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Tag Archives: casino

Cowlitz Casino Study Released

As reported by the Columbian: “A long-awaited study on the proposed Cowlitz Tribe’s casino complex advocates building a huge project that would employ nearly 3,200 people. “The draft environmental impact statement, prepared by Analytical Environmental Services of Sacramento, Calif., details a massive structure near La Center that would cost $510.3 million to build and contain […]

Greektown Leads Detroit Casinos

As reported by the Detroit Free Press: “Greektown Casino led Detroit casinos in revenue growth for March, registering a 14.6% rise, the Michigan Gaming Control Board reports. “Greektown reported revenue of $32.2 million, up from $28.1 million in the same month last year. MGM Grand Detroit Casino had a 1.53% rise in revenue to $41.5 […]

Harrah’s Casino’s Traffic Impact Studied

As reported by the Pittsburgh Tribune-Review: “Harrah’s Station Square Casino has the potential to ‘blow up’ traffic congestion on the South Side, an independent traffic engineer told the city’s Gaming Task Force today. “Chuck Wooster, president of David E. Wooster and Associates, raised questions about both Harrah’s and Majestic Star Casino, which would locate on […]

New Product Puts Cash at Gamblers’ Disposal Quicker

Two Las Vegas gaming-equipment providers are developing a device that could eventually let slot customers make credit-card and debit-card withdrawals directly at the game. The proposed device won’t allow casino patrons to gamble directly off their Visa or American Express cards, but will remove several steps in the current money access process, Mike Rumbolz, chief […]

Group Puts Off Listing Casino Concerns

As reported by the Contra Costa Times: “A North Richmond neighborhoodadvisory group failed Tuesday to come up with a list of concerns about aplanned Las Vegas-styled casino in its community. “Though the North RichmondAdvisory Council has until April 28 to submit written concerns, the groupdoes not yet have such a list drafted, nor has it […]

Casino Lawsuit Bogged Down by Attorney Fees

As reported by the Whitefish Pilot: “Negotiations in the Best Bet Casinoinverse-condemnation lawsuit have bogged down over the issue of litigationexpenses, with the attorney for the casino asking for $263,507. “That’s ontop of the $176,833 that a jury awarded K & R Partnership in July last year.In a 12-0 ruling, the jury decided the city […]

Kalispell Board Supports Casino

As reported by the Daily Inter Lake News: “How close should casinos be toKalispell’s parks, schools and churches? “The Kalispell Planning Boardwrestled Tuesday with two aspects of that question, deciding to recommendthat the City Council: “-Keep the current legal 300-foot buffer and have thecity staff explore creating exemptions if a four-lane highway, river,airport or other […]

Sun International Offer Deemed Unacceptable

As reported by Reuters: “Investment firm Real Africa Holdings Ltd. said onWednesday a 2.2 million rand cash offer to acquire it by South Africa’s topcasino operator, Sun International, undervalued it and was unacceptable.“Sun said last month that it hoped to buy Real Africa at 5.90 rand pershare, which represented a premium of 13.5 percent to […]

Navajo, Federal Officials Meet

As reported by the Arizona Journal: “Navajo Nation officials, includingPresident Joe Shirley Jr., met with federal gaming officials in Albuquerque,N.M., last week to discuss the tribe’s plan to build a casino near Sanders.The results of the meeting were not available by press time, but tribalofficials indicated that a statement would be provided soon after themeeting.“Communications […]

Millionaire Bets on Casino

As reported by the UK Evening Telegraph: “Millionaire businessman RinaldoFasulo showed his hand today – and revealed he is willing to stake £50million on opening a glitzy casino. “Laying his cards on the table, Rinaldo,the former nightclub owner said he was hoping the city council would back alocal man getting the gambling licence. “Mr Fasulo, […]

Sportsbook.com Posts 2007 NCAA Odds

Cinderella has left the ball, Reggie Bush has all but been drafted by the Texans and all the fans have gone home, but Sportsbook.com odds makers are ready for the madness to begin again! The world’s largest online sportsbook and casino has posted early odds on who will win the 2007 NCAA basketball tournament and […]

Retiree Caught in a Legal Web Over his Gambling Patent

Mel Molnick is an unlikely adversary of the Internet gambling industry. He is not a foe of gambling. But the retired contractor has spent the last several years suing dozens of online casinos. Molnick, 63, claims to own a method patent that governs live, electronic betting from a remote location. In other words, the process […]

Station Buys Back Shares

Station Casinos announced Tuesday it had repurchased $232 million of its common stock as part of an accelerated share buyback program that the company initiated in February. The announcement came a week before Station opens Red Rock Resort, its most ambitious resort project to date. In all, Station said it expects to buy back more […]