Casino and Gambling news stories from Dec 2006

Genting Says Latest Casino Will Make It Worlds Top 3 - Wednesday 13th of December 2006

Genting Bhd., the Malaysian gaming operator thats expanding into Singapore, said revenue from its latest venture will make it the worlds third-largest casino operator within a decade. Its shares extended gains to a record. ``To be the top three, you ....


New Jersey casino revenue rises even as 1 casino shuts doors - Wednesday 13th of December 2006

New Jerseys casinos brought in more in November than they did in the same month last year, even though the Sands Hotel Casino closed its doors. The increases cant be credited to a last-minute gaming bonanza at the Sands, which had been the citys smal....


Online gambling closer to legalisation - Wednesday 13th of December 2006

Cabinets approval last week of the Draft Gambling Amendment Bill brings legal online and cellphone gambling one step closer.One interpretation of Pretoria High Court judge Willie Hartzenbergs judgment last month on Internet gambling is that all gambl....


PUBLISHING and Broadcasting Ltd (PBL) has been unsuccessful in obtaining a casino licence from the Singapore government, as part of the Eighth Wonder Asia syndicate. - Wednesday 13th of December 2006

Betting giant Ladbrokes is believed to be in talks with Britains biggest racecourse operator about a joint casino venture at the Wolverhampton track. Under the deal, Arena Leisure - which also owns racecourses in Windsor, Berkshire, and Lingfield, S....


Packer loses on casino bid - Wednesday 13th of December 2006

PUBLISHING and Broadcasting Ltd (PBL) has been unsuccessful in obtaining a casino licence from the Singapore government, as part of the Eighth Wonder Asia syndicate.PBL (Quote,News) and its joint venture partner in Asia, Melco International Developme....


Four held for casino van heist - Wednesday 13th of December 2006

Four men charged in connection with the –1.6 million holdup in September of an armored van at a casino on Mount Parnitha, north of Athens, were yesterday remanded in custody after testifying before an investigating magistrate.The 38-year-old former....


Florida tribe’s Hard Rock coup - Wednesday 13th of December 2006

The Seminole Indians have ridden in with $965m to snap up the restaurant chain from Rank, writes Matthew Goodman THE Seminole Indian tribe knows how to throw a party. The opening of its first Hard Rock casino and hotel two years ago had a team of 1....


Russia proposes limiting gambling to four zones - Wednesday 13th of December 2006

Russian lawmakers are hoping to stem the tide of gambling in Moscow and other major cities with a Kremlin-sponsored bill that would limit casinos to four Las Vegas-style zones in far-flung parts of the country.In post-Soviet Moscow, hundreds of neon-....


Anti-gambling pill fails test - Wednesday 13th of December 2006

A San Diego pharmaceutical firm said clinical trials were a flop for an orally administered drug aimed at blunting addicts’ urge to gamble.“The results … are disappointing,? Ken Cohen, president and chief executive of publicly traded Somaxon ....


Levy hits out at gambling probe - Wednesday 13th of December 2006

Tottenham chairman Daniel Levy has branded the governments plans to investigate the legality of gambling sponsorship in football ridiculous. Sports minister Richard Caborn has confirmed that the Gambling Commission will examine whether clubs carrying....


Slot machines seized in Paphos raid - Wednesday 13th of December 2006

OVER 20 illegal slot machines were confiscated on Monday night by police in the Paphos district. According to police reports, the Paphos Police Department found 22 of these machines at five different locations, and also took a sum of nearly £2,000 w....


Harrahs spent record $17.8 million on casino question - Tuesday 12th of December 2006

Harrahs Entertainment spent $17.8 million in its unsuccessful bid to bring casino gambling to Rhode Island, nearly doubling by itself the previous state record for spending in a political race of $9 million.The previous record of about $9 million was....


