Casino and Gambling news stories from Sep 2005

Rita casino damage less than feared - Monday 12th of September 2005

Reports from some casino companies today indicate that Louisiana casinos sustained relatively modest damage from Hurricane Rita, which touched down just east of the Texas-Louisiana border early Saturday.Neighborhoods in southwest Louisiana and easter....


Floating Casinos Wrecked, Millions in Tax Dollars Lost Daily; Mississippians for Jobs Says Rebuilding Ashore Will Assure Revenues to Benefit Citizens Again - Monday 12th of September 2005

With millions in tax revenues lost daily because Mississippis offshore gaming industry has been destroyed by Hurricane Katrina, and with banks and insurers reluctant to support new floating structures, business groups have formed an alliance to ask t....


HARRAHS, KEPPEL LAND COMMENT ON SINGAPORE CASINO BID PROCESS - Monday 12th of September 2005

We are very happy with the progress of our plans for the integrated resort and will continue the good momentum we have achieved thus far. The integrated resort is very important for Singapores future, and the Government has taken the prudent route in....


Loveman noncommittal on Caesars high-end future - Monday 12th of September 2005

Harrahs Entertainment Chief Executive Officer Gary Loveman says his company is taking a wait-and-see attitude on the high roller business at the recently acquired Caesars Palace.Lovemans remarks, given during a question-and-answer session at the rece....


PlayTech mulls London IPO - Monday 12th of September 2005

The slide in online gaming company shares in London apparently is not deterring PlayTech Cyprus Ltd. controlling shareholder Teddy Sagi. PlayTech develops operating and management software for online gaming sites. According to reports over the weeken....


Baha Mar Negotiates With Hilton For Casino Partnership - Monday 12th of September 2005

Under its heads of agreement with the Government of The Bahamas, Baha Mar is obligated to complete a deal for the branding of the casino by the end of the year, but company officials have said that they were trying to sign a contract by the end of Se....


Singapore Likely To Miss Casino Tender Deadline -Sources - Monday 12th of September 2005

Singapore is likely to miss an end-September deadline to issue tender documents for a casino resort on Marina Bay, people involved in the process say, frustrating potential bidders, which have already invested significant time and money in the projec....


Request for Proposals for the Integrated Resorts - Monday 12th of September 2005

The development of Integrated Resorts (IRs) is an important project that is expected to generate significant economic benefits to Singapore. The Singapore Tourism Board, together with the relevant government agencies, are working on the feedback from....


Minister admits casino mistakes - Monday 12th of September 2005

It is feared several hundred thousand pounds of taxpayers money has been wasted, now plans for St Pierre Park Hotel look unlikely to go ahead. Deputy Laurie Morgan says the money could still be recouped if other developers bid for a casino licence. T....


Online Betting Website Traffic Volumes - Monday 12th of September 2005

The number one spot is filled by the Hong Kong Jockey Club, a non-profit making government body which administers and regulates horse racing and betting in Hong Kong. For the year ending June 2004 total group turnover was HK$88 billion, with football....


Las Vegas Sands Corp. Announces Plans to Usher in New Era of Entertainment in Singapore - Monday 12th of September 2005

Looking to position Singapore as a leading international tourism destination, Las Vegas Sands Corp. (NYSE: LVS - News) today announced a global strategic partnership with Clear Channel Entertainment (CCE) as part of its proposal to build an integrat....


Job fair seeks workers for new casino hotel - Monday 12th of September 2005

The first of several job fairs in Erie and Niagara counties intended to hire 1,000 workers for the new Seneca Niagara Casino Hotel in Niagara Falls will be held from 11 a.m. to 7 p.m. Tuesday and Wednesday in the Grand Island Holiday Inn, 100 Whiteha....


Smokefree cuts gaming machine revenue - Monday 12th of September 2005

Gaming machine profits have been hard hit by smokefree legislation, cutting income from machines in Ashburton pubs by around 20 per cent.Ashburton Trust financial accountant Fay Watson said the first few months following the December smoking ban saw ....


Gaming tycoon in Israeli fraud trial - Monday 12th of September 2005

THE gaming tycoon who plans to convert Londons Olympia exhibition centre into the capitals first super-casino along with US entertainments giant MGM Mirage, faces trial in Israel this week on numerous fraud charges. OTHER STORIESTesco targets US dea....


