News - Page 1873

Moody's Investors Service has upgraded the rating outlook on Poster Financial Group Inc. of Las Vegas to ‘stable’ from ‘negative’.

News Brief: Mayor Dave Cieslewicz released a staff report indicating that the annual costs to the city from a proposed casino at DeJope bingo hall will be less than expected.

Hundreds of Binion's Horseshoe former workers may have to pay millions in unpaid medical bills even though the gaming company deducted medical insurance premiums from their paychecks.

News Brief: The Las Vegas Convention and Visitors Authority is retaliating against the NFL’s anti-betting ad stance.

News Brief: The latest draft of a proposed Indian gaming compact would put all of the state's share of gambling profits into education, with the bulk funding a teachers' health care plan unveiled last week.

News Brief: Notwithstanding a possible settlement, the trial over the proposed casino in the Hamptons by the Shinnecock Indian nation is scheduled to begin this April.

News Brief: Governor McGreevey promises that there will be no new taxes and no push for racetrack slots.

News Brief: Backers of an initiative that would bring slot machines to Santa Anita Park and other California racetracks now have five months to collect enough signatures to qualify for the ballot.

News Brief: Governor Mike Johanns says he believes the expanded gambling initiative scheduled to hit the streets next month will bring nothing but problems to the state of Nebraska.

News Brief: Lawmakers and interest groups on both sides of the gambling debate say they will look for common ground on helping gambling addicts, whether than means putting new restrictions on credit card machines at casinos or restricting access at the door.

Magna Entertainment reports the appointment of Jack McDaniel as President of Santa Anita Park and the resignation of Jack Liebau as President, MEC California Operations and a member of the MEC Board of Directors.

The Las Vegas Strip's Aladdin hotel-casino, in the midst of a U.S. Bankruptcy Court-approved sale, had a loss of $4.1 million in December, documents filed with the court said.

News Brief: The Imperial Palace will save more than $5 million in property taxes over the next eight years under a settlement agreement reached Monday.

News Brief: Governor Ed Rendell today proposed new legislation to legalize slot machines at up to 12 venues in Pennsylvania.

VEGAS.com, an Internet travel site, won three silver and two bronze awards for public relations, marketing and promotional excellence at the Hospitality Sales & Marketing Association International 2003 Adrian Awards in New York Monday.

ews Brief: An anti-gambling group is crying foul over plans by the Iowa Association of Business and Industry to underwrite a study for state lawmakers examining the economic impact of gambling in Iowa.

News Brief: Oakdale, Louisianan, may have violated its compact with the Coushatta Tribe of Louisiana by failing to use gaming funds properly.

News Brief: Six of every ten Minnesotans favor allowing a new casino to be located in the Twin Cities metro area to help balance the state budget.

News Brief: Representatives of riverboat casinos floated a plan to Iowa lawmakers Monday that would allow them to forgo a cruising requirement if they give the state an additional 1 percent of their revenue in taxes.

News Brief: Gamblers from Rhode Island and Massachusetts drop more than $1.1 billion dollars each year at the Foxwoods and Mohegan Sun casinos in Connecticut, according to a new study.