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North American Gaming News (Page 5):

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Lakes Entertainment, Inc. Receives Nasdaq Notice Related to Late Filing of Form 10-K
21st Apr 2005 - Newswire

Lakes Entertainment, Inc. (LACO). Lakes Entertainment, Inc. announced today that on April 20, 2005, it received a Nasdaq Staff Determination letter indicating that the Company is not compliant with Nasdaq listing standards because, as previously announced, Lakes did not timely file its Form 10-K for the year ended January 2, 2005.

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Illinois Gaming Board Approves the Escrow of Mandalay's Interest in the Grand Victoria
21st Apr 2005 - Newswire

MGM MIRAGE (MGG) and Mandalay Resort Group (MBG) today jointly announced that the Illinois Gaming Board approved by a 4-0 vote the transfer of Mandalay's 50% ownership interest in the Grand Victoria riverboat casino into an escrow account.

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Fortunes restaurant opens at Saratoga Gaming and Raceway
21st Apr 2005 - Business Journal

Saratoga Gaming and Raceway, the Saratoga Springs casino and harness horse track, has completed a $1 million renovation of the Fortunes restaurant.

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Certegy to Provide Cash Access Services to Pala Casino Resort & Spa
20th Apr 2005 - Newswire

Certegy Inc. (CEY), a leading global payment services provider, announced today a multi-year agreement to provide a comprehensive range of cash access services to Pala Casino Resort & Spa in San Diego, California.

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Nevada Gold Will Not Submit Bid for Indiana Casino License
20th Apr 2005 - Newswire

Nevada Gold & Casinos, Inc. (UWN) today announced that Orange County Development, LLC, which is 75% owned by Nevada Gold, has decided not to submit its bid to build and operate a riverboat casino in Orange County, Indiana, at this time.

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Harrah's Rakes It In
20th Apr 2005 - Las Vegas Sun

Two weeks ago, Harrah's Entertainment (NYSE: HET) boosted gaming stocks when it provided first-quarter guidance that blew away the analyst estimates. This morning, the retail casino giant released the official results, and they are impressive.

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Hooters Casino Hotel Breaks Ground
20th Apr 2005 - Las Vegas Sun

Neil Kiefer, chief executive of Hooters Casino Hotel and Michael Hessling, chief operating officer, talked about plans for the Hooters-brand property following a groundbreaking ceremony for the $130 million renovation of the Hotel San Remo on Tuesday.

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Harrah's 1Q Profit Soars On Acquisition
20th Apr 2005 - Forbes

Harrah's Entertainment Inc., the world's largest gambling company, said Wednesday that first-quarter earnings increased 27.1 percent, due to the acquisition of Horseshoe Gaming and strong sales growth.

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Aztar Reports First-Quarter 2005 Results
20th Apr 2005 - Newswire

Aztar Corporation (AZR) today reported financial results for its 2005 first quarter, which ended on March 31, 2005; the fiscal 2004 quarter had ended on April 1, 2004. Consolidated EBITDA for the 2005 quarter was $45.7 million versus, in the first quarter of 2004, EBITDA of $46.7 million which was after $3.5 million of insurance recovery related to business interruption applicable to the fourth quarter of 2003.

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CYBERVIEW appoints new National Accounts Manager
20th Apr 2005 - Newswire

CYBERVIEW Technology Group is proud to announce that Buddy Bartholow has been named National Accounts Manager for all its Native American gaming activities

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The Quarter at Tropicana Leads Atlantic City's Revitalization
19th Apr 2005 - Newswire

With the opening of The Quarter, the $280 million non-gaming expansion, Tropicana Casino and Resort has taken the lead in the city's revitalization. While the new 200,000- square-foot dining, shopping and entertainment complex literally changes the city's physical landscape, what's inside will have a deeply profound effect on how guests spend their time and money for years to come.

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Ameristar Casinos Announces Schedule for Release of Earnings and Conference Call
19th Apr 2005 - Newswire

Ameristar Casinos, Inc. (ASCA) plans to release its first quarter 2005 earnings report on Wednesday, May 4, 2005 at 4 p.m. Eastern Time. A conference call discussing the company's quarterly earnings is scheduled to follow the news release distribution on Wednesday, May 4, 2005 at 5 p.m. Eastern Time.

