« Year 2004 Summary

Michigan high court says tribal casino agreements are constitutional - 31 July 2004
The Legislature didn't violate the state constitution when it approved four tribal casino compacts with a 1998 resolution, the Michigan Supreme Court ruled Friday. The court, on a 5-2 vote, said the compacts between the American Indian tribes and the state are contracts, not legislation. “In approving those compacts by - read more »

Schwarzenegger, Indian tribe accuse each other of misleading voters on gambling measure - 31 July 2004
Gov. Arnold Schwarzenegger and an Indian casino owner have separately asked a Sacramento Superior Court judge to change written arguments over Proposition 70, accusing each other of misleading voters.The November ballot measure would require casino-owning tribes to pay about 8.8 percent of their net gambling income to - read more »

Encouraged by Earnings, Owners Plan to Expand Borgata - 30 July 2004
The Borgata Hotel Casino and Spa's gamble that there was an appetite in Atlantic City for something beyond games of chance has apparently paid off. The operators of the Borgata have announced a $200 million expansion of their Renaissance Pointe location that will add not only slots and table games, but also spa, restau - read more »

Trump plans Las Vegas luxury hotel-condo - 30 July 2004
Real estate developer Donald Trump filed plans Thursday to build what would be the tallest hotel on the Las Vegas Strip.The 64-story hotel-condominium tower would be built on a portion of the Frontier Hotel property, across from the Wynn Las Vegas resort project and next to the Fashion Show Mall, Trump said.Scheduled t - read more »

Casino backers retract names - 30 July 2004
Supporters of an initiative to open a gambling hall on New York Avenue NE yesterday voluntarily withdrew nearly 400 petitions being challenged during hearings held by the D.C. Board of Elections and Ethics. Among the petitions withdrawn by attorney John Ray, the chief lobbyist for the initiative, were those circula - read more »

Century Casinos Announces Second Quarter Earnings - 29 July 2004
For the second quarter ended June 30, 2004, Century Casinos, Inc. reported a 53% increase in net earnings to $1,147,000, or $0.08 per share from $751,000 or $0.06 per share for the same period of 2003. The Company also reported a 17% increase in net operating revenue to $8,848,000 in 2004 from $7,553,000 in 2003. EBITD - read more »

Calif. city to issue $145 million bond for tribe's casino resort - 29 July 2004
A Southern California city plans to issue a $145 million bond to pay for a tribe's new casino and hotel, a practice under scrutiny by the Internal Revenue Service in at least one state.The city of Banning in Riverside County intends to float a bond in August for the Morongo Band of Mission Indians, which will use the m - read more »

Packer's high-roller dice - 29 July 2004
Kerry Packer's Publishing & Broadcasting Ltd is in talks to win a management contract at one of Macau's new Las Vegas-style casinos as it seeks to become one of the world's biggest operators of high-roller gaming businesses.PBL, which owns Melbourne's Crown Casino and last week announced a joint venture with the Betfai - read more »

Viva Las Ipswich - 28 July 2004
Ipswich waterfront could soon be up there with Monte Carlo and Australia's Gold Coast, depending on the roll of a dice in Whitehall.A new multi-million pound development incorporating a casino complex, hotel, apartments, restaurants, bars and a cinema could be set to provide a massive boost to the regeneration of Ipswi - read more »

CASINO VETERAN LEWIN NAMED PRESIDENT OF NIAGARA CASINOS - 28 July 2004
Larry L. Lewin, former president of Hyatt Gaming Management, was appointed president of Niagara Casinos by the board of directors of Falls Management Co. (FMC). With more than 20 years of experience in the gaming industry worldwide, Lewin will be responsible for the day-to-day operation of both the Casino Niagara and t - read more »

Penn National posts record gains, promises more growth - 28 July 2004
Penn National Gaming Inc., parent of the Charles Town Races & Slots, reported record profits again Tuesday, posting a second-quarter gain of $19.7 million that exceeded expectations.That translates to 48 cents per share on revenues of $301.5 million for the period ending June 30, beating projections by 4 cents per shar - read more »

Casino Ship Delays Inaugural Voyage - 28 July 2004
The owners of the Ocean Jewel, the new St. Petersburg-based mega-casino ship, have postponed their early August opening until mid- to late August. Duncan Elliott, a spokesman for the ship's owners, Titan Cruise Lines Inc., says new federal regulations are requiring two-week security training for ship personnel to deal - read more »

