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Atlantic
City
July 31 2001
AC casino tunnel
briefly opens
NEW YORK TIMES NEWS SERVICE
ATLANTIC CITY -- It has been called more bad names than a cheapskate
slot machine, but the Atlantic City tunnel to the growing north end
casino district has survived its critics, and opened -- briefly --
Friday to a shower of confetti and high hopes.
More..
July
21 2001
Regulators fine
resort $140,500
ATLANTIC CITY -- Tropicana Casino and
Resort was fined $140,500 Wednesday for three gambling law
violations, including one in which it mistakenly returned a $20,000
marker to a gambler without his redeeming it.
More...
July
17 2001
European
students get work experience in Atlantic City casinos
ASSOCIATED PRESS
ATLANTIC CITY -- Eastern European university students are being recruited
by casinos starved for help to fill $6- to $9-an-hour summer jobs as
chambermaids, valet parking attendants and front desk clerks.
More...
July
13 2001
Strip club
bouncer faces charges in man's death
ASSOCIATED PRESS
ATLANTIC CITY -- A bouncer at a strip club has been charged with
murder in the stomping death of a 24-year-old investment banker who
had just been ejected, authorities said Wednesday.
More...
July 6 2001
Tropicana
addition approved in Atlantic City
ATLANTIC CITY, N.J. (AP) - The City Council has
approved the proposed $225 million expansion to Tropicana Casino and
Resort.
More...
July 5 2001
Developer
plans tower for Atlantic City resort
ATLANTIC CITY -- The new
owners of Resorts Atlantic City may spend more money renovating the
property than they did buying it.
More...
July
3
2001
Casinos
give workers big prizes to lift morale
ATLANTIC CITY - For simply doing his job as he's supposed to -
providing good service to guests at Showboat Casino-Hotel - Kevin
Vuong last week won a new car.
More...
Biloxi
International
July 25 2001
Woman killed for
lottery numbers
ASSOCIATED PRESS
KUALA LUMPUR, Malaysia -- Malaysian police said DNA tests have
identified a victim of a ritual killing as an American woman who
went missing about 19 months ago.
More...
July 24 2001
Mexican deal
struck
A pair of small Las Vegas gaming companies
announced they finalized an agreement to develop and operate
"entertainment centers" in Mexico.
The first center operated under the
agreement between Viva Gaming & Resorts Inc. and Phoenix Leisure
Corp., located in one of Mexico City's busiest malls, will be
completed in late August. The center will contain 460 token-operated
lottery machines.
More...
July 23 2001
Monaco
Trawls New Waters for Tourist Dollars
MONTE CARLO (Reuters) -
Monaco has built its reputation on hosting the rich and famous, but
the tiny principality is gambling on a more modest class of customer
to keep the cash registers ringing all year round.
More...
July
12 2001
LV
Strip giant eyes foreign Internet casino
LAS VEGAS SUN
Las Vegas Strip casino resort giant MGM MIRAGE has for some time
been the most vocal proponent of legalized Internet gambling being
offered by Nevada casinos.
More...
July
7 2001
U.S.
firms seen as abetting illegal 'Net gambling
NEW YORK TIMES NEWS SERVICE
While it is illegal to offer wagers over the Internet in most
states, a growing number of U.S. companies are profiting from a
boom in online gambling and from business relationships with
virtual casinos based overseas whose games can be played in the
United States.
More...
July
7 2001
Las Vegas casino
owner plans Mexico gambling complex
LAS VEGAS (AP) - A Las Vegas casino owner
wants to build a gambling complex in Reynosa, Mexico, across the
border from McAllen, Texas.
More...
July 6 2001
LV
casino operator looks to expand to Mexico
REYNOSA, Mexico -- A Las Vegas-area developer agreed Wednesday to
build a casino and luxury hotel in this border city, even though
laws lifting a ban on casinos have yet to be approved by Mexico's
Congress.
More...
