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August 2000
North America

30th August   Las Vegas   Source: Press releases
   
In the run up to the Labor day holiday weekend in the US, casino suppliers have released news of recent developments. 
  Mikohn announced contracts in Louisiana at Harrah's Lake Charles and the Hollywood Casino Shreveport worth $3 million for the Lighting & Sign division.
  Paul-Son Gaming announced furniture, chip and card orders from established operators including Foxwoods in Connecticut and the expanding operations in California. 
    Shuffle Master Gaming also reporting that the Press Your Luck™ video slot running on a Linux operating system has received GLI approval. The company also hoping to have more new games on display at the WGCE in October.
 

30th August   Las Vegas   Source: The Australian


    The Australian has a revealing article on the exploits of Kerry Packer in Las Vegas during July. Quotes coming from unnamed sources as well as reports from the Las Vegas Review Journal. The Bellagio apparently being graced during the period with a similar amount as the MGM Grand was hit for in 1995. Also quoted is Frank "Lefty" Rosental who's story was portrayed by Robert DeNiro in Casino.
How the Las Vegas casinos took A$34m revenge on Kerry Packer
 

29th August   Las Vegas   Source: Press release


     Casino Journal Publishing Group has announced the panel of judges for the companies annual "Top 20 Most Innovative Gaming Products awards". The five judges will evaluate the products and services with the winners being announced at the WGCE on 18th October. The 20 finalists then being showcased in the January edition of Casino Journal and the overall winner at the American Gaming Summit 11-12th January at the Bellagio.
 

28th August   Laughlin   Source: LV Convention and Visitors Authority


    Whilst the days of cheap hotels in Las Vegas may be over. Laughlin, 90 miles south on the banks of the Colorado river has been listed as one of Americas 10 Best Cheapest cities by Frommers. Gaming revenues in the town, named after founder Don Laughlin were $532 million in 1999 with more than 4.5 million visitors.
 

28th August   Las Vegas   Source: Las Vegas Sun/AP/Reuters


    The Las Vegas Sun has reported on the closure of the Desert Inn after 50 years of operation. The 715 room property that has been bought by Steve and Elaine Wynn closed quietly at 2am on the morning of the 28th. 
    Frank Sinatra made his singing debut there and in the late sixties the 9th floor was the home of reclusive industialist and casino owner Howard Hughes. In January this year Cynthia Jay won the present world record jackpot of $35 million on an IGT Megabucks slot.
    Built in 1950 it was the fifth casino on what was then a dusty highway linking Las Vegas to Los Angeles. The cost - $3.5 million.
DI is shut down with little fanfare
 

28th August   Canada   Source: Calgary Herald


    Casino operators in Alberta are expanding their faclities in the midst of an increase in business that has seen revenues grow to C$865 million in the last year. There is however presently a moratorium on new licenses with Native Indian