KIDS IN ONLINE GAMBLE - 27 July 2004
A report is warning that children aged just 11 are able to gamble online.Many websites failed to prevent surfers aged under 18 to register their details.Children's charity NCH is calling on betting sites to install better procedures to prevent underage gambling.It asked a 16-year-old girl to register with different sit - read more »

Century Casinos Reports Edmonton Casino Project Moving Forward - 27 July 2004
Century Casinos, Inc. (Nasdaq: CNTY) announced today that Mr. Roy Bricker, President of Professional Casino Consulting Services, has been selected as lead consultant to assist Century Casinos, Inc. with developing the Celebrations Casino and Hotel project in Edmonton, Alberta, Canada. In this capacity, Mr. Bricker will - read more »

Aladdin investment depressed London Clubs second half - 27 July 2004
London Clubs Plc, the British owner of 11 casinos, Monday said second-half profit slid 95 percent after it lost money on an investment in a Las Vegas casino operator.Net income slumped to 293,000 pounds ($537,581) in the six months through March 28 from 5.89 million pounds a year earlier after London Clubs paid 6.3 mil - read more »

FTC requests more info on MGM Mirage-Mandalay deal - 27 July 2004
Mandalay Resort Group and MGM Mirage said Tuesday they had received a request from the Federal Trade Commission for additional information concerning their proposed blockbuster deal.The request will extend a required antitrust waiting period while the FTC reviews the deal. MGM Mirage said it still expects the transacti - read more »

LCI seeks partners to bring Las Vegas style to the UK - 27 July 2004
London Clubs International, the owner of casinos such as the 50 St James and Les Ambassadeurs in London, is looking for partners to help build Las Vegas-style casinos in the UK. The company yesterday drew a line under its disastrous attempt to take on Las Vegas itself by booking a £7m hit on its ill-fated Aladdin ventu - read more »

Aitken eyes gambling venture with Gtech - 26 July 2004
Aitken Spence, a Sri Lankan hotelier, said an online gambling venture with Gtech Holdings may start at end-2004, helping the company diversify as stalled peace talks hurt the island's tourism. Aitken Spence, Sri Lanka's largest operator with eight hotels, said legal issues with a lottery board, which delayed the ventur - read more »

Atlantic Cdns. can buy lotto tickets online - 26 July 2004
Atlantic Canada's lottery corporation is gambling that a controversial move to sell its tickets online will pay off in huge returns. Within two weeks, residents in the four Atlantic provinces could be clicking their way to millions as the Atlantic Lottery Corp. starts offering tickets to seven of its games online. It's - read more »

Casino advocates tout $30B impact in Texas - 26 July 2004
Expanding Texas' gambling industry to include casinos could pump more than $30 billion each year into the state's economy, according to new projections from a private market research firm. With some state legislators vowing to bring the debate over casino gambling back to the Capitol during a special session in Augus - read more »

How Pittsburgh's share of the slot market compares to Philly's - 26 July 2004
Recently, Allegheny County Chief Executive Dan Onorato and a delegation of Western Pennsylvania politicians celebrated the passage of slots gambling in Pennsylvania as if there was a stream of coins cascading over their open hands. In praising the new slots and budget package, Mr. Onorato made it clear that the region - read more »

Casino still faces hurdles if voters approve Amendment 1 - 25 July 2004
In the campaign ads, grandmotherly Virginia Ferguson of Rockaway Beach taps on the television screen to get voters' attention and tells them that if they ratify Amendment 1, it will provide a new economic life for her hometown and about $50 million in revenue for the state without a tax increase. Maybe. Maybe not. Alth - read more »

Casino Group Strikes Deal - 24 July 2004
Three plans are on the table, and now two groups have major agreements with casino companies. Organizers of the downtown casino plan say they have a management and money deal with an Iowa-based casino company. The downtown group just got the backing to build a Catfish Bend Casino along the Cedar River in downtown Water - read more »

London likes a flutter - 24 July 2004
The Millennium Dome had been a massive gamble all along. A cool billion pounds rolled on the success or failure of a massive tent pitched on the North Greenwich peninsula, littered inside with a jumble of patronising stands celebrating the role of corporate sponsorship in New Britain and known collectively as the Mille - read more »

