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June
21
2001
Park
Place installs coin-free slot machines
Reuters
LOS ANGELES, June 19 (Reuters) - Park Place Entertainment Corp. said
on Tuesday it will install 15,000 coinless slot machines at its
Nevada and Atlantic City casinos, a pioneering move that other major
casinos could follow, and a boon for slot machine maker
International Game Technology .
More...
June
20
2001
New
Jersey sues Internet casinos, claims companies operate illegally
ASSOCIATED PRESS - TRENTON, N.J. -- New
Jersey's attorney general is bringing the state's first prosecution
against online casinos, claiming the offshore companies violate
state laws by taking bets.
More...
June 12
2001
Caesars bringing
Ocean One mall into the empire
ATLANTIC CITY
— Presto!
Just like that, Caesars Atlantic City boasts the city’s first
major casino shopping and dining complex, and it did so without
tunnels or bridges or regulatory approvals or even construction.
More...
June 11
2001
Debate Raging
Over N.J. Gambling Law
ATLANTIC CITY, N.J. (AP) - A debate is
raging over a new state law letting compulsive gamblers ban
themselves from casinos, with officials discussing how to enforce
the law without neglecting privacy concerns.
More...
June 9
2001
Thorny issues plague
plan for AC casinos' self-exclusion list
ASSOCIATED PRESS
ATLANTIC CITY -- A debate is raging over a new state law letting
compulsive gamblers ban themselves from casinos, with officials discussing
how to enforce the law without neglecting privacy concerns.
More...
June 7
2001
Crash of
Bally's casino bus, car kills two
ASSOCIATED PRESS
DEPTFORD, N.J. -- Two men were killed Monday when their car careened
across a grass highway median, overturned and slid into the path of
a bus bound for an Atlantic City casino.
More...
June 6
2001
Observers say Trump
must expand to keep competitive in Atlantic City
ASSOCIATED PRESS
ATLANTIC CITY -- Donald Trump risks his dominance in Atlantic City's
casino market unless he follows suit and joins a boom that has competitors
expanding and one rival building a new casino hotel, said industry
watchers.
More...
June 5
2001
Observers say Trump
must expand to keep competitive in Atlantic City
ASSOCIATED PRESS
ATLANTIC CITY -- Donald Trump risks his dominance in Atlantic City's
casino market unless he follows suit and joins a boom that has competitors
expanding and one rival building a new casino hotel, said industry
watchers.
More...
June 2
2001
Poor casino, rich
casino: Claridge joins Park Place
ATLANTIC CITY - The
little casino that couldn't today will become part of the big casino
company that can.
Claridge Casino Hotel is scheduled to close its $65 million sale to Park
Place Entertainment Corp. by the close of business and on Friday formally
end its 22 months under bankruptcy protection.
More...
June 1 2001
Park Place
takeover of Claridge approved, will link AC casinos
ATLANTIC CITY -- New Jersey casino
regulators cleared the way Wednesday for Park Place
Entertainment Corp. to take over its bankrupt neighbor, the
Claridge Casino Hotel.
More...
Biloxi
International
June
30
2001
Most internet
gambling banned in Australia after bill passed
A new law will ban many
forms of internet gambling and make it unlawful for illegal
providers to enforce internet gambling debts.
More...
June
28
2001
Friends
Feud Over Jackpot
TWO Melbourne car salesmen who won a
$1 million jackpot in a betting spree at Crown casino are locked
in a legal battle over the money.
More...
June
21
2001
Scope
of Internet Gambling Bill questioned
The Federal Opposition, the
Greens, Democrats Senators and Independent Brian Harradine have
questioned the scope of the Government's Internet Gambling Bill.
More...
June
18
2001
WMS installs
first Australia slot machines
SYDNEY, (Reuters) - U.S.-based slot
machine maker WMS Industries Inc, which aims to generate a third of
its revenue overseas in the next five years, said on Friday it had
installed its first gambling machines in Australia.
More...
June
16
2001
Gambling
tycoon faces end to monopoly that made his fortune
ASSOCIATED PRESS
MACAU -- It's sundown on a Friday evening and the crowds around the
baccarat tables at the Lisboa Casino are getting down to the serious
business of gambling.
More...
