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Harrah’s Brand on Fast Track

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 […]

Senate to Vote on Tribal Gaming Authority

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 […]

Stanley Leisure Sell Maxim Stake

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 […]

UK Casino Rules Published

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 […]

New Zealand Racing Industry Gets Tax Break

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 […]

Peermont Profits Up

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 […]

Norwich Leaders Consider Rejecting Casino Idea

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. […]

Melco Shares Up

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 […]

Montreal Casino Gets Mixed Response

As reported by the CBC Radio: “Guy Coulombe says it is too early for the Quebec government to decide to move Montreal’s casino. “Coulombe heads an intergovernmental committee that is examining whether the casino should be moved to the Peel Basin, in the heart of some of Montreal’s poorest neighbourhoods. “There’s a lot of good […]

NASCAR Arrives in Vegas

NASCAR fans in Southern Nevada don’t have to visit Las Vegas Motor Speedway to snag the sport’s most popular products. Just a pit stop away from this city’s largest megaresorts, Chicago businessman Steve Deli and his wife, Anne, are offering an extensive array of licensed T-shirts, caps and jackets. The nation’s third NASCAR The Official […]

Coventry Bid Finds Support

As reported by the icCoventry: “Labour opposition leader John Mutton has called on Birmingham and Solihull to back Coventry’s bid to have Britain’s first pilot super-casino. “He said they should give up their respective plans for a pilot at the Birmingham City Football Club and at the National Exhibition Centre. “He spoke after Coventry’s Tory-run […]

Dynasty Gaming, Golden Palace Sign Deal

Dynasty Gaming Inc., a global online gaming sector leader with a first-to-market aggregate player, cash-wager version of Mahjong, today announced the signing of a contract with Golden Palace Limited. The contract, through Dynasty’s Mahjong Systems Limited subsidiary, covers the installation and payment of royalties for the Company’s Mahjong Mania gaming software. Mahjong is acknowledged as […]

IGT Extends Exchange Offer

International Game Technology announced today that it is extending until 5:00 p.m. New York City time on Tuesday, March 14, 2006, unless otherwise terminated or further extended, the expiration of its offer to exchange up to $969,712,000 in aggregate principal amount at maturity of new Zero-Coupon Convertible Debentures due January 29, 2033 (“new debentures”) for […]

The Inside Wagering Line: The Pinnacle Pulse

With “Cinderella” stories and buzzer beaters capturing the imagination of basketball fans everywhere, the NCAA tournament has become one of the biggest sporting events of the year. With Selection Sunday taking place this weekend to announce the 65 participants in the 2006 NCAA Men’s Basketball Championship, it’s safe to say that the popularity of “March […]