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News - Page 1766

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Big Fight Sponsorships Suit Caesars In Tunica

Rudi Schiffer gives us the latest news from the Tunica, Mississippi casinos.

Trump's Indiana Plans Not Affected by Bankruptcy

News Brief: Plans for a new southern Indiana casino were expected to moved ahead as projected despite an announcement by Donald Trump's casino company that it will seek bankruptcy protection, state regulators and the company said Tuesday.

D.C. Official Wants to Tighten Law After Forgeries Found on Gambling Petitions

News Brief: After city officials spent days examining petitions for forgeries in an initiative to bring video lottery terminals to the District of Columbia, a city councilman wants to do more than bet it won't happen again.

California Proposition Wording Revised

News Brief: With California officials ready to go to press on the ballot pamphlet for the November election, a judge Monday revised wording of ballot arguments for Proposition 70 that would expand Indian gambling.

Nebraska Tribe to Compete for Casino License

News Brief: If Nebraska voters approve a casino gambling measure in November, the Winnebago tribe plans to compete with Las Vegas casino companies or anyone else seeking a license to operate a state-taxed and -regulated casino in Omaha or Lincoln.

Golden Nugget Cash Flow Up, Alliance Quarterly Results Improve

The owner of the Golden Nugget casinos in Las Vegas and Laughlin reported increases in revenue and cash flow in the second quarter but profit fell as the company spent more on advertising and added marketing staff, among other things.

Sands Has More Reason for IPO Than Stock Options

Wall Street analysts say the stellar stock appreciation of competitor Wynn Resorts Ltd. -- rather than the ability to issue stock options -- is a primary motivation behind an anticipated public offering of stock by the owner of The Venetian resort in Las Vegas.

Comedian Wins Celebrity Blackjack Series

Stand-up comedian and actress Caroline Rhea had the best strategy and cards in the final hand last night to become the winner of GSN's Celebrity Blackjack series.

Washington Councilor Wants to Ban VLTs

News Brief: A D.C. council member is crafting legislation that would ban video lottery terminals to prevent a repeat of an effort by offshore investors to construct a gambling hall in Northeast.

WagerOnSports.com Release Odds on Olympic Doping

WagerOnSports.com today announced odds on which country would have the first athlete fail a drug test at the 2004 Summer Games in Athens.

Lottery Money will Help Syracuse Avoid Layoffs

News Brief: The Syracuse City School District likely will avoid layoffs or major changes next year by using $20 million in advance lottery payments from the state.

Delta Leads Way in Louisiana Racino Purses

News Brief: Delta Downs Racetrack & Casino reigned as Louisiana's top moneymaking racino in the first six months of 2004, according to figures from the Louisiana Gaming Control Board.

Iowa Tribe Fears Losing Casino Expansion

News Brief: Meskwaki tribal officials say plans to expand their casino could be scrapped if a new regulatory agreement isn't reached soon with the state.

Terrorists Cased Las Vegas

News Brief: A year after the Sept. 11, 2001 attacks, the Justice Department obtained video surveillance tapes suggesting terrorists were casing Las Vegas casinos.

Michigan Racing Board Approves License Transfer

News Brief: The Michigan Office of the Racing Commissioner will authorize the transfer of the racing license for Great Lakes Downs from MI Racing Inc. to Richmond Racing Co.

MGM MIrage Gains Settlement for Bellagio Outage

MGM Mirage said today it received a $6 million insurance settlement in the second quarter related to the power outage that shut down the company's Bellagio resort for more than three days.

Town Debating Casino Plan

A decision by the Moss Point Board of Aldermen to consider the town as a casino location has garnered the support of some residents while others are skeptical casinos could benefit the community.

Mega Millions Winner Picks Up Check

Larry Campbell picked up his check for $19,128,233 as the sole winner of the July 23 Mega Millions $47 million jackpot.

Powerball Jackpot Rises to $84 Million

News Brief: Because no one correctly matched all six numbers in Saturday's drawing the jackpot will grow to an estimated $84 million.

Atlantic City Players Worry About Slot Program Changes

News Brief: Atlantic City gamblers are worried that the Harrah’s- Caesars merger will mean changes to the slot club offers.

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