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Casino News - Page 9

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April Produces Stock Increases for Gaming Industry
April Produces Stock Increases for Gaming Industry
Monday, May 04, 2009

For the first time since August, gaming stocks collectively took a positive turn. The 10 casino operators and slot machine manufacturers charted by Las Vegas-based financial consultant Applied Analysis all showed double-digit increases in their average daily stock prices over their March totals.
Philadelphia Poll Shows Favor Toward Slots
Philadelphia Poll Shows Favor Toward Slots
Monday, May 04, 2009

In a new poll of Philadelphians, slightly more than half favored bringing slots gambling to the city, and most liked the idea of a casino on the waterfront but not downtown.
Florida House Responds to Gambling Initiative with Counteroffer
Florida House Responds to Gambling Initiative with Counteroffer
Monday, May 04, 2009

counteroffer on casino gambling from the House on Friday has nothing about blackjack and slots for Palm Beach County but a second dog track could be in the cards.
Casino Construction in Atlantic City Effected by Credit Crunch
Atlantic City Casinos
Monday, May 04, 2009

Credit markets are key to funding new casino projects in Atlantic City. With the nation in a credit crunch Atlantic City casino developers are unsure when projects will be complete, if ever.
CityCenter Finally Reaches Funding Agreement with Investors
CityCenter Finally Reaches Funding Agreement with Investors
Thursday, April 30, 2009

MGM Mirage and Dubai World ended a 5-week-old public feud Wednesday by agreeing to a comprehensive plan to fully fund and complete the $8.5 billion CityCenter development.
Florida Lawmakers Likely to Reject Gambling Deal
Florida Lawmakers Likely to Reject Gambling Deal
Thursday, April 30, 2009

Though they're raising fees and taxes to fill a budget hole, state lawmakers appear likely to reject at least $355 million from gambling interests because they're struggling to find common ground.
Caesars Windsor Unveils 50 New Slot Machines
Casino Windsor is a popular Ontario destination.
Thursday, April 30, 2009

Caesars Windsor displayed 50 new slot machines Wednesday -- including some making a world debut -- by letting customers take them for a spin.
After Long Battle, Bonomo Wins World Series of Poker Circuit Event
Justin Bonomo earned his first career gold ring at WSOP circuit event
Thursday, April 30, 2009

After several circuit losses, Justin Bonomo earned his first career gold ring and $227,692 in prize money.
Steve Wynn Looking to Buy Back Bellagio
Steve Wynn Looking to Buy Back Bellagio
Thursday, April 30, 2009

Nine years after selling Mirage Resorts to MGM Grand Corp., Steve Wynn may be looking to buy back some of the Strip properties he originally designed and built. Wynn, now chairman of the company that owns Wynn Las Vegas and Encore, told Bloomberg News on Tuesday he would be interested in acquiring casinos owned by debt-strapped MGM Mirage if the Strip casino giant is forced to sell some of its assets to pay down debt.
Swine Flu May Effect Las Vegas Tourism
Swine Flu May Effect Las Vegas Tourism
Wednesday, April 29, 2009

Mexico appears to be ground zero for the swine flu outbreak, but the biggest fallout for Las Vegas could come from a response that shuts down travel.
Will Ohio Casino Initiative Effect Michigan?
Will Ohio Casino Initiative Effect Michigan?
Wednesday, April 29, 2009

Forget the football rivalry. The Buckeye State is suiting up to challenge Michigan in an even bigger game: casino gambling.
Tropicana in Atlantic City May Go On the Auction Block
Tropicana Atlantic City
Wednesday, April 29, 2009

The Tropicana Casino & Resort is expected to go on the auction block today. The New Jersey Casino Control Commission will vote on a deal between Tropicana trustee Gary Stein and the casino's senior lenders at a hearing here this morning.
Pinnacle May Close Boomtown in Reno, Nevada
Pinnacle May Close Boomtown in Reno, Nevada
Tuesday, April 28, 2009

Pinnacle Entertainment might close its Reno-area casino unless the property starts turning a profit. During the company's first-quarter earnings conference call Friday, Pinnacle Chairman and Chief Executive Officer Dan Lee, in response to a question about a quarterly loss at Boomtown Reno, said he would rather close the property than lose money on an annual basis.
Casino Empires are not Built on Credit
Phil Ruffin
Tuesday, April 28, 2009

