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Monthly Archives: August 2006

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 […]

AC Casino Supervisor Suspended

As reported by the Press of Atlantic City: “One former surveillancesupervisor had his gaming license suspended but another was exoneratedWednesday in a case of video spying at an Atlantic City casino. “In a 4-0vote, the state Casino Control Commission suspended the license of JamesDoherty for 20 days for using his security cameras to spy on […]

Mississippi Casino Revenues Dip

With seven hurricane-destroyed casinos still on the sidelines, revenuesproduced by Mississippi’s gaming industry took another year-over-year dip inJuly, according to figures released Wednesday by the state’s gamingregulators. But clearing skies are on the horizon. With only five casinosopen during the month from what had been a 12-casino coastal gaming market,Mississippi gaming revenues were $222.7 million […]

New Orleans Board Considers New Riverboat Casino

As reported by the Undaunted by questions about whether it will even existfive months from now, the Orleans Levee Board has added another project toits to-do list: the pursuit of a new riverboat casino to replace thegambling hall lost to Hurricane Katrina. “The agency, which could becomepart of a regional authority next year if voters […]

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 […]

Connecticut Tribe, MGM Mirage Envision More Casinos

As reported by the Connecticut Day: “What do you get when you marry a tribethat operates the world’s largest casino with one of the world’s biggestgambling companies? “Well, for one thing, a lot more casinos, possibly herein southeastern Connecticut, elsewhere in Indian Country, in Atlantic Cityor on the Las Vegas strip. “That’s part of the […]

Biloxi Projects Given Green Light

As reported by the Biloxi Sun: “The Commission on Marine Resources onTuesday gave a long-delayed casino project near Diamondhead more time to putits plans into action and said the Isle of Capri Biloxi can fill wetlands toexpand its gambling space. “Casino World Inc. received its fourthconsecutive extension for a permit originally issued in 1996 to […]

Manitoba Casino Not Worried About Smoking Ban

As reported by the Winnipeg Sun: “South Beach Casino’s popularity andsuccess wouldn’t be threatened if a provincial smoking ban were extended toFirst Nations, the chairman of the native-run casino says. “The casino onHighway 59 would continue to thrive if puffers were forced to butt outbecause fewer than 10% of its total patrons are smokers, said […]

Clermont Club Set to Fall to Malaysian Billionaire

“The London casino where Lord Lucan once played bridge with the likes of SirJames Goldsmith and John Aspinall, is to be acquired by the Malaysianbillionaire Quek Leng Chan, The Times has learnt. “BIL International, theSingapore-listed investment firm controlled by Mr Quek, is understood to beclose to agreeing the purchase of the Clermont Club in Mayfair […]

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 […]

Locals Praise Caesars Indiana

As reported by the Louisville Courier-Journal: “Two groups of Harrison andFloyd residents gave Caesars Indiana casino overwhelmingly high marksyesterday for improving their community. “The casino’s tax revenues andincentive payments to two local community foundations have helped pay forcollege scholarships, adult-education programs and an array of projects.“That message was delivered to two consultants who visited Corydon […]

Canal Fulton Council Upset by Casino Survey

As reported by the Canton Repository: “Canal Fulton City Council memberswere both bewildered and dismayed about a telephone survey being conductedby Discovery Research Group about casinos. “Council members were bewilderedbecause none knew anything about the survey. City Manager Mark Cozy said theEastern Shawnee Tribe of Oklahoma contacted him July 26 about the survey andhe informed […]

Developer Looks to Sign Agreement with Tribe

As reported by the Arkansas Democrat Gazette: “The developer behind aproposed casino in downtown Fort Smith says his next step is forging legalagreements that will hold him and a partnering Indian tribe accountable fortheir promises regarding the project. “Bennie Westphal of Fort Smith alsosaid he hopes that winning the endorsement of the Fort Smith RegionalChamber […]