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TransAct Announces Latest Casino Printer Win
19th Apr 2005 - Newswire

TransAct Technologies Incorporated (TACT), a leading producer of transaction- based printers for customers worldwide, today announced its latest casino printer win. Austrian Gaming Industries GmbH (AGI) selected TransAct's Ithaca Epic 950(TM) as the preferred thermal ticket printer for AGI's full range of gaming platforms and slot machines.

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MGM Mirage revenue climbs 13%
19th Apr 2005 - Newswire

Brisk traffic on the gambling floor, combined with the highest average room rates in the company's history, helped propel MGM Mirage to double-digit jumps in revenue and adjusted profits for the first quarter.

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Steven Lipscomb, President & CEO of WPT Enterprises, Inc., Withdraws 10b5-1 Trading Plan
19th Apr 2005 - Newswire

WPT Enterprises, Inc. (WPTE) announced today that Steven Lipscomb, the Company's President and CEO, has withdrawn his structured trading plan to sell shares of WPTE's common stock. Mr. Lipscomb previously had a Rule 10b5-1 trading plan in place - adopted in March 2005 -that allowed for the sale of up to 450,000 shares of common stock through March of 2006. Mr. Lipscomb currently holds 1,645,000 shares of common stock.

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Watchit Media Signs 17 Additional Hotels to Narrowcast NAB; Watchit Media, Inc. Will Narrowcast to over 33,000 Rooms in Las Vegas
18th Apr 2005 - Newswire

Cotelligent, Inc. (OTCBB: CGZT - News) announced today their wholly-owned subsidiary, Watchit Media, Inc. began narrowcasting segments of the NAB 2005 Convention to 33,000 rooms in Las Vegas, last Thursday, April 14th as attendees began coming into town.

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Consolidated Sports Media Group Inc. Announces It Has Entered Into a Marketing Agreement With the International Association of Professional Poker Players (IAPPP)
18th Apr 2005 - Newswire

CSMGI (OTC Pink Sheets: CSGU) announced today that it has entered into a marketing agreement with the International Association of Professional Poker Players LLC. The IAPPP will be the sanctioning body for professional poker players.

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The Final Four Say 'Hit Me!' and Double Down for Their Chance at the $250,000 Grand Prize in the Season Finale of WORLD SERIES OF BLACKJACK
18th Apr 2005 - Newswire

Forty players have been narrowed down to a lucky final four in GSN's season finale of WORLD SERIES OF BLACKJACK 2, airing on Friday, April 22 at 10:00PM ET/PT. Finishing from a season of high-stakes action and drama where it was anyone's game until each episode's final card was dealt, Rick Jensen, Stanford Wong, Kami Lis and Ken Einiger face off for their chance to win the $250,000 grand prize in addition to their winnings earned in previous rounds.

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Wyndham Enhances Its Puerto Rican Casinos; Streamlines Experience for Players and Guests; New Technology Improves Overall Customer Experience to Build Stronger Player Loyalty and Business
18th Apr 2005 - Newswire

Continuing to deliver on its brand philosophy of listening and responding to guest needs, Wyndham International, Inc. (WBR), the largest casino operator on the island of Puerto Rico, is investing $16.5 million into a series of gaming upgrades to its world-renowned Puerto Rican casino properties, designed to enhance the entire guest experience.

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Nevada Cancer Institute Adds Gift From MGM MIRAGE
18th Apr 2005 - Newswire

MGM MIRAGE has joined the growing list of supporters of the Nevada Cancer Institute (NVCI) at the Founders Level of $1 million. MGM MIRAGE joins other leading Foundations, businesses and individuals in providing valuable assistance in funding cancer-related research, education, support and treatment initiatives for the residents of Nevada to the official cancer institute for the State of Nevada.

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Global Gaming Business Releases Annual Publication, Tribal Government Gaming
18th Apr 2005 - Newswire

Global Gaming Business magazine today announced the release of the second annual Tribal Government Gaming, a publication devoted to the major issues surrounding Indian gaming in North America. Tribal Government Gaming has quickly become the most respected annual recap of Indian gaming available.

