News - Page 1696

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.

Scientific Games plans to offer $200 million aggregate original principal amount of senior subordinated notes in a private offering to qualified institutional buyers .

News Brief: In the largest seizure of the year, Brownville police confiscated 92 video gambling machines at the Palace Arcade.

Behind a massive construction wall wedged between an Elton John retail store and the sports book at Caesars Palace, a short-lived legacy is methodically torn down in time for a polished, adults-only image to emerge by the end of the year.

Ten Strip resort rooftops will become launching pads for fireworks on New Year's Eve for what is being called the largest pyrotechnic show in the city's history.

Tennessee's HOPE scholarship program gave out fewer grants in its first year than state officials had expected.

News Brief: A trial judge agreed Monday to remove 15 county elections supervisors as defendants in a lawsuit filed by opponents of the South Florida slot machine amendment that voters approved on Election Day.

Citing a recent court decision, the Northern Arapaho Tribe is preparing to move ahead with plans to offer high-stakes casino gambling on the Wind River Reservation near Riverton.

News Brief: Indiana Rep. Luke Messer, R-Shelbyville, and Sen. Robert Jackman, R-Milroy, will push pull-tab legislation. Their districts include the Indiana Downs track in Shelby County, which opened in December 2002 but ended with a disappointing first-year loss of about $3.9 million.

News Brief: Missouri gambling regulators decided Monday to fine Ameristar Casino $200,000 because of a malfunction in its progressive slot machines at its St. Charles casino.

Air traffic in Southern Nevada has increased so dramatically this year, it's almost disappointing when a new month's passenger tally fails to top the previous high.

News Brief: A casino worker who came down with bacterial meningitis last week is doing better, according to the Atlantic City Health and Human Services director.

News Brief: Foxwoods Resort Casino's $99 million Rainmaker expansion added its final element this holiday weekend -- a valet parking area that would add 800 spaces to the casino.

News Brief: Lawmakers have drafted a bill that would outlaw electronic bingo, and already it is being assailed by bingo-parlor owners.

VendingData reports that the United States District Court, District of Nevada, granted the Motion for Preliminary Injunction filed by Shuffle Master, Inc. to the extent that the PokerOne shuffler deals pre-set hands of playing cards in the United States.

Beal Bank has provided $100 million in interim financing to Trump Hotels & Casino Resorts, Inc as part of that company's recapitalization plan.

Police have shut down what they said was an illegal gambling club frequented mostly by senior citizens.