Gaming News Archives

Major Nevada casinos and a teachers union filed a petition Thursday with the secretary of state in efforts to raise hundreds of millions of dollars for public schools through a hotel room tax increase in the ...

"I'm just biding my time," Lindsay Lohan quipped, seated behind her girlfriend, Samantha Ronson , who was DJing the Ultimate White Party at Shrine at the MGM Grand at Foxwoods last week.

The cost of gasoline has soared, and food is getting more expensive. But people are buying lottery tickets in Kentucky at a record pace.

BETTING odds on former federal treasurer Peter Costello taking over the Liberal leadership for the next election have narrowed sharply in recent days as Brendan Nelson struggles with climate change policy.

LAS VEGAS -- Casino operator Las Vegas Sands said it swung to a second-quarter loss as expenses, particularly related to the openings of The Venetian Macao and The Palazzo in Las Vegas, offset a surge in ...

ARISTOCRAT Leisure has taken a battering on the stock market today after predicting that net profit for first-half 2008 would come in around $70 million, or 15.4 cents per share.

MTR Gaming Group reported a net loss in the second quarter of $2.31 million, including a $2.1 million equity loss attributed to the opening of a new facility in Minnesota.

The CityCenter construction site is seen April 4 on the Strip. An executive expects a deal for financing $3 billion of the project soon.

SHARES of poker machine maker Aristocrat Leisure fell as much as 26 per cent today after it slashed its profit guidance.

The Kentucky Lottery is reporting its total sales for the 2008 fiscal year were nearly $780 million, which is a record for the state.

Sales for the Iowa Lottery shot up 6 percent annually over the last fiscal year, but lottery officials said flooding and storms brought down sales totals in recent months.

The Kentucky Lottery is reporting its total sales for the 2008 fiscal year were nearly $780 million, which is a record for the state.

The Kentucky Lottery is reporting its total sales for the 2008 fiscal year were nearly $780 million, which is a record for the state.

PEARSON Plc, the publisher of the Financial Times newspaper, said yesterday first-half pretax profit rose 57 percent as the education unit won new contracts and sold more textbooks and software.

The Kentucky Lottery is reporting its total sales for the 2008 fiscal year were nearly $780 million, which is a record for the state.

PEARSON Plc, the publisher of the Financial Times newspaper, said yesterday first-half pretax profit rose 57 percent as the education unit won new contracts and sold more textbooks and software.

PEARSON Plc, the publisher of the Financial Times newspaper, said yesterday first-half pretax profit rose 57 percent as the education unit won new contracts and sold more textbooks and software.

Cheap eats were once a calling card for Las Vegas, but what was once a reliable truism is becoming a faded memory.

MTR Gaming Group, Inc. today announced that it will issue its financial results for the second quarter ended June 30, 2008 on Wednesday, July 30, 2008 before the stock market opens.

DES MOINES, Iowa - None of the tickets sold for the Powerball game Saturday night matched all six numbers drawn, which were: 12-13-21-51-55 Powerball: 18 Power Play: 4 Players matching all five numbers and the ...

CARSON CITY, Nev. -- After more than 12 years, a former Las Vegas resident is entitled to as much as $200,000 in interest money for the seizure of his property next to the Stratosphere hotel-casino. In a ...

NEW YORK - The lodging sector looked less than comfortable yesterday as earnings reports from two major hotel and casino companies outlined the troubles facing the industry in the U.S., including one that said ...

Thu, Jul 24, 2008 MGM Mirage executives seem willing of late to go out on a limb, what with the company's chief executive proposing a controversial increase in the business payroll tax to shore up the state ...

Wynn Resorts said Thursday said its second quarter GAAP profit tripled as higher earnings from Wynn Macau and a large deferred tax benefit more than offset a drop in casino and hotel revenue at Wynn Las Vegas.

Wynn Resorts, Limited reported financial results for the quarter ended June 30, 2008.

The chairman of Kansas' casino review board says picking managers for state-owned casinos in Sumner and Cherokee counties won't be easy.Chairman Matt All said Friday that the seven-member board must consider ...

