Despite a faltering lower-end market, MGM Mirage Thursday posted record revenues and earnings for the second quarter. The salvation of the company’s overall performance came from strong demand for its premium products and condo-hotel unit sales in its Signature project. The company reported second-quarter net income of $146.4 million, or 50 cents per diluted share, […]
Category Archives: Gambling News & Events
As reported by the Buffalo News: “Buffalo officials and the Seneca Nation of Indians may not be through talking about a downtown casino after all. “On Wednesday Mayor Byron W. Brown declared an impasse in casino discussions, and the Senecas vowed to move ahead with a ‘less grand’ downtown gaming venue. But Thursday representatives from […]
As reported by the Louisville Courier-Journal: “The Caesars Indiana casino lost nearly half a million dollars over two-days last month on one slot machine that had been incorrectly set to give players credit for 10 times the amount of money they put into it. “Caesars and Indiana Gaming Commission officials say the machine – named […]
As reported by the Gallup Independent: ” – The Navajo Nation could have a contract in place by next Friday to construct a temporary casino in Navajo, Ariz., President Joe Shirley Jr. told the Economic Development Committee Wednesday. “Shirley said though there had been a designation to have Nahata Dziil be the home of the […]
As reported by the Pittsburgh Post-Gazette: “State Sen. Jeffrey Piccola, R-Dauphin, is urging the Pennsylvania Gaming Control Board not to approve any more slot machine-related licenses before Oct. 31, so the Legislature will have time to make necessary reforms in the 2-year-old slots law. “Mr. Piccola’s call for the delay, made yesterday, conflicts with the […]
As part of House Speaker Dennis Hastert’s (R-IL) agenda to force Americans to abide with his moral beliefs, Congress is now trying to outlaw Internet gambling. Hastert listed the prohibition of Internet gambling in his recently announced American Values Agenda. The House of Representatives already passed H.R. 4411, The Unlawful Internet Gambling Enforcement Act of […]
Nevada Gold & Casinos, Inc., today announced that the New York Lottery has approved a temporary license to operate video gaming machines at Vernon Downs Racetrack. John Arnesen, President and Chief Operating Officer of Nevada Gold & Casinos, Inc., said, “The receipt of this license is another important step in the redevelopment and expansion of […]
Chase Utley increased his hit streak to 35 games last night. He’s only the fourth player in the last 20 years to get a hit in every game in a month, and sportsbook.com, the world’s largest online sportsbook and casino, has posted odds on how long the streak will last. The Philadelphia Phillies’ second baseman […]
The National Indian Gaming Commission (NIGC) is continuing its efforts to better distinguish the Indian Gaming Regulatory Act (IGRA) standards for technological aids, which Indian Tribes may utilize to play bingo and similar Class II games without a Tribal-State compact, from slot machines and electronic facsimiles of games of chance which are Class III devices, […]
As reported by the Guam Pacific Daily News: “Slots-machine proponent Guam Greyhound and its owner James Baldwin sued an anti-gambling group for defamation today. “Named in the lawsuit were Lina’la Sin Casino and its spokeswoman Jackie Marati. Also sued were unnamed individuals referred to in the suit as John Does 1 through 20. “The lawsuit […]
As reported by the Agence France-Presse: “Booming Macau will leap-frog the world famous Las Vegas Strip as the world’s strongest casino market this year, analysts said, predicting its gaming halls will generate 8 billion dollars by 2007. “With more than 20 billion dollars worth of investment committed to some 25 new hotels and casinos in […]
Electronic Game Card, Inc. (OTCBB: EGMI), the creator of the Electronic GameCard, has provided a six month update of its business activity, including milestones achieved subsequent to the update issued January 31, 2006. Electronic Game Card (“EGMI”) has entered a highly productive period, which was highlighted by its joint venture partner, Scientific Games Corporation (NASDAQ: […]
Consumers will continue to say otherwise, but rising gasoline prices aren’t keeping Americans from shopping normally, a prominent retailing consultant said Wednesday in Las Vegas. In recent months, worries surrounding fuel prices’ negative effects on the economy have led more U.S. consumers to say they’ll cut back at stores. But that talk means little to […]
Representatives of some of the world’s best-known brands will huddle here next month to discuss ways to link their products with February’s NBA All-Star events in Las Vegas. The National Basketball Association’s 21 official marketing partners are a who’s who of commercial giants, from the Coca-Cola Co. and Nike to Toyota Motor Corp., McDonald’s Corp. […]