As reported by the iAfrica News: “Gold Reef Casino Resorts has reported a 12.1 percent rise in headline earnings per share to 102.1 cents for the year ended December 2005 from 91.1 cents a year earlier. “A dividend of 51 cents per share was declared, covered twice by HEPS, compared with 48 cents a year […]
Monthly Archives: March 2006
Rapidly rising room rates took a rest in the first three months of 2006 following nearly two years of steady gains, gaming analysts said this week. Rates for rooms on the Strip booked three weeks in advance fell an average 3 percent in the 2006 first quarter to $204, data from Bear Stearns showed. Midweek […]
Taking the ‘shortcut to Vegas’ paid off in a big way for Catherine Clark of San Pedro, California. She is the most recent major jackpot winner at Pechanga Resort & Casino. In less time than it would have taken her to drive to Sin City, Catherine had achieved the ultimate winner’s goal. Shortly after her […]
As reported by the Des Moines Register: “Iowa’s casino industry is in the midst of a $742 million expansion boom. “Four new riverboat casinos will open over the next 14 months, and 10 existing casinos are undergoing major face-lifts or expansions to add more gambling space, fancy restaurants, plush hotels and parking garages. “About 18 […]
Four lucky tickets were drawn last night during the “Go Man Go, Car-A-Week” Give- Away Promotion at Pechanga Resort & Casino. Excitement grew as the crowd waited in anticipation to see if each player called was indeed present. All four were on the stage in a matter of minutes, and each anxiously awaited their chance […]
Just when you think that the game of golf has turned into a bodybuilding competition with sticks and a white ball along comes Luke Donald and reminds you that elegance in the game has not vanished entirely. Here is a golfer who has the tempo and style of a Hollywood star in the 1950’s, he […]
When race car driver Robby Gordon rolls his yellow and purple No. 7 Chevrolet onto the Las Vegas Motor Speedway for this afternoon’s UAW-DaimlerChrysler 400, the expected 150,000 NASCAR fans in attendance may think speed. Jeffrey Pollack is gambling that they will also think Harrah’s. Pollack, vice president of sports and entertainment marketing for casino […]
As reported by the Bartlesville Examiner: “Dismissing complaints from Indian gaming advocates, Sen. John McCain, R-Ariz., said Wednesday the Senate Indian Affairs Committee will vote March 29 on his bill to broaden federal authority over tribal casinos. “McCain bristled at a statement by Ron His Horse Is Thunder, chairman of the Standing Rock Sioux Tribe […]
As reported by the UK Times: “Stanley Leisure has sold back its 50 per cent stake in Maxims, the upmarket casino, to Genting, the Malaysian gaming group, for £8.5 million. “The deal comes 14 months after Stanley purchased the holding in the Kensington, West London, casino from Genting for £6.45 million as part of a […]
As reported by the 24 Dash News: “Proposed rules on how to govern Britain’s gambling industry in the future are being published today. “The draft rules aim to keep crime out of the industry, ensure gambling is fair and protect vulnerable people, including children, from harm. “The draft Licence Conditions and Codes of Practice also […]
As reported by the Radio New Zealand: “The racing industry is to receive a $30 million package of tax-breaks. Details were announced today at the conclusion of Auckland’s Racing Carnival Week. “A key change will see the duty on gambling profits cut from 17.9% to 4%. “Racing Minister, Winston Peters, says that means gaming duty […]
As reported by the South Africa Money Web: “A strong showing in financial 2005 from the East Rand’s Emperors Casino, coupled with a bigger stake in that operation helped Peermont Global deliver a 33% increase in headline profits for the year to end-December 2005. “Pallavi Ambekar, an analyst at Coronation Fund Managers ? which holds […]
As reported by the Norwich Evening News: “City Hall leaders are planning to turn down a unique opportunity for Norwich to become the new Las Vegas of the East and be the location for one of the country’s new casinos. “Under last year’s Gambling Act, three new types of casino will be allowed to operate. […]
As reported by the China Standard: “Shares of Melco International Development, controlled by the family of casino tycoon Stanley Ho, soared by more than a quarter to a record HK$14.60, after the company said it has clinched the last available gambling subconcession in Macau. “The stock rose as much as 27.7 percent to HK$14.75 during […]