State steps up call to tribes on new gambling terms - 24 July 2004
Gov. Arnold Schwarzenegger's administration Friday stepped up its call for tribes to negotiate their gambling agreements with the state after one tribe gave $10 million to a ballot initiative the governor wants to defeat. In his ongoing talks with tribes to share casino profits in exchange for expanded gambling rights - read more »

Casino plans are too much of a gamble, government warned - 23 July 2004
Plans to regenerate rundown areas with a new wave of Las Vegas-style casinos are unconvincing, say MPs and Lords.Legislation outlined in the draft gambling bill, published in April, that would allow the development of large-scale casinos in the UK has been hailed as a possible lifeline for ailing resort towns such as B - read more »

Welcome Mat For Linda Ronstadt - 23 July 2004
Imagine "Fahrenheit 9/11" filmmaker Michael Moore and singer Linda Ronstadt onstage in Las Vegas, singing "America the Beautiful" at the very same casino resort where she was booed and told not to come back, because of remarks praising Moore. It could happen - as early as September. That's when the Aladdin is expected - read more »

GoldenPalace.com has the “Beckham’s Ball”! - 23 July 2004
The infamous ball from David Beckham's missed shootout kick at Euro 2004 Quarter-Final match vs. France is now in the hands of GoldenPalace.com.The most recognized ball in recent soccer history became a fan souvenir when star striker David Beckham sent it sailing over the goal, missing the net and dashing the hopes of - read more »

IGT Posts Another Quarter of Record Earnings - 23 July 2004
International Game Technology reported another quarter of record earnings Thursday but cautioned that a prime driver in the company's growth of late will slow in coming months. The Reno-based leader in slot machine manufacture reported net income of $141.1 million on revenues of $618.9 million for the third quarter end - read more »

Govt report on gambling gets thumbs up - 23 July 2004
Anti-gambling groups and the clubs industry have given a tentative thumbs-up to a report into problem gambling released by the NSW government.The report, written by the Independent Pricing and Regulatory Tribunal (IPART), contained 108 recommendations.Among them were calls for clocks to be placed on gaming machine scre - read more »

Caesars’ Northern Nevada casinos mixed - 23 July 2004
Casino operator Caesars Entertainment Inc. on Thursday said second-quarter earnings more than tripled, helped by a hefty gain from the sale of the Las Vegas Hilton.Caesars owns the Reno Hilton, which has been on the market since last year. Its other Northern Nevada property is Caesars Tahoe in Stateline.Those two prope - read more »

Casino bans Linda Ronstadt for praising anti-Bush film - 22 July 2004
US singer Linda Ronstadt was booed off the stage and kicked out of a Las Vegas casino after praising polemical filmmaker Michael Moore's film "Fahrenheit 9/11," the casino said Tuesday.The management of Las Vegas Aladdin Casino and Resort evicted the famed crooner from the premises after members of the audience reacted - read more »

Senate leaders back constitutional amendment on casino - 22 July 2004
Senate Democratic leaders are backing a proposed constitutional amendment allowing a casino to be built in West Warwick.Senate President Joseph Montalbano, D-North Providence, on Wednesday said the proposed amendment is a way around Gov. Don Carcieri's legal challenge to a referendum question on the proposed casino."Th - read more »

Trump to build casino in French Lick - 22 July 2004
Donald Trump bested two casino groups - including one backed by hometown hero Larry Bird - for the bid to build a casino in this struggling community where movie stars once vacationed.The State Gaming Commission awarded the contract to Trump on Tuesday, at the end of two days of public hearings. Commissioners said the - read more »

Harrah's Profit Up Despite Atlantic City Weakness - 22 July 2004
Casino operator Harrah's Entertainment Inc. posted an 18 percent rise in quarterly profit on Wednesday as Las Vegas pulled in business but Atlantic City showed signs of weakness. Shares of Harrah's, the No. 2 casino operator which last week agreed to buy its bigger rival Caesars Entertainment Inc. for $5 billion, rose - read more »

HK high-roller 'cheats' new Macau casino out of 3.8 mln dlrs: report - 22 July 2004
A Hong Kong gambler has allegedly cheated a new American-owned casino in Macau out of 30 million HK dollars (3.8 million US dollars) while playing baccarat. The alleged deception took place over several days last week and only emerged after Sands casino officials detected abnormal winning streaks at several tables freq - read more »

Philly native appointed to gambling commission - 22 July 2004
The chairman and chief executive of the Temple University Health System on Wednesday became the first of seven appointees to a new state gambling commission that will oversee up to 14 gambling venues hosting as many as 61,000 slots machines. Joseph W. Marshall III, also a former chairman of the state Ethics Commissio - read more »