David Katz - ' Oppenheimer & Co. [Larry Harfordy] - ' Gameco Todd Jordan - ' Research Edge [Brian Sells] - ' Peak Financial Jeff Gates - ' Gates Capital [Zeth Noonson] - ' [Pine Global Capital] Presentation ...

Wynn Resorts Ltd. reported Thursday that its second-quarter earnings more than tripled compared to last year due to a hefty tax benefit and strong revenue growth at the Las Vegas-based casino operator's Macau ...

The American Civil Liberties Union of Nevada says the state Supreme Court should let voters have their say on two initiative petitions seeking to divert Las Vegas convention authority room tax revenue to state ...

And it's an issue as a state board prepares to pick developers for each of four resort casinos.

Ameristar Casinos, Inc. today announced that Chet W. Koch has been promoted to Senior Vice President and General Manager of Ameristar Kansas City.

Las Vegas sizzles in the summer, but casino stocks haven't been so hot. In fact, they have been losers all year, and MGM Mirage , whose shares have crashed from $73 in February to a 52-week low of 21.65 on July ...

Steve Wynn, the 66-year-old Founder of Wynn Resorts Ltd., Not Dismayed by Troubles Befalling Las Vegas; The 2,034 room Encore Expecting Up to 65,000 Job Applicants July 22, 2008 - "Always Look on the Bright ...

South Point owner Michael Gaughan admits his timing could be better. "When I started doing this thing, things were still going pretty good," Gaughan said about the opening of a new 830-room hotel tower at his ...

A Las Vegas casino operator is abandoning its bid to build a casino in Wyandotte County.

Harrah's is among three casino companies vying for the contract to manage the state-owned facility.

Moody's said the negative outlook considers Wynn Resorts ' Las Vegas Encore project could open this year in a less than favourable operating environment.

The National Labor Relations Board has issued a complaint against the Mashantucket Pequot tribe for refusing to bargain with the union that represents dealers at the Foxwoods Resort Casino.

A status hearing is scheduled for July 21 in Louisville in the case of a man accused of killing a four-year-old boy whose body was found in a trash dump.

Earlier this year, there were fears that the growth of slots gambling in Pennsylvania would hurt the sales of state lottery tickets, but those fears have proven to be unfounded.

The acquisition of a grandfathered commercial lessor license in Texas is made by a series of corporate actions in conformance with the requirements of the Bingo Enabling Act.

Investigators with the Major Crimes Unit have identified William R. Boyd and Diondre J. Cooper.

The big prize in the Washington State Lottery has grown to more than $9 million.

Beeyouuuuuu had not started since finishing third to Art Official in the Hoosier Cup, but showed that he was ready to roll in his Ohio Sires Stakes victory at Scioto Downs on Saturday night.

DES MOINES, Iowa - None of the tickets sold for the Powerball game Saturday night matched all six numbers drawn, which were: 6-28-46-53-55 Powerball: 2 Power Play: 3 Players matching all five numbers and the ...

Moody's Investors Service downgraded the bond ratings of three more casino operators Friday and placed a fourth on review, the day after taking action on four casino operators covering more than $38.3 billion ...

The second annual World Series of Poker Europe presented by Betfair.com has solidified its tournament schedule, Harrah's Entertainment, Inc., owner and operator of the world's most prestigious poker tournaments ...

A member of the Boyd Gaming Corp. board of directors resigned from his position with the casino operator last week, six days before his own privately held company pleaded guilty in federal court to felony ...

Moody's Investors Service downgraded bond ratings Thursday for Harrah's Entertainment and Station Casinos based on declining gaming revenues in Las Vegas.

The U.S. economy has been battered, but luxury and optimism live in Las Vegas. The $9 billion CityCenter project, which is a joint venture between MGM Mirage and Dubai World that includes hotels, gaming and ...

Here at the 2008 E3 Media & Business Summit at the LA Convention Center, Michael Gallagher, CEO of the Entertainment Software Association, just wrapped up a keynote on the state of the gaming industry, which is ...

Gaming equipment provider Shuffle Master said Monday it gained commitments for $60 million in bank financing that could grow to as much as $80 million.

Reno-based International Game Technology said today its net income for the third quarter that ended June 30 declined to $108.3 million, or 35 cents a share, compared with $136.4 million, or 42 cents, for the ...

