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News - Page 1708

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Mega Million Lottery Jackpot Rises to $106 Million

Since no ticket matched all six numbers to win the jackpot, the excitement continues to grow for the Friday, November 12, 2004 drawing, which will have an estimated jackpot of $106 million.

Morongo Casino Opens with Dedication Ceremony

Bringing together community leaders, elected officials and other special guests, the new $250 million Morongo Casino, Resort & Spa celebrates the nearly-completed new property with a dedication ceremony designed to thank the community for its support throughout planning and construction.

Ex-Lottery Official Charged in $1 Million Payout Scam

News Brief: A former security officer for the Hoosier Lottery is accused of conspiring with two other men to rig a $1 million scratch-off game.

Barrick Gaming Buying Golden Nugget

News Brief: Barrick Gaming Corp. says it is buying the Golden Nugget Laughlin for $31 million from the Poster Financial Group Inc., the latest deal in the rapidly consolidating gambling industry.

Dover Downs to Purchase Common Stock

Dover Downs Gaming & Entertainment, Inc. has commenced its previously announced tender offer to purchase up to 1,040,421 shares of its Common Stock and up to 1,607,506 shares of its Class A Common Stock at a fixed price of $12.00 per share.

Two Talk Catskills Casino Deal

News Brief: Two of the region's biggest dealmakers aim to cut one of the hottest deals to hit the Catskills.

Lakes Entertainment Signs Letter of Intent with Texas Tribe

Lakes Entertainment, Inc. has signed a Letter of Intent with the Kickapoo Traditional Tribe of Texas to negotiate an agreement with the tribe to consult on the further development and operations of the Tribe's casino located in Eagle Pass, Texas.

WPT Launches Poker Boot Camp

WPT Enterprises, Inc. has once again broken new ground with the announcement of WPT Boot Camp.

Nevada Gold & Casinos Results Down

For Q2, Nevada Gold & Casinos reports revenues decreased to $1.5 million compared to $2.7 million in the second quarter of fiscal 2004.

WTO Eyes U.S. Offshore Web Gambling Ban

News Brief: In a ruling that could open the United States to offshore Internet gambling, a World Trade Organization panel Wednesday said Washington should drop prohibitions on Americans placing bets in online casinos.Nw

Senate Leader Makes Push for Chicago Casino

News Brief: Illinois Senate President Emil Jones, D-Chicago, said Monday he is pushing forward with legislation containing a land-based, city-owned casino for Chicago, claiming Gov. Rod Blagojevich supports the idea.

Tribe Pitches its Own Casino in Southern Part of State

Jemez Pueblo may have competition in its push to build a casino in southern New Mexico as an Oklahoma Indian tribe eyes its own casino project in the area.

Racetracks, Casinos Preparing for New Gaming Options

Officials at Oklahoma horse racing tracks, Indian tribal casinos and state agencies are making preparations to implement electronic gaming that was approved by voters.

LVCVA Budget Will Pump Up Advertising

The Las Vegas Convention and Visitors Authority today made sure it could afford to tell even more prospective visitors that what happens here, stays here.

Ohio VLT Supporter Plans 2005 Proposal

News Brief: A supporter of video lottery terminals at Ohio's seven racetracks said Nov. 8 there is an ‘excellent chance’ the proposal would go before Ohio voters in a November 2005 referendum.

Supermodels Visit Las Vegas

A giant ad for Victoria's Secret "Angels Across America" tour is displayed on the east side of the Palms.

Union: Mediator Helping With Mandalay Negotiations

Negotiations between the Operating Engineers Local 501 and three Mandalay Resort Group properties have improved with the help of a federal mediator, a union leader said.

Millions Spent Florida Slot Proposal Battle

News Brief: The Seminole Tribe spent more than $5 million trying to defeat a proposal that could bring slot machines to South Florida racetracks and jai alai frontons. South Florida's tracks and jai alai frontons spent nearly $15 million on the slot proposal.

MTR to Take Over Binion's in March

Harrah's Entertainment Inc. has decided not to extend a one-year option to manage Binion's Horseshoe in downtown Las Vegas and will instead transfer management of the historic casino to MTR Gaming Group Inc. in March.

Wynn Unveils Tower Details

A second planned hotel tower at Wynn Las Vegas is expected to include 1,500 suites at a cost of about $900 million, Wynn Resorts Ltd. announced Monday.

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