Featured Articles Archive - Page 746

Judge Dismisses Lawsuit Against Paris Las Vegas

LAS VEGAS -- A federal judge on Wednesday summarily dismissed a lawsuit stemming back to the 1999 opening of the Paris Las Vegas resort in which a California gambler claimed hotel executives reneged on promises after he lost millions at the casino...read more

Ameristar Announces Plans for UK Casino

Las Vegas-based Ameristar Casinos, best known for its Midwestern riverboat gaming houses, announced Tuesday it was joining other American casino operators in a rush across the Atlantic to develop a resort in England once the United Kingdom deregulates its gaming industry in 2005. Ameristar, which does not have a Las Vegas casino but is headquartered at offices in the Howard Hughes Center, has entered into agreement with the city of Southampton, England, and a British arena developer to build a casino-hotel project as part of a regional complex that will include an 8,000-seat ice arena and leisure skating facilities. Ameristar will build a 65,000-square-foot casino along with a luxury hotel, restaurant attractions and meeting facilities as part of the project in the West Quay area of Southampton, a city located in England's south coast, about an hour-and-a-half from London by train. Steve Eisner, vice president of development for Ameristar, said Southampton and the region has a population of 2 million...read more

Nevada Casino Win Up

LAS VEGAS --Fueled by a surge in table game play on the Strip, Nevada casinos in October recorded their second-best month ever, winning $924.9 million from customers, numbers reported Friday by the state Gaming Control Board show. The figure was a 13 percent increase from a year ago and the amount was second only to the March 2004 total win of $930 million, an all-time high...read more

Holiday Décor on the Strip

LAS VEGAS -- Longtime casino types remember the days when holiday decor during December at a Strip hotel-casino consisted of a fake Christmas tree in the hotel lobby, a few twinkling lights in the buffet area and silent nights. The holidays were a time that casino employees took vacation, maintenance crews performed touch-up work and the marketing staff readied for the busy New Year's holiday...read more

Horoscope for the week of December 12, 2004

Tip of the Week: With Venus and Mars still in close alignment and now the Sun conjunct Pluto the lingering intensity of Scorpio is persisting. Among other characteristics, Scorpio is about the processes of death and rebirth. This could be literal and it can also refer to physical, psychological and/or emotional changes...read more

Shuffle Master Revenues Up

LAS VEGAS -- Focusing on its core business as a casino equipment supplier, Shuffle Master said Thursday the company grew its revenues 48 percent in the fourth quarter and 45 percent for fiscal 2004. In addition, Shuffle Master announced a 3-for-2 stock split to take effect in January...read more

Litigation Could Hurt Alliance Gaming Stock

LAS VEGAS -- Patent litigation brought by International Game Technology against rival slot machine manufacturer Alliance Gaming could be the latest adverse element affecting the company's slumping stock price, one gaming analyst said. The action by IGT, which is seeking to keep Alliance from marketing a slot machine the company says infringes on a half-dozen patents covering machines and systems that feature additional payout opportunities, such as secondary bonus wheels, bonus reels and touch screen display devices, had been anticipated by investors...read more

An Overview of the UK National Lottery Bil

The U.K. National Lottery Bill, published Nov. 26 by the British Department for Culture, Media and Sport (DCMS), aims to improve how lottery funds are distributed to good causes as well as streamline administrative processes to save an estimated £6 million to £12 million per year...read more

WMS Board Member Resigns, Makes Accusations

CHICAGO -- A WMS Industries board member abruptly resigned last month while firing off a two-page resignation letter that alleges company wrongdoing at the Chicago-based slot machine manufacturer and a personal vendetta by a Wisconsin gaming regulator, documents show...read more

DOJ Holds Its Ground in Casino City Case

The U.S. Department of Justice's latest filing in the Casino City test case further clarifies the arguments to which both sides intend to adhere throughout the case. The DOJ on Friday filed a reply brief in support of its motion to dismiss Internet portal site Casino City's attempt to obtain a declaratory judgment on its constitutional right to carry advertisements for online gambling companies...read more