St. Jo Frontier, two other casinos sold to Herbst - 22 July 2004
Two Missouri casinos and one in Iowa have been purchased by a family-owned gambling company based in Las Vegas, Nev., the companies involved announced Wednesday.Herbst Gaming Inc. will buy the St. Jo Frontier Casino in St. Joseph, the Mark Twain Casino in LaGrange and Lakeside Casino & Resort in Osceola, Iowa, for $287 - read more »

New Poker Commuity Site Launched - 20 July 2004
Two Missouri casinos and one in Iowa have been purchased by a family-owned gambling company based in Las Vegas, Nev., the companies involved announced Wednesday.Herbst Gaming Inc. will buy the St. Jo Frontier Casino in St. Joseph, the Mark Twain Casino in LaGrange and Lakeside Casino & Resort in Osceola, Iowa, for $287 - read more »

Companies air plans for Orange County casino - 20 July 2004
Indiana roots and star power were emphasized Monday by casino executives competing to bring gambling -- and hope -- back to this struggling community.In a ballroom filled with about 300 people, the Indiana Gaming Commission began two days of hearings on proposals for the Orange County casino at the French Lick Springs - read more »

Tribal casinos generated $4.2 billion in 2003 - 19 July 2004
At about 21 stories tall, Harrah's Rincon Casino and Resort's new hotel addition towers over virtually all other North County structures. It could easily be a symbol for the state's booming American Indian gambling industry.When completed in mid-December, the hotel in Valley Center will have 650 rooms to accommodate an - read more »

Vegas: Venetian operators to restructure debt - 19 July 2004
Two companies operating the Venetian Hotel on the Strip plan to borrow $975 million to restructure company debt and pay for a proposed new 3,000-room casino resort, called the Palazzo, which would be built directly north of the Venetian and south of the Wynn Las Vegas project.Executives of the Venetian Casino Resort LL - read more »

For gambling town residents, 'racinos' have been beneficial - 19 July 2004
In the OK Corral, the lights are low, but you can still see Pennsylvania's future.Gray-haired men and women - women, mostly - are perched in front of hundreds of whirring, blinking, ringing slot machines, feeding in coins and bills, methodically enriching the state.The OK Corral is one of four themed slot-machine parlo - read more »

California's casino jackpot leaves Reno in the cold - 19 July 2004
With the new gaming compacts signed by Gov. Arnold Schwarzenegger and five Indian tribes expected to lead to a new wave of casinos, don't start looking for big losers on Northern California casino floors. The big losers are in Reno. As Indian gaming expands in Northern California with Las Vegas-style casinos that rival - read more »

Casino foes to contest petitions - 19 July 2004
Opponents of an offshore firm's plan to bring a gambling palace to New York Avenue NE are expected today to challenge petitions supporting the project, arguing that paid circulators willfully broke election laws when collecting tens of thousands of signatures. "We have abundant evidence that there's a violation," s - read more »

Slot machines are bad bet - 19 July 2004
Retired steelworker Robert Finney sets aside a couple of hundred dollars every week to play the slot machines at nearby Wheeling Island Racetrack and Gaming Center. "If I lose $100, I'll go home because that's the smart thing to do," said Finney, 54, of Martins Ferry, Ohio. "But I keep coming back here because I win mo - read more »

Man with casino background plans Monroe business - 17 July 2004
A casino owner from California may be planning to open a casino adjacent to the Big Easy night club in downtown Spokane.Haig Kelegian Jr. has applied for a liquor license for the building. He has not applied for a Washington gaming license, according a spokeswoman for the Washington State Gambling Commission.According - read more »

Casino proposal draws millions of dollars - 17 July 2004
Supporters of gambling in Rockaway Beach had raised 10 times the money that opponents had generated for campaigns on an Aug. 3 ballot measure to allow a casino in the small southwest Missouri town.Both sides relied heavily on the businesses that expect they would benefit, or lose, from the casino project. Supporters sa - read more »

Tribes challenge Schwarzenegger on gambling initiative - 17 July 2004
A group of Indian casino owners is throwing its weight behind a gambling initiative on the November ballot that threatens Gov. Arnold Schwarzenegger's ongoing negotiations with tribes to share their revenue with the state.The California Indian Nations Gaming Association said Friday it was endorsing Proposition 70, whic - read more »