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Sumo: Vegas' Newest Gamble
18th Apr 2005 - MSNBC

Asashoryu, sumo wrestling's reigning champ, is a hotheaded athlete who dominates so completely and disregards traditions so brazenly that he's the fastest-rising star in the Land of the Rising Sun.

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3987 Poker Tables In The Unites States
17th Apr 2005 - Newswire

The latest survey found 3987 poker tables at over 455 locations in United States. Poker Christa lists all the casinos and card clubs in United States.

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2005 World Series of Poker is Just Around the Corner - Have You Qualified Yet?
17th Apr 2005 - Newswire

The 2005 World Series of Poker event is scheduled to begin June 2, 2005 in Las Vegas and an estimated 7,000 players are expected to participate in the $10,000 buy-in, no-limit Texas Hold 'em main event. Anyone, regardless of gender or nationality can play in the WSOP main event as long as they are 21 years of age and can afford the $10,000 entrance fee.

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Problem Gamblers Getting Younger
17th Apr 2005 - WBAY

The Wisconsin Council on Problem Gambling says college students are in the growing high-risk group.

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Dakota Sioux Casino expansion plans still uncertain
17th Apr 2005 - Rapid City Journal

WATERTOWN (AP) — As the Sisseton-Wahpeton Oyate builds a $7.9 million hotel at its Dakota Sioux Casino north of here, it awaits a gambling compact with the state that could mean even more expansion.

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Michigan Gaming Board Approves Transfer of Casino Ownership to Marian Ilitch
13th Apr 2005 - Newswire

The Michigan Gaming Control Board today approved the transfer of ownership of MotorCity Casino to Detroit businesswoman Marian Ilitch.

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Empire Resorts Announces New Video Gaming Machine Revenue Formula Becomes State Law
13th Apr 2005 - Newswire

Empire Resorts Incorporated ("Empire") (NYNY) announced today that the pending legislation providing relief to the video gaming machine "VGM" industry in NY State, including the Company's operation Mighty M Gaming at Monticello Raceway, was passed into law. The legislation changes the vendor fees which are based on net VGM revenues to 32% of the first fifty million and 29% of the next one hundred million of such revenues. The new law also provides for an additional marketing allowance of 8% of the first one hundred million of net VGM revenues.

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AngelCiti's First Quarter Results up 45% Over Previous Quarter
13th Apr 2005 - Newswire

AngelCiti Entertainment's (AGCI) wholly owned subsidiary Worldwide Management announced today that net handle for the first quarter ended March 31, 2005 grew to 12,426,000, up over 45%, as compared to $8,542,000 in the fourth quarter of 2004. Worldwide had a total gross net win of over $295,550 as compared to $293,851 for the fourth quarter ended December 31, 2004.

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Blanco Says No Casino For Jena Band Of Choctaws
13th Apr 2005 - Shreveport Times

Gov. Kathleen Blanco vowed Tuesday she would oppose the Jena Band of Choctaws' proposal for a casino in Grant Parish or anywhere else in Louisiana.

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Casinos Take Increases In March
13th Apr 2005 - Crains Detroit

All three Detroit casinos reported revenue increases in March over the same month last year.

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Morgan To Resign From Gaming Board
12th Apr 2005 - Las Vegas Sun

Las Vegas lawyer John T. Moran Jr. today announced his resignation from the Nevada Gaming Commission so he could seek public office.

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A March Win For A.C. Casinos
12th Apr 2005 - Philadelphia Inquirer

Atlantic City's gambling industry continues to record year-over-year growth, with the 12 casinos generating a total of $396 million in gaming revenue in March, up 1.9 percent from 2004.

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Lakewood man, 60, indicted for gambling operation
12th Apr 2005 - WKYC

A federal probe of a Cleveland-area gambling operation has resulted in an indictment against 60-year-old Lakewood man.

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Viva las Whitey: Feds bust old gang members for gambling scheme
12th Apr 2005 - Boston Herald

The remnants of James ``Whitey'' Bulger's mob have been running a multimillion-dollar off-shore gambling operation, laundering profits through wives, a mistress and even paying for a loanshark's kids to attend a pricey private school, the feds claimed yesterday.

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Designing A 'Themeless' Vegas Casino
12th Apr 2005 - Planetizen

Architect Cesar Pelli will design a 4,000-room "themeless" hotel-casino, part of a $4.7-billion project to be built on the Las Vegas Strip.

