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Gaming News Archives - Page 3297Full House reports results13 August 2007
Full House Resorts reports for Q2, income from operations increased to
$836,000 compared to $66,000 in the prior-year period with net income
improving to $236,000 from $97,000 in the prior period.
Harrah's cuts conversion price for notes13 August 2007
Harrah's Operating Company, Inc. reports that the conversion price under its outstanding $375 million Floating Rate Contingent Convertible Senior Notes due 2024 has been adjusted to $65.54 from $65.85.
Penn Gaming to acquire Maryland race track13 August 2007
News Brief: Penn National Gaming Inc., owner of Hollywood Casino in Tunica, has entered into a preliminary agreement to buy Rosecroft Raceway in Fort Washington, Md. from Cloverleaf Enterprises Inc.
Looking in on: Gaming12 August 2007
A selection of news and views from inside the industry this week.
Jeff Simpson notes that earlier predictions didn't factor in tougher lending standards12 August 2007
With casino resort companies doing record-setting business, and six major resort projects under construction on the Strip, it might seem surprising that the biggest business news story in Las Vegas revolves around the slumping real estate market.
River Rock Entertainment Authority appoints new CFO10 August 2007
The River Rock Entertainment Authority, the operator of the River Rock Casino in Sonoma County, California, today announced that Joseph Callahan has been appointed Chief Financial Officer, effective immediately.
Global Cash reports results10 August 2007
Global Cash Access Holdings reports for the quarter ended June 30, 2007, revenues were $151.5 million, an increase of 13.4% over the $133.6 million in revenues recorded in the same quarter last year.
Court denies injunction against FutureLogic10 August 2007
FutureLogic responded today to the press release issued by TransAct Technologies Corp. regarding the lawsuit between the two companies pending in the United States District Court for the Central District of California.
Third person dies at CityCenter site10 August 2007
A construction worker was killed Thursday at a Strip construction site when he was cut in half by a counter-weight system used to operate an elevator, authorities said.
Culinary official chides Nevada regulators10 August 2007
An apparent lack of concern by Nevada gaming regulators regarding staff cuts at the Tropicana has the Culinary union seeing red.
Lawsuit filed against Elad Group10 August 2007
Tamares Las Vegas Properties filed a complaint Thursday in Clark County District Court to block Elad Group of New York from using the Plaza name in Las Vegas.
Tax discrepancy led to wider losses at Binion's10 August 2007
Binion's gave back its winnings and then some to the state of Nevada to correct an unemployment tax discrepancy that occurred from March 2005 to December 2006.
Cash Systems names new VP10 August 2007
Cash Systems, Inc. reports that it has named Charles S. Crawford as Executive Vice President of Operations.
Dakota Dunes Casino opens10 August 2007
News Brief: With the pounding of a drum, the singing of the Lightning Spirit musicians and the swish of grass dancers' elaborate costumes, staff dropped the curtain, and spectators milled in to catch their first glance of the Saskatchewan's newest and largest casino.
Towns await Arizona casino decision10 August 2007
News Brief: Chandler Mayor Boyd Dunn and Councilman Matt Orlando say the city and neighbors need more details from the Gila River Indian community about a planned casino move as a new group of residents mounts opposition.
Developer eyes Sumner county casino10 August 2007
News Brief: After defeat late Tuesday of a proposal that would have allowed a corporate casino in Sedgwick County, Kansas, Chisholm Creek Ventures is moving to the next county over.
Companies join Capital Play team10 August 2007
News Brief: Capital Play Inc. has added the partners Victoria Racing Club and Extell Development Co. to a team that hopes to develop the racing business at the Aqueduct and Belmont Park in New York.
NY tribe protests VLT proposal10 August 2007
News Brief: The Shinnecock Tribal Council is upset that an out of state tribe is being considered to run proposed video lottery terminals at Belmont Park and Aqueduct while they struggle to get their casino approved
Analyst: Reno lagging behind gaming boom10 August 2007
News Brief: The gaming industry is soaring worldwide, but not in Reno, a leading gaming analyst told a group of young Reno business leaders Wednesday.
Bad Beat jackpot winnings top $1.2 million10 August 2007
Absolute Poker today announced that $1,297,394.94 in jackpot money has been won since the popular online poker site launched Bad Beat Jackpot on June 22nd.
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