The state Supreme Court plans an Aug. 20 hearing on an appeal from a lower court ruling that blocked Nevadans from voting in November on three petitions backed by Las Vegas Sands Corp.

After weeks of round-the-clock work by contractors, the Mohegan Sun at Pocono Downs Casino in Luzerne County has opened a major expansion.

Las Vegas Sands Corp. is asking a Nevada judge to grant a new trial or reduce a $43.8 million jury award to a Hong Kong businessman who said he helped the casino company win a gambling license in the Chinese ...

A major financial services company is considering downgrading the credit rating of the Mashantucket Pequot tribe following declining slot machine profits at the Foxwoods Resort Casino.

Jul. 14--Steve Arcana has made his bones in the locals gaming industry working for the extended family that owns Station Casinos and, now, Golden Gaming.

Federal authorities say they have evidence of a kickback scheme in a Michigan pension fund's investment in a Mississippi casino.

The debut for SJM Holdings, which raised US$494 million in a scaled-back share sale amid a poor market, comes as the casino operator struggles to compete with aggressive US operators led by Las Vegas Sands and ...

Federal safety regulators have not yet released the results of an investigation into Nevada Occupational Safety and Health Administration's handling of events following the deaths of two workers last year at ...

Around the time MGM Mirage was trimming its management ranks and the tourism slowdown - only hinted at in research statistics and earnings reports - had become a hard fact in Las Vegas, competitor Steve Wynn ...

A struggling economy hasn't kept Georgians from buying lottery tickets. The Georgia Lottery announced Tuesday that sales for fiscal 2008, which ended June 30, were just under $3.52 billion, a record in the ...

SALEM TOWNSHIP -- Woodville's Emil Konesky, owner of 3-year-old Sand Fanci, wanted his horse to run close to home.

A groundbreaking will be held this afternoon for a new Clark County fire station at the MGM Mirage CityCenter that's being paid for by MGM Mirage.

Wall Street is giving Penn National Gaming a fresh look after the casino operator's $6.1 billion private equity buyout collapsed July 3. The company, which operates 19 casinos and racetracks in regional ...

Officials from the Iowa Lottery and Iowa Department of Veterans Affairs are touting new lottery games that are supposed to benefit veterans' causes.

COLUMBUS, Kan. - A senior vice president with Penn National Gaming on Tuesday said if the company doesn't receive a final contract approval for a state-owned casino in Sumner County, the company may walk away ...

ASSAULTS 40203 700 block of W. Oak St. A man said he woke up to find someone he knew cutting him with a knife about 6:15 a.m. May 3. He received a cut on the top of his head and bottom of his lip.

It looks as if someone missed out on a $375,000 Louisiana lottery jackpot. Thursday at 5 p.m. was the deadline for the holder of a jackpot ticket sold at Lakeside Country Shop in Campti in Natchitoches Parish ...

The number of people who visited Las Vegas in May held steady at 3.4 million, while the amount of money visitors lost in casinos dropped by 15 percent.

Penn National Gaming has squashed its $6.1 billion sale to two private equity firms, the New York Times reports.

Ohio's best sophomore fillies blew into Scioto Downs on Friday night, and put on a great show for the racing fans in seven divisions of Ohio Sires Stakes.

JAMES Packer is reported to be eyeing a $US2.4 billion chain of US casinos that spreads across six states, a move that would instantly triple his presence in the American market.

Source: Press Release - Continuing its impressive growth PKR.com and has overtaken industry stalwarts Cryptologic and Entraction to claim 15th spot in the online poker rankings at Pokerscout.com. This new ...

Las Vegas casino giants are eyeing big profits in Macau, the port city in China that has overtaken the Las Vegas Strip in gambling volume.

State police said they had to use a stun gun on a New London man while arresting him for allegedly exposing himself to a 12-year-old girl inside Foxwoods Resort Casino.

Wynn Resorts Ltd. reported preliminary second quarter results today along with a potential $500-million increase in its stock buyback program.

A specialist is a member of a stock exchange who works as an auctioneer for a specific stock and/or stocks.

Casino operator Wynn Resorts Ltd. said Thursday its board approved an increase of up to $500 million to its previously announced $1.2 billion equity repurchase program.