July 4
2001
Buyout by
Aristocrat completed
Aristocrat Leisure Ltd., a Sydney,
Australia-based slot machine manufacturer, announced Friday it has
completed its acquisition of Casino Data Systems of Las Vegas.
More...
July
3
2001
British
Gambling, Leisure Company Wins Social Responsibility Award
Evening Standard, London
Bookmaker Ladbrokes is among companies to qualify for the
country's first ethical Kitemark.
Technology firm ARM Holdings, a fellow FTSE 100 constituent, has
qualified alongside a college, a trade organisation and the Isle
of Wight's 16-bedroom Seaview Hotel and Restaurant for the
GoodCorporation badge of corporate social responsibility.
More...
July
1
2001
Tabcorp
stops casino high roller incentives
MELBOURNE (Reuters) - Australian gaming,
wagering and casino group Tabcorp Holdings Ltd said on Thursday
its Star City casino in Sydney decided to stop its highroller
incentives programme.
More...
Reno
Las
Vegas
July 31 2001
London
Clubs CEO out: Aladdin fate up in air
LAS VEGAS SUN
Alan Goodenough today resigned as executive chairman of London Clubs
International, as speculation swirled on both sides of the Atlantic
that his company is about to take control of the $1.2 billion
Aladdin hotel-casino on the Las Vegas Strip.
More..
July
31 2001
Critics
decry 'laundering' of casino licenses
ASSOCIATED PRESS
CHICAGO -- Illinois gambling regulators found Horseshoe Gaming mogul
Jack Binion of Las Vegas unfit to run a riverboat casino in their
state, so he left -- after selling his suburban Chicago casino for
$465 million.
More...
July 30 2001
New
casino packs 'em in
ARIZONA DAILY STAR
They opened their wallets for the coinless slot machines and their
mouths for the countless snacks as they put their feet in motion to
explore Southern Arizona's biggest and newest casino.
Retirees, families and groups of friends
poured Friday into the new $52 million Desert Diamond Casino,
operated by the Tohono O'odham Nation's Gaming Authority,
despite a little-advertised opening day.
More...
July 30 2001
Tucson,
Ariz.-Area Casino Prepares to Open
The new Desert Diamond Casino south of
Tucson could open as early as today -- or as late as next week or
beyond.
Before it opens, the casino -- off
Interstate 19 near Sahuarita -- must get regulatory approval from
the state Department of Gaming. That could happen at any time, said
Ned Norris, marketing director for the Tohono O'Odham Gaming
Authority.
More...
July 29 2001
Purdue won't
play in Vegas casino
Purdue's men's basketball team will still
play in a December tournament in Las Vegas, but not in a casino
ballroom as had originally been planned.
More...
July 28 2001
Vegas
casino figure jailed for bankruptcy fraud
NEW YORK TIMES NEWS SERVICE
TRENTON, N.J. -- After making a tearful apology to his family,
friends and officials of the federal bankruptcy court, a
once-flamboyant penny-stock tycoon, Robert Brennan, was sentenced
Thursday to nine years and two months in federal prison for
money-laundering and bankruptcy fraud.
More...
July 27 2001
Casinos
happily cash tax rebates
LAS VEGAS SUN
What Uncle Sam giveth in the form of tax rebate checks, Las Vegas
casinos are happy to taketh away. The
first of 92 million federal tax rebate checks are in the mail. Over
the next 10 weeks Americans will receive an estimated $38 billion
from the U.S. Treasury -- up to $300 for singles, up to $600 for
couples.
More...
July
27 2001
Venetian room
rates strong, casino unlucky
LAS VEGAS SUN
For the second straight quarter, the Venetian's earnings have been
pushed down by below-normal hold, even while demand for its hotel
rooms boomed.
More...
July 27 2001
Internet
bookings growing for hotels
LAS VEGAS SUN
Las Vegas hotel operators apparently believe the tech-savvy customer
is not a niche to be ignored as local resorts step up promotions for
discounted rooms, show tickets and other deals through their
Internet websites.
