Shareholders attending Pinnacle Entertainment’s annual meeting Wednesday didn’t have much to say about the company’s proposed $2.58 billion buyout of Aztar Corp. But company Chairman Dan Lee did. Lee told shareholders that Aztar’s advisers acted in a “sleazy” manner as the price for buying the Tropicana’s parent corporation rose significantly in the weeks after Pinnacle […]
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Despite accolades from business and community leaders, MGM Mirage executives conceded at their annual diversity program presentation Wednesday that they have a long way to go in building a company and industry that fully reflects American culture. The Rev. Jesse Jackson, speaking from the audience, said MGM Mirage and the audience of 1,500 suppliers, contractors […]
The March winds blew yet another travel industry record into Las Vegas, this time the highest monthly visitor count in local history. More than 3.4 million people came here in March, or 11,821 more than were reported for the same month a year ago, the previous titleholder for Las Vegas’ busiest month. That 0.3 percent […]
As reported by the Sydney Morning Herald: “Sydney bookmakers Con and George Kafataris appear to be finally preparing for a big punt on the sharemarket with the listing of their online sports-betting shop, Centrebet. “‘We’re looking at all options at the moment,’ said Con Kafataris, confirming that public listing was one possibility. “The brothers have […]
Net revenue for the first quarter of 2006 increased 31.3% to a record $530.4 million compared to $403.8 million in the prior year’s quarter. Adjusted net income for the first quarter of 2006 improved to $134.8 million, or adjusted earnings per diluted share of $0.38, versus adjusted net income of $103.1 million, or adjusted earnings […]
* Record first quarter consolidated net revenues of $256.1 million, representing an increase of $16.0 million, or 6.7%, over the first quarter of 2005. * First quarter consolidated operating income of $43.7 million, a decrease of $2.6 million, or 5.7%, from the prior-year first quarter, after giving effect to $2.1 million of stock option compensation […]
Scientific Games today reported first quarter 2006 revenues of $208.1 million, up 13 percent from $184.6 million in the first quarter of 2005. Net income was $22.4 million or $0.24 per diluted share, net of $6.4 million of stock compensation expense and other unusual charges, up 6 percent from $21.0 million and $0.23 per diluted […]
When the gates open at Churchill Downs it will be Brother Derek that is favored to charge to the finish line according to odds makers at sportsbook.com, the world’s largest online sportsbook and casino. But Brother Derek will have an admirable challenger in Lawyer Ron, listed at 9-2. The three year old colt is on […]
Sportsbook.com, the world’s largest online sportsbook and casino, has posted odds on the NHL’s Eastern Conference semi-final match-ups. The Ottawa Senators are big -280 favorites against the upstart Buffalo Sabres while the red hot New Jersey Devils come into their series with the Carolina Hurricanes as -175 favorites, despite being the lower seed. Ottawa and […]
Atronic invites customers to visit booth #507 at the upcoming Southern Gaming Summit in Tunica, Mississippi May 4th – 5th. Atronic will launch the stunning new Lady Orleans(TM) series of games, featuring four unique themes, each with a distinctive design and character. The exceptional games combine a free games feature with Atronic’s new Mystery Magic(TM) […]
Initial discussion about the new partnership between Strip titan MGM Mirage and the tribe that owns and operates the world’s biggest casino has focused on the deal to build a $700 million MGM Grand-branded casino next to the tribe’s Foxwoods resort. While the plans to use an MGM Mirage brand on a casino owned by […]
As reported by the Billings Gazette: “Poker players are becoming the 21st-century version of campus jocks, said Montana State University-Billings sophomore Dustin Swensgard. “.More than half of male college students interviewed last summer in a national survey had gambled on card games at least once a month, according to the Annenberg Public Policy Center of […]
The board of directors for the casino industry’s top lobbying group agreed unanimously this week to call for a one-year study of Internet gambling by a federal commission. The action Wednesday by the American Gaming Association in Las Vegas is likely to hinder efforts in Congress to ban Internet gambling. Association President Frank Fahrenkopf said […]
George W. Bush may be the worst president in American history. At least that’s what some Washington talking heads are now saying. Bush has accepted resignations from two senior Administration officials in the past few weeks but many Republicans and Democrats believe that much more needs to be done in order to salvage his lame […]