News - Page 1723

Nevada Gold & Casinos, Inc. has entered into a memorandum of agreement with the Timbisha Shoshone Tribe for the management of a proposed casino resort in the City of Hesperia, California.

Harrah's Entertainment has reported record Q3 revenues of $1.31 billion, up 25.5 percent from revenues of $1.04 billion in the Q3 2003.

The board of directors of Harrah's Entertainment, Inc. have declared a regular quarterly cash dividend of 33 cents per share, payable November 24, 2004, to shareholders of record as of the close of business on November 10, 2004.

Churchill Downs reports net loss for Q3 was $3.8 million, compared to earnings of $7.9 million in Q3 2003.

Churchill Downs has sold a 19-percent stake in Kentucky Downs, including debt owed to CDI, to Kelley Farms Racing.

News Brief: A Prairie Meadows Racetrack lobbyist and other supporters of the Altoona, Iowa, racing and gambling operation have formed an organization to oppose the building of another casino in the area and have begun an advertising blitz.

News Brief: Following a demonstration of Magna Entertainment Corp.’s Horse Wizard simplified betting machines, the Texas Racing Commission will decide whether to allow the machines at Lone Star Park during Breeders’ Cup week.

News Brief: The Mohegans could have 200 slot machines on line at the Pocono Downs racetrack by spring if they obtain a conditional license from the State of Pennsylvania.

Strong revenue growth across Station Casinos Inc.'s locals casinos in Las Vegas boosted the company's profit by 47 percent in the third quarter, beating analysts' expectations, the company said today.

e California Nations Indian Gaming Association demands an apology from Governor Schwarzenegger for a statement made during a campaign rally in San Diego.

More than 125,000 of the city's best workers are expected to apply for jobs at Steve Wynn's new $2.4 billion Strip resort.

Interactive Systems Worldwide Inc.’s SportXction play-by-play betting system was successfully launched yesterday with Victor Chandler International.

News Brief: The Seneca Niagara Casino has installed a series of new slot machines that are themed to Hollywood and TV shows.

News Brief: Gambling is booming in Washington, with an estimated 7.8 million players generating more than $1.5 billion this year in net receipts. Some analysts say that the industry is ripe for greater expansion.

News Brief: Senator Vince Fumo opposes proposed changes to Pennsylvania's 3-month-old gambling law, claiming that it would cost Pennsylvania 1,000 jobs.

Supporters of Proposal 1 are countering the Michigan Lottery and Gov. Jennifer Granholm, saying in new advertisements their initiative would not hurt funding for public schools.

News Brief: Almost half of the Chumash gaming commission have backgrounds that would preclude them from working at casinos in other states.

News Brief: Governor Kathleen Sebelius has formally announced completion of a proposed compact with the Kickapoo and Sac and Fox tribes for a $210 million casino and hotel.

The $139 million project brings the mall's streetfront entrances to Las Vegas Boulevard South, where untold thousands of people walk or drive by each day.

News Brief: For some Atlantic City casino union members who live paycheck-to-paycheck, paying bills is getting tough as the fight over a casino contract continues.