More...
July 26 2001
Mississippi
watchdog group seeks better enforcement of gaming laws
ASSOCIATED PRESS
JACKSON, Miss. -- Mississippi Gaming Commission Executive Director
Chuck Patton dismissed a state watchdog group's report that the
agency needs to do a better job of enforcing some regulations and
documenting its business.
More...
July 26 2001
Business
slow for Station, North Las Vegas project off
LAS VEGAS SUN
Station Casinos Inc. announced this morning it is abandoning a
controversial casino proposal in North Las Vegas.
More...
July 26 2001
Mikohn Gaming
reports strong gain in revenue
LAS VEGAS SUN
Mikohn Gaming Corp., a Las Vegas-based supplier to the casino
industry, on Tuesday reported a second-quarter profit of $1.67
million or 15 cents per share, about even with the prior-year
quarter's $1.63 million or 15 cents.
More...
July 26 2001
Legal insurer
wants out of casino design case
LAS VEGAS SUN
A legal malpractice insurer is disclaiming responsibility for claims
made by a law firm representing Las Vegas architect Domingo Cambeiro
in a legal battle over the design of the New York-New York
hotel-casino on the Strip.
More...
July 25 2001
Mayors, critics
argue over Chicago-area casino
CHICAGO -- Suburban mayors urged quick
approval of a casino in Rosemont on Monday, while critics said the
parade of endorsements was engineered by state senators to focus
fresh heat on gambling regulators.
More...
July
25 2001
Vegas casino
operators considering a bet on legalized gambling in Macau, Britain
LAS VEGAS SUN
In most respects, the Chinese coastal city of Macau and the United
Kingdom are about as different as two areas of the globe can get.
More...
July
25 2001
MGM MIRAGE posts
impressive profit numbers
LAS VEGAS SUN
MGM MIRAGE, continuing to defy fears of a slowdown in the Las Vegas
gambling industry, today reported a substantial jump in earnings for
the second quarter of 2001.
More...
July 24 2001
County OKs
razing of DI: Wynn expected to unveil plans for new resort in
October keynote address
LAS VEGAS SUN
Nearly one year after shutting down the Desert Inn, Steve Wynn has
received county approval to begin the process of demolishing the
50-year-old resort to make way for his latest creation.
More...
July
24 2001
Panel delays
vote after N.O. casino layoffs
ASSOCIATED PRESS
NEW ORLEANS -- A day after Harrah's New Orleans Casino, the
recipient of a major tax break from the state four months ago, fired
148 employees, the city decided Wednesday to delay considering a $5
million annual reduction in lease payments.
More...
July 22 2001
Las Vegas Poker
Room's New Manager Plans Changes
New Binion's Horseshoe poker room manager
Tom McEvoy plans major changes for the casino's card room and the
World Series of Poker.
McEvoy assumed the Horseshoe's top poker
job last week, almost two months after a World Series of Poker
controversy cost the job of then-card room manager Cathi Wood.
More...
July 22 2001
Successful
Northwest Restaurateur to Become Major Player in Gaming And
Entertainment Scene
SEATTLE/PRNewswire/Gerry Kingen, founder of Red Robin
Restaurants and the award-winning Salty's Restaurants, will become a
major player in the Washington state mini-casino scene with the
opening of Funsters Grand Casinos. The 24,000 square foot
entertainment and gaming club will open to the public on August 1,
2001.
More...
July 21 2001
$100,000 awarded
in cybersquatting case
A federal judge has awarded more than
$100,000 in damages to the Bellagio resort and ordered a California
company to stop using its name.
More...
July 21 2001
Attorney sues
for legal fees
A Las Vegas attorney retained by San
Francisco businessman Luke Brugnara to help him apply for a gaming
license to reopen the Strip's Silver City casino has sued to recover
$15,130 in alleged unpaid legal fees.
