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Gaming News Archives - Page 4759Casino Giants Take Different Online Approach14 November 2003
Three casino giants, amid shifting trends in online room reservations and online gaming, are taking sharply different tacks.
Palms Owner Looking to Expand14 November 2003
Palms owner, George Maloof, is looking for opportunities to expand in Las Vegas or California although he said he won't act until he finds the perfect project.
Ex-Marine Hits $19.6 Million Slot Jackpot14 November 2003
A 69-year old retired Marine from Las Vegas won $19.6 million at the Stardust shortly after midnight Friday morning on his favorite bank of Megabuck machines.
Park Place Gets Subpoena in Money Laundering Probe14 November 2003
News Brief: Park Place Entertainment and Caesar’s Palace has been served grand jury subpoenas in connection with a money laundering investigation.
Lawsuit Hurts Pinnacle Entertainment Results14 November 2003
Pinnacle reports that for Q3 EBITDA declined by $6.4 million to $20.4 million from $26.8 million for the Q3 2002. Adjusted net income for the quarter was $164,000, or $0.01 per share, compared to $2.5 million, or $0.10 per share for Q3 2002.
Station Casinos Enters Partnership with Pottawatomi Band14 November 2003
he Match-E-Be-Nash-She-Wish Band of Pottawatomi Indians and Station Casinos, Inc. have entered a partnership in the development and operation of the tribe’s gaming and entertainment project.
Harrah's Entertainment Adds to Board of Directors14 November 2003
Harrah's Entertainment reports that Christopher J. Williams, Chairman and CEO of The Williams Capital Group, L.P., and Williams Capital Management, LLC, has been appointed to serve on the Harrah's Entertainment Board of Directors.
Scientific Games Files Offering14 November 2003
News Brief: Scientific Games has filed with the Securities and Exchange Commission to periodically sell up to $500 million in debt securities and Class A common stock.
Isle of Capri Casinos Results Up14 November 2003
For Q2 , the Isle of Capri reported net revenues of $269.7 million, compared to $260.1 million for Q2 2003, and Adjusted EBITDA of $57.9 million, compared to $51.9 million for Q2 2003.
Moody's Assigns Mandalay Resort Group Ratings14 November 2003
Moody's Investors Service assigned a Ba2 rating to Mandalay Resort Group's proposed $250 million senior unsecured notes due 2011, and confirmed the company's existing ratings.
Nevada Gold & Casinos Revenue Up14 November 2003
Nevada Gold & Casino reports that for the Q2, revenue increased 171% to $3.7 million compared to $1.3 million in Q2 2002.
Game Show Network Sets Blackjack Series13 November 2003
News Brief: The Game Show Network plans to deal its first casino game series, `The World Series of Blackjack’, next spring.
Nevada Court Questions Basis for Gamblers' Arrest13 November 2003
News Brief: Nevada Supreme Court justices raised questions Thursday about the validity of a lower court ruling that dropped the state Gaming Control Board from a suit filed by two Las Vegas gamblers who said they were arrested and wrongfully accused of cheating.
Harrah's Names New Vice President13 November 2003
Jonathan S. Halkyard has been named Vice President and Treasurer of Harrah's Entertainment, Inc.
Mohawk Tribe, Park Place Sign Agreement13 November 2003
The new leaders of the Saint Regis Mohawk Tribe and Park Place Entertainment Corporation have signed amended management and development agreements that will govern the construction and operation of the Tribe's planned $500 million Mohawk Mountain.
Tropicana License Renewed13 November 2003
News Brief: Tropicana Casino and Resort is financially strong enough to weather an undetermined delay of its major expansion project, the Casino Control Commission said Wednesday in awarding the casino a four-year license renewal.
Travel Channel Launches World Poker Tour Ladies Night13 November 2003
For the first time ever on television, six of the top professional women poker players in the world will face each other in an exclusive new special, World Poker Tour Ladies Night.
Binion's Hit With Labor Complaint13 November 2003
The Las Vegas office of the National Labor Relations Board filed a complaint against Binion's Horseshoe hotel-casino on behalf of a former employee who was terminated.
Fitzgeralds' Loss Widens13 November 2003
The Fitzgeralds hotel-casino has reported a widening operating loss and negative cash flow for the third quarter compared to a year ago as part of the company's third quarter results.
Louisiana Downs Meet Handle Increases13 November 2003
News Brief: Louisiana Downs concluded its 80-day meeting on Sunday with a handle increase of nearly 12%.
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