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News - Page 1712

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South Carolina Gambling Regulations Challenged

News Brief: The ink isn't dry on Georgetown county's new regulations on gambling vessels but is already being challenged by casino boat owner Wallace Cheves.

Gambling Judge Resigns

News Brief: A municipal judge who admitted she was addicted to gambling and had taken loans from lawyers resigned Wednesday.

$300K Blackjack Events Hit Tunica

Blackjack Tournaments In Mississippi

Nevada Board Leery of Wireless Cash Advance Systems

The Nevada Gaming Control Board is leery of a portable wireless device that could someday help casino customers get cash quickly by debit or credit card.

Detroit Casinos Hedge on Permanent Building Plans

News Brief: Officials at Detroit’s three casinos say restricting the state’s expansion of gambling offers no guarantees they will have the necessary revenue to move ahead with building permanent casinos costing $1.5 billion.

Casinos Save Private Salons

Caesars Palace and Mandalay Bay will be able to continue running private gaming salons but were chastised by gaming regulators for not bringing in enough high rollers.

Analyst, Gaming Foe Disagree on Election Results

Rev. Tom Grey believes Tuesday's election results show it's about time for the gaming industry to fold its hand. Gaming analyst Marc Falcone of Deutsche Bank, however, disagrees with Grey.

Boomtown Names New Director of IT

Boomtown Casino and Hotel Reno has promoted Peggy Dougherty to Director of Information Technology.

Powerball Jackpot Reaches $44 Million

Since no one correctly matched all six numbers in Wednesday's drawing the Powerball jackpot will grow to an estimated $44 million.

Atlantic City Workers Accept Contract Offer

News Brief: The casino-union contract proposal cleared its final hurdle Wednesday with members of Local 54 of Unite Here overwhelmingly supporting the deal.

Florida Slot Proposal Deadlocked

News Brief: A Florida proposal that would open the door to slot machines at South Florida tracks could be headed to a recount.

Wisconsin Voters Approve Casino Referendum

News Brief: Kenosha County voters have approved an advisory referendum to allow construction of an Indian casino on the site of the Dairyland Greyhound Park.

Nevada Gold Responds to Lawsuit

Nevada Gold categorically denies that it has interfered with any agreements between Rinaldo Corporation and the Timbisha Shoshone Tribe.

Penn National , Argosy Shares Soar

News Brief: Shares of both Penn National Gaming Inc. and Argosy Gaming Co. soared Thursday as investors bet that the pending combination of the two second-tier gambling companies would come up a big winner.

Youbet.com Results Up

Youbet.com, Inc. has reported pre-tax income for Q3 period of $791,085 compared to a loss of $617,853 in Q3 2003.

Penn National Gaming to Acquire Argosy Gaming

Penn National Gaming, Inc. and Argosy Gaming Company report that their boards of directors have unanimously approved a definitive merger agreement under which Penn National will acquire all of the outstanding shares of Argosy Gaming for $47.00.

Pennsylvania's New Slot Law

Prof. I. Nelson Rose: Legalizing gambling is not the same as decriminalizing it.

Seneca Nation Elects New President

News Brief: Barry Snyder was elected president of the Seneca Indian Nation Tuesday, beating two other candidates in a race that focused largely on the future of the nation's casinos.

Gambling Raises Other Risks

News Brief: Young adult and teen gamblers are more likely to suffer depression and have substance abuse problems than non-gamblers, says a Yale University School of Medicine study.

Hillary Favored to Win in 2008

News Brief: Hillary Clinton was today named favorite to win the next US presidential vote in 2008 after George Bush won re-election to the White House.

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