More...
July
20 2001
Bad hold, tough
competition plague Rio
LAS VEGAS SUN
Since late 1999, the Rio has looked a lot like a hard-luck gambler
taking a pounding at the tables.
For six of the last seven quarters --
including the quarterly results reported Wednesday -- the Rio's
tables haven't won nearly as much from gamblers as company officials
and investors expected. And each time, that factor -- "poor
hold," as it's usually called -- has impacted the earnings of
Rio owner Harrah's Entertainment Inc.
More...
July
19 2001
Pataki
denies Indian casino deal close
ALBANY, N.Y. -- New York Gov.
George Pataki said Tuesday talks are continuing between his
administration and Mohawk Indians over bringing casino gambling to
the Catskills, but he denied that an agreement is imminent.
More...
July
19 2001
Louisiana
critics rip Harrah's for New Orleans job cuts
ASSOCIATED PRESS
NEW ORLEANS -- About four months after getting a major tax break
from the state to stay open, Harrah's New Orleans Casino on Tuesday
cut 148 jobs, saying the reductions were needed to match the demand
of its customers
More...
July
19 2001
Vegas shows
slight visitor increase in May
Las Vegas eked out a marginal increase in
visitor volume in May, despite a dramatic drop in convention
business, the Las Vegas Convention and Visitors Authority reported
Tuesday.
More...
July
18 2001
Analysts bullish
on IGT, WMS
LAS VEGAS SUN
Deutsche Banc Alex. Brown gaming analyst Mark Mutkoski has initiated
coverage of International Game Technology and WMS Industries Inc.,
assigning the two slot machine manufacturers a buy rating.
More...
July
17 2001
Harrah's
claims Station violated slot club patents
LAS VEGAS SUN
Harrah's Entertainment Inc. hauled Station Casinos Inc. into Las
Vegas federal court Friday, claiming Station is violating three
Harrah's patents with its popular "Boarding Pass" slot
club card.
More...
July
17 2001
Bellagio named
fourth-best hotel in world
LAS VEGAS SUN
The Bellagio hotel-casino has been ranked the fourth-best hotel in
the world by readers of Travel & Leisure, a major travel
magazine.
More...
July
16 2001
New Jersey
Casinos Feeling Pressure
The Hartford Courant
Connecticut has just two casinos, but they have grown so strong that
they threaten to endanger an Atlantic City, N.J., streak of 22
consecutive years of gambling revenue increases.
For the first six months of this year, Atlantic City's 12 casinos
generated revenues of $2.1 billion, a decrease of 1.1 percent from
the same period last year.
More...
July
15 2001
Las Vegas Casino
Owner Aztar Reports Revenue Drop
Knight Ridder/Tribune
Business News
Volatile stock markets have hurt the consumer confidence of the
55-and-older crowd, cutting into the midweek business of Tropicana
owner Aztar Corp., a top company official said Wednesday. The
gyrating markets have reduced the value of a mix of retirement
programs, with many 401(k) investors last year experiencing the
first-ever yearly decline in the value of their plans.
More...
July
15 2001
House Testimony
Deals Bad Hand to Net Gambling Ban
With Nevada set to host an international
panel on online gaming this month, lawmakers supporting a federal
ban on Internet gambling were dealt a blow Thursday as experts
called draft legislation unworkable.
More...
July
14 2001
Venetian
sidewalk ruled open to union
LAS VEGAS SUN
The Culinary Union emerged victorious when a federal appellate court
ruled that individuals can picket along the Venetian hotel-casino's
privately owned sidewalk because it is a public thoroughfare.
More...
July
14 2001
Sale hearing
delayed again
A court hearing to approve plans to sell
the bankrupt Regent Las Vegas was delayed Thursday, after Regent
attorneys asked for more time to develop a sale plan. The hearing
will now be held Aug. 9.
More...
