News - Page 1725

A selection of news and views from inside the industry.

News Brief: Scores of issues and concerns involving a proposed tribal casino resort in Hesperia are under review by the U.S. Bureau of Indian Affairs.

One of the newest yet most active players in the local gaming industry on Friday outlined how it hopes to reshape the western end of the Fremont Street corridor.

A much-anticipated bargaining session in the Atlantic City casino workers strike failed to produce results Friday when company representatives refused to disclose their authority in settling the 15-day walkout.

For Q2, President Casinos report reported a net loss of $0.7 million, or $0.15 per share, compared to net income of $42,000 for Q2 2003.

The proposed project includes a casino with approximately 40,000 square feet of total space, 120 hotel rooms and 300 covered parking spaces.

News Brief: Foreign gamblers will escape U.S. taxes when they win on the Kentucky Derby and other American races under the corporate tax bill that President Bush is expected to sign.

News Brief: An email from the Michigan Lottery commissioner referencing a future game targeted at young adults with personal computers sparked a controversy this week with some state legislators concerned the state was getting into the Internet gambling business.

The Gaming & Technology Conference reports that the Borgata Hotel Casino & Spa is the recipient of the 3rd Annual Larry Cole Award For Excellence and Innovation in Gaming Technology.

Great Canadian Gaming Corporation reports that Judge Buchmeyer has granted the company's motion to dismiss a civil action case brought forth by Allegiance Capital Corporation.

News Brief: Governor Arnold Schwarzenegger urged a supportive San Diego crowd to reject two November ballot measures he says would expand gambling and weaken his negotiations with tribes over taxes and accountability.

This week's Chinese media tour was organized by the Nevada Commission on Tourism, which this summer opened an office in Beijing to promote travel and trade with a segment of that nation's 1.3 billion residents.

Culinary members were forcibly removed from Harrah's corporate parking lot when they tried to deliver a petition demanding the company refrain from hiring permanent replacement workers during the Atlantic City strike.

News Brief: A recent study funded by Harrah’s claims that Massachusetts communities lost millions of dollars in revenue when local gamblers took their money to casinos in Rhode Island and Connecticut.

News Brief: Colony Capital, which purchased Harrah's Tunica and Bally's Tunica as part of a $1.24 billion deal, will rebrand Harrah's as Resorts Tunica to reflect its flagship Resorts International casino in Atlantic City.

News Brief: Jim Belisle and Lakes Gaming Mississippi LLC are proposing a gambling barge in Vicksburg, Mississippi.

News Brief: Kenosha residents will vote again this November on a proposal to build a huge tribal casino at a dog track.

News Brief: The Mississippi Belle II's plans for a land-based casino won initial approval Thursday from the Iowa Gaming and Racing Commission.

Global Casinos reports revenues for the fiscal 2004, were $3,144,877 compared to $2,770,073 for fiscal 2003, an increase of $374,804 or 14%.

Penn National Gaming, Inc. has entered into an agreement whereby a subsidiary of Penn National will sell The Downs Racing and its subsidiaries to the Mohegan Tribal Gaming Authority.