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Online Gaming News
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.
NYRA Sets 2004 Race Dates
31 Oct 2003
News Brief: Pending approval from the New York State Racing and Wagering Board, the New York Racing Association will conduct 259 days of racing next year.
Tabcorp, Jupiters Merger Clears Final Hurdle
31 Oct 2003
International News Brief: The AUD$1.7 billion merger between gaming groups Jupiters Ltd and Tabcorp Holding Ltd cleared its final hurdle, with regulatory approval obtained from the courts.
Station Casinos Inks Agreement With IGT to Accelerate New Machine Purchases
30 Oct 2003
Station Casinos, Inc. has signed an agreement with International Game Technology to define an accelerated schedule to purchase and take delivery of 5,000 new EZ Play gaming machines to complete their transition to 100% ticket-in ticket-out machines at all Station Casino locations within two years.
Dover Downs Results Down
30 Oct 2003
Dover Downs Gaming & Entertainment reports gross revenues decreased 8.3% to $55,256,000 compared with $60,242,000 for Q3 2002.
World Poker Tour Fuels Growth of Tournament Poker
30 Oct 2003
The phenomenal success of the World Poker Tour on the Travel Channel, has been a boon for casinos and poker parlors across the nation, but among the biggest winners are those organizations hosting tournaments on the WPT and the players on the Tour.
MGM Mirage in Deal for UK Casino
28 Oct 2003
MGM Mirage has entered into a joint venture with a special events company in the United Kingdom to potentially build a casino and entertainment complex in the heart of London.
3-5-7 Poker
28 Oct 2003
John Grochowski: "When a new table game is ready for prime time, the most likely breakout
spots are the jurisdictions with the most table space available. That
usually means Nevada or Mississippi."
Harrah's Donates Corporate Archive to UNLV Gaming Center
27 Oct 2003
Harrah's Entertainment Chairman Phil Satre called on the rest of the casino industry to follow his company's lead as he formally presented the company's extensive corporate archive to the Gaming Studies Research Center at UNLV.
Tips from Gaming Greats: Bill Burton and Texas Hold'em Poker
27 Oct 2003
Today poker is riding a wave of popularity which is in no small part due to Texas Hold 'Em Poker. Get some Texas Hold 'Em tips...
Analysts: Operators to Build on Las Vegas
23 Oct 2003
Wall Street analysts Tuesday predicted Nevada's biggest casino operator will choose to build its next billion-dollar-plus megaresort on the Strip and not in Atlantic City.
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