June
15
2001
Comdex
banning foreign flags from Las Vegas convention floor
LAS VEGAS SUN
International flags will disappear from the floor of this Fall's
Comdex convention in Las Vegas, as the show's organizers try to
defuse a potential clash between rival nations.
More...
June
14
2001
Casino
operators also eye Taiwan for gambling
LAS VEGAS SUN
Officials in the island nation of Taiwan are exploring the
possibility of legalizing gaming on the archipelago of Penghu,
located in the straits between Taiwan and China. So far, officials
from Las Vegas Sands Inc. and MGM MIRAGE have visited Taiwan to
examine the opportunity.
More...
June 8
2001
Professionals
stunned at failure of Nevada problem-gambling bill
Nevada professionals devoted to fighting
problem gambling are stunned and disappointed following the
Legislature's failure to approve a bill that would have provided
public funds for their efforts for the first time.
More...
June 6 2001
New Mexico
casino bringing slots, jobs
ASSOCIATED PRESS
ESPANOLA, N.M. -- Santa Clara Pueblo will join the Indian
gambling industry June 15. Construction
crews have been busy finishing the interior of the 48,000
square-foot casino in Espanola that also will have an adjacent
24-lane bowling alley.
More...
June 5
2001
Canadian
gambling channel may be a sure bet
TORONTO, (Reuters) -
Entrepreneur Jon Slan bets that his Canadian gambling channel,
Jackpot TV, the first of its kind in the country, should reach the
Internet within six months and then he plans to make a pitch to
cable and satellite companies to get on television by the fall of
2002.
More...
June
3
2001
King
Street Gambling Hall Raided By Police
Eight people were arrested
and charged by Honolulu police after a gambling raid Thursday night
on the Dragon Court restaurant on South King Street.
More...
Reno
Las
Vegas
June
30
2001
Venetian
chooses Internet billing software
The Las Vegas Strip's Venetian resort
signed a deal with Delray Beach, Fla.-based SDD to use its Jazz
Guest Internet Billing software to manage and track charges made by
hotel guests when using the resort's high-speed Internet service.
More...
June
29
2001
Former
Caesars exec named Nevada tourism director
LAS VEGAS SUN
Former Caesars Tahoe executive Bruce Bommarito
was named the new executive director of the Nevada Commission on
Tourism by Gov. Kenny Guinn on Wednesday.
More...
June
28
2001
Analysts
adjust views on LV-area casino operators
LAS VEGAS SUN
CIBC World Markets hiked its earnings outlook for Ameristar Casinos
Inc. of Las Vegas, apparently touching off a powerful rally in the
company's shares.
More...
June
27
2001
Financial
turnaround prompts cancellation of slot route deal
LAS VEGAS SUN
Alliance Gaming Corp. of Las Vegas on Monday called off the sale of
its Nevada slot route operations, saying the deal no longer made
financial sense.
More...
June
26
2001
Payback:
Gaming pioneer Redd looks back on a lifetime of giving to those in
need
LAS VEGAS SUN
Tears welled in the aged eyes of Las Vegas gaming legend William
"Si" Redd as UNLV President Carol Harter talked about him
at a recent tribute dinner.
More...
June
23
2001
Loss narrows
for American Wagering
LAS VEGAS SUN
The Las Vegas company that operates the 42-unit Leroy's Horse and Sports
Place sports books reported a smaller loss for the first quarter.
More...
June
23
2001
Lawsuits
threatened over new NY casinos, legislators act
ASSOCIATED PRESS
BUFFALO, N.Y. -- A battle over Gov. George Pataki's surprise
announcement of an agreement with the Seneca Indian Nation to open
casinos in Niagara Falls and Buffalo erupted Thursday with
supporters moving to quickly make it a reality and opponents
threatening lawsuits.
More...
June
23
2001
Preparing
to close, Maxim entangled in web of suits
LAS VEGAS SUN
Though the Maxim will soon close its doors, a web of complicated
lawsuits and accusations surrounding the property's 1999 sale and
bankruptcy continues -- and will likely go on for years.
More...
June
22
2001
Treasure
hunt to be aired on national cable channel
Harrah's Entertainment Inc. of Las Vegas
announced today it signed an agreement with ShopNBC, a national
cable and satellite shopping network partly owned by the NBC
network, to air a promotional treasure hunt.