July
14 2001
LV casino
supplier sues former employees
A Las Vegas gambling equipment maker sued
two former employees, alleging they breached a non-compete agreement
when they stole its proprietary information and trade secrets to
create a rival business.
More...
July
14 2001
Slot
machine regulators concerned about LV topless club
LAS VEGAS SUN
The Nevada Gaming Control Board is considering stripping the gaming
license of the Olympic Garden, a prominent Las Vegas topless dancing
club.
More...
July
13 2001
Former Reynolds
site to have Greek theme
LAS VEGAS SUN
The company that acquired the Debbie Reynolds hotel-casino near the
Las Vegas Strip is dropping the Reynolds name and theme in favor of
a new orientation based on Greece.
More...
July
13 2001
LV resort gets
new president
The MGM Grand hotel-casino has a new
president, following the promotion of long-time Las Vegas casino
executive Bill Hornbuckle.
More...
July
13 2001
Business
strong for Boyd Gaming
LAS VEGAS SUN
Boyd Gaming Corp. of Las Vegas rode improved results at its Sam's
Town locals franchise to beat analysts' expectations in its
second-quarter earnings, the company said today.
More...
July
12 2001
Higher
energy costs hurt Vegas Tropicana
LAS VEGAS SUN
Five days after Harrah's Entertainment Inc. shook up gaming stocks
with an earnings warning, Aztar Corp. beat analyst expectations for
its second quarter ending June 28.
More...
July
12 2001
LV
Strip giant eyes foreign Internet casino
LAS VEGAS SUN
Las Vegas Strip casino resort giant MGM MIRAGE has for some time
been the most vocal proponent of legalized Internet gambling being
offered by Nevada casinos.
More...
July
12 2001
Key Park Place
executive leaves in management shuffle
LAS VEGAS SUN
Mark Dodson, executive vice president and co-chief operating officer
of casino operator Park Place Entertainment Corp. of Las Vegas,
resigned from the company Tuesday, Park Place announced.
More...
July
11 2001
LV
casino-building giant backing e-commerce firm
LAS VEGAS SUN
A Las Vegas company with a stellar resume in the design and
construction industry is trying to create a new cyber niche:
design-to-commerce.
More...
July
11 2001
Despite
claims of bad luck, two execs leave Harrah's Rio casino
The Rio hotel-casino's top two executives abruptly departed Monday,
four days after Harrah's Entertainment Inc. warned poor table game
hold at its off-Strip property had once again hurt its
profitability.
More...
July
10 2001
Nevada slot
giants merge: Job losses are expected to be minimal
LAS VEGAS SUN
In the biggest deal in the gaming industry this year, International
Game Technology of Reno -- a company that controls two-thirds of the
U.S. slot machine market -- announced Sunday it will acquire Las
Vegas-based Anchor Gaming for more than $1.3 billion.
More...
July
10 2001
Case to
proceed against Hilton, Rodman
LAS VEGAS SUN
A Las Vegas Hilton cocktail waitress won the right to a trial Friday
in her lawsuit alleging she was fondled by basketball star Dennis
Rodman and was then fired for reporting the incident to the
hotel-casino.
More...
July
10 2001
LV casino
operators looking at Chicago
MGM MIRAGE, Park Place Entertainment Corp.
and Mandalay Resort Group are all expressing interest in acquiring a
majority stake in a Chicago-area casino development opportunity,
Crain's Chicago Business reported.
More...
July
9 2001
Harrah's
Entertainment Expects Adjusted Net Income of 46 to 50 Cents per
Share for Second Quarter
LAS VEGAS--(BUSINESS WIRE)
--Harrah's Entertainment Inc. (NYSE:HET) today announced that it
expects to report second- quarter adjusted earnings per share of 46
to 50 cents, up 15 to 25 percent over last year's second quarter but
below analysts' consensus estimates of 55 cents per share.
More...
