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Tag Archives: bet

Star City Casino Workers Demand Pay Raise

As reported by the Australian: “Hundred of Star City Casino workers gatheredon the steps of Sydney’s premier gambling venue today to call for betterpay. “Blowing whistles and yelling ‘decent wages, listen up’, the workerscalled on the casino’s management to offer an increased pay deal to offsetrising petrol prices, interest rates and inflation. “Workers staged theprotests […]

New Jersey Results Mixed

As reported by the Press of Atlantic City: “.With the unprecedentedgovernment shutdown of the gaming industry still weeks away, gamblers packedthe casinos in the second quarter to push up gross operating profits by 8.5percent to $355.9 million. “Net revenues rose nearly 5 percent to $1.27billion, although net income was down 74.5 percent to $98.5 million,according […]

Tabcorp Takeover Bid Rejected

As reported by Bloomberg News: “Tabcorp’s hostile offer of 1.9 billionAustralian dollars for Unitab was rejected by the Australian antitrustregulator Wednesday on grounds the combined company would dominate bettingon horse races. “The deal would have been worth the equivalent of $1.45billion. “Unitab shares tumbled 5 percent after the regulator said itopposed Tabcorp’s plan to add […]

Former Online Gambling Executive Remains in U.S. Custody

As reported by the Associated Press: “Former online gambling executive DavidCarruthers remained in federal custody Tuesday as his attorneys hammered outtechnical details of his release with federal authorities. “Carruthers’ bailis set at $1 million. If released, Carruthers would be required to stay inthe St. Louis area until his trial on racketeering and fraud charges.“Carruthers’ attorney […]

Casino Stocks Mostly Unfazed by Latest Terrorism Incident

Gaming investors saw the foiled terrorist plot to bomb airline flights as ablip on their radar screens Thursday and showed little inclination to reducetheir casino stock holdings. “I don’t think it’s really had much of aneffect at all,” said analyst David Katz of CIBC World Markets. Investorshave priced the risk of a terrorist attack into […]

Luck, Aggressiveness Turn World Series of Poker to Gold

To the several thousand poker fans and observers who packed the Rio’sconvention area Thursday night and early Friday morning, Jamie Gold’s WorldSeries of Poker championship was a foregone conclusion. Of the 236 handsplayed during almost 12 hours of poker, Gold, a 36-year-old resident ofMalibu, Calif., was involved in nearly 75 percent of the action, mostly […]

U.K. Residents Unlikely to Stop Coming to Las Vegas

United Kingdom travelers aren’t canceling plans to visit U.S. cities such asLas Vegas, sources said Friday, even in the wake of a foiled terror plot toexplode 10 U.S. passenger planes over the ocean. “We’re used to it, and wefeel that if we bow down, then the terrorists have won,” Stella Clery,managing director of Cellet Travel […]

BetOnSports Locks Out US Bettors

As reported by the St. Louis Post-Dispatch: “BetOnSports, the onlinegambling company targeted by federal prosecutors in Missouri and Washington,is shuttering the majority of its billion-dollar operations and will nolonger accept bets from the United States, a company spokesman said Thursdayevening. “The move was seen as a significant victory for prosecutorstargeting online gambling and as somewhat […]

Reno Casinos Bounce Back

As reported by the Reno Gazette-Journal: “Reno casinos’ revenue rose in thelast fiscal year for the first time in six years, the Gaming Control Boardsaid Thursday, giving solid evidence of a rebound experts have suggested isin the works. “The state works on a July-June fiscal year to plan itsbudget, and when casinos reported the revenue […]

Pachinko World Reports Positive Outlook

Pachinko World, Inc., a publicly traded company competing in Japan’s estimated $240 billion pachinko industry, today announced a positive outlook for its fiscal year 2007, ending May 31, 2007, and outlined related expansion plans. Based on management estimates, total revenues for the fiscal year ending May 31, 2007 are expected to be in the range […]

Survey: Other States Benefited from Atlantic City Shutdown

The casinos in Atlantic City, NJ were closed down on July 5 through July 7, 2006 due to a temporary state budget impasse. Only one in 10 (9%) gamblers in New Jersey and surrounding states had made specific plans to go gambling in Atlantic City on those dates(1), but of those who did, 13 percent […]

Bluemoon Entertainment Says Bodog Uses Offshore Status to Evade U.S. Lawsuit

Los Angeles-based television production company BluemoonEntertainment has withdrawn its lawsuit against online gaming operator Bodog.com due to the defendant’s offshore status and lack of U.S. assets, both of which make it very unlikely that Bluemoon could collect any potential judgment in the U.S. Filed last April in Los Angeles Superior Court, the case withdrawn todayinvolved […]

Isle of Capri Completes Relocation

Isle of Capri Casinos, Inc. has completed its previously announced corporaterelocation to St. Louis and established a regional office in Biloxi, Miss.The address and phone number for the St. Louis corporate headquartersfollows: Isle of Capri Casinos, Inc. 600 Emerson Road Suite 300 St. Louis, MO 63141 (314) 813-9200The address and phone number for the Biloxi […]