Casino worker charged with first-degree theft - Monday 12th of September 2005

A casino worker was charged with first-degree theft Friday by Snohomish County prosecutors, who say she was caught on videotape pilfering cash.Sarah Kay Farmer, 27, of Everett allegedly took $2,500 from BC McDonalds Casino while working as a cashier ....


Casino fixer gambling on win in UK - Monday 12th of September 2005

Allan Solomon’s Isle of Capri wants to be the first US casino operator to open a large-scale venue in Britain. But only one will be allowed and competition is fierce THIS week we’re doing lunch. It’s the pragmatic choice — my interviewee, A....


Tensions building over liberalisation of EU gambling sector - Monday 12th of September 2005

The high stakes question of whether to liberalise the EU lottery and betting industry is raising tensions between proponents of different gambling models in Europe as well as EU institutions.National monopolies on the continent and British bookmakers....


Review of licences could put an end to pokies - Monday 12th of September 2005

PROBLEM gambling fuelled by poker machines could be a thing of the past by 2012 if the State Government of the day decides it can do without the cash the machines generate for state coffers, totalling almost $850 million last financial year.The Solic....


Global Gaming Expo attendees warned of hepatitis-A exposure - Monday 12th of September 2005

Health officials in Nevada warned Friday that as many as 25,000 people who attended a Las Vegas gambling industry convention this month might have been exposed to a a virus that causes a serious, though rarely fatal, liver disease. A sales representa....


435 workers at casino in Calgary go on strike - Monday 12th of September 2005

Citing pay rates verging on minimum wage and "loud and smoky" working conditions, employees at a Calgary casino hit the picket line yesterday in a bid for a better deal. The 435 striking workers at ABS Calgary Casino, including dealers, food service ....


32Red online casino goes for a rolling flotation - Monday 12th of September 2005

The online casino group 32Red listed just 0.5pc of its equity on Aim yesterday after deciding to press ahead with a float despite pulling a planned fundraising in the wake of the collapse of PartyGamings shares.The company, which was set up in 2002 b....


Peppermills $230 million expansion includes 17-story hotel tower - Monday 12th of September 2005

In the works for six years, the Peppermill Hotel-Casino unveiled plans Thursday for a $230 million expansion, including a 17-story, all-suite hotel tower. In addition to the new hotel tower with 600 rooms, the blueprint calls for retail shops, a two-....


Opposition mounts to Las Vegas-based companys Reno plans - Monday 12th of September 2005

A group of residents has launched a petition drive against a Las Vegas-based companys plans to build a major resort in south Reno, saying it will worsen traffic and crime. "This is one of the most beautful areas in Reno and it looks like Las Vegas i....


Gaming Partners International Corporation Announces $50,000 Contribution to the Gaming Industry Katrina Relief Fund - Monday 12th of September 2005

Gaming Partners International Corporation (Nasdaq: GPIC - News) today announced that Gerard P. Charlier, the companys Chief Executive Officer, has presented a check for $50,000 to Frank J. Fahrenkopf, Jr., President and CEO of the American Gaming Ass....


92-Year-Old Las Vegas Man Wins Megabucks(R) Jackpot for the Second Time - Monday 12th of September 2005

Elmer Sherwins frequent visits to the Cannery Casino & Hotel in North Las Vegas paid off in a way few can imagine when he became the first person in the history of Megabucks® to win the top award twice. The $21,147,947 jackpot comes 16 years after h....


Kyls online casino restrictions rebuffed - Monday 12th of September 2005

Kyl tried to attach an online gaming restriction to a federal spending package but an unnamed Democrat objected to such a move and stalled the effort. Kyl wants to require U.S. banks and credit card companies to reject gambling payments to offshore c....


Man shot outside casino - Monday 12th of September 2005

Someone shot and critically wounded a man in the middle of a bustling casino parking lot Thursday, but police had no luck identifying a suspect or witnesses to the shooting.The incident unfolded around 1:15 p.m. in the west parking lot of Fantasy Spr....


Council caught up in casino bid row - Monday 12th of September 2005

BIRMINGHAM City Council is caught up in a "conflict of interest" row after it was claimed senior officials have been helping the National Exhibition Centres bid for a super casino.The council, which has to remain independent since it will have to rec....


