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News - Page 1786

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Feds Probing Decisions on Caesars Casino

News Brief: Contested state Tax Commission decisions that have saved a New Orleans floating casino about $1 million over three years are slated for reviews in the coming weeks.

GSA Adds More Members

The Gaming Standards Association has welcomed six new members, increasing its total worldwide membership.

Study Shows Negative Effects of California Compacts

A new economic study conducted by Business Research and Economic Advisors provides an in-depth market analysis of the unintended negative consequences of the new California Indian gaming compacts.

Drive-Through Lottery Store Opens

News Brief: A new drive-through dedicated almost entirely to selling lottery tickets has popped up near the North Carolina state line.

Crowds Flock to Borgata Party

News Brief: Thousands flocked to the Borgata’s Fantasy Island party which featured bands and DJs on two stages, old-school carnival rides and games, sports, massages and camel rides.

Pennsylvania Bill Leads to Slots Explosion

News Brief: If lawmakers approve slots gambling this week, as appears increasingly likely, there eventually could be 61,000 slot machines at 14 gambling halls in Pennsylvania.

Station Focuses on Valley's West Side

Station Casinos Inc. recently sold a parcel of land along Boulder Highway and is negotiating to sell off a second parcel nearby, foregoing land for casino development on the east side of Las Vegas.

Wynn Defends Club Buyout Offer

In a letter to members of the Las Vegas Country Club last week, Steve Wynn said his offer to buy out club owners was 'not hostile'.

Washington Gambling Expansion Petition Presented

News Brief: Anti-tax activist Tim Eyman will head to the Secretary of State's Office triumphantly Monday morning, with about 235,000 signatures for his Initiative 892 to expand gambling and use the tax revenue to lower property taxes.

Iowa Riverboat Casinos Lose Big

News Brief: Thirteen years after Iowa inaugurated the nation's riverboat gambling industry, only one of the state's 10 floating casinos is regularly cruising this summer.

Cannery Growing Along with City

North Las Vegas' booming growth is prompting the Cannery's owners to launch an expansion program just a year and half after the hotel-casino opened.

McCarran Records its Busiest May Ever

Passenger traffic at McCarran International Airport increased at more than three times the national average during this year's first five months, providing further evidence Las Vegas' tourism industry is in the midst of what could become its busiest year ever.

California Gambling Compacts Give Insight to Casino Revenues

News Brief: While California Indian tribes do not disclose their casino revenue, compacts signed this week by Gov. Arnold Schwarzenegger and five bands of Native Americans provide insight into their wealth.

Moran Tapped for Nevada Gaming Commission

Gov. Kenny Guinn Friday named John Moran Jr. to the Nevada Gaming Commission, replacing three-term commissioner Augie Gurrola.

Iowa Tribe Gets Warning

News Brief: Iowa regulators are warning the Winnebago Indian tribe that its gambling compact with the state will be in jeopardy if the tribe continues to allow gamblers younger than 21 at its casino near Sloan.

Businessman Sues South Carolina Over Casino Boat

News Brief: A Greenville businessman attempting to run a casino boat in the Lowcountry is suing two coastal governments who have turned down his requests.

Nevada Economy: Taxable Sales Grow Statewide

Statewide taxable sales saw another month of double-digit growth in April, with food and drink and car purchases helping push the economic indicator up by 14.2 percent over April 2003.

Inside Gaming Column: Zounds! Project Z Zooming Ahead

A selection of news and views from inside the industry this week.

Michigan Casino Tax Hike Considered

News Brief: Before legislators break for the summer this week, the Michigan Senate will attempt to negotiate changes in a measure to double the taxes Detroit’s three casinos pay.

Louisiana Legislators Fear New Indian Casinos

News Brief: With three state and federally recognized Indian tribes now operating casinos and a fourth tribe seeking a compact to open another gambling operation, state lawmakers are leery of granting state recognition to more tribes.

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