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News - Page 1776

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Harrah's-Caesar Merger Faces Identity Issue

News Brief: Harrah's, which is acquiring Caesars, must integrate some of the country's most extravagant gaming palaces into its relatively staid portfolio.

Caesar's Employees Give Merger Mixed Reviews

Employees of Caesars Entertainment offered mixed opinions Thursday on whether Harrah's Entertainment's pending $9.4 billion buyout would help bury Caesars or praise it.

Las Vegas Monorail Opens to Raves

The new Las Vegas monorail opened to a steady stream of curiosity-seekers who generally raved about the high-tech trains.

Connecticut Tribal Casinos Not Worried About New Competition

News Brief: Mohegan Sun and Foxwoods are not worried that the introduction of 61,000 slots into neighbouring states will adversely affect their business.

Bush Strategist Denies Allegations

News Brief: Ralph Reed, Bush campaign strategist for the Southeast, denies that he has been secretly taking funds from a tribe with a casino monopoly as payment to launch a moral crusade against a competitive tribe’s casino plans.

Iowa Commission Rejects Application Request

News Brief: The Iowa Racing and Gaming Commission voted 3-1 Thursday to reject a request by one company to push back a Nov. 10 deadline for new gaming license applications until the end of the year.

Harrah's, Caesars Merger to Impact Mississippi Market

News Brief: A proposed merger between Harrah's Entertainment and Caesars Entertainment could have a major impact on the Mississippi casino market.

Kansas Tribes Close to Closing Casino Deal

News Brief: Two Indian tribes say they are close to a deal with the state to build a casino near the Kansas Speedway.

Venetian Contest Rigger Lectured by Regulators

The former Venetian hotel-casino employee who concocted the plan to rig drawings in a bid to appease high-rollers who had lost money in a February 2002 gambling trip apologized to gaming regulators Wednesday.

Tourists Not Wild about New Merger

For many Strip tourists who learned this morning of Harrah's Entertainment Inc.'s blockbuster acquisition of Caesars Entertainment Inc., bigger doesn't necessarily mean better.

Minority Vendors Divided on Mergers

Minority small business people attending the MBE Showcase 2004 had mixed opinions about how the proposed mergers of major gaming companies will affect their chances of doing business with those companies.

Professor: Deals Will Boost Casinos' Clout

Bill Thompson, a public administration professor at UNLV, said the increased concentration of Harrah's and Caesars employees would enhance political power.

Gold Rush, Magic Star Deal Approved

Nevada gaming regulators have approved Station Casinos' request to take over management at Henderson's Gold Rush and Magic Star casinos.

Increase for California Gambling Machines Approved

A Senate panel has approved legislation which would increase the number of electronic gambling machines allowed in California tribal casinos.

Station Casino Q2 Earnings Surge

Station Casino’s ongoing strategy of buying up any and every prime locals gaming site it can obtain in Southern Nevada has paid off richly in recent months.

Arkansas Pull-Tab Tickets Pulled

News Brief: An Arkansas convenience store has been asked to stop selling pull-tabs that looked an awful lot like lottery tickets.

BIA Caught in Off-Reservation Gaming Debate

News Brief: The Bush administration won't adopt a ‘blanket’ policy on off-reservation gaming, according to a top Bureau of Indian Affairs official.

Illinois Citizen Group Urges Communities to Stop Casino

News Brief: Armed with anti-gambling statistics and a promise to fight, a group of residents urged the Lansing Village Board to approve a resolution against the proposed Native American casino in Lynwood.

Kentucky Unlikely Prospect for Casinos

News Brief: Through tribes in neighboring states are building casinos, Kentucky remains an unlikely place for tribal gaming any time soon.

Arizona Tribe Secures Funding for California Tribal Casino

News Brief: The Santa Ysabel band of Diegueño Indians secured funding from an Arizona tribe to build a $30 million, 70,000-square-foot casino on its reservation in the Volcan Mountains.

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