Las Vegas Griffin Investigations Files Bankruptcy - Monday 12th of September 2005

A Las Vegas company known in the casino world for tracking cheaters has filed for bankruptcy after losing a court battle to two gamblers who say they were unfairly targeted. Griffin Investigatons owes more than $109,000. The men filed a defamation la....


Wynn cuts borrowing cost of Macau casino project - Monday 12th of September 2005

Wynn Resorts Ltd. this week cut the borrowing cost for its Macau gaming project amid bank demand for investment opportunities.Wynn Resorts lenders agreed to cut the interest on $764 million of loans to fund its $1.1 billion venture in Macau as banks ....


NICE Awarded $2.5 Million Dollar Deal to Supply Digital Video/Audio Capture Solutions with Content Analytics to Isleta Casino and Resort; Isleta Will Deploy in a Mass Implementation for Enhanced Secur - Monday 12th of September 2005

NICE Systems NICE, a global provider of advanced solutions that enable organizations to extract Insight from Interactions(TM) today announced its selection by Integrated Controls, one of the nations leading gaming systems integrators, to provide its ....


Las Vegas company that tracks casino cheats files for Chapter 11 - Monday 12th of September 2005

Griffin Investigations, Inc., a company known in the casino world for tracking cheats, has filed for Chapter 11 bankruptcy after losing a court battle to two gamblers who say they were unfairly marked. The Las Vegas-based company filed for bankruptcy....


Hotel-casinos link up with jobs Web site - Monday 12th of September 2005

Some Las Vegas hotel-casinos have joined a nationwide online effort to recruit displaced Hurricane Katrina victims, tourism industry officials said Wednesday. The Travel Industry Association of America announced a free job search Web site for evacuee....


Mini-empires rise from video poker landscape - Monday 12th of September 2005

West Virginia lawmakers set out to control illegal gambling by creating a state-run industry that allowed bars, restaurants and fraternal organizations to operate video lottery machines. Despite its detractors, the Limited Video Lottery Act has been ....


Lottery equipment maker attracts acquisition offer - Monday 12th of September 2005

Shares of lottery equipment maker Gtech Holdings Corp. rose Monday after the company said it was considering an acquisition offer from an unidentified party.Gtech spokesman Robert Vincent said the companys board of directors is taking the nonbinding....


Greektown drops plan to build new Detroit casino - Monday 12th of September 2005

Greektown Casino officials plan a $200 million expansion and 400-room hotel at their current downtown site and are dropping a plan to build a new complex at a different site.The company opened what at the time was called a temporary casino in Detroit....


Furniture market boosts July tourism - Monday 12th of September 2005

About 3.4 million people visited Las Vegas in July, up 5.7 percent from the same month a year ago, the Las Vegas Convention and Visitors Authority reported Monday.Convention attendance rose 36.9 percent to 353,264 people, driven by the debut of the W....


Experts: Table games need attention to attract affluent younger crowd - Monday 12th of September 2005

While televised poker continues to bring hordes of young, novice gamblers into casinos, properties are doing little to teach them how to play other table games or cultivate repeat business, one expert told a group of casino managers at a conference t....


Multimedia Games Downloadable Gaming System Receives GLI Approval - Monday 12th of September 2005

Multimedia Games, Inc. (Nasdaq: MGAM - News) announced today that the downloadable and configurable module of its Casino Commander(TM) game management system has received approval by Gaming Laboratories International Inc. ("GLI"), which has certified....


MIRAGE Announces Commitment to Rebuild and Rebuild Quickly in Biloxi, Mississippi - Monday 12th of September 2005

MGM MIRAGE announced today that plans for recovery and rebuilding its Beau Rivage Resort in Biloxi, MS are underway. As the assessment process has begun, the company will commit to rebuild the resort, utilize employees in recovery and reconstruction ....


Regal Hotels Pulls Out of Macau Venture - Monday 12th of September 2005

Regal Hotels International Holdings Ltd. said it has pulled out of a joint venture in Macau with U.S. casino operator Las Vegas Sands Corp., opting to develop the hotel and casino project alone. Regal, which operates five hotels in Hong Kong and two ....