Panel looks at October deadline on proposal on casino barge protection - 16 July 2004
A committee hopes to have recommendations by October on how to protect Gulf Coast gambling barges from deterioration and storm surges."If we start off with a list of options, we should be able to concur on one of them by October or November," said William Walker, executive director of the Mississippi Department of Mari - read more »

Sky City gets go-ahead for Darwin casino, hotel - 16 July 2004
Gaming and entertainment com-pany Sky City Entertainment said it had received regulatory approval to acquire the Darwin casino and hotel complex in the Northern Territory for $195 million. The New Zealand company said it had received consent from the Territory Government and approval from the Foreign Investment Review - read more »

Las Vegas' $650 million monorail takes off - 16 July 2004
After months of delays, Las Vegas launched a $650 million monorail Thursday that shuttles gamblers to casinos on the Strip while easing traffic along the stretch of glittering resorts. Moments after the monorail opened to the public, a trickle of curious tourists paid the fare and boarded the sleek trains not knowing w - read more »

Harrah's to buy casino rival Caesars for $5.2 bln - 15 July 2004
Harrah's Entertainment Inc. has agreed to buy rival Caesars Entertainment Inc. for about $5.2 billion, creating the world's largest casino operator, sources close to the deal said on Wednesday. Harrah's and Caesars together would have $8.8 billion in annual revenue and more than 50 casinos. They would have a sizable pr - read more »

Branson businessman funding campaign against Rockaway Beach casino - 15 July 2004
A Branson businessman and his family have emerged as the only source of dollars for a campaign aimed at torpedoing a proposed casino in nearby Rockaway Beach.Campaign finance reports show Peter Herschend, his relatives and Herschend Family Entertainment Corp. have contributed the bulk of the Show Me You Care committee' - read more »

Gambling produces losers all around - 15 July 2004
Here we go again. The owners of the casino gambling boats docked in Little River "conned" our politicians into believing gambling revenues would help reduce property taxes. All you folks who have seen your taxes lowered, please raise your hands.Now we have a letter~writing campaign urging the relegalization of video po - read more »

$258.8M bid for rest of Magna Ent. - 13 July 2004
Real estate company MI Developments is trying to take over North America's biggest horse racetrack operator, hoping the combined company can develop retail and gambling entertainment centres on land near existing tracks. MID said today it is offering $285.8 million US in stock and cash for the 38 per cent of Magna Ente - read more »

Fitzgeralds owner to sell Colorado casino - 13 July 2004
Majestic Star Casino LLC has signed an agreement to sell its casino in Black Hawk, Colo., to Legends Gaming LLC in order to free up funds for other projects.The Indiana-based company, which owns a self-named riverboat casino in Gary, is controlled by Detroit businessman Don Barden. Through a subsidiary, Majestic Star b - read more »

Kerzner Poised to Develop Resort Casinos in Three Leading Markets in the United Kingdom - 13 July 2004
Kerzner International Limited (NYSE:KZL) (the "Company"), a leading international developer and operator of destination resorts, casinos and luxury hotel properties, today announced that it has been appointed the preferred developer with respect to the development and management of gaming, hotel and entertainment facil - read more »

£54.6m shares deal a winner for BetonSports - 13 July 2004
GAMING company BetonSports has hit the jackpot, raising £54.6 million in the third-biggest initial public offering on London's junior stocks market, the Alternative Investment Market (AIM), this year. Interest was stronger than expected in its placing of 39 million shares with institutional investors at 140 pence apiec - read more »

Australian board unhappy over decision to allow betting exchanges - 13 July 2004
The Australian Racing Board issued a blistering attack on Daryl Williams, the country's federal communications minister, on Tuesday for his failure to take action to curb betting exchanges within Australia.Williams announced on Monday that he would not ban betting exchanges, citing that their activities were within the - read more »

Banned casino executive seeks early return to field - 13 July 2004
Banned from working in New Jersey casinos for lying about his gambling habit, a former casino executive wants back in the game.Gary DiBartolomeo, 49, of Margate, lost his $362,000-a-year job as president of Caesars Atlantic City Hotel Casino and was banned from the business here for five years in 2001.DiBartolomeo, who - read more »