Genting wins Singapore casino license - Tuesday 12th of December 2006

Singapore awarded its second casino resort contract Friday to Genting International, whose proposal of a venture worth 5.2 billion Singapore dollars is intended to lure thousands of visitors with a Universal Studios theme park and a huge outdoor mari....


New gambling rules put shirt deals at risk - Tuesday 12th of December 2006

Premiership clubs could be forced to terminate lucrative sponsorship deals with gaming companies after the government announced it is to examine whether shirt sponsorships and other endorsements involving gambling operators are illegal.Tottenham Hots....


Hard Rock sold off cheap, say analysts - Tuesday 12th of December 2006

Investors and analysts gave a cool reception to the £490 million sale of the Hard Rock Cafe chain by Rank Group yesterday, describing the price tag as “modestly disappointing?. Rank said the sale of the rock-themed chain to the Native American S....


150 JOBS AT CITY CASINO - Tuesday 12th of December 2006

Work is under way to create a new casino costing £7m and creating 150 jobs. Stanley Leisures Nottingham Circus casino will open in the spring at The Cornerhouse in the city centre. It will be the largest in the East Midlands and will feature an elec....


Ladbrokes to buy online casino 888 - Tuesday 12th of December 2006

A £490M takeover of online gambling group 888 by bookmaker Ladbrokes is imminent. The two companies have been in talks for over a month and a source close to the situation said a deal could be struck as early as next week. An offer for 888 is expec....


Viva Macau gets green light to fly in December - Tuesday 12th of December 2006

Viva Macau, the first low-fare airline based in Macau, officially received the Air Operators Certificate (AOC) from the Civil Aviation Authority of Macau on November 27. Andrew Pyne, Viva Macau CEO told Destination Macau, "This is a milestone not onl....


Illegal Gambling Machines Seized - Tuesday 12th of December 2006

ELEVEN slot machines have been seized from taxi offices and takeaways in a swoop on illegal gambling.Officials from the Gambling Commission with police officers, customs officials and Burnley Borough Council officers raided seven businesses across th....


Singapore to name winner of casino bid this week - Tuesday 12th of December 2006

Singapore is expected to announce the winning bid for its second casino resort this week in a deal worth as much as US$3.5bil. The city-state is building two gaming resorts with family attractions in a bid to lure more tourists and develop the servic....


In the 17th century, ancestors of the Pequot Tribal Nation lost their position as the dominant culture along New Englands Atlantic Coast. - Tuesday 12th of December 2006

Station Casinos Inc. said on Monday it received a management-led buyout offer from a group including its Chairman and Chief Executive Frank Fertitta for $82 per share, or $4.7 billion.The offer marks the third buyout offer this year received by major....


Tribe sees a big prize in a riverfront casino - Tuesday 12th of December 2006

In the 17th century, ancestors of the Pequot Tribal Nation lost their position as the dominant culture along New Englands Atlantic Coast.Today, the Pequots - now owners of the worlds largest casino - aim to secure a position along Philadelphias Delaw....


Aristocrat hopes to cash in - Tuesday 12th of December 2006

ARISTOCRAT Leisure Ltd hopes to share in the spoils of Publishing and Broadcasting Ltds move into Asian casinos as it continues its aggressive international expansion.Aristocrat Leisure chief executive Paul Oneile said he would be disappointed if his....


One step closer to casinos in Cyprus - Tuesday 12th of December 2006

THE first concrete steps towards the establishment of a casino on the island have taken place following the conclusion of studies commissioned by the CTO, which have apparently given the green light for the go-ahead.The two studies, which looked into....


Del. slot casinos start to feel the squeeze - Tuesday 12th of December 2006

For more than a decade, Delawares three slot machine casinos have essentially had a license to print money for state government, racetrack-casino owners and the states horsemen.But that golden age is coming to an end -- and perhaps a whole lot sooner....


William Hill ready to gamble on Rank buyout - Monday 11th of December 2006

Bookmaker William Hill is considering a takeover bid for Rank, the leisure group that is in the throes of selling its Hard Rock cafe business for an estimated £500m.William Hill joins Ladbroke and a number of American groups in running a slide rule ....