Rod Stewart has to pay casino $US2m - Monday 12th of September 2005

A US jury has decided that rock star Rod Stewart should pay a Las Vegas casino $US2 million ($A2.6 million) plus interest for a cancelled show in December 2000.The seven-member federal jury found unanimously that Stewart should not have kept an advan....


Casino companies still paying displaced workers salaries - Monday 12th of September 2005

Many casino workers who lost homes and jobs in Hurricane Katrina will still receive their paychecks by mail or in person -- a small ray of hope for people who are struggling to rebuild their lives.Each of the four Las Vegas-based casino operating com....


INTERNATIONAL GAME TECHNOLOGY Provides Update on Impact of Hurricane Katrina - Monday 12th of September 2005

International Game Technology (NYSE: IGT - News) today provided an update on the impact of Hurricane Katrina to its Gulf Coast area employees and operations. T.J. Matthews, Chairman of the Board and Chief Executive Officer commented, "We have now acc....


Shuffle Master posts record results - Monday 12th of September 2005

Las Vegas-based gaming equipment supply company Shuffle Master Inc. stayed on a roll in Fiscal Year 2005 with record earnings for the third quarter, company officials said Tuesday.The company, known for its signature product -- automatic card shuffli....


Gambling boom awakens sleepy Macau - Monday 12th of September 2005

Contrary to what you may have heard and read, Macau is not Las Vegas, at least not yet. But it is enjoying an unprecedented boom thanks to a US$12 billion wave of hotel and casino construction spurred by Las Vegas high rollers. The former Portuguese ....


Floating Casinos Down on Their Luck - Monday 12th of September 2005

The glitzy, three-story floating casinos that define this adult waterfront playland were picked up and hurled as much as a mile onto streets and sidewalks when Hurricane Katrina came blasting through over a week ago. Some were split in half, their sl....


Boyd buys land under Barbary Coast - Monday 12th of September 2005

Moving to consolidate its control of one of the smallest but most valuable parcels of land on the Strip, Boyd Gaming Corp. on Monday bought the land under the Barbary Coast for $15.7 million.With the 1.8-acre acquisition, Boyd Gaming now owns 4.3 acr....


Threat to casino town - Monday 12th of September 2005

The authority to issue border passes has been transferred from the Aranyaprathet district officer to Sa Kaew provincial officials, possibly “cutting the blood line? of the casinos across the border in Cambodia’s Poipet. Aranyaprathet district o....


Bio on Stuey Ungar reveals that poker champ didnt play all his cards right - Monday 12th of September 2005

Poker has so permeated the national consciousness in recent years - with games on TV, bestselling books and even a weekly column in The New York Times - its easy to forget that the game long dwelled in a dark corner of the American psyche.Played in s....


PartyGamings problems leave red faces in the City - Monday 12th of September 2005

INVESTORS cannot say they were not warned. PartyGaming shares looked overvalued when they were floated at the end of June at 116p. The nearer they got to the 176p peak on July 28, the more they looked like an accident waiting to happen. The share pri....


The Perils of Casinos That Float - Monday 12th of September 2005

Bernie Burkholder, dressed in scuffed tennis shoes, shorts and a dirty shirt, could have been any other shell-shocked survivor of Hurricane Katrina, desperate to find enough gas to motor out of town. Mr. Burkholder stood by a badly damaged hotel here....


Gaming leaders mull Miss. moves - Monday 12th of September 2005

In another sign of the gaming industrys anxiety about its future in the hurricane-ravaged Gulf Coast, CEOs of the top casino companies are expected to discuss the matter next week during the industrys annual G2E trade show in Las Vegas. At least one ....


Gambling den owner arrested, 70 machines seized - Monday 12th of September 2005

Confirming public suspicions that gambling dens are still thriving in the capital, city police arrested on Monday evening an owner of a gambling den in Beruang Cafe on Jl. Hayam Wuruk, Central Jakarta and confiscated 70 gambling machines.Chief of the....


A gambler was caught with 360 suspected counterfeit RM1 coins as he walked into a casino in Genting Highlands on Monday. - Monday 12th of September 2005

Tabcorp announced it will launch a self-exclusion service on Monday that allows gambling addicts to ban themselves from accessing their Internet or phone betting accounts. The service, called BetCare, is designed to catch the new generation of gamble....