More...
June
22
2001
Vegas
firm could benefit from Pataki casino pact
LAS VEGAS SUN
Park Place Entertainment Corp.'s hopes of opening a massive casino
in the Catskills of New York may have taken a step forward with Gov.
Pataki's casino deal Wednesday, Park Place officials and industry
observers say.
More...
June
22
2001
Top execs sell
shares
Two top executives with Harrah's Entertainment
Inc. have separately sold more than $2 million in stock, documents filed
with the Securities and Exchange Commission indicate.
More...
June
22
2001
Governor
in pact for two new casinos in New York
NEW YORK TIMES NEWS SERVICE
ALBANY, N.Y. -- The Pataki administration and the Seneca Indian
Nation have struck a deal to build two Las Vegas-style casinos in
Buffalo and Niagara Falls, and possibly a third elsewhere in western
New York, the governor said in a surprise announcement late
Wednesday afternoon.
More...
June
21
2001
Questionable
offer made for Regent resort
LAS VEGAS SUN
In 1999 Fred and Kari Cruz of Las Vegas were promoted as the
financial saviors of Las Vegas Entertainment Network, investors
whose gold reserves and $495 million capital infusion would help
that company take over slot route operator Jackpot Enterprises Inc.
of Las Vegas.
More...
June
21
2001
Park Place
installs coin-free slot machines
Reuters
LOS ANGELES, June 19 (Reuters) - Park Place Entertainment Corp. said
on Tuesday it will install 15,000 coinless slot machines at its
Nevada and Atlantic City casinos, a pioneering move that other major
casinos could follow, and a boon for slot machine maker
International Game Technology .
More...
June
20
2001
Golf
fund-raiser nets $50,000
A Las Vegas golf tournament benefiting the
National Center for Responsible Gaming netted $50,000 last month.
More...
June
20
2001
Owner of
Vegas casino sues Internet sex, gambling sites
MGM MIRAGE's Mirage Resorts Inc., owner of
the Golden Nugget hotel-casino, sued to stop three companies from
using its Golden Nugget trademark to offer Internet pornography and
gambling services.
More...
June
20
2001
CEO
out at Harrah's casino
ASSOCIATED PRESS
- NEW ORLEANS -- The
ownership company of Harrah's New Orleans Casino has decided not to
renew the contract of Chief Executive Fred Burford, who oversaw
efforts to garner the casino a major tax cut and other concessions
from the state.
More...
June
19
2001
Slot
cards spreading at big LV gambling houses
LAS VEGAS SUN
In the race to develop the Las Vegas Strip area's second
multi-casino slot club card, it appears Mandalay Resort Group will
win by a nose.
More...
June
19
2001
Big Las
Vegas website upgrades 'for-fun' gambling offerings
LAS VEGAS SUN
Vegas.com, a big Internet website with Las Vegas information and
promotions, announced Friday it will launch upgraded
"for-fun" Internet casino games on its website.
More...
June
19
2001
Gaming
people: Recent gaming industry appointments and promotions
LAS VEGAS SUN
Vicki LePore is vice president of player development for Station
Casinos' East Las Vegas operations and William Springgate is
director of facilities at Sunset Station.
More...
June
19
2001
Mandalay
mall back on track
LAS VEGAS SUN
Mandalay Resort Group executives announced to shareholders Friday
that the Las Vegas gaming giant is once again moving forward with
plans to develop a retail center between its Mandalay Bay and Luxor
hotel-casinos on the Las Vegas Strip.
More...
June
19
2001
Second
extension granted
The Aladdin resort on the Las Vegas Strip
has received a second extension on a critical capital infusion from
its shareholders. Under the Aladdin's
agreements with its banks, the company's shareholders -- the Sommer
Trust and London Clubs International -- must invest $8.7 million
into the $1.2 billion resort because it failed to meet certain cash
flow requirements in the first quarter. This payment was due May 31,
but was extended by the banks until mid-June.
More...
June
18
2001
Net
Gambling Legal in Nevada - But Don't Bet on It
Nevada Governor Kenny Guinn signed a bill
Thursday that allows large casinos to set up in cyberspace, despite
an unyielding U.S. Justice Department, which insists that
Internet-based gambling is illegal in the U.S.
