News - Page 1856
Powerball Jackpot Reaches $52 Million
27 February 2004
Since no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $52 million.
Former Sands Exec to Start Own Company27 February 2004
David Friedman, the No. 2 executive and jack-of -all-trades for Las Vegas Sands owner Sheldon Adelson has confirmed he is resigning to start a new company.
Expert: Las Vegas Could Benefit from Union Merger27 February 2004
Las Vegas stands to get a lift from the merger of the Culinary's parent union with the retail, textile and laundry workers union, even though it could be challenging for the gaming industry, a UNLV professor said.
Petition Opposed New York Casino27 February 2004
News Brief: A petition bearing the signatures of more than 5,000 Erie County residents opposed to a casino on Buffalo's waterfront was presented Wednesday to State Senator Byron W. Brown.
Contractor Wants California Tribal Casino Foreclosed27 February 2004
News Brief: The general contractor on the $150 million Chukchansi Gold Resort & Casino has asked a federal judge to order foreclosure on the property to collect on a $7.9 million mechanic's lien.
Playing Card Giant Sold27 February 2004
News Brief: United States Playing Card Co., the maker of playing card brands like Bicycle and Hoyle is being sold to the Jarden Corp. for $232 million.
Time Shares Plan Considered for Aladdin Land27 February 2004
Planet Hollywood International Inc. Chairman Robert Earl thinks time share units may be the best way to use a vacant parcel next to the Aladdin that he and his partners would acquire as part of the Las Vegas megaresort they've agreed to purchase out of bankruptcy protection.
Venetian Contest-Rigging Execs Still in Business27 February 2004
Two of the casino executives fired by the Las Vegas Strip's Venetian resort for their involvement in the rigging of three 2002 promotional contests are still working in the casino business.
Maryland Senate Readies for Vote27 February 2004
News Brief: Slot machine supporters in the Maryland Senate beat back a series of efforts to hamper legislation to expand gambling in the state, setting the stage for a final vote on Gov. Robert L. Ehrlich Jr.'s heavily amended measure this morning.
Lawyer Agrees to Represent Maine Commission27 February 2004
News Brief: A Bangor attorney has agreed to represent the Maine Harness Racing Commission , which is facing civil lawsuits from two Maine Indian tribes and a statewide anti-gambling group.
Amended Maine Slots Bill Upsets Lobbyist27 February 2004
News Brief: A regulation and profit distribution plan approved Thursday for the state's first track-and-casino franchise got a gloomy reception from a lobbyist for the gaming company that hopes to install slot machines at Bangor Raceway.
No More New Gambling Licenses in Iowa27 February 2004
News Brief: Iowa lawmakers voted Thursday to allow Prairie Meadows and other racetracks to have table games such as blackjack, but chose to ban new gambling licenses in counties that don't already have one.
Kentucky Casino Bill to be Filed27 February 2004
News Brief: The gambling proposal that House Speaker Pro Tem Larry Clark expects to file today would earmark $175 million a year for statewide education programs from nine Kentucky casinos.
Barrick Gaming Secures Financing for Acquisitions26 February 2004
Barrick Gaming, the start-up company buying four downtown Las Vegas casinos from gaming pioneer Jackie Gaughan recently secured financing for the roughly $82 million deal, a company executive said today.
Individuals Not Named in Venetian Complaint26 February 2004
Don't look for the names of The Venetian executives responsible for rigging three February 2002 contests for high-rolling gamblers in the complaint and settlement agreement the megaresort and the Gaming Control Board agreed to Tuesday.
Aladdin's Loss Narrows26 February 2004
The bankrupt Aladdin resort on the Las Vegas Strip reported a $402,122 loss in January in a recent filing with the U.S. Bankruptcy Court.
Mandalay Ad Campaign Stresses Fun26 February 2004
Mandalay Resort Group is changing the direction of its advertising for its 4,404-room Luxor megaresort on the Las Vegas Strip.
Venetian Exec Leaves for New Venture26 February 2004
Venetian hotel-casino owner Sheldon Adelson's right-hand man, David Friedman, is leaving the company to build a new gaming resort in Las Vegas.
Las Vegas Boost Room Profits26 February 2004
Despite flat room rates and tepid leisure travel demand, major Strip hotel-casinos are successfully squeezing ever-higher profits per room, according a Fulcrum Global Partners report.
Wisconsin Tribe Sets 2005 Deadline for Casino26 February 2004
News Brief: If everything is not done for the Lac du Flambeau Band of the Lake Superior Chippewa Indians to proceed with its Shullsburg casino by 2005, it will be over, according to a tribal spokesman.
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