London casino sues Australian bank over money laundering scam - 12 July 2004
Australia's Westpac Bank faces a multi-million dollar damages action by a London casino over a scam masterminded by a fraudster convicted of stealing 70 million US from foreign banks, a report said.Aspinalls Club, which runs a private gambling club in London's Mayfair, has launched legal action in the New South Wales S - read more »

Emerson Casino Opens To Mixed Feelings - 12 July 2004
Residents who live near the newly opened casino on the Winnebago Tribe's reservation here are offering varied opinions about the new operation.Some are in support of the gambling venture, saying the Iron Horse Bar and Casino will bring more people and jobs to this northeast Nebraska town. Others have said the casino wi - read more »

Casino to slot in alongside Clyde - 12 July 2004
Scotland's first casino resort is set to be built in Glasgow as part of a £562m development on the banks of the River Clyde. The redevelopment will take place on the site of the Scottish Exhibition and Conference Centre (SECC) in the city. Preferred bidder Kerzner International will put the £162m casino in place by mid - read more »

Heiress to attend blackjack tournament at A.C. Hilton - 12 July 2004
Actress and hotel heiress Paris Hilton will visit the hotel that bears the family name next month.Hilton, half of the The Simple Life reality show duo, will be the star attraction at the Celebrity Beach Blackjack Invitational Tournament, which will be held noon to 7 p.m. Aug. 7 at the Atlantic City Hilton. The event al - read more »

Salamanca still waiting to cash in from casino - 11 July 2004
The Police Department needs more officers. The Department of Public Works will need to hire more workers and buy new equipment. The Fire Department needs a new truck and more personnel, and the Board of Public Utilities needs to upgrade its electricity facilities.It all adds up to one thing - the city of Salamanca need - read more »

Nevada casinos hit jackpot in May with $908 million - 11 July 2004
Nevada casinos had a record May, winning $908.2 million from gamblers for a 12.7 percent increase over the same month a year earlier, according to the state Gaming Control Board. The May win brought the total for the fiscal year to date to $9.25 billion lost by gamblers in slot machines and at card and dice tables. Tha - read more »

Gambling dollars going to Indiana - 11 July 2004
Cincinnati Mayor Charlie Luken had a bad dream, and it's Northern Kentucky that had him spooked. "My nightmare," Luken recently said, "is that I'm going to wake up one morning and see casinos on the Ohio River, but they're on the Kentucky side, looking at our skyline." Rest easy, mayor. Aliens will land in Covington be - read more »

La Cruise Casino resumes schedule after shutdown - 10 July 2004
Mayport-based La Cruise Casino has resumed operations after the Coast Guard said the company was in compliance with new security standards aimed at protecting U.S. waters from terrorism. The company's cruises had been shut down for a week for failing to comply with the Maritime Transportation Security Act, an initiativ - read more »

A.C. casinos set revenue record for month of June - 10 July 2004
Bouyed by the $51 million won by the Borgata Hotel Casino & Spa, the casino industry set a revenue record for June, according to figures released Friday by the Casino Control Commission.The gaming halls won more than $395 million in the month, a 4 percent gain.Thanks to a very strong first quarter, the industry won $2. - read more »

Lawmakers differ on impact of slots - 10 July 2004
Last week's passage of legislation authorizing up to 61,000 slot machines in Pennsylvania surprised many in this state known for conservatism on social issues, but not the area's elected representatives in Harrisburg. Similar legislation nearly passed last year, according to State Sen. Terry Punt, R-Waynesboro. He said - read more »

Trump vs. Larry Bird in casino bid - 10 July 2004
Larry Bird, the beloved "Hick from French Lick," has competition these days on his home court, and it's coming from the Donald.Former NBA star Bird and billionaire Donald Trump are principals in investment groups vying for the state contract to build a casino near this struggling southern Indiana community.Each is bett - read more »

Two Northern Nevada casino operators among fastest growing U.S. companies - 10 July 2004
Two Reno gambling companies have landed on the list of the 100 fastest growing small companies in the United States, as ranked by Fortune Small Business magazine.Monarch Casino Inc., parent company of the Atlantis Casino Resort, ranked 53rd on the FSB 100, while The Sands Regent - owner of the Sands Regency Casino & Ho - read more »

Warner Opposes Gambling Expansion - 09 July 2004
Proponents of table gambling at West Virginia's race tracks would not have a friend in the governor's mansion next year if Republican gubernatorial candidate Monty Warner wins his bid in November. In an interview Thursday, Warner told The Intelligencer he would work against and would not sign a table gambling bill if - read more »

