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News - Page 1871

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California Community Reacts to Tribal Casino Plan

News Brief: Many residents Plymouth, California, fear that a casino proposed by the Ione Band of Miwok Indians will bring only problems.

Arizona Gambling Payments Dip

News Brief: Arizona's gaming tribes paid the state $6.7 million in January in the third round of quarterly payments. The third payments were substantially lower than the $11.9 million collected by the state in the second round.

Florida Developer Plans Mississippi Casino

News Brief: A Florida developer plans to build a 35,000-square-foot dockside casino in Natchez, Mississippi.

Gaming Stocks Strong in January

January was a stellar month for gaming stocks, with the average value of casino shares up more than 50 percent from a year earlier.

$300 Million Project Planned for Las Vegas

Florida-based Turnberry Associates has joined with Centra Properties to develop a 100-acre parcel that sits in the ‘cross hairs’ of Las Vegas Valley.

Castaway Employees Get Help

The same coalition of groups that helped Binion's Horseshoe workers find work and file for benefits has already begun pointing the Castaways employees toward assistance.

Binion's Targeted for Insurance Probe

Binion's Horseshoe and its owner are being investigated by the U.S. Department of Labor for possible violations of federal law involving $2.5 million in unpaid worker health insurance claims.

Casinos Cash in on Super Bowl Fans

While the Super Bowl remains one of the most bet-upon events in history, it's the small bettors that will carry the day in Las Vegas, experts say.

Vacation Village Site Sold

In a joint-venture deal, Turnberry Associates and Centra Properties LLC have purchased the closed Vacation Village hotel-casino on Las Vegas Boulevard and plan to develop a retail center and possibly other projects on the site.

Future of Castaways Unclear

Gaming industry observers are split over whether the historic Castaways will ever open again.

Super Bowl Puts Sports, Gaming Link in Forefront

The NFL bans gaming ads during the Super Bowl but has no problem with casinos buying guest boxes at the big game for high rollers. Their policy is example of the hypocritical relationship between sports and gaming.

Asbestos Concern Won't Delay Binion's Opening

The reopening of Binion's Horseshoe in downtown Las Vegas is not expected to be delayed by asbestos concerns, an official with Harrah's Entertainment Inc. said Thursday.

Connecticut Tribal Ruling Prompts Protests

News Brief: Some northern Connecticut political leaders and residents are dismayed by the federal Bureau of Indian Affairs’ ruling to formally recognized the Schaghticoke Tribal Nation.

Bookies Pray for Patriot's Loss

News Brief: While Patriots fever has gripped the region, bookies are praying for a Pats loss Sunday to prevent financial ruin.

Palace Casino Opens Sports Zone

News Brief: Mississippi’s Palace Casino is set to open the Palace Sports Zone, which features 50 televisions hooked up to DirecTV, more than 300 slot machines and a 300-foot-long ticker, continuously running the latest scores and statistics from ESPN.

Mississippi Gaming Committee Meets

News Brief: Members of the new Mississippi House Gaming Committee on Thursday received their first briefing on the state of the casino industry and the state agency charged with regulating it.

Voters to Decide Wisconsin Tribal Casino's Fate

News Brief: Voters in Dane County will decide on Feb. 17 whether their county gets a fourth casino in the Ho-Chunk casino referendum.

Penn National Makes Bid on Illinois License

News Brief: Penn National Gaming has offered to pay more than $500 million for a license to open the state's final riverboat, the rights to which are held by the bankrupt Emerald Casino, according to sources.

Billionaire Gives Up Emerald Casino Claim for Settlement

News Brief: A California billionaire who accused Emerald Casino executives of reneging on a handshake deal has agreed to accept $650,000 to walk away from his claim.

Prop Bets Offer Wild, Wacky Fun

Casual gamblers love Super Bowl props because they tend toward the wacky and whimsical. Professional sports bettors see props as an opportunity to get the upper hand on oddsmakers and pocket some cash.

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