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Bill To Limit Gamers On Ads Is Withdrawn
12th Apr 2005 - Las Vegas Sun

CARSON CITY -- A bill that would have eliminated state gaming regulators' power to decide whether casinos' billboards or other advertisements were too racy was withdrawn today.

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Harrah's Posts Gains In Patrons, Revenue In March
12th Apr 2005 - St Louis Business Journal

Harrah's St. Louis Casino and Hotel in Maryland Heights, Mo., posted big gains in revenue and patrons boarded in March, the Missouri Gaming Commission reported Monday.

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Firms Announce $240 Million Bid For Orange County Casino
12th Apr 2005 - Las Vegas Sun

FRENCH LICK, Ind. -- A medical device maker and a real estate developer said Monday they will seek the license to operate a casino in southern Indiana's Orange County as part of a $240 million plan to turn the area into a destination resort.

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Senate Approves Budget With Cigarette Tax Increases
12th Apr 2005 - Las Vegas Sun

INDIANAPOLIS -- The Indiana Senate passed a two-year, $24 billion state budget that Democrats said does not provide enough money for education.

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Slots Of Other States Eyeing PA Gambling
11th Apr 2005 - Philadelphia Daily News

PENNSYLVANIA'S entry into the lucrative gaming industry has prompted surrounding states to ponder the potential for lost profits.

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Tax Increases Create Financial Crunch For Riverboat Gambling
11th Apr 2005 - Northwest Herald

When lawmakers raised the state casino tax in 2003, they raised the stakes for the entire riverboat-gambling industry in Illinois.

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Ethical issues raised over legislator’s work while managing gambling bill
11th Apr 2005 - Quad-City Times

Some political observers have charged that Rep. Scott Raecker, R-Urbandale, who heads the House Ethics Committee, may have gotten himself into an ethics pinch last year by directing a a nonprofit organization that sought a grant from a casino while at the same time floor managing a gambling expansion bill.

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Expand Gambling For Education? Again?
11th Apr 2005 - Quad-City Times

Here’s a good one: Expand gambling to fund education. We hadn’t heard that one in months. But Illinois Gov. Rod Blagojevich is pitching it with a straight face, the same face that grimaced at the prospect of expanded gambling just one campaign ago. It’s the same face that until last month wouldn’t nod approval to fill year-long vacancies on the Illinois gaming board.

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Thirteen Indicted for Racketeering, Reports U.S. Attorney
11th Apr 2005 - Newswire

A Superseding Indictment was unsealed today charging Arthur Gianelli, eleven others and a Costa Rican corporation with racketeering and related offenses.

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Indiana Companies Cook Group and Lauth Group Join Forces to Develop $240 Million French Lick Casino and Resorts Project
11th Apr 2005 - Newswire

Two companies with deep roots in Indiana today announced plans for the formation of a joint venture that will apply for the contract to develop a destination resort, casino and conference center in the historic Indiana towns of French Lick and West Baden. The joint venture will be formed by CFC, Inc., an affiliate of Cook Group Inc. in Bloomington and Lauth Group, Inc., a national real estate development and construction company headquartered in Indianapolis.

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Atlantic City March Casino Revenue Rises 1.9 Percent
11th Apr 2005 - Reuters

Gambling revenue at casinos in Atlantic City, New Jersey, in March rose 1.9 percent from a year earlier, state regulators said on Monday.

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Barrick Breathing 'Viva' Back Into Downtown
11th Apr 2005 - Las Vegas Business Press

To appeal to the increasingly important and profitable Hispanic segment of the market, Barrick Gaming Corporation will launch the first phase of an extensive initiative this month to add attractions designed for Hispanics at its four downtown properties.

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UniCorp Planning Bellagio-Like Project In Orlando
11th Apr 2005 - Orlando Business Journal

Inspired by the Bellagio Hotel & Casino in Las Vegas, a $100 million planned development in southwest Orlando will feature more than 100 upscale town homes as well as restaurants and shops ringing a man-made lake.

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Tribes Still Hoping For Casino
11th Apr 2005 - Rocky Mountain News

CONCHO, Okla. - Time may be on the side of the Cheyenne-Arapaho tribes' effort to build a casino near Denver International Airport, the project's developer said.

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