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News - Page 1810

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Gulfstream Park Chairman Resigns

Magna Entertainment Corp. reports the resignation of Douglas Donn as Chairman and a member of the board of directors of Gulfstream Park Racing Association, Inc.

Company Appeals Trademark Decision

Cirque du Soleil is appealing an adverse Las Vegas court decision to the 9th Circuit Court of Appeals in San Francisco over the company's rights to the name "cirque."

California Lottery Overhaul Effort Dropped

News Brief: Citing widespread opposition, California Assemblyman George Plescia on Monday dropped lottery-backed legislation that would have added Nevada-style gambling themes to the state-run games.

Adelson Plans Separate Macau Strip, IPO

As owners of the Venetian opened their $240 million casino in Macau today, another opening -- the opening of bids to begin site preparation work for another project at another Macau location known as the Cotai Strip -- holds even greater potential for the Las Vegas casino company.

Analysts Disagree on Macau's Long-Term Consequences for Las Vegas

Although some say the Cotai Strip development will breed added visitors for the Strip, others caution it will create an Asian gaming mecca that will lure high-roller and other Asian players, many of whom have gambled in Las Vegas in the past.

California Tribal Gaming Job Growth Hits New High

Job growth created by California Indian casinos and their tribal governments grew by nearly 17% for the year ending April 2004, according to the California Indian Nations Gaming Association.

Utah Case Puts Bingo in Spotlight

News Brief: A new court case in West Valley City, Utah, recently reopened the question of whether bingo halls are centers for harmless fun or hubs for illegal gambling.

Mississippi Casino Classes May Face Ax

News Brief: Casino management classes may be omitted from a new tourism degree this fall at the University of Southern Mississippi because of an attorney general's opinion.

Judge to Allow Emerald Casino License Sale

News Brief: A federal bankruptcy court judge indicated Monday he intends to allow Emerald Casino to proceed with the sale of its riverboat license, even though Atty. Gen. Lisa Madigan plans to restart hearings aimed at stripping the license from the bankrupt casino company.

Rhode Island Gambling Parlors Want Equal Tax Rates

News Brief: Representatives from Newport Grand and Lincoln Park say they will take their chances competing against a casino, if all three were taxed at the same rate.

Poll: Slots Favored to Fund Texas Schools

News Brief: As the Texas Legislature wrapped up its special session Monday with no plan for funding education, a new poll shows Texans increasingly favor using slot machines to support schools.

Police Looking for Casino Predator

News Brief: Police in Atlantic City, NJ are looking for a man who has been robbing and terrorizing casino patrons for more than a month now.

Caesars Palace Names Senior VP for Hotel Operations

John Unwin has been named senior vice president for hotel operations at Caesars Palace in Las Vegas.

Man Faces Jail Over Google Shares Scam

News Brief: A Dutchman who pleaded guilty to swindling wealthy New Yorkers by promising an inside track to Google stock and then blowing $350,000 (£198,000) of their money in a three-month spending spree on hotels, restaurants and gambling, could face more than five years in prison.

Maryland House Speaker Shifts Slot Position

News Brief: Maryland House Speakers Michael E. Busch's recent decision to consider a statewide referendum on slots has left even some of his staunch supporters befuddled.

Internet Operators Won't Gamble on U.S. Convention

News Brief: For a group of Internet gambling executives gathering today in Toronto, the absence of American law enforcement authorities may also be a big draw.

Regulators Approve Shreveport Deal

Louisiana gaming regulators today approved Boyd Gaming Corp.'s $190 million purchase of a Shreveport casino from Harrah's Entertainment Inc.

Argosy Plans Lawrenceburg Expansion

News Brief: Argosy Gaming Co. will invest up to $150 million in its Lawrenceburg casino if it can come to terms with the city on a new revenue-sharing arrangement.

Windsor Gamblers Find Return Friendly

News Brief: The colored waterfall danced, the slot machines clanged and players lined up to check the status of their bonus points at Casino Windsor on Friday morning as it reopened after a contentious 41-day strike.

California Tribes, Governor Near Deal

News Brief: Five casino-operating California Indian tribes are near a deal with Governor Arnold Schwarzenegger to back an approximately $1 billion bond with slot machine revenue to help fund the state's upcoming budget.

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