More...
June
17
2001
LV
company says it didn't protest Tahoe deal
Park Place Entertainment Corp. of Las
Vegas on Thursday said it has not protested Harrah's Entertainment
Inc.'s plans to acquire Harveys Casino Resorts of Lake Tahoe.
More...
June
17
2001
New CEO
named
Brian Gamache was named chief executive of
WMS Industries Inc. Thursday, replacing long-time CEO Louis Nicastro.
More...
June
16
2001
Hilton,
Park Place exec bullish on Las Vegas
Hilton expands non-gambling operations in
market, Bollenbach denies excessive influence over Park Place
More...
June
15
2001
Nevada
No. 1 in tech export growth
Nevada, thanks in part to its dominant
gambling industry, led the nation in the growth of high-technology
exports from 1997-2000.
More...
June
15
2001
Comdex
banning foreign flags from Las Vegas convention floor
LAS VEGAS SUN
International flags will disappear from the floor of this Fall's
Comdex convention in Las Vegas, as the show's organizers try to
defuse a potential clash between rival nations.
More...
June
14
2001
LV
gambling operators likely pondering casinos in Mexico
LAS VEGAS SUN
After an explosion of legalized gambling in the 1990s, there doesn't
appear to be many new markets for the gaming industry in the United
States.
More...
June
14
2001
Suspect
in scam videotaped gambling at the Mirage
ASSOCIATED PRESS
BOSTON -- Prosecutors want to revoke the bail of an attorney charged
with concealing $1.6 million stolen from state treasury coffers
after he was videotaped gambling in a Las Vegas casino last weekend.
More...
June
14
2001
Casino
operator sues over Treasure Island website
The owner of the Las Vegas Strip's
Treasure Island hotel-casino sued to stop a Belize company from
violating the Anti-Cybersquatting Consumer Protection Act when it
allegedly registered and used its trademark to offer online gambling
services.
More...
June 13
2001
FTC delays
Harrah's deal for buyout of Harveys
Harrah's Entertainment Inc.'s $675 million
buyout of Harveys Casino Resorts of Lake Tahoe has been temporarily
delayed, as the Federal Trade Commission takes a closer look at the
deal.
More...
June 13
2001
Aladdin to
announce unique showroom/nightclub concept
The Las Vegas Strip's Aladdin megaresort
is "days away" from finalizing a deal to install a unique
combination showroom and nightclub, Aladdin officials said today.
More...
June 10
2001
Casino Company
Subsidiary Plans to Offer In-Room Gambling
Knight Ridder/Tribune Business News
A newly formed subsidiary of Station Casinos will offer a
computerized, in-room gambling system that it will market to
competing casino companies and could pave the way for the company's
entry into online gambling.
The company has formed a separate firm to market the technology
through its GameCast Live LLC, which will target cruise ships and
tribal casinos.
More...
June
10
2001
Harrah's
Entertainment, Inc. Announces Pricing of $500 Million Senior Note
LAS VEGAS, PRNewswire/ -- Harrah's Entertainment, Inc.
(NYSE: HET)
today announced the pricing of a Rule 144A private placement of $500
million 7.125 percent senior notes due 2007 issued by its wholly
owned subsidiary Harrah's Operating Company, Inc. The $500
million senior notes are guaranteed by Harrah's Entertainment, Inc.
More...
June 10
2001
Nevada's
Internet Gaming Industry Starts on the Road to Lucrative Reality
Nevada's largest casino companies could offer online gambling for
financial prizes within a year to 18 months after recent legislative
passage of a measure paving the way for the potentially lucrative
business, according to a Wall Street financial analyst.
More...
June 9
2001
Banks extend
Aladdin deadline
LAS VEGAS SUN
Bankers for the Aladdin megaresort on the Las Vegas Strip agreed
Thursday to extend the deadline for a "keep-well" payment
from the Aladdin's owners until the middle of June, a source close
to the situation said Thursday.
More...
June 9
2001
Casino operator
signs energy deal with Enron
Harrah's Entertainment Inc. of Las Vegas
said it signed a seven-year energy management and supply contract
with energy giant Enron Corp. of Houston.