Big hurdles ahead for £100million plans - 09 July 2004
ST HELENS' MPS have warned there are still some big hurdles to overcome before the vision to build a £100million leisure zone and stadium can be realised. Both Shaun Woodward and Dave Watts have been involved in months of negotiations for the venture, which could bring a new Saints stadium, a supermarket, a giant casin - read more »

Canadians buy casinos in state - 08 July 2004
Great Canadian Gaming Corp., the biggest contributor to a campaign to expand gambling in Washington, is raising its stakes in the state by as much as $5.4 million.The casino company based in this Vancouver suburb said yesterday its subsidiary, Great American Gaming Corp., which already owns half-interest in Evergreen E - read more »

Montana tribes fail to cash in on gaming boom - 08 July 2004
While Indian gaming is becoming a big industry in other parts of the country, it's still a small-stakes enterprise in Montana, a study released this week shows. The Indian Gaming Industry Report, prepared by Alan Meister of the Los Angeles-based Analysis Group, showed that tribal gambling revenues grew by 12 percent to - read more »

Fears over $15.3bn in Aussie bets - 08 July 2004
An anti-pokies campaigner today called for a national summit on problem gambling as new figures showed Australian punters lost more than $15.3 billion last financial year.The latest Australian Gambling Statistics revealed a record $128.3 billion - $8571 per adult - was wagered in that period.More than $90 billion was d - read more »

Casino group offers schools $1 billion to get state support - 08 July 2004
An attempt to lure State Board of Education support for a proposed Indian casino project got a tepid response Wednesday, despite the developer's offer to earmark $1 billion in gaming revenue over 10 years for public education. Developer Michael Brendzel, vice president of Golden-based Council Tree Communications, asked - read more »

Bakers have spent $1.4 million on ads promoting casino - 08 July 2004
Television ads promoting a proposed Rockaway Beach casino in southwest Missouri are swamping the airwaves, contributing to what could be a record-breaking year for campaign commercials in the state.In the last two weeks, backers of Amendment 1 on the Aug. 3 ballot, which would allow casino gambling in the resort town, - read more »

Tribal gaming growing into $16B industry - 07 July 2004
Indian gambling revenues jumped 12 percent last year as more tribal casinos sprouted in California and slot machines were added in New York and Arizona, according to a new report.Gamblers continue to flock to Indian casinos, which generated $16.2 billion in revenues last year, according to the Analysis Group, an econom - read more »

Heavy hitters in slots race - 07 July 2004
Executives with Harrah's Entertainment Inc. will arrive in Pittsburgh this week to shape a proposal to develop a casino at Station Square, an idea 10 years in the making and one that now has serious competition. A new state gambling commission that has yet to be formed will issue licenses to racetracks, stand-alone slo - read more »

MGM Mirage launches rewards program with Bank One - 06 July 2004
The three biggest gambling companies in the nation have teamed up with major banks to create credit card reward programs in which members can redeem points at their resorts.Gambling giant MGM Mirage will announce an agreement with Bank One today, and Caesars Entertainment partnered with Juniper Bank in December.Harrah' - read more »

Gov. signs bill to bring 61,000 slots to Pa - 06 July 2004
Gov. Ed Rendell signed laws on Monday authorizing 61,000 slot machines in Pennsylvania - more than any other state except Nevada - and using most of the government's share to pay for a $1 billion cut in property taxes a year.Revenue from the slots, which would be at 14 sites, including seven horse tracks, would be used - read more »

Gambling Sites Offering Ways to Let Any User Be the Bookie - 06 July 2004
Mark Davies, the managing director of Betfair.com, a booming Internet gambling operation based in London, refers to Britain's traditional betting parlors as "the places where men in raincoats go."Mr. Davies describes the parlors, which dot the street corners and cater mostly to people betting on horse racing and soccer - read more »

New Kickapoo casino closer to opening - 06 July 2004
The state's only Indian casino is due for a makeover along the Texas-Mexico border. The Lucky Eagle Casino, which has been housed in a modular building in the eight years since its opening, was scheduled for replacement this summer with a $15 million stone-and-steel structure next door. Jesse Hernandez, who comes from - read more »

Casino workers may strike again - 05 July 2004
The union representing Tasmania's casino workers says their industrial action has exposed Federal Hotels's true colours.Employees walked off the job for 24 hours over the weekend in their bid for a 10 per cent pay increase over two years.David O'Byrne from the Liquor, Hospitality and Miscellaneous Workers Union says th - read more »

