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Gaming News Archives - Page 4205Magna Reports Strategic Plan22 July 2005
Magna Entertainment’s Board of Directors has approved a recapitalization plan and that in connection with the Recapitalization Plan it has entered into two binding term sheets for loan agreements with a subsidiary of MI Developments Inc.
Report on Nevada Casinos Delayed22 July 2005
A committee created to study how neighborhood casinos can better fit into Southern Nevada communities will need another 30 days before presenting a report expected to create new standards for how such projects look.
Remington Park, Zoo Reach Lease Agreement22 July 2005
Magna Entertainment, the owners of Remington Park, have agreed to pay the Oklahoma City Zoo at least $370,000 more per year to lease the racetrack property.
Louisiana Video Poker Take Up22 July 2005
Video poker's take from gamblers increased during Louisiana's last fiscal year, along with the number of truck stop mini-casinos hosting the machines.
Casinos Outside Nevada Face Tough Marketing Rules22 July 2005
Casino marketers gathered for a conference in Las Vegas earlier this week and described restrictive advertising rules they believe are tied in part to skepticism of the gaming industry.
IGT Beats Analysts' Expectations22 July 2005
International Game Technology continued to weather a drought in domestic casino openings today, reporting third-quarter earnings that fell 16 percent from a year ago, yet still beat analysts' expectations.
MTR Gaming Reports Profit Drop22 July 2005
MTR Gaming reported a 47 percent decline in profit in the second quarter compared with the same period last year.
Oklahoma Casino Plans Move Ahead22 July 2005
The design for a new Cherokee Nation casino in Sallisaw may change and construction has yet to begin, but officials say the tribe will move forward with its plans for the casino.
London Clubs Reports Loss22 July 2005
International News Brief: London Clubs International reports a £1.4 million full-year loss.
Australian Casino Accused of Illegal Tiger Breeding22 July 2005
International News Brief: Conrad Jupiters Casino is being accused of illegally breeding three tiger cubs and subsequently allowing one to die.
World Gaming Reports Updates22 July 2005
World Gaming provides an update on its sales and marketing activities and initiatives.
Harrah's Entertainment Increases Quarterly Cash Dividend22 July 2005
The board of directors of Harrah's Entertainment, Inc. has today increased the regular quarterly cash dividend 10 percent, to $0.3625 per share.
Boyd Gaming Reports Quarterly Dividend22 July 2005
Boyd Gaming Corporation’s Board of Directors has declared a quarterly cash dividend of $.125 per share.
Pocono Downs Plans Unveiled21 July 2005
Robert Soper, CEO of Downs Racing will unveil plans for the
proposed gaming and entertainment facility to be constructed on the existing grounds of Pocono Downs racetrack.
Pennsylvania Board Adds New Staff21 July 2005
The Pennsylvania Gaming Control
Board hasmade three appointments to key staff positions, according to Tad Decker, Chairman of the Board.
Pennsylvania Board Approves Regulations21 July 2005
The Pennsylvania Gaming Control Board has approved general regulations governing standards for gaming-facility operators, racetracks and gaming-addiction treatment and prevention programs.
Delaware Casino Plan Finds Backers21 July 2005
News Brief: Developers proposing a $300 million gambling and entertainment playground in Delaware have teamed up with Merrill Lynch & Co. to overcome political opposition to a casino there.
Trump Pushes Lawsuit Despite Status Limbo21 July 2005
News Brief: Donald Trump and Amalgamated Industries are moving ahead with their lawsuits against the Eastern Pequots, even though the tribe's federal recognition and casino plans are stuck in a holding pattern.
Rhode Island Casino Deal Unique21 July 2005
News Brief: The deal signed between Rhode Island and BLB is setting a new precedent.
Tribe Funds Gaming Institute21 July 2005
News Brief: A San Diego Indian tribe has donated $5.47 million to San Diego State University to create an educational institute on casino gaming.
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