More...
June 9
2001
Ticketmaster to
use new technology at company casinos
Los Angeles-based Ticketmaster announced
the signing of a multi-year deal with MGM MIRAGE involving six of
the Las Vegas company's properties.
More...
June 8
2001
Nevadans gamble
on lottery, but lawmakers won't play
PRIMM -- It's a hot, breezy Sunday
afternoon, and Bobby Williams' sport utility vehicle is just one of
dozens of cars and trucks bearing Nevada plates in the parking lot
at the Dry Lakes Lotto Store.
More...
June 8
2001
Gaming
executives lined up for Vegas event
More than 350 exhibitors will display
products and services at the annual Las Vegas International Hotel
& Restaurant Show June 21-22 at the Las Vegas Convention Center.
More...
June 6
2001
Creditors hope
for higher price for Regent
The creditors of the Regent Las Vegas
stand to take a considerable financial blow if Peccole Nevada
Corp.'s $150 million bid for the bankrupt Las Vegas hotel-casino
isn't improved.
More...
June 6
2001
LV resort sues
over slot patent
Venetian Casino Resort LLC, which was
accused by Innovative Slot Systems Inc. of infringing its alleged
patent for a slot machine table, filed a lawsuit seeking an order
declaring the patent isn't enforceable and to stop Innovative from
making such claims.
More...
June 4
2001
Workers
investigated in embezzlement at Mandalay casino
ASSOCIATED PRESS
DETROIT -- The Michigan Gaming Control Board is questioning possible
embezzlement at the MotorCity Casino, which is operated by Mandalay
Resort Group of Las Vegas.
More...
June 4
2001
A Risky B-to-B
Bet in Vegas
Las Vegas was a fitting place to start a company like PurchasePro.
After moving there several years ago, Charles "Junior"
Johnson rolled the dice on his dream - a company that would help
businesses do their purchasing online - and hit the jackpot. The
salesman with the Southern drawl was the toast of the strip, with
gambling mogul Steve Wynn's blessing, casinos signing on as
customers and the president of the University of Nevada on the
board.
More...
June 3
2001
Nevada casinos
eye their piece of the Net pie
Nevada legislators are considering a
long-shot measure that could lead to legalizing online gambling in
the state. The big casinos are licking their chops at the prospect,
while offshore wagering sites cross their fingers.
More...
June
3
2001
Las Vegas
readies itself to cash in on convention industry boom
The expansion of the Las Vegas convention
and trade show business could be more significant than a new wave of
megaresorts to stimulate visitor demand, new research indicates.
More...
June
3
2001
Harrah's blocked
from withdrawing cash from National
A federal bankruptcy judge Friday approved
a temporary restraining order blocking Harrah's Entertainment Inc.
from establishing a cash reserve fund from National Airlines' ticket
receipts, a move that could have permanently grounded the Las Vegas
airline.
More...
June 2 2001
MGM MIRAGE adds
energy surcharge at some LV-area hotels
Following in the steps of its Strip
neighbors, MGM MIRAGE announced Thursday it would implement
energy-related surcharges on hotel rooms at some of its Las Vegas
properties.
More...
June 2 2001
Las
Vegas Gold
Spike
hotel fire injures 17
The Associated Press
LAS VEGAS (AP) -- Thick, black smoke from a room fire filled the
hallways of a downtown casino-hotel Thursday, panicking guests into
jumping out windows. Seventeen people suffered minor injuries.
More...
June 1 2001
LV gambling
company sues website operator
Alliance Gaming Corp. of Las Vegas sued a
Costa Rica man to stop him from using the domain name "alliancegaming.com"
to allegedly divert Alliance's website users to at least three
gaming websites allegedly administered by him.
More...
June 1 2001
Las Vegas
beefing up marketing efforts overseas
British travel agents aren't too thrilled
with learning about Las Vegas in a seminar setting. But
put them on a plane and let them stay in a Las Vegas resort -- that
speaks volumes.
More...
June 1 2001
Critics:
Casinos' cash-back programs of little benefit
Giving cash back to a casino's gamblers
has become one of the most popular enticements used to draw players
into Las Vegas casinos
More...
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