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Gaming News Archives - Page 4564

 
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Analyst: Venetian Clear No. 2, Strong Earnings Put Strip Resort Behind Only Bellagio

4 February 2004
Despite strong growth in 2003 at the Las Vegas Sands, owner and operator of The Venetian, Grand Canal Shops and Sands Macau, net income faltered in the fourth quarter on weak table play, depreciation and interest expenses, officials said Tuesday.
 

Michigan Mayor Wants End to Seniors' Casino Trips

4 February 2004
News Brief: Plymouth Mayor Gary Cook is worried that local senior citizens may be gambling away their rent money, and he wants the park department to stop providing buses for trips to area casinos.
 

Binion's Workers to Still Get Aid

4 February 2004
A national emergency program that has been used to help hundreds of former Binion's Horseshoe employees is ending, but another 400 out-of-work casino workers will still be eligible for help, a Nevada Partners official said.
 

NFL Vows to Close Las Vegas Advertising Loophole

4 February 2004
It looks like Janet Jackson's breast isn't the only thing that won't be making a return appearance on next year's television broadcast of Super Bowl XXXIX.
 

Work Begins on New York Racino

4 February 2004
News Brief: Construction is expected to begin this week at one of the New York race tracks that will offer video lottery terminals.
 

Super Bowl Betting Sets Nevada Record

4 February 2004
News Brief: Football fans bet a record $81.2 million in Nevada on the Feb. 1 Super Bowl, and casinos won a hefty $12.4 million, state gambling regulators reported on Wednesday.
 

Saratoga Gaming and Raceway VLTS Activated

4 February 2004
The video gaming machines from Sierra Design Group have been activated at Saratoga Gaming and Raceway in Saratoga Springs, New York.
 

Harrah's Results Mixed

4 February 2004
Harrah's Entertainment reported Q4 revenues of $1.04 billion, up 3.6 percent from revenues of $1.01 billion in the Q4 2002. Q4 net income was $35.4 million, down 34.3 percent from $53.9 million in the year-ago period.
 

New Nightclub Planned

4 February 2004
Hard Rock Hotel and Casino owner Peter Morton has signed a deal to partner with Hollywood nightlife developer Brent Bolthouse on the opening of a new yet-to-be named nightclub at his Las Vegas hotel.
 

Alliance Gaming Wins Contract for Sands Macau

4 February 2004
Alliance Gaming’s Bally Gaming and Systems business unit has signed a contract with Las Vegas Sands, Inc. to provide an integrated marketing and casino management system and nearly 34 percent of the slot floor for the new Las Vegas Sands resort scheduled to open in Macau this spring.
 

Argosy Gaming Results Down

4 February 2004
Diluted EPS for 2003 were $0.46 on net income of $13.6 million, as compared to Diluted EPS of $0.56 on net income of $16.5 million for Q4 2002.
 

Las Vegas Hilton President Resigns

4 February 2004
William Bigelow has submitted his resignation as president of the Las Vegas Hilton as the property's prospective buyer makes plans to announce its choice to head the resort after the sale closes.
 

Magna Reconsiders Golden Gate Proposal

4 February 2004
News Brief: A Magna Entertainment Corp. representative told residents of Albany, California, that Magna is rethinking the planned development of its property adjacent to Golden Gate Fields and will resubmit its proposal after revisions are made.
 

WMS Industries Reports Loss

4 February 2004
WMS Industries Inc. today reported a net loss of $370,000, or $0.01 per diluted share, for the Q2 compared to a net loss of $1.8 million or $0.06 per diluted share for Q2 2002.
 

GTECH Wins Mexico Lottery Contract

3 February 2004
GTECH Holdings Corporation has been selected by Pronosticos para la Asistencia Publica to provide equipment and services for a new online lottery system and associated telecommunications network.
 

MGM Mirage, British Land Company Plan Entertainment Complex

3 February 2004
MGM Mirage and The British Land Company PLC plan to develop a leisure and entertainment complex adjacent to British Land's Meadowhall Shopping Centre in Sheffield.
 

Perini Wins Green Valley Ranch Station Contract

3 February 2004
Station Casinos Inc. awarded Perini Building Co. a $63 million construction contract to expand Green Valley Ranch Station, a four-diamond casino resort.
 

Closed Casino: Castaways Likely Finished

3 February 2004
The Castaways is unlikely to reopen, Las Vegas casino industry executives predicted on Monday after the 49-year-old hotel-casino was sold to Vestin Mortgage, the property's biggest creditor.
 

Columnist: Las Vegas, NFL Need Timeout

3 February 2004
Las Vegas Sun columnist, Jeff German, thinks that Las Vegas and the NFL need to step away from their squabbling.
 

Betting Ban Not Discussed at College Sports Meeting

3 February 2004
Once a top priority of the National Collegiate Athletic Association, legislation to prohibit Nevada sports books from taking bets on amateur athletic events did not figure prominently Monday in a discussion of college sports reform.
 


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