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Monthly Archives: August 2006

Online Gambling Hedges Its U.S. Bets

As reported by Business Week: “The U.S. Congress has yet to pass the pendinglegislation cracking down on Internet gambling. But in the meantime, theJustice Dept. has cast a much deeper freeze over the business with its Julyarrest of BetOnSports Chief Executive David Carruthers. Now, under pursuitof U.S. legal authorities, European online gaming companies are scramblingto […]

Looking in on: Business

Big-time developers have claimed another Strip landmark. Metroflag, thecompany that has emerged with the top bid to buy the Riviera’s parentcompany, recently bought the Harley-Davidson Cafe at the southeast corner ofHarmon Avenue and the Strip for $14.9 million.The site, just short of 1acre, gives Metroflag about 18 prime acres of contiguous real estate fromthe Harley-Davidson […]

Aristocrat Remains Quiet Over Legal Expenses

As reported by the Australian: “The world’s second-biggest poker machinemaker, Aristocrat Leisure, is remaining coy about how much it will providefor litigation expenses this year after provisions jumped 73 per cent to$28.94 million last year. “Chief executive Paul Oneile was loath to talkabout current litigation funding, saying only that it was a fact of life […]

California Deal Clears Senate

As reported by the Press Enterprise: “A deal allowing an Inland tribe tooperate 5,000 slot machines narrowly survived a challenge by some Democratsand labor unions Monday, clearing the state Senate by just one more votethan needed. “The measure now goes to the Assembly, where its fate isuncertain. The close vote has given one labor leader […]

Vietnamese Transport Official Bet $1.53 Million in 2005

As reported by Thanh Nien Daily: “Police have completed their probe into amulti-million dollar gambling case and concluded the director of a stateroad-building agency bet away US$1.53 million on football via threebookmakers in 2005. “The public security ministry, a central police agency,said Bui Tien Dung – former director of the transport ministry’s ProjectManagement Unit No […]

New Round for Lazy 8 Debate Wednesday

As reported by the Reno Gazette-Journal: “The hotly debated plan for theLazy 8 casino heads to Sparks City Council on Wednesday as developers moveforward on their plans for the Pyramid Highway project. “The hotel, casinoand movie theater plan from Peppermill casinos and developer HarveyWhittemore has brought opposition from citizens and major casinos during thepast two […]

Royal Oasis Sold

As reported by the Freeport News: “Former workers at the Crowne Plaza GolfResort and Casino at the Royal Oasis will get first pick at employment whenthe property reopens and government is expected to make an officialannouncement of the long-awaited sale this week. “The resort property isinclusive of a Towers, Country Club and Casino amounting to […]

Urban Growth: Strip Squeeze

If you’ve driven down the Strip anytime in the past few years, you know howbad traffic is. Now imagine yourself creeping along past one constructionsite after another trying to get to a restaurant on time with an additional50,000 cars crowding the already jammed-up Las Vegas Boulevard every day.It’s going to happen. And it’s going to […]

Tip Income Dispute: IRS Audits Anger Casino Workers

A nasty dust-up over taxes owed on tip income has Las Vegas bar andrestaurant workers seething and the Internal Revenue Service beating a hastyretreat — for now. The ruckus, which reached a head at a so-called “tipsummit” between IRS and hotel-casino industry representatives on Thursday,stemmed from two recent developments that insiders said may or may […]

Casinos Eager to Deal in Hispanics

Major U.S. brands such as Coca-Cola and Ford are doing it. As are Bank ofAmerica, AT&T and Microsoft. But Las Vegas casinos – faced with the morenuanced task of selling the image and flavor of a resort vacation ratherthan a product – are years behind other companies in recognizing thatpromoting their wares to the nation’s […]

Vision Impaired Version of Texas Hold’em Released

All inPlay, an accessible online community focused on fun and friendship forall, visually impaired and sighted alike, today announced the release of theworld’s first accessible version of Texas Hold’em. “From day one All inPlayhas been about letting the skill of the player determine the outcome of thegame, not whether or not they could see the […]

Isle of Capri Casinos Appoints GM

Isle of Capri Casinos, Inc. officials announced today the appointment ofBari Richter as vice president/general manager of the company’s Isle ofCapri-Boonville, Mo. property. Bari joined Isle of Capri in 2000 at thecompany’s Marquette, Iowa property as senior director of marketing beforetransferring to Boonville in 2003 serving in a marketing capacity until shewas appointed to the […]

Littlefield Plans New Texas Bingo Hall

Littlefield Corporation announces that it will open a new bingo hall in SanAngelo, Texas. The Company currently owns a bingo hall in San Angelo (StrikeIt Rich Bingo) which it purchased in 2005. That bingo hall has beenperforming at an increasingly high level. The new bingo hall (Let It RideBingo) is adjacent to the existing bingo […]

Fortunes Entertainment to Acquire Aztar Property

Aztar Corporation and Fortunes Entertainment, LLC today announced that theyhave signed a definitive agreement under which Fortunes Entertainment willacquire from Aztar the casino property commonly known as Casino AztarCaruthersville. A sale of Casino Aztar Caruthersville, which is expected tobe completed during the fourth quarter of 2006, had been contemplated inAztar’s May 19 merger agreement with […]