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Monthly Archives: May 2006

Icahn Company to Take Over Flamingo Laughlin

The Flamingo Laughlin was expected to change ownership this morning after the gaming arm of the Carl Icahn-controlled American Real Estate Partners received Nevada regulators’ approval to operate the Colorado River community’s largest casino. The Nevada Gaming Commission took only 20 minutes Thursday to approve American Real Estate Partners’ $170 million purchase of the Flamingo […]

Two Slot Cheats Added to A.C.’s Exclusion List

As reported by the Press of Atlantic City : ” “… Two of the country’s most notorious slot cheaters will not be welcome in Atlantic City’s casinos. “Following similar action two years ago by their Nevada counterparts, New Jersey gaming regulators voted Wednesday to bar the swindlers from ever stepping foot inside the 12 casino […]

Sands Could Sell to Vegas-based Firm for $148 million

As reported by the Reno Gazette Journal: “A Las Vegas ‘bad guy’ is taking over The Sands Regent in Reno, but casino officials say it’s a good thing. “Las Vegas-based Herbst Gaming Inc. announced Wednesday a $148 million deal to buy Sands, pending approval from shareholders who will get $15 per share. “Herbst is known […]

Gambler Hits Jackpot With Court’s Tax Ruling

As reported by the Associated Press: “What Estelle Busch lost at the slot machines, she won with tax collectors. “The Minneapolis woman with a 60-hour-a-week gambling regimen – she labeled it a business – convinced the Minnesota Supreme Court that she should be able to deduct $200,000 in gambling losses over three years from her […]

3BWin Takes New Approach to Sports Betting

Betting on football is by no means new – quite the opposite. It’s one of the oldest sports betting forms across Europe. But when 3BWin (www.3bwin.com) opens for business, it’s coming with a fresh approach and a promise to completely transform sports betting. 3BWin has been receptive to betting trends, and has understood that fewer […]

JCM/AGA Golf Classic Raises $75,000

This year’s JCM/AGA Golf Classic, an annual gaming industry fundraising event, raised $75,000 for the National Center for Responsible Gaming (NCRG) to help fund future gambling research and responsible gaming programs. Since its debut eight years ago, the event has raised more than $500,000 for the NCRG. The tournament, held last month at Anthem Country […]

£350M. Casino Plan for Bowling Revealed

As reported by the Evening Times (UK): “But Harrah, one of the world’s largest gaming companies, can only go-ahead can if the government allows several supercasinos to be built across Britain. “The Las Vegas casino group today announced its plans to turn Bowling in Dunbartonshire into a gambling mecca for international high-rollers. “. the US […]

Casino Firm Buying Riverboat

As reported by the Enquirer (Ohio): “. Fort Mitchell-based Columbia Sussex Corp. has cut a deal to buy a riverboat casino on the riverbank opposite downtown St. Louis. ” . No purchase price was disclosed. “.”It’s in excellent condition, but we are proposing to break ground on the 25th on a new casino facility, a […]

Gambling With Mobile Bill

As reported by the Courier-Mail: “Betting cash on the outcome of blackjack, roulette or poker games in Australia could soon be as easy as pressing a few buttons on your mobile phone. “Without even dialling a number, users could also be able to enter lotteries, play electronic slot machines and use animated “scratch cards”. “But […]

Riviera Announces Resignation at Riviera Black Hawk

Riviera Holdings Corporation announced today that Ronald P. Johnson, Executive Vice President of Gaming Operations of Riviera Operating Corporation and President of Riviera Black Hawk, Inc., has resigned for personal reasons effective May 16, 2006. The Company also announced that Chief Executive Officer William L. Westerman has been appointed to Mr. Johnson’s position as President […]

Bill Proposes Vote on St. Landry Casino

As reported by the Advocate: “Evangeline Downs race track in St. Landry Parish could become Louisiana’s second state-regulated land casino if a bill headed to the Senate floor becomes law. “The Senate Judiciary B Committee reported the legislation without action Tuesday. That means the Senate will have to decide whether to consider expanding the gambling […]