interviews with tribal regulators that some deduct expenses before calculating what is owed.

The new, $250 million Morongo Casino, Resort & Spa in Cabazon, California has been tapped to host Fox Sports Network's (FSN) second annual Poker Superstars Invitational Tournament, where 24 of the world's top players will compete.

News Brief: L'Anse Creuse bingo, which started about 30 years ago in the school and now operates on Wednesday nights in a rented hall on Gratiot in Chesterfield Township, is one of six licensed by the state to support public schools in Macomb County.

News Brief: Former Detroit Tigers slugger Cecil Fielder sued the Detroit Newspaper Agency and a Detroit News reporter over articles reporting that he lost about $47 million from gambling and bad business decisions.

Tennessee Lottery President Rebecca Paul will take a pay cut next year.

News Brief: Mark Cuban, the outspoken billionaire owner of the NBA's Dallas Mavericks, is planning to start a hedge fund that will literally gamble investors' cash.

News Brief: A south Nashville man is facing indictments after allegedly running an illegal gambling operation from his tanning salon.

Senate Majority Whip Jeff Piccola today expressed his disappointment in Governor Rendell's veto of Senate bill 1209.

Governor Edward G. Rendell today vetoed Senate Bill 1209, arguing that it undermines the ability of the newly established Gaming Control Board to work effectively to implement the provisions of Act 71 and removes important economic benefits originally contained in the Act.