Company loses access to online betting server - Monday 11th of December 2006

The Kahnawake Mohawk reserve’s gaming commission has suspended a LaSalle company’s access to an online betting server on the territory after the firm’s owner was arrested last week in the RCMP’s anti-Mafia raids. The company, WSC Management I....


Bookmakers are planning to trial roulette-based gaming machines in their shops, despite opposition from Tánaiste and Minister for Justice Michael McDowell. - Monday 11th of December 2006

Brownstein Hyatt & Farber is placing a big bet in Las Vegas. The politically connected Denver law firm will merge Jan. 1 with Schreck Brignone, a Las Vegas firm known for its A-list gaming clients. The firm will be named Brownstein Hyatt Farber Schre....


Bookmakers plan to shop test roulette-type gaming machines - Monday 11th of December 2006

Bookmakers are planning to trial roulette-based gaming machines in their shops, despite opposition from Tánaiste and Minister for Justice Michael McDowell.The bookies intend introducing "fixed-odds betting terminals" on a limited trial basis, possib....


Harrahs to pay $30 mln over tribe casino project - Monday 11th of December 2006

A San Diego jury has ordered Harrahs Entertainment Inc. to pay $30 million in damages to the Pauma Band of Luiseno Mission Indians for interfering in its hotel/casino project with Caesars Entertainment, the tribe said on Friday.Harrahs, which acqui....


Port officials OK SunCruz deal for a second casino boat - Monday 11th of December 2006

second casino boat is coming to the Port of Palm Beach.Port commissioners Friday approved a contract with SunCruz Casinos, a deal that could bring the financially struggling port more than $1 million a year in additional revenue. The 165-foot SunCru....


Lack of clarity on online gambling - Monday 11th of December 2006

Pretoria High Court judge Willie Hartzenberg this week granted the Gauteng Gambling Board a declaratory order, banning online gambling – other than bookmaking – in the province. But the position elsewhere is less clear, says ICT lawyer Lance Mich....


Last resort (with casino) in Singapore - Monday 11th of December 2006

Gambling stocks are on a roll. On Wall Street, the Dow Jones Gambling Index is now tripling gains of the broad market index. Harrahs, the worlds largest gaming operator with 60 casinos, is mulling a US$15 billion bid from a pair of private-equity fir....


Casino owner, employee beaten in $30,000 robbery - Monday 11th of December 2006

For ten minutes, two bandits held the Venezuelan manager of a St James casino and several employees at gunpoint yesterday. They beat him with a gun butt until he opened a vault on the upper floor and handed over the workers payroll. The two bandits r....


£5million poker on the web - Monday 11th of December 2006

FOOTBALL ace Teddy Sheringham yesterday launched the world’s biggest ever online Grand Slam poker event. The former England striker, 40, was surrounded by casino girls as he kicked off the VC Poker Grand Slam with a £5MILLION jackpot.The contest, ....


Swiss casino staff get big tip back from bosses - Monday 11th of December 2006

A casino in the Swiss city of Lucerne has agreed to hand over to staff 2.4 million Swiss francs (1.5 million euros, 1.9 million dollars) in tips which it had pocketed in 2002 and 2003.A local court had ordered the payment after two employees complain....


Budget airline plans flying casino - Monday 11th of December 2006

Ryanair, in the middle of a hostile bid for fellow Irish airline Aer Lingus, is continuing to break ground as a non-conformist operator with plans to turn its planes into flying casinos. Europes largest low-cost airline said Wednesday it was forming ....


Online gambling to be regulated - Monday 11th of December 2006

The government unveiled plans on Tuesday to regulate Internet gambling and said a recent U.S. ban on the industry risked driving it underground. However, sports minister Richard Caborn told a news conference Britain would not protect online gaming ex....