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News - Page 1834

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Iowa Lawmakers Hammer Out Gambling Bill

News Brief: Iowa lawmakers will return to the Capitol today to try once again to find consensus on gambling legislation that stalled in a Senate committee last week.

Casino Stocks: Gaming Index Soars

The average value of Las Vegas-based gaming stocks surged by a record amount to hit an all-time high in March, beating all the broad market indicators in the process, analysts said Friday.

Trump Still Bidding for Indiana Casino

News Brief: A heavy debt load and grim predictions about its future will not stop Trump Hotel and Casino Resorts from bidding to operate a gambling boat in Orange County, a company executive said last week.

Online Gambling Back in Forefront

Arizona’s Senator Jon Kyl says that a recent ruling by the World Trade Organization may spur Congress to finally approve legislation to prevent Americans from wagering at offshore Web sites.

Sam's Town Celebrates 25th Anniversary

When it opened a quarter of a century ago, Sam's Town was a pioneer out on what was then the dusty edge of Las Vegas but on the cutting edge of the gaming industry.

St. Louis Casino Battle Escalates

News Brief: The battle for lucrative casino licenses in the St. Louis market escalated Thursday as members of the Missouri Gaming Commission toured four potential sites to see how the developments would fit into the communities.

Atlantic City Casino Profits Fell in 2003

News Brief: Atlantic City casino revenue rose 3.1 percent to $4.34 billion in 2003 but profits fell, the New Jersey Casino Control Commission reported on Friday.

Wisconsin Tribe Wants New York Deal

News Brief: The Oneida Tribe of Indians of Wisconsin wants to strike its own land claim deal with the state, opening a casino in the Catskills instead of receiving the millions of dollars in damages New York could be forced to pay.

Minnesota Tribal Politics Could Hamper Casino Plans

News Brief: The possibility that a Minnesota tribal leader could regain power after serving a prison term for theft and bribery has dealt a blow to the tribe's hopes for a new casino.

Officials Shut Down Kansas Casino

News Brief: Kansas City, Kansas, police, and agents from the Kansas Bureau of Investigation and Kline's office jointly executed the warrants, Kline spokesman Whitney Watson said.

Binion's Reopens to Fanfare

Two-and-a-half months after closing, Binion's Horseshoe reopened Thursday afternoon to a celebration on Fremont Street and renewed action in one of downtown's most storied casinos.

NCAA Issues Warning to U.S. Firms

he NCAA has issued warning letters to four Las Vegas hotel-casinos, cautioning them on the use of phrases associated with the organization's popular basketball tournament.

Casinos Bet on Poker's Popularity

Las Vegas casinos are scrambling to parlay the soaring popularity of poker into new revenue and customers.

New California Gambling Agreement Splits Tribes

News Brief: California’s most powerful tribes are divided over Governor Arnold Schwarzenegger’s new Indian gaming agreement.

Illinois Casino Questions Continue to Grow

News Brief: The Rosemont casino proposal picked by the Illinois Gaming Board last month to receive the state's last riverboat license did not even make a short list of suitable buyers recommended by the board's staff, according to internal documents of the regulatory agency.

Bid for Two New Detroit Casinos Dies

News Brief: Legislation that would have allowed new Indian casinos in Romulus and Port Huron died in the U.S. House Thursday.

Connecticut Casino Lawsuits to Proceed

News Brief: Lawsuits that threaten to expose the cozy relationship between wealthy casino investors and Indian tribes seeking federal recognition will go forward in Connecticut court, a judge has ruled.

Iowa Gambling Debate Delays Adjournment

News Brief: Republican legislative leaders have conceded that nagging disputes swirling around major gambling legislation will keep lawmakers at the Iowa Statehouse longer than expected.

Binion's Horseshoe Workers Still Disgruntled

New carpet is laid and the brass is polished for today's reopening of Binion's Horseshoe, but hundreds of former and returning workers remain stuck with unpaid medical claims and damaged credit ratings.

Moratorium Suggested for Federal Recognition

A Connecticut congresswoman is calling for tribes and the Interior Department to declare a moratorium on the recognition process.

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