Phil Ruffin, owner of Treasure Island and 11 other casinos and hotels, explains how casino empires are built on assets - not credit.
Inspectors Note Unresolved Deficiencies at CityCenter Construction
MGM MIRAGE CityCenter
Monday, April 27, 2009

It is five months until the first tower is set to open at CityCenter, one of the largest private construction projects in U.S. history, but general contractor Perini Building Co. has not yet resolved numerous construction deficiencies cited by inspectors.
'Hollywood Dave' Takes Home World Series of Poker Circuit Title
'Hollywood Dan' Stann
Monday, April 27, 2009

Fantasy became reality today as "Hollywood Dave" became the King of Vegas, at least until the next tournament is dealt. "Hollywood" is actually 35-year-old Dave Stann, the winner of the most recent World Series of Poker Circuit tournament held at Ceasars Palace Las Vegas. Stann, who is originally from Cleveland, topped one of the largest fields at this year's Caesars series.
Sullivan County in New York Approves Casino Project
Sullivan County in New York Approves Casino Project
Monday, April 27, 2009

The Sullivan County Legislature today approved an agreement with the Seneca Nation of Indians, a federally recognized sovereign Indian Nation, the Seneca Catskills Gaming Corporation, a wholly-owned corporate entity of the Nation, and Sullivan County to develop a Class III Gaming casino on 63 acres of land at exit 107 off of Route 17 (Interstate 86) in the Town of Thompson.
Officials Shut Down 560 Rooms at Las Vegas Tropicana
The Tropicana Las Vegas will be going under a $100 million renovation
Friday, April 24, 2009

Officials at the Tropicana have closed 560 rooms that apparently have renovations that don't comply with building codes. On Thursday hotel managers decided to close the rooms in the Paradise Tower to deal with a discovery that plumbing renovations to the rooms are out of compliance, general manager Ron Thacker said.
Penn National Profits Above Wall Street's Expectations
Penn National Gaming
Friday, April 24, 2009

Regional casino operator Penn National Gaming posted a first-quarter profit that exceeded Wall Street's expectations, but the company's infatuation with Las Vegas was still foremost with analysts.
Australian Casino Finds $1,000 Counterfeit Chips
Australian Casino Finds $1,000 Counterfeit Chips
Friday, April 24, 2009

Crown Casino has defended its in-house security after counterfeit gambling chips were found on the gaming floor this week.
Jerry's Nugget in North Las Vegas Offering Amazing Rewards
Jerrys Nugget is a popular Las Vegas casino.
Friday, April 24, 2009

Jerry’s Nugget Casino ups the ante this May with several new gaming promotions and parties surrounding all the action. The celebration starts with the Kentucky Derby, then leads its way to the Cinco de Mayo Hot Seat Cash Party Giveaway and then to Mother’s Day for bonus payouts.
Wynn Las Vegas and Encore Offering Incredible Spring Casino Packages
New Encore Casino in Las Vegas, NV
Wednesday, April 22, 2009

Wynn Las Vegas and Encore now offer luxurious room packages that include the ultimate in fine dining, spa, entertainment and leisure offerings.
Soon-to-open FireKeepers Casino Launches New Web Site
Artist's rendering of the FireKeepers Casino, set to open in Summer 2009
Wednesday, April 22, 2009

FireKeepers Casino, opening its doors in Summer 2009, announced today that guests can get a taste for the excitement the casino will offer by visiting its new website.
Denmark Breaks 60-year Gaming Monopoly
Denmark Breaks 60-year Gaming Monopoly
Wednesday, April 22, 2009

A 60-year gaming monopoly operated by state-owned Danske Spil is set to be terminated when the government announces its plans for deregulation on Tuesday.
MGM Mirage and Harrah's Getting too Big?
MGM Mirage and Harrah's Getting too Big?
Wednesday, April 22, 2009

Through two mergers proposed five years ago, the Las Vegas Strip largely became the domain of two corporate titans. Now at the height of a global recession, these mergers may be too much for the Vegas titans.
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