Two men with fake RM1 coins held - Monday 12th of September 2005

A gambler was caught with 360 suspected counterfeit RM1 coins as he walked into a casino in Genting Highlands on Monday. The 34-year-old man was about to enter the Monte Carlo casino at 2.10pm when the metal detectors at the entrance went off. Severa....


Floating casinos bulldoze history - Monday 12th of September 2005

The giant floating casinos of Biloxi were known to gamblers from Louisiana to Alabama as "The Boats," but when Hurricane Katrina came calling, they were more like floating battering rams. They were huge, rudderless, rampaging monstrosities. Ripped fr....


PartyGaming Loses Third Of Its Value On Warning - Monday 12th of September 2005

PartyGaming, the controversial poker web site operator that earns most of its revenue where its services are considered illegal, on Tuesday lost a third of its market value when the company warned that more casual players joining its site werent spen....


PartyGaming Shares Plunge as Growth Rates to Slow - Monday 12th of September 2005

Shares of PartyGaming Plc, the online poker operator that sold $1.9 billion of stock in a June initial offering, fell as much as 28 percent after the company said growth rates are slowing. The stock was down 32.5 pence, or 21 percent, to 124.25 pence....


Casinos update - Monday 12th of September 2005

Mississippi Gulf Coast casinos are asking employees to contact them while they reorganize in the aftermath of Hurricane Katrina.---Imperial PalaceAll Imperial Palace employees are asked to report to work at 8 a.m. as soon as they are able. The hotel ....


Caledons king of cash - Monday 12th of September 2005

MUCH of the attention in the casino industry has been focused on the astounding profit spinning of the casinos situated in the main urban centres.But just off the N2 highway in the heart of the Overberg, the Caledon Casino is spinning big bucks for i....


William Hill backs winner as poker gamble pays off - Monday 12th of September 2005

BOOKMAKER William Hill said yesterday that sporting results had turned in its favour after weaker returns earlier this year caused profits to fall 6%.The group, which is neck-and-neck with Ladbrokes as the UKs biggest bookie, said profits before exce....


PartyGaming up on talk of trump card - Monday 12th of September 2005

RUMOURS that PartyGaming is preparing to trump a £790 million takeover offer for Empire Online continued to excite shares in the AIM-listed gambling group yesterday. In a move that could lead to the biggest acquisition in online gaming history, Part....


Uncertainty and fear to rebuild - Monday 12th of September 2005

NEW YORK (CNN/Money) - Before Katrina, Mississippis Gulf Coast had evolved from a swampy backwater to a boom town of casinos, tourism and beachfront entertainment employing thousands. Now, the Magnolia State is fighting to keep the lucrative travel i....


William Hill takes knock from tipster - Monday 12th of September 2005

The William Hill boss yesterday blamed a stupendous run by a newspaper tipster for depressing the bookmakers results.David Harding said the Racing Posts Pricewise column, by tipster Tom Segal, had whacked the bookies for 10 consecutive weeks this sum....


Harrahs is hoping to build temporary Mississippi casino - Monday 12th of September 2005

Harrahs Entertainments top executive is recommending the Mississippi government allow the company to build a temporary casino on land to replace its Grand Casino Biloxi riverboat, which was hurled ashore and destroyed in Hurricane Katrina.The tempora....


William Hill to return up to £300m to investors after profits fall - Monday 12th of September 2005

BRITAINs biggest bookmaker William Hill today said it planned to return between £200 million and £300m to shareholders over the next 18 months as it logged a six per cent fall in first-half profit. Profit before finance charges and exceptional item....


Gaming VC bets on poker move - Monday 12th of September 2005

There was better news for online casino games operator Gaming VC today after the group reported maiden half year figures ahead of a move into Spain and online poker. The Aim listed company reported a pre-tax profit for the six months to 30 June of ju....


Casino gang strike, but police expect to nail them - Monday 12th of September 2005

Police are hunting 12 armed robbers who stormed the Emperors Palace casino, holding several employees hostage.In the latest of a series of armed raids on Gauteng malls and casinos, the gunmen stormed into the Kempton Park casino at 5.30am yesterday a....


