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Online Gaming News
Scientific Games Files Offering
14 Nov 2003
News Brief: Scientific Games has filed with the Securities and Exchange Commission to periodically sell up to $500 million in debt securities and Class A common stock.
Harrah's Names New Vice President
13 Nov 2003
Jonathan S. Halkyard has been named Vice President and Treasurer of Harrah's Entertainment, Inc.
Harrah's Wins Top Ranking in Consumer Survey
13 Nov 2003
Harrah's Entertainment ranked No. 1 in casino customer satisfaction in the Market Matrix, LLC, third-quarter survey of 35,000 American consumers.
Harrah's Entertainment Reports Management Promotions
13 Nov 2003
Harrah's Entertainment is promoting three members of its senior management team to facilitate the planned integration of Horseshoe Gaming Holding Corp. into the Harrah's hotel-casino portfolio.
Harrah's Entertainment to Launch Online Gaming Venture
12 Nov 2003
Harrah's Entertainment plans to launch an online gaming venture called `Lucky Me’ in the United Kingdom in the first quarter of 2004.
Scientific Games Signs Agreement for Italian Instant Lottery
12 Nov 2003
Scientific Games report that a consortium consisting of Scientific Games, Lottomatica S.p.A, and Arianna 2001 has signed a contract with the Italian Monopoli di Stato to be the exclusive operator of the Italian Gratta e Vinci instant lottery.
MGM Mirage Gets Approval for Stake in British Casino
10 Nov 2003
The King of the Strip is another step closer to opening its first United Kingdom casino, as Las Vegas-based MGM Mirage announced Friday that British regulators approved its deal to buy a quarter-share of a British casino company.
Televised Tournaments, Online Games Fuel Hot Growth for Las Vegas Poker
10 Nov 2003
Televised poker tournaments and Internet poker sites together have fueled explosive growth in the number of players, and Las Vegas poker bosses see the results in their card rooms.
FTC Places Merger on Hold; More Data Sought From Harrah's, Horseshoe Gaming
10 Nov 2003
Harrah's Entertainment and Horseshoe Gaming Holding Corp. announced Friday their proposed, $1.4 billion merger is on hold indefinitely because of federal concerns about anticompetitive effects of the buyout.
Loose Poker Players Shouldn't Play Caribbean Stud
10 Nov 2003
Fred Renzey: I often get e-mails from readers on blackjack and poker strategy, but the other day I received an unusual inquiry concerning the game of Caribbean Stud.
Beating the Sneaky Bonus
9 Nov 2003
John May: Some sneaky internet casinos lure you in with the promise of a $100 bonus.
MGM Mirage Expansion into Britain Proceeding
7 Nov 2003
MGM Mirage executives today said the Las Vegas company expects to own or operate several large casinos in the United Kingdom should that government proceed with anticipated gambling industry deregulation and create favorable investment conditions.
Harrah's, Horseshoe Gaming Merger Studied
7 Nov 2003
The Federal Trade Commission is investigating competition issues concerning Harrah's pending $1.46 billion acquisition of Horseshoe Gaming.
TAB Weighs Tabcorp Takeover
7 Nov 2003
International News Brief: Advisers to TAB will work through the weekend to provide information to the NSW gambling company as to how to proceed with Tabcorp's merger proposal.
Scientific Games Acquires IGT Subsidiary
7 Nov 2003
Scientific Games Corporation has completed its acquisition of IGT OnLine Entertainment Systems, Inc., a subsidiary of International Game Technology for $143 million.
Control Board Criticizes Hard Rock Print Ads
6 Nov 2003
The Nevada Gaming Control Board has recommended approval of a gaming license for an officer of the Hard Rock hotel-casino, but took the opportunity to criticize the property's risque advertising.
Harrah's Files Complaint Against Nevada Power
6 Nov 2003
A subsidiary of Harrah's Entertainment Inc. claims delays on the part of Nevada Power Co. are holding up plans to build a power plant at The Rio hotel-casino and have cost the company more than $1.5 million.
Australian Market Punters Bet on TAB
6 Nov 2003
International News Brief: Market punters piled out of Queensland's UNiTAB and into TAB Ltd yesterday as bets were placed on the likely outcome of Tabcorp's ambitious AUD$2.3 billion tilt for the NSW gaming group.
Casino Developer Steve Wynn Sells Painting for Record Amount
5 Nov 2003
News Brief: Casino developer Steve Wynn sold one of the 'season's sexiest' paintings for a record amount at a Christie's auction Tuesday night.
Australian Groups to Merge
5 Nov 2003
International News Brief: Victorian-based Tabcorp has announced plans to merge with New South Wales gaming group, TAB.
Harrah's Entertainment Declares Quarterly Cash Dividend
5 Nov 2003
LAS VEGAS – (Press Release) -- The board of directors of Harrah's Entertainment, Inc. (NYSE: HET) today declared a regular quarterly cash dividend of 30 cents per share, payable November 26, 2003, to shareholders of record as of the close of business on November 12, 2003.
Drinks at Slots is Gamble for Some
4 Nov 2003
News Brief: The latest approach in Pennsylvania would let casinos give patrons one free drink per visit.
Harrah's, Mandalay Execs Unload Shares
4 Nov 2003
Gaming officials at Harrah's Entertainment Inc. and Mandalay Resort Group unloaded shares worth millions of dollars last month, securities filings show. Still, executives at both companies hold millions of options.
Analyst Downgrades Wynn Resorts Stock
3 Nov 2003
Banc of America Securities analysts J. Cogan and David Vas issued a report Thursday lowering the rating of Wynn stock from `buy’ to `neutral’ and placed a target price on the issue of $23.
Wynn, Board Expected to Hold Meeting in Macau Next Week
3 Nov 2003
Steve Wynn and his board of directors are slated to begin a trip to Hong Kong and China today that should culminate Wednesday at a Wynn Resorts board meeting in Macau.
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