July
8 2001
LV firm still
interested in PT's deal
Las Vegas-based PDS Gaming Corp. remains
interested in acquiring the valley's largest chain of video poker
bars, PDS's chief executive said Thursday.
More...
July
8 2001
Las
Vegas Casino Executive Looks to the Future
Las Vegas Review-Journal
Knight Ridder/Tribune Business News
Palace Station, the flagship property of Station Casinos, is
celebrating its 25th anniversary, faced with increased competition
for both the locals and tourist market. Lasvegas.com columnist Len
Butcher recently sat down with Jonathan Swain, vice president and
general manager of Palace Station, to discuss the property's plans
and position in the new millennium.
More..
July
7 2001
Las Vegas casino
owner plans Mexico gambling complex
LAS VEGAS (AP) - A Las Vegas casino owner
wants to build a gambling complex in Reynosa, Mexico, across the
border from McAllen, Texas.
More...
July
7 2001
Harrah's expects
second-quarter earnings to be below estimates
LAS VEGAS (AP) - Harrah's Entertainment
Inc. announced Thursday that it expects second-quarter earnings to
fall below analysts' consensus estimates.
More...
July
6 2001
PDS Gaming cancels deal
to buy chain of PT's Pubs
LAS VEGAS SUN
As it prepares to make a run at the Regent hotel-casino, PDS Gaming
Corp. of Las Vegas has called off its deal to acquire Las Vegas's
largest chain of video poker bars.
More...
July
6 2001
Partners bidding for Regent
resort break up
LAS VEGAS SUN
A sudden, unexpected rift has developed between Peccole Nevada Corp. and
Heller Financial Inc. of Chicago, identified in May as the first bidders
on the bankrupt Regent Las Vegas hotel-casino.
More...
July 6
2001
LV
casino operator looks to expand to Mexico
REYNOSA, Mexico -- A Las Vegas-area developer agreed Wednesday to
build a casino and luxury hotel in this border city, even though
laws lifting a ban on casinos have yet to be approved by Mexico's
Congress.
More...
July 5 2001
LV man killed
during construction
A 45-year-old Las Vegas resident was
killed last month during the construction of a tribal casino in
Southern California, the Press-Enterprise of Riverside, Calif.,
reported.
More...
July 5 2001
LV Hilton
lawsuit could open doors to Park Place dealing
NEW YORK TIMES
Much of what happened inside Park Place Entertainment Corp. after
the unexpected death last year of its hard-driving chief executive,
Arthur Goldberg, remains cloaked in the official secrecy of the
company, the largest casino operator in the world.
More...
July 4
2001
Swimsuit
competitions bring publicity, players to resorts
LAS VEGAS SUN
What can take a high-roller's attention away from the tables for a
few hours?
Attractive young women clad in bikinis,
perhaps?
More...
July 4
2001
Governor won't
reappoint two who opposed riverboats
ASSOCIATED PRESS
CHICAGO -- Two members of the Illinois Gaming Board who provided key
votes against building a new riverboat casino in Rosemont got their
walking papers Friday from Gov. George Ryan.
More...
July
4
2001
Resort makes key
payment
The Aladdin hotel-casino cleared a key
financial hurdle when it made a $4.9 million interest and debt
payment to its bankers Friday.
More...
July 4
2001
Buyout by
Aristocrat completed
Aristocrat Leisure Ltd., a Sydney,
Australia-based slot machine manufacturer, announced Friday it has
completed its acquisition of Casino Data Systems of Las Vegas.
More...
July
3
2001
Las
Vegas-Area Hotels, Casinos Expect Strong Crowds for July Fourth
Holiday
Knight Ridder/Tribune Business News
There are more tourists filling more Las Vegas-area hotel rooms than
ever before. Yet, the coming
national holiday reflects a pair of challenges facing the city's
hotel-casino operators. First,
there's the calendar, which has July Fourth falling on a Wednesday.
Does the holiday begin this weekend and
end Wednesday or does it begin midweek and end the following
weekend?
More...
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