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News - Page 1700

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Anchorage Residents Charged with Running Illegal Lottery

A federal grand jury has indicted 15 people for allegedly running an illegal lottery in stores throughout Anchorage.

Mississippi Casino Revenue Still Down

News Brief: October revenues, which were just under $93.5 million, dropped 4.4 percent from the same period a year ago. The reduction follows a 7.8 decrease in September.

Store Owners, Employees Admit Taking $100,000 Lottery Ticket

The owners of a convenience store and two employees have pleaded guilty to scheming to trick a customer out of his $100,000 Powerball ticket.

Tropicana Casino and Resort Unveils Expansion Project

The Tropicana Casino and Resort has unveiled its $280 million multi- faceted expansion project, The Quarter at Tropicana.

Tropicana Casino and Resort Unveils Expansion Project

The Tropicana Casino and Resort has unveiled its $280 million multi- faceted expansion project, The Quarter at Tropicana.

Resort Builders At Home In LV, Developers Release Details Of Strip Casino Dubbed Cosmopolitan

Webster's New World Dictionary defines the word cosmopolitan to mean someone or something that is "at home in all countries or places."

Heard it on the River

Rudi Schiffer gives us the latest news from the Tunica, Mississippi casinos.

Trump French Lick Casino Goes Ahead

ews Brief: A new Trump casino is anticipated to open in French Lick, Indiana, in January of 2006, despite a bankruptcy filing.

VirtGame Reports Loss Grows

VirtGame reported a net loss applicable to common stockholders for Q3 of $636,689 or $0.02 per share, which compares to a net loss of $307,093 or $0.01 per share in the previous quarter and a loss of $294,227 or $0.01 for the third quarter of 2003.

Club Cal-Neva Signs with VirtGame

VirtGame Corp. reports that Club Cal-Neva has contracted to install VirtGame's Sports Bet Express in all Cal-Neva Race and Sports Book locations.

MGM Mirage Reports Credit Facility Financing

MGM Mirage has entered into a Fourth Amended and Restated Loan Agreement which will provide for a $7.0 billion senior credit facility.

Scientific Games Receives Contract Extension

Scientific Games Corporation reports that the Iowa Lottery has extended the company's online lottery contract.

Inside Gaming Column: Look for Boyd to Join Urban Cowboys

A selection of news and views from inside the industry this week.

Navajo Delegates Object to Tribe Owning Casinos

News Brief: Some Navajo council delegates are objecting to assertions by Navajo Nation officials that the tribe, not the individual chapters, would own the casinos.

Colorado Casino Town Builds Road to Bypass Competition

News Brief: Central City celebrated the coming of a highway that will bring traffic to its casinos and bypass neighboring Black Hawk.

Partnership Names Planned Strip Property

The partnership that is planning a condominium and resort on a U-shaped 8.5-acre parcel near the Jockey Club has announced new details, including the name of the project.

Caesars Sells Another Casino to Columbia Sussex

Caesars Entertainment Inc. has agreed to sell off a second casino to private hotel chain Columbia Sussex Corp. in advance of its acquisition by Harrah's Entertainment Inc.

Lawsuit Pending Involving Former Casino Owner in Edwards Case

News Brief: If the former owner of the Treasure Chest Casino has to pay Louisiana millions of dollars he made in a riverboat licensing scheme involving former Gov. Edwin Edwards, he wants the U.S. government to foot the bill.

Casino Workers Frequently Confused on Card Counters

Jimmy Pine is an animated, stocky former singer with a vague resemblance to Tom Jones and a propensity to gamble.

Indiana Casino Boats Reverse Revenue Slide

News Brief: Southeast Indiana's three riverboat casinos generated $62.3 million in total revenue in October, reversing a two-month revenue slide, according to figures released today by the Indiana Gaming Commission.

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