News - Page 1754
Premerger Dealings: Colony Capital Bid on Four Casinos Could Speed Up Caesars Deal
31 August 2004
Harrah's Entertainment signed an agreement with Colony Capital on Friday to sell four key properties involved in its $9.4 billion buyout of Caesars Entertainment, a move that could speed the regulatory process for the merger, insiders and experts said Monday.
Washington State Tribal Casinos Grow31 August 2004
News Brief: Work has begun on a 70-room hotel at the Lucky Eagle Casino in Rochester, south of Olympia, one of a number of tribal casino expansion projects in the South Sound.
Room Rates Stall, Convention Slate Expected to Reverse Trend31 August 2004
Following a year and a half of hefty price increases, rates for rooms on the Strip booked three weeks in advance stayed relatively flat this summer.
Caesars Palace Cuts Craps Supervisor Jobs30 August 2004
Caesars Entertainment Inc. has eliminated 27 craps supervisor jobs at its Caesars Palace resort, saying those positions aren't needed to run the games effectively.
Changes Afoot as MAGIC Show Begins30 August 2004
When the apparel industry rings in the new year in 2005, a new era of competition begins.
Woman Celebrates Anniversary with $4.3 Million Slot Jackpot30 August 2004
A woman celebrating her wedding anniversary alone while her husband of 38 years fulfilled his scheduled offshore work duties won a $4,336,288 slot jackpot at Harrah's New Orleans Casino.
Powerball Jackpot Grows to $36 Million30 August 2004
Since no one correctly matched all six numbers in Saturday's drawing the jackpot will grow to an estimated $36 million.
Shopping Mall Giant Sued Over Stake in Forum Shops30 August 2004
Simon Property Group, owner of the Forum Shops at Caesars mall on the Strip, has been sued by mall developer and former partner Sheldon Gordon.
Algiers Closes its Doors30 August 2004
The Algiers is being torn down to make way for the Krystle Sands condo-hotel.
Shawnee Tribe Gives Support to the Eastern Shawnee Tribe of Oklahoma Casino Bid30 August 2004
News Brief: The federally recognized Shawnee tribe has given its support to the Eastern Shawnee tribe of Oklahoma in its effort to open casinos in Ohio.
Penn National to Sell Louisiana30 August 2004
News Brief: Penn National Gaming Inc. has agreed to sell the financially troubled Hollywood Casino in Shreveport to a small Nevada casino operator.
Residents Fight Plan for Pennsylvania Racetrack30 August 2004
News Brief: Residents of a tiny riverside community outside of Pittsburgh, Pa., are banding together to fight a proposed Thoroughbred racetrack.
Borgata Strong and Growing Stronger30 August 2004
News Brief: Ever since the billion-dollar Borgata opened, the megaresort, which raked in more than $1.8 million in daily casino winnings in July, is already looking to get bigger and better.
Illinois Gaming Board Chair Resigns30 August 2004
News Brief: Illinois Gaming Board Chairman Elzie Higginbottom resigned his post Friday, according to Gov. Rod Blagojevich's office.
California Senate Ratifies Tribal Gambling Agreements30 August 2004
News Brief: The Senate ratified four new tribal gambling agreements Friday, a day after Gov. Arnold Schwarzenegger withdrew a controversial proposal to build the state's first urban casino.
California City Warms Up to Casino Idea30 August 2004
News Brief: The residents and city officials of San Pablo are mostly embracing the plans for the third-largest casino to built in their struggling city.
Atlantic City Casino Jobs Threatened30 August 2004
News Brief: While Atlantic City is trying to reinvent itself as a full-service, overnight destination, frontline workers say they will be facing the biggest threat to their livelihoods when their current contracts expire next month.
Airport Angst: Overall Parking Demand Up 15 percent30 August 2004
It's a problem that makes local travelers' heads spin, and chances are it's only going to worsen in the months to come.
Inside Gaming Column: Feds' Request Has Paper Flying30 August 2004
A selection of news and views from inside the industry this week.
California Casino Faces Infrastructure Struggles30 August 2004
News Brief: California’s Campo band have been struggling with sewage and groundwater issues since building their casino in 2001 and the issues are not going away.
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