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States might lose millions as casinos are shuttered - Monday 12th of September 2005

Mississippis floating casinos were left in ruins after Hurricane Katrinas rampage.The assessment was incomplete last week, but Webster Franklin, CEO of the Tunica, Miss., Convention and Visitors Bureau, said all are likely to be heavily damaged or de....


Fight rages over Vegas sinful slogan - Monday 12th of September 2005

The five-word slogan turned out to be a marketing masterpiece, a mantra that marked the unceremonious end of Las Vegas family-friendly era and the full-scale resurrection of Sin City: "What Happens Here Stays Here."But keeping those words in Las Vega....


Heist at Emperors Palace Casino - Monday 12th of September 2005

About 12 robbers stole an undisclosed amount of cash from the Emperors Palace Casino outside Johannesburg at 5.45am today, Peermont Global Limited said in a news release."There were no injuries to staff or the limited guests on the property this morn....


Thailand wants to limit access to Cambodian casinos - Monday 12th of September 2005

Thailands Ministry of Interior wants to reduce the number of hours that nationals of both countries can cross the Thai-Cambodian border here, mainly because the government wants to control the urge some Thais have to gamble--and lose money-- at the c....


Pattni, Somaia in dispute over casino - Monday 12th of September 2005

The fate of 29 employees of the Riviera Casino in Kisumu hangs in the balance, following a dispute between the government, a local bank, businessmen Kamlesh Pattni and Ketan Somaia.Ten employees of the establishment, a subsidiary of the International....


MOST CASINO STAFF WANT WORKPLACE SMOKE BAN - Monday 12th of September 2005

Two-thirds of staff want a ban on smoking in casinos, according to a study by Bristol researchers. Some 65 per cent of casino employees want smoking banned from their workplace, according to a study led by Paul Pilkington, of the University of the We....


PartyGaming raises the stakes in £800m battle for control of Empire Online - Monday 12th of September 2005

PartyGaming, the worlds largest online gambling group, is considering a rival bid for Empire Online, the Aim-listed online betting firm which has received a potential £791m takeover offer from Sportingbet. Empire Online said on Friday that it h....


Steve Wynns biggest gamble also his grande - Monday 12th of September 2005

Twenty-five years ago, the hotel/casino mogul dreamed of a casino exotic and beautiful, the likes of which this town had never seen. The dream became the Mirage, an oasis of palm trees and volcanoes and lavish rooms and a multimillion-dollar producti....


Online gamer Sportingbet bidder for Empire-sources - Monday 12th of September 2005

Online betting group Sportingbet has made a takeover approach to recently-listed Internet gaming services firm Empire Online Ltd., sources familiar with the situation said on Saturday.On Friday Empire said it had received a 790 million pound bid appr....


Police given 15 days to stop illegal gambling - Monday 12th of September 2005

PHILIPPINE National Police (PNP) Chief Arturo Lumibao gave the Police Regional Office (PRO) 6 15 days to stop illegal gambling. He gave this directive to PRO6 Chief Doroteo Reyes during his visit in Iloilo City last Wednesday. "We will have a hard ti....


Isle of Capri Casinos, Inc. Establishes Relief Fund for Employees - Monday 12th of September 2005

Isle of Capri Casinos, Inc. (Nasdaq: ISLE - News) today announced plans to provide team members living in the areas affected by Hurricane Katrina with emergency relief as they recover from the devastation that hit the Mississippi Gulf Coast on Monda....


Harrahs Continues Relief Effort in Wake of Hurricane Katrina - Monday 12th of September 2005

Harrahs Entertainment, Inc. (NYSE: HET - News) today announced it is continuing its efforts to assist employees in the wake of Hurricane Katrina. Harrahs focus remains on the safety and health of its nearly 8,000 employees in Biloxi, Gulfport and New....


Senecas narrow search to 3 sites for new casino - Monday 12th of September 2005

The Seneca Nation of Indians has narrowed its Buffalo casino site search to three locations and will announce its final choice by the end of the month. "We have spent the past month extensively looking in downtown Buffalo," said Rajat Shah, Seneca Ga....


