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News - Page 1704

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Louisiana State Casinos Win $178.9 Million

Louisiana's state-licensed casinos won $178.9 million from gamblers in October, up from $163.4 million in October 2003, state police reported Tuesday.

Spectre Gaming Launches Games in California

Spectre Gaming, Inc. has signed an agreement to launch its "Multi-Reel" mechanical games into northern California with its upcoming installation of machines into Gold Country Casino.

Black Oak Expansion Near Completion

The tri-level Black Oak Phase II entertainment facility is scheduled to open the main gaming floor on January 12th and the balance of the property to be fully opened by the end of January, bringing more excitement to all ages and a wealth of benefits to the local economy.

President Casinos Enters into Asset Purchase Agreement with Broadwater

President Casinos, Inc. has entered into a stalking horse asset purchase agreement with Broadwater Properties, LLC to sell certain of its Mississippi properties.

Pinnacle Entertainment Announces Cash Tender Offer

Pinnacle Entertainment, Inc reports that it intends to commence a cash tender offer for up to $94 million in aggregate principal amount of its 9.25% Senior Subordinated Notes due 2007.

Connecticut Tribal Casinos Report Record Slot Revenue

ews Brief: Mohegan Sun and Foxwoods Resort Casino won more money from their slot machine customers last month than in any previous October, the result of continued growth at the two facilities and a calendar that included two more weekend days than 2003.

State Police Vow Crackdown on Bars That Pay on Machines

The Idaho State Police crackdown on bars that pay money to people who use electronic poker machines ought to send a message to other bars doing the same thing: Stop.

Poker Champion Launches Poker Set

Professional poker player Howard Lederer's new Texas Hold'em Poker Tournament set goes on sale just in time for Christmas.

Harrah's Joins Children Hospital Campaign

Harrah's Entertainment, Inc. has joined forces with St. Jude Children's Research to support the hospital's Thanks & Giving campaign.

Gaming Commission Set to Vote on Hard Rock Settlement

The 10-month controversy over the Hard Rock Hotel's racy advertising campaigns is expected to come to a close this week when the Nevada Gaming Commission considers a settlement agreement hammered out last month.

Pennsylvania House Approves Gambling Measure

News Brief: The Pennsylvania House of Representatives has approved a measure that would ban lawmakers from owning a stake in gambling-related businesses and also would make several other changes to Pennsylvania's new gambling law.

Venetian Owner Reports Loss

Incentive payments to executives worth about $62 million and about $49 million in grants of executive stock options helped drive down third quarter profit at the owner of the Venetian resort in Las Vegas.

Florida Gambling Opponents Want Recount

News Brief: Opponents of slot machines at South Florida pari-mutuels have filed a lawsuit seeking an official recount of about 78,000 absentee ballots cast in Broward County on Amendment 4 in the Nov. 2 election.

Advantage Gamblers Lose Case Against Control Board Agents

A pair of "advantage gamblers," who use dealer or casino mistakes to increase their odds of winning, lost an appeal Monday to the Supreme Court seeking the right to sue two Gaming Control Board agents for wrongful arrest.

County Wants A Cut In Seneca Casino Take

News Brief: Niagara County receives no money from the Seneca Niagara Casino, and with a property tax increase looming in January, County Legislator Richard E. Updegrove is taking a swing at changing that.

In the Locals Market, Closeness Counts

Closeness to home aces out other factors when Las Vegas locals are deciding where to gamble, a new survey by Goldman Sachs Global Investment Research found.

Former Partners Fight for Casino Boats

News Brief: Two former video gambling partners are leading the fight to bring casino boats to Georgetown County, South Carolina.

Las Vegas Tourist Count Tops 3 Million in September

For the eighth time in nine tries this year, Las Vegas' hotels, casinos, restaurants and conventions in September combined to lure more than 3 million visitors to town in a single month.

Gambling Boats Head to Florida for Season

News Brief: The Horizon's Edge casino boat won't be sailing from Gloucester over the winter, a business decision that could leave some part-time employees out of a job and loyal patrons without a place to gamble.

New Jersey Assembly Passes Gaming Legislation

News Brief: New Jersey State Assembly passed legislation that would move slot machines to the gaming floor quicker and allow outside vendors such as the House of Blues to share in casino revenue.

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