Crown Ltd has denied media speculation of a takeover bid for the US casino group Ameristar.

The Florida Supreme Court called a deal to bring blackjack and Vegas style slots to Seminole tribe casinos unconstitutional, but a federal judge said Wednesday that he doesn't have the power to pull the plug ...

The casino investor Steve Wynn is considering a secondary listing for his casino and hotel group in Hong Kong, a move that could raise as much as $3 billion and would probably rank as the largest listing on the ...

The troubled credit markets that are creating problems for home buyers and other borrowers also are disrupting the capital-intensive casino industry _ driving up construction costs and delaying and even jeopardizing whole projects.

Two would-be casinos near Pittsburgh are seeking special treatment from gambling regulators on grounds of economic hardship.

And in Atlantic City, N.J., developers of the $2 billion Revel casino and hotel are seeking financial help from the city, which will consider floating bonds, and Pinnacle Entertainment Inc. is questioning whether the wisdom of borrowing money for its $1 billion-plus casino project on the site of the razed Sands Hotel Casino.

A deal between a leading casino operator and one of Cecil County's largest landowners could lead to a slots parlor near Interstate 95 tolls in Perryville if voters approve a gambling referendum in November.

Continuous learning drives everyone to find a better way, every day. It's not an expense, it's an investment in continuous renewal .

Last night in Las Vegas there was a party. You might have heard about it. If you didn't, you can read about it HERE .

By Roger McKinney rmckinney@joplinglobe.com An agreement between two private equity firms and Penn National Gaming to buy the casino company for $6.1 billion has fallen through, but the termination of the deal ...

The leader of the Minnesota State Lottery has been elected as president of an association that includes 31 lottery programs.

Churchill Downs Inc. and Florida horsemen have resolved a dispute over this year's purses and how much money from future slot machines at Churchill's Miami-area track will go to owners and trainers.

Dealers at the Foxwoods Resort Casino called on management Friday to begin contract negotiations after the National Labor Relations Board certified their union.

Penn National Gaming has secured an 18-month option to purchase land in Cecil County, Md., which may soon be authorized for slot machines.

A South Florida casino wants a federal judge to stop blackjack and other games at the Seminole Hard Rock Hotel & Casino.

MGM Mirage officials are investigating the death of a dolphin at an aquatic habitat at The Mirage on the Las Vegas Strip.

Nicole Richie, April 2008. Socialite Nicole Richie has refuted reports she was recently involved in an altercation in a Las Vegas hotel.

Looks like baby Harlow hasn't settled Nicole Richie's wild side yet. We're told Nicole was involved in an altercation around 1 AM this morning with a female while in line at the valet outside the Hard Rock ...

The gambling slowdown that began early this year is taking a serious toll on Las Vegas, with banks, investors and private-equity funds growing as tightfisted as the consumers who are gambling less in the ...

The Signature at MGM Grand has announced a new girls' getaway package called the "Sex in Sin City" Las Vegas Escape Package.

A newspaper says more than 1,000 bars, restaurants, racetracks, bowling alleys and other establishments have applied to the state to bring the Ohio Lottery's new Keno game to patrons.

Berks County-based Penn National Gaming and PNG Acquisition have terminated their merger agreement for Penn National to be acquired by PNG.

As reported by the Baltimore Sun: "A national casino operator from Pennsylvania is close to securing an option to purchase Cecil County property near Interstate 95 for use as a slot machine gambling venue if ...

Las Vegas Sands Corp. , the world's largest casino company by market value, may borrow about $7 billion to expand and refinance debt for projects in Macau, according to three people familiar with the deal.

The winning raffle ticket numbers will be randomly selected at 7 p.m. on July 5 when the Lottery's live drawing show will televise the selection of the four $1 million raffle ticket numbers and the four ...

Penn National Gaming is looking to acquire property for a slot machine parlor in Cecil County, even though the gambling industry is discovering it is subject to economic downturns like any other business.

Penn National Gaming had a record-breaking day for the grand opening of its new Hollywood Slots casino in Bangor.

The event will take place at the Sofitel San Francisco Bay Hotel in Redwood City, California.