Ranks £65 million gamble - Monday 12th of September 2005

The dealer does not always win. Thats the cautionary message from Rank Group, which - unlike too many of its customers, apparently - is losing money on internet gambling.The companys Blue Square website, which offers punters the chance to bet on Mono....


Resort vision shared by the Government - Monday 12th of September 2005

The resorts draft Local Plan, which sets out the framework for development over the next 10 years, was the subject of a public inquiry earlier this year. Now the Government inspector has reported back to the council with a series of recommendations.H....


HURRICANE KATRINAS AFTERMATH: Casinos looking for answers - Monday 12th of September 2005

While the Gulf Coast casinos either destroyed or heavily damaged by Hurricane Katrina were all covered by some form of business interruption and property damage insurance, it is unclear if the individual policies will keep their corporate owners from....


How an Israeli dentist pulled a £500m poker profit - Monday 12th of September 2005

While in Monte Carlo for a dental conference in 1996, Aharon Shaked wandered into one of the towns famous casinos. There, amid the glitz and the excitement, it suddenly struck the Israeli dentist that gambling was an activity perfectly suited to the ....


Gaming operator Empire in bid talks - Monday 12th of September 2005

ONLINE gambling operator Empire Online has been targeted in a 270p a share merger just two months after its stock market flotation. The company, which runs its own gambling sites and markets those of other firms, said it is in early discussions with ....


Casino firms worry about employees, unsure about prospects for returning - Monday 12th of September 2005

While Mississippis Gulf Coast sifts through the wreckage wrought by Hurricane Katrina, the director of the states casino regulatory agency is already making a direct appeal to Las Vegas-based casino companies and other gaming operators to rebuild the....


Coast casinos set up hot lines for employees - Monday 12th of September 2005

Gaming companies with casinos on the Mississippi Gulf Coast have begun setting up hot lines for employees to call.Larry Gregory, executive director of the Mississippi Gaming Commission, said casino employees have called the commission with questions ....


Founders number comes up as 888 online casino plans £800m flotation - Monday 12th of September 2005

The online casino 888.com confirmed plans yesterday to float in London, and thereby become the latest gambling website to crystallise the multimillion fortunes of its backers.The company is aiming for a valuation of $1.5bn (£835m) and is 90%-owned b....


Harrahs Continues Relief Effort in Wake of Hurricane Katrina - Monday 12th of September 2005

Harrahs Creating Command Center to Assist Affected Employees LAS VEGAS, Sept. 1 /PRNewswire-FirstCall/ -- Harrahs Entertainment, Inc. (NYSE: HET - News) today announced it is continuing its efforts to assist employees in the wake of Hurricane Katrina....


Mississippi dockside casinos devastated by Katrina - Monday 12th of September 2005

Hurricane Katrina has dealt a devastating blow to dockside casinos along the U.S. Gulf Coast, crippling a key element of the regions economy and casting a shadow over gaming companies with big exposure to the region. The storm lifted some casinos off....


Ameristar Casinos, Inc. Reopens Ameristar Vicksburg - Monday 12th of September 2005

Ameristar Casinos, Inc. (Nasdaq: ASCA - News) announced that it reopened its Vicksburg casino at 4 p.m. Central time today after the facility was closed due to Hurricane Katrina.ADVERTISEMENT The casino sustained only minimal damage and power has be....


Casino to raise profile of resort - Monday 12th of September 2005

A NEW casino that represents the biggest single leisure investment in Scarborough for more than 30 years, is set to open its doors in a few weeks time.Nikolas Shaw, the Scarborough businessman behind the project, says that the Opera House Casino will....


Miss. Could Consider Land-Based Casinos - Monday 12th of September 2005

Hurricane Katrinas devastation of the Gulf Coast gambling industry could sway Mississippi legislators to consider allowing land-based casinos and scrap the law that placed them on the water in vulnerable spots. "I think that will be a public policy q....


Rod Stewart testifies at breach-of-contract trial - Monday 12th of September 2005

Singer claims he missed concert because of prior throat surgerySinger Rod Stewart told a jury Wednesday that he was in no shape to perform a New Year’s concert at the Rio hotel-casino in December 2000 because he had just had throat surgery seven mo....