Macau opens new resort and casino - 05 July 2004
The glamor of Macau's gaming market was centered on the Galaxy Waldo Hotel yesterday, which became the newest-opened casino in Macau.Owned by the Hong Kong-based Galaxy Resort and Casino, the Galaxy Waldo Hotel is situated not far from the Las Vegas Sands, which was opened in May as the first foreign-invested casino in - read more »

House passes slots bill, tax cuts - 04 July 2004
After a debate that lasted from Saturday afternoon until early Sunday, Pennsylvania's House of Representatives passed and sent to the governor a bill to legalize as many as 61,000 slot machines in the state.The House also approved a companion measure that would eventually funnel $1 billion a year of the new gambling ta - read more »

Euro-Gambling beats Euro soccer for Macau's Chinese - 04 July 2004
Macau's tiny Portuguese minority is nervously awaiting Sunday's Euro 2004 final when hosts Portugal play Greece, but for many of the territory's Chinese majority, the day's main focus will be betting."I only care about the odds when placing my bets, I don't support any particular team," said Carlos Leong, a local Chine - read more »

New gambling boat stirs debate - 04 July 2004
A new gambling boat in the waters off Little River have has renewed debate about allowing the vessels to operate.SunCruz Casinos brought in a replacement boat for one that is in dry dock. The new boat has more desk than the old one and holds more passengers.Horry County Councilman Harold Worley said the new boat breaks - read more »

Want to beat the odds? Take a stake in a bookie or casino - 03 July 2004
Gambling is often said to be the fastest way of parting a fool from his money. But according to fund managers, there is a way to profit from gambling: buy shares in the companies that run the casinos and betting shops. Five of the self-made billionaires listed on the Fortune 400 list are casino owners. One of the five, - read more »

Gambling initiatives raise stakes for Maryland - 03 July 2004
Maryland is getting boxed in on slots, with a petition for a gambling palace circulating in the District, legislation for legalizing slots in Pennsylvania winning approval, and betting establishments in Delaware and West Virginia seeking to lure Maryland gamblers. "I think [Maryland lawmakers] are in the same quand - read more »

Gambling proposal flawed, says Pickett - 03 July 2004
Rep. Tina Pickett, R-Wysox disagrees with the idea that gambling will bring additional revenue into the pockets of state tax payers.Pickett said while a proposal for a referendum to be placed on ballots when a school board proposes increases in property taxes above the inflation rate is popular among taxpayers, she doe - read more »

Pro-Gambling Group's Petition Has More Than 600,000 Signatures - 02 July 2004
Backers of a petition that would legalize casinos and allow slot machines across Nebraska handed in petitions Thursday with 640,000 signatures to state officials, almost double what was needed to make the ballot.The Keep the Money in Nebraska Coalition collected the signatures during a four-month drive to place four me - read more »

Winnebagos will open new bingo casino in Emerson - 02 July 2004
The Winnebago Tribe of Nebraska had planned to open a new bingo-based casino in Emerson, Neb., today, but it is taking longer than expected to get the machines, computers and staff up and running, tribal chairman John Blackhawk said Thursday.The tribe is opening the casino to position itself to quickly enter the Nebras - read more »

State Senate delays vote on slots bill - 01 July 2004
Just a couple of hours before it was expected to vote on and pass a bill to legalize slots in Pennsylvania, the state Senate instead went home with a promise to take up the issue today. "It was only a matter of timing, and we still have the votes to pass this," said state Sen. Tommy Tomlinson (R-Bucks) after the Senate - read more »

WinnaVegas returns legal gambling age to 21 - 01 July 2004
WinnaVegas Casino has agreed to raise its legal gambling age from 18 to 21. The action will bring the casino near Sloan, Iowa, into compliance with a new state law, which went into effect today, that makes underage gambling at any venue except charitable events such as bingo and raffles a criminal offense."We regret lo - read more »

Potawatomi Tribe Makes Full Payment on Gaming Compact - 01 July 2004
The Forest County Potawatomi paid the state $40.5 million Thursday under terms of its gamingcompact. That allows the tribe to continue offering Las Vegas-style games like craps and roulette.Potawatomi Attorney General Jeff Crawford says the tribe secured a loan from three banks this morning.Administration Secretary Mar - read more »

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