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Monthly Archives: March 2006

South African Casino Revenues Up

 As reported by the South African Herald Online: “Revenue at the Boardwalk casino complex on the Port Elizabeth beachfront increased by 15% for the half year ended on December 31, as more foreign tourists descended on the city and South Africans splashed out more of their hard earned cash. “The casino complex’s earnings before interest, […]

Prairie Meadows Urged to Build Hotel

 As reported by the Des Moines Register: “State regulators are urging Prairie Meadows Racetrack and Casino to construct a hotel and parking garage to spur more business, contending the Altoona gambling operation is underperforming in its market. “The Altoona track already has one of Iowa’s most profitable gambling properties, raking in $174 million in gross […]

River Belle Online Sends Player to WSOP

 At the final table of the No-Limit Texas Hold’em World Series of Poker Main Event, the greatest poker players in the world are at war with each other, giving cold stares and making bluffs, painfully relinquishing chips until only one is left standing, ready to claim a fortune. But fortunes are made at more than […]

Delaware Brings in Gambling Machines

As reported by the Delaware State News: “New gambling machines could be coming to Delaware casinos in the fall. “The state lottery office is soliciting bids from companies to provide multi-player machines offering electronic versions of games such as poker or blackjack. “Unlike the traditional card games legal in places such as Atlantic City and […]

Kansas Lawmakers Delay Bill Again

 As reported by the Kansas City Star: “Yet again, Kansas lawmakers have delayed introducing a bill to expand state-run gambling that would include a casino for Kansas City, Kan. “Leaders in the Senate said last week they would take the weekend to work out the kinks in the plan. They are also working to ensure […]

Las Vegas Faces Labor Shortage

A ‘material lack of qualified labor in Las Vegas over the next several years’ threatens new casinos and high-rise condominiums being developed here, a Deutsche Bank study found. “Despite the phenomenal growth of Las Vegas, the construction talent pool is not deep enough to provide the needed labor to build all currently announced projects,” Deutsche […]

Las Vegas Targets Gay Target

 With an estimated $65 billion in annual expenditures, American homosexuals are one of the world’s most sought-after leisure travel submarkets. And Las Vegas, like other cities, aims to snag a larger slice of that pie. Promoting this city to gays and lesbians requires a different approach than those favored by many competing destinations. But armed […]

PinnacleSports.Com Releases Updated NCAA Tournament Odds

 Now that the regular season has ended, over 300 Division I men’s basketball teams enter their conference tournaments this week hoping to earn an invite to “the big dance” for a shot at the national championship. With the field of 65 teams announced on Sunday, leading online sportsbook PinnacleSports.com today released updated odds to win […]

Gaming Corp. Trading Strong

As reported by Sharecast: “Gaming Corp, owner of the casino.co.uk and gambling.com sites, continued to enjoy strong trading in the first three months of the year. “‘The first quarter of the 2006 financial year has seen continued strong trading across the group, generating first quarter profits before tax materially ahead of the profits for the […]

Hard Rock Sale Lures Bevy of Investors

 Peter Morton, owner of the Hard Rock Hotel, surely is getting just what he wanted — a bevy of would-be buyers barking at his heels. As the tale falls into place, it seems Morton was approached by an investor, probably Station Casinos, that failed to meet his terms. Still, talks convinced him of the value […]

Treasure Bay CEO Steps Down

As reported by the Biloxi Sun Herald: “Bernie Burkholder and Treasure Bay Gaming & Resorts announced jointly this morning that Burkholder has stepped down as chief executive officer of the privately held gambling company. “Susan Varnes, the corporate vice president of operations and general manager of the Biloxi casino, assumed management of the company with […]

Gambling Companies Courting Massachusetts

 As reported by the Boston Herald: “For gambling tycoons, the ultimate prize may not be another towering casino complex on the Vegas Strip. “Rather, it may be cracking one of the most lucrative and so far elusive potential gambling markets in the country – Massachusetts. “Some of the world’s top gambling magnates have long dreamed […]

Spanish Casino Prepares for Move

As reported by the Tenerife News: “The days of Puerto de la Cruz’s Casino Taoro are numbered. The popular gambling attraction is set to move down from its present perch overlooking the town, to its new home in the waterfront Lago de Martiánez, in June. “As far as visitors are concerned, the new location in […]