Reformed gambler says hes lost R30m at the tables - Monday 12th of September 2005

More than 1 000 compulsive gamblers have been officially banned from casinos in the Eastern Cape, the Daily Dispatch Online reported on Thursday.Among those banned, is a businessman who claims to have blown more than R30-million at gambling tables in....


Online casino Cassava plans LSE float for 888.com - Monday 12th of September 2005

LONDON (Reuters) - Cassava Enterprises said on Thursday it intends to seek a full listing on the London Stock Exchange for its online casino 888.com.The Gibraltar-based company said it had appointed London-based HSBC as sole bookrunner, global co-ord....


Issue of parking sinks bid for SunCruz Casinos berth at port - Monday 12th of September 2005

Plans for SunCruz Casinos to resume South Florida day cruises from Port Everglades were rejected on Tuesday by a county government selection panel, but the company said it hopes to refile its plans in the future.The cruise line could not comply with ....


Roundup: Casino fever sizzling in Macao - Monday 12th of September 2005

Macaos scorching gaming business is keeping booming, as the latest official statistics showed that this years gambling revenue reached 29.8 billion patacas (3.73 billion US dollars) by August, a year-on-year rise of 14 percent. On the casino gold rus....


Casino winners robbed - Monday 12th of September 2005

A COUPLE emerging from Sydneys Star City Casino were robbed of their winnings at gunpoint.A 19-year-old man has been charged over the hold-up, which took place about 11pm (AEST) last Thursday, police said.The couple were leaving the casino when they ....


Pokie fans betting the house - Monday 12th of September 2005

AN investigation has been launched into illegal credit offered at poker machine venues, leading to huge losses for punters. Concerns have also been raised over punters literally "betting the house" by withdrawing equity from home loan accounts ....


Former Governor Ventura now promoting internet gambling - Monday 12th of September 2005

Ex-Gov. Jesse Ventura is the new pitchman for a foreign-based Internet gambling site that takes bets on everything from football games to trial verdicts. BetUS.com tapped Ventura to promote the site, which also offers casino games and poker. Ventura,....


Penn National Gaming Provides Update on Gulf Coast Area Properties - Monday 12th of September 2005

Penn National Gaming, Inc. (PENN:Nasdaq) reported today that Casino Magic - Bay St. Louis, Boomtown Biloxi and Casino Rouge closed on Sunday, August 28 in anticipation of Hurricane Katrina. The Companys Casino Magic - Bay St. Louis, in Bay St. Louis,....


Isle of Capri Casinos, Inc. Provides Update of Hurricane Damage - Monday 12th of September 2005

The company has not been able to estimate the extent of damage to the Isle-Biloxi or to the new casino barge under construction there. However, it appears that these properties have suffered extensive damage. Isle of Capri has business interruption a....


Harrahs Entertainment Provides Update of Hurricane Damage - Monday 12th of September 2005

The company is still unable to estimate the full extent of damage at Harrahs New Orleans, Grand Casino Biloxi and Grand Casino Gulfport, although it is apparent that the Biloxi and Gulfport properties have suffered extensive damage. Harrahs has busin....


Online gambling technology co Zone4Play heads for AIM - Monday 12th of September 2005

Israeli interactive gambling company Zone4Play is planning an issue on the Alternative Investment Market (AIM) in London. Company co-founder, president, and CEO Shimon Citron owns 13.6% of the company, and Maccabi Tel Aviv basketball coach Pinhas (Pi....


Casinos, biotech on Frances protected list - Monday 12th of September 2005

Casinos, biotechnology and antidote production are on a list of 10 key industries that the French government wants to keep out of foreign hands, Les Echos newspaper reported on Wednesday.It said that the list drawn up by the government also includes ....


US Gaming Giant Plans to Hire 4,000 for US$700 MLN MacAo Project - Monday 12th of September 2005

The United States gaming giant Wynn Resorts has vowed to hire some 4,000 employees for its Macao project, local media reported Wednesday.The Macao Post Daily quoted Grant R. Bowie, president of the Wynn Macao, as saying that the under-construction ga....


Illegal casinos have sinister undertones - Monday 12th of September 2005

Investigators are warning there is more than meets the eye when it comes to illegal casinos.Auckland man An Yi Li has been fined $12,000 plus costs, for his involvement in an illegal casino. His conviction is the first under the Gambling Act.Gambling....