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Tag Archives: gambling

Harrah’s Releases Impact Report

 As reported by the Pittsburgh Post-Gazette: “If you’re at least 21 and living in Allegheny County, Harrah’s is counting on you to lose $400 at its slot machines during the casino’s first business year. By year four, if you’re not sick of losing, you’ll be expected to forfeit $521 annually. “Harrah’s Entertainment rationalizes its higher-than-industry-average […]

Michigan Casino Proposal Face New Laws

 As reported by the Port Huron Times: “Port Huron has two groups vying to build a tribal casino in the city. “One effort got approval from city voters in 2001. The question now is, would the new effort require a similar vote – or even a statewide referendum under Michigan’s new gambling law? “Lawyers are […]

Gambling.com Hot off the Press

 The premiere issue of Gambling.com Magazine debuts in style this month. A full-colour lifestyle glossy publication, the only independent VIP magazine written for online high-rollers is targeting the 50,000 most active Platinum Members of the self-same titled Gambling.com website. With an intended readership of over 100,000, editor Michael Caselli says, “With high production values, it’s […]

Local Council Supports Carlisle Casino

 As reported by the UK News & Star: “Plans to bring a casino to Carlisle have won the backing of the council. “?Councillors meeting last night voted to put Carlisle’s name forward as a venue for one of 17 new casinos to be opened as the Government relaxes gambling laws. “?A report from the council’s […]

Gambling Foes Plan Legislative Move

 Supporters of an Internet gambling ban may try this week to add the prohibition to lobbying reform legislation on the Senate floor. Sen. Jon Kyl, R-Ariz., on Tuesday, said he may offer an online wagering ban amendment as early as today. Online gambling revenues reached $10.9 billion in 2005, according to the research firm eMarketer. […]

Prairie Meadows Urged to Build Hotel

 As reported by the Des Moines Register: “State regulators are urging Prairie Meadows Racetrack and Casino to construct a hotel and parking garage to spur more business, contending the Altoona gambling operation is underperforming in its market. “The Altoona track already has one of Iowa’s most profitable gambling properties, raking in $174 million in gross […]

Delaware Brings in Gambling Machines

As reported by the Delaware State News: “New gambling machines could be coming to Delaware casinos in the fall. “The state lottery office is soliciting bids from companies to provide multi-player machines offering electronic versions of games such as poker or blackjack. “Unlike the traditional card games legal in places such as Atlantic City and […]

Kansas Lawmakers Delay Bill Again

 As reported by the Kansas City Star: “Yet again, Kansas lawmakers have delayed introducing a bill to expand state-run gambling that would include a casino for Kansas City, Kan. “Leaders in the Senate said last week they would take the weekend to work out the kinks in the plan. They are also working to ensure […]

Gaming Corp. Trading Strong

As reported by Sharecast: “Gaming Corp, owner of the casino.co.uk and gambling.com sites, continued to enjoy strong trading in the first three months of the year. “‘The first quarter of the 2006 financial year has seen continued strong trading across the group, generating first quarter profits before tax materially ahead of the profits for the […]

Hard Rock Sale Lures Bevy of Investors

 Peter Morton, owner of the Hard Rock Hotel, surely is getting just what he wanted — a bevy of would-be buyers barking at his heels. As the tale falls into place, it seems Morton was approached by an investor, probably Station Casinos, that failed to meet his terms. Still, talks convinced him of the value […]

Treasure Bay CEO Steps Down

As reported by the Biloxi Sun Herald: “Bernie Burkholder and Treasure Bay Gaming & Resorts announced jointly this morning that Burkholder has stepped down as chief executive officer of the privately held gambling company. “Susan Varnes, the corporate vice president of operations and general manager of the Biloxi casino, assumed management of the company with […]

Gambling Companies Courting Massachusetts

 As reported by the Boston Herald: “For gambling tycoons, the ultimate prize may not be another towering casino complex on the Vegas Strip. “Rather, it may be cracking one of the most lucrative and so far elusive potential gambling markets in the country – Massachusetts. “Some of the world’s top gambling magnates have long dreamed […]

Spanish Casino Prepares for Move

As reported by the Tenerife News: “The days of Puerto de la Cruz’s Casino Taoro are numbered. The popular gambling attraction is set to move down from its present perch overlooking the town, to its new home in the waterfront Lago de Martiánez, in June. “As far as visitors are concerned, the new location in […]

Spread of Gambling Loses Steam

After years of heady campaigns to spread legal, commercial gambling to new jurisdictions in the United States, proliferation has ground to a halt in 2006. Deutsche Bank analyst Andrew Zarnett called current chances for proliferation in the near term “nominal to nonexistent.” “Within the U.S., there’s very little proliferation except for Pennsylvania, where slots at […]