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Gaming News Archives - Page 4640Herbst Gaming Earnings Improve5 November 2003
Herbst Gaming Inc. of Las Vegas reported increases in profit, revenue and cash flow for the third quarter ended Sept. 30 compared to the same quarter a year ago.
Casino Developer Steve Wynn Sells Painting for Record Amount5 November 2003
News Brief: Casino developer Steve Wynn sold one of the 'season's sexiest' paintings for a record amount at a Christie's auction Tuesday night.
Australian Groups to Merge5 November 2003
International News Brief: Victorian-based Tabcorp has announced plans to merge with New South Wales gaming group, TAB.
Orange County Voters Approve Casino5 November 2003
News Brief: After winning a decade-long fight for a casino, some are banking on this sleepy pocket in southern Indiana hill country doing more than waking up to a few hundred new jobs. Roaring back to life is what they have in mind.
Problem Gamblers File Lawsuit Against Detroit's Casinos5 November 2003
News Brief: Two problem gamblers have filed a lawsuit claiming that Detroit's casinos failed to enforce a state program designed to keep gambling addicts out of their facilities.
Palm Springs Deal Sparks Lawsuit5 November 2003
News Brief: The group says the agreement violates California law by giving public money to a gambling casino.
Moscow May Get New Casino5 November 2003
International News Brief: Sindica, a holding company, has bought the Moskvichka shopping center, one of Moscow's oldest and most famous retail complexes. Experts say it may be converted into a casino, as the Novy Arbat area is acquiring a reputation as an entertainment district.
Hollywood Casino Shreveport in Debt Restructuring Talks5 November 2003
News Brief: Hollywood Casino Shreveport is in negotiations with representatives of noteholders regarding a possible restructuring of its debt or other possible resolution.
Harrah's Rincon Casino to Reopen5 November 2003
News Brief: Harrah's Rincon Casino and Resort is scheduled to reopen today at 11 a.m.
Isle Black Hawk to Start Expansions5 November 2003
A joint venture between Nevada Gold & Casinos and Isle of Capri expects to begin expansion on racetracks now that Colorado voters have rejected an amendment that would have allowed VLTs.
Maine Defeats Indian Casino Plan5 November 2003
News Brief: An overwhelming majority of Maine voters said no dice Tuesday to the Passamaquoddy and Penobscot Indian tribes proposal to build a $650 million gambling casino.
Hollywood Casino Shreveport Names New General Manager5 November 2003
HCS I, Inc., the managing general partner of Hollywood Casino Shreveport reports that Mel Thomas has been named General Manager of the property.
Fourth-Quarter Profits Surge 72 percent for Slot Giant IGT5 November 2003
With casinos converting to cashless slot machines and gaming proliferating nationwide, Reno-based International Game Technology continued its record-breaking growth rates in the quarter and year ended Sept. 30.
Mikohn Gaming Reports Loss5 November 2003
For Q3 2003, the Mikohn reported a net loss of $4.2 million, or $0.32 per share, as compared to a net loss of $30.2 million, or $2.35 per share, in Q3 2002.
Convention Authority Representative Expects Number of Asians Visiting Las Vegas to Climb5 November 2003
What's been a disappointing year for the local Asian travel sector could conclude on a positive note for Las Vegas, the convention authority's Japanese representative said Tuesday from Tokyo.
Harrah's Entertainment Declares Quarterly Cash Dividend5 November 2003
LAS VEGAS – (Press Release) -- The board of directors of Harrah's Entertainment, Inc. (NYSE: HET) today declared a regular quarterly cash dividend of 30 cents per share, payable November 26, 2003, to shareholders of record as of the close of business on November 12, 2003. Las Vegas Convention Numbers Down4 November 2003
A drop in the number of large conventions and dwindling attendance at major meetings toward the end of this year will hurt at least two major gaming operators, a new report from UBS Warburg says.
Security Commission, Gaming Industry to Meet4 November 2003
The Nevada Homeland Security Commission will hold its first meeting Wednesday and address gaming industry concerns about compliance with a new law requiring casinos to file emergency response plans with state and local agencies.
Westin Casuarina Hopes to Open Soon4 November 2003
Inspection delays have pushed back indefinitely the opening of the Westin Casuarina Hotel and Spa, an approximately $80-million resort project built on the site of the former Maxim. The developer had hoped the hotel-casino would be open by now.
Tabcorp Cools Victoria Contract Speculation4 November 2003
International News Brief: Tabcorp has said it has not yet started discussions over the future of its licence to operate in Victoria, Australia.
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