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Monthly Archives: March 2006

Nevada Gold Retains Financial Advisor

Nevada Gold & Casinos, Inc. today announced that it has retained Libra Securities, LLC (“Libra’) as its financial advisor to review potential initiatives intended to enhance long-term shareholder value. Libra is expected to assist the Company in reviewing possible acquisitions and asset divestitures among other initiatives. The Company indicated that it was premature to estimate when […]

Second Singapore License Bidding to Open Soon

As reported by AFX: “Bidding for Singapore’s second casino project on Sentosa island will open on April 28 and close on October 10, the Singapore Tourism Board said. “The winning bidder is expected to be announced by the end of the year, the board said in a statement. “Contenders for the Sentosa project — expected […]

Wakefield Council Bet on Casino

As reported by the Wakefield Today: “Wakefield Council’s cabinet committee is set to give the go-ahead to a proposal for a super casino at the Xscape complex in Glass Houghton next week. “A report says the casino would be 5,000sq m, with 1,250 jackpot machines, bingo and betting. “It says: “The economic benefits include an […]

Town Holds onto Casino Dream

As reported by the Massillon Independent: “Lordstown, in the Mahoning Valley, is best known for its General Motors Plant, just as Massillon was associated with Republic Steel. “It’s a tough little Northeastern Ohio village near Youngstown, and like Massillon has been hit hard by job losses in recent years. “?Enter the Eastern Shawnee Tribe of […]

Blackpool Casino Hit with Slot Tax

A future Blackpool super casino will be hit with an extra £6 million per year tax bill, it was confirmed yesterday. “The small print of Gordon Brown’s tenth budget confirmed earlier reports that operators will have to pay £5,000 annually for each of the 1,250 unlimited jackpot slot machines in the one resort casino which […]

Oregon Non-Tribal Casino Plan Rejected

As reported by the Oregonian: “The state rejected a package of ballot measures Thursday that could have allowed construction of the state’s first non-Indian casino. “The two Lake Oswego entrepreneurs backing the project, proposed for east Multnomah County, said they would rewrite the measures and try to qualify them for the November ballot. But critics […]

Analyst Releases Odds for Pennsylvania License

As reported by the Mercury News: “LIMERICK — 10-1. “Those are the odds an area research analyst is giving Boyd Gaming Corp. of receiving a gaming license from the Pennsylvania Gaming Control Board for its slots parlor proposal in Limerick. “Brian McGill is a gaming analyst for Susquehanna Financial Group, an institutional research, brokerage and […]

Nevada Gaming Commission: Wireless OK, But Which Way?

Rules governing the use of wireless hand-held gaming devices in casinos, after laboring for two years of through the state’s legislative and regulatory processes, were adopted Thursday by the Nevada Gaming Commission. But what form the technology will take is still to be determined. Conceivably, the gaming commission’s unanimous approval gave casino patrons the right […]

Wyoming Tribes Pursue Casino Expansion

As reported by the Casper Star Tribune: “In both the Northern Arapaho and Eastern Shoshone tribes are pursuing expanded or new gambling operations, according to Thursday testimony to the state Legislature’s Select Committee on Tribal Relations. “Melanie Gambler, chairwoman of the Northern Arapaho Gaming Agency, said she has been busy training staff to manage and […]

Russian Gambling Bill Passes First Reading

As reported by RIA Novosti: “The lower house of parliament passed Friday the first reading of a bill on the government regulation of gambling. “The bill went through with 300 votes in favor and 105 against with one abstention. “The document lists gambling activities in the country authorized by the government, which include casinos, slot […]

Mega Millions Jackpot Grows to $56 Million

So you think nobody won Tuesday’s Mega Millions drawing? Not so. Even without a jackpot winner, there were more than 500,000 winning tickets. That includes eight tickets that came within just one number of hitting the jackpot. Now the jackpot for the Friday, March 17, 2006 Mega Millions drawing grows to an estimated annuity value […]

MGM Mirage Plans Singapore Cirque du Soleil

MGM Mirage announced in Singapore today that it will include a permanent Cirque du Soleil show as part of the hotel-casino it hopes to build in Singapore. The casino company is vying for the right to develop the Asian city-state’s first gaming destination. MGM Mirage’s announcement came two days after rival casino operator Harrah’s Entertainment […]

Hollywood Sportsbook Offers Odds on NCAA Tournament

Hollywood Sportsbook features odds on the NCAA Men’s Basketball Tournament between the Connecticut Huskies and the Albany (NY) Great Danes on March 17th 2006. Connecticut will open the NCAA Tournament Friday night against Albany in Philadelphia, and will enter the tournament as heavy favorites to emerge as the representative in the Final Four. UConn will […]