News - Page 1707

The Supreme Court has reversed a lower court ruling involving companies embroiled in a dispute over the collapse of the $5 million Las Vegas Hilton marquee sign on July 18, 1994.

Gaming Partners International Corporation reports net loss for Q3 was reduced by $590,000 from the corresponding quarter a year ago, with the modest loss for the current quarter reflecting the timing of casino sales and production.

Wynn Resorts, reports that its subsidiary, Wynn Las Vegas, LLC, has commenced a cash tender offer for any and all of the $247,580,000 aggregate principal amount of outstanding 12.0% Second Mortgage Notes due 2010 issued by Wynn Las Vegas, LLC and Wynn Las Vegas Capital Corp.

Season One of the World Poker Tour’s Professional Poker Tour is jampacked with a stellar line-up of All-Star players, 134 of which turned out for the Tour's inaugural competition on November 9-10 at Foxwoods Resort Casino.

For Q2, the Isle of Capri reported net income of $0.5 million or $0.01 per diluted common share compared to net income of $10.7 million or $0.35 per diluted common share for Q2 2003.

Century Casinos, Inc. has submitted as co-applicant with the Franklin County Development Association a casino facility license application to the Iowa Racing and Gaming Commission for a casino in Franklin County, Iowa.

For Q1, the Sands Regent reported consolidated net income of $1.6 million, or $0.29 per basic share, $0.27 diluted, as compared to consolidated net income of $1.1 million, or $0.22 per basic share, $0.20 diluted for the first quarter of 2004.

A $400,000 judgment against the Strip casino Imperial Palace for detaining a gambler who had broken no laws could be good news for the future of gambling in Las Vegas -- but only if it marks the beginning of a trend.

Jacob Entertainment reports net revenue for Q3 was $48.6 million versus $44.2 million in the third quarter of the previous year. The net loss for the third quarter of 2004 was $638,000 compared to net income of $770,000 in the third quarter of the previous year.

News Brief: Indianapolis is considering a proposal to expand gambling in order to fund a new stadium for the Colts.

Two Indian tribes that hope to build a casino in Wyandotte County moved a step closer to their goal Tuesday after a legislative committee approved their compact with the state

News Brief: Three state gaming agencies will contribute more than $200,000 to educate Washington residents about problem gambling.

The only airline busier than Southwest at McCarran International Airport is America West -- after the sun goes down.

For the second straight month, Nevada casinos posted a double-digit increase in their winnings in September, the second largest monthly haul in history.

News Brief: A bid to place casinos in Chicago, Waukegan and the south suburbs hit legislative turbulence Tuesday over an attempt to divert as much as $300 million in new casino revenues to Illinois' clout-heavy horse-racing industry.

News Brief: Senate President Emil Jones said Gov. Rod Blagojevich supports a Chicago-owned casino, but aides to the governor insisted he has not yet made up his mind on the issue.

News Brief: Union employees from the city's three Trump Hotels & Casino Resorts properties were the last to approve a five-year contract that provides increases in wages, health care and pension contributions and guarantees workers that their jobs will not be replaced through subcontracting.

News Brief: Like church bingo, Pennsylvania's relatively modest slot parlors will be strictly the minor leagues of gambling and should pose little threat to the bigger, more extravagant Atlantic City casinos, political leaders told an industry conference Tuesday.

MGM Mirage announced plans Tuesday for a multibillion-dollar "urban metropolis" consisting of hotels and condominium towers that will be built at the site of its aging Boardwalk casino on the Strip over the next several years.