News - Page 1738

ews Brief: Edward Wray, co-founder of Betfair, the world’s first peer-to-peer online betting exchange who is spearheading the exchange’s international expansion, has welcomed a proposal for a North American exchange controlled by racetracks for the benefit of the sport.

News Brief: The former shareholders of the company that operated Dueling Grounds Race Course in Franklin, Kentucky, now known as Kentucky Downs, were awarded a total of $44-million in damages when a Simpson County jury concluded they were the victims of fraud.

The souvenir signs will be available at casinos and at souvenir stores throughout the city.

News Brief: Casino Fortune, an Internet casino operator, said it is offering Donald Trump $400 million for a stake in his ailing casino company.

A giant ad promoting a new Toyota truck appears on the side of the Luxor hotel and casino facing Mandalay Bay.

International News Brief: Australia’s richest man, Kerry Packer, has been dubbed the ‘Prince of Whales’ in a new tell-all book on the world's leading casino high rollers.

News Brief: Alabama's Christian Coalition could be involved in a congressional investigation on alleged misuse of Indian Tribal funds, possible illegal campaign contributions, possible tax evasion.

News Brief: Wyoming should not be forced to accept casino-style gambling on the Wind River Indian Reservation simply because it allows essentially unlimited gambling for social or charitable purposes, a state attorney argued Monday.

The machines there are huge, so big they make a fully grown man resemble a child's action figure posed beneath a toy Tonka truck in a backyard sandbox.

Colony Capital is poised to become a major competitor in the gaming industry nationwide after reaching a final agreement to buy four casinos from Harrah's Entertainment and Caesars Entertainment, analysts said Monday.

News Brief: The state's annual report on gambling in Missouri found that casino revenue statewide increased about 8 percent over the last fiscal year.

News Brief: Pennsylvania House Speaker John Perzel says he'll advocate a change to House rules to prohibit members, their spouses and their minor children from owning any financial stake in a casino, a casino's parent firm or companies that make or distribute slot machines.

News Brief: The owners of Detroit's MGM Grand Casino and Soaring Eagle in Mt. Pleasant have spent nearly $7 million in the opening rounds of the campaign to win voter approval of a constitutional amendment to limit the expansion of gambling in Michigan.

News Brief: Both bands of Massachusetts Nipmuc Indians who were denied federal recognition in June have filed appeals with the Interior Department's Board of Indian Appeals. One band is planning to build a casino.

ews Brief: The Tigua tribe is angry at revelations that two associates of House Majority Leader Tom DeLay took $4.2 million from them to help reopen Speaking Rock Casino after working behind the scenes to shut down the tribe's economic lifeline.

News Brief: A Delaware man has filed an age and race discrimination lawsuit against the Borgata Hotel Casino & Spa claiming he was denied a job as a mechanic because recruiters were looking for candidates who were ‘fun, fast, friendly, fresh and focused.’

News Brief: The Porterville City Council has taken a position on Proposition 68 when it resolved unanimously Sept. 22 to oppose the measure.

News Brief: Harrah's Entertainment CEO Gary W. Loveman announced plans to meet with Rhode Island legislators after the election on plans for a West Warwick casino.

News Brief: Monmouth Park reported increases in average daily handle, on-track handle, and attendance for its 2004 meeting, which ended after 87 dates on Sunday.

Shares of Wynn Resorts were up more than $2 per share in early trading this morning as the broader markets fell on a bullish analyst report.