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Gaming News Archives - Page 4270Louisiana State Casinos Win $178.9 Million17 November 2004
Louisiana's state-licensed casinos won $178.9 million from gamblers in October, up from $163.4 million in October 2003, state police reported Tuesday.
Spectre Gaming Launches Games in California17 November 2004
Spectre Gaming, Inc. has signed an agreement to launch its "Multi-Reel" mechanical games into northern California with its upcoming installation of machines into Gold Country Casino.
Black Oak Expansion Near Completion17 November 2004
The tri-level Black Oak Phase II entertainment facility is scheduled to open the main gaming floor on January 12th and the balance of the property to be fully opened by the end of January, bringing more excitement to all ages and a wealth of benefits to the local economy.
President Casinos Enters into Asset Purchase Agreement with Broadwater17 November 2004
President Casinos, Inc. has entered into a stalking horse asset purchase agreement with Broadwater Properties, LLC to sell certain of its Mississippi properties.
Pinnacle Entertainment Announces Cash Tender Offer17 November 2004
Pinnacle Entertainment, Inc reports that it intends to commence a cash tender offer for up to $94 million in aggregate principal amount of its 9.25% Senior Subordinated Notes due 2007.
U.K. Gambling Bill to Set Initial Super-Casinos Limit17 November 2004
International News Brief: The U.K. government will set an initial limit of eight Las Vegas-style super-casinos in its new gambling bill, to reduce opposition from members of Prime Minister Tony Blair's Labour party.
Connecticut Tribal Casinos Report Record Slot Revenue16 November 2004
ews Brief: Mohegan Sun and Foxwoods Resort Casino won more money from their slot machine customers last month than in any previous October, the result of continued growth at the two facilities and a calendar that included two more weekend days than 2003.
President Casinos Employee Charged with Cheating Company16 November 2004
News Brief: A purchasing agent for President Casinos Inc. received $251,000 in kickbacks as part of a bid-rigging scheme, according to a federal indictment.
Sporting Options Under Investigation16 November 2004
nternational News Brief: Sporting Options, a small Sussex-based online betting exchange which has stunned customers and rivals with its apparent rapid growth, was yesterday placed in administration and police are believed to have been called in to investigate possible misuse of punters accounts.
Luminar Bets £7 Million on Casino16 November 2004
International News Brief: Luminar boss Stephen Thomas is gambling £7million on it’s frist casino in Leeds.
State Police Vow Crackdown on Bars That Pay on Machines16 November 2004
The Idaho State Police crackdown on bars that pay money to people who use electronic poker machines ought to send a message to other bars doing the same thing: Stop.
Casino Supplier's Loss Narrows16 November 2004
Gaming Partners International Corp. reported a 30 percent increase in third-quarter revenue on increased customer demand and new casino openings, including properties in Macau.
Paradisebet Signs with Orbis16 November 2004
Orbis reports that it will provide UK based Italian bookmaker Paradisebet Ltd with its OpenBet interactive gambling platform.
Poker Champion Launches Poker Set16 November 2004
Professional poker player Howard Lederer's new Texas Hold'em Poker Tournament set goes on sale just in time for Christmas.
Harrah's Joins Children Hospital Campaign16 November 2004
Harrah's Entertainment, Inc. has joined forces with St. Jude Children's Research to support the hospital's Thanks & Giving campaign.
Gaming Commission Set to Vote on Hard Rock Settlement16 November 2004
The 10-month controversy over the Hard Rock Hotel's racy advertising campaigns is expected to come to a close this week when the Nevada Gaming Commission considers a settlement agreement hammered out last month.
Las Vegas Sands Reports 100% Return on Macau Casino16 November 2004
nternational News Brief: At the $265 million Sands Macau, the first Las Vegas-style casino in Asia, gamblers spend $1.37 million on average each day. Profit equals an annual 100 percent return on investment for owner Las Vegas Sands Corp., according to gaming analyst Jonathan Galaviz.
Slot Maker Files for Bankruptcy16 November 2004
A small Las Vegas slot machine manufacturer has filed for Chapter 7 bankruptcy protection, a move that usually leads to the liquidation of a company.
Pennsylvania House Approves Gambling Measure16 November 2004
News Brief: The Pennsylvania House of Representatives has approved a measure that would ban lawmakers from owning a stake in gambling-related businesses and also would make several other changes to Pennsylvania's new gambling law.
Venetian Owner Reports Loss16 November 2004
Incentive payments to executives worth about $62 million and about $49 million in grants of executive stock options helped drive down third quarter profit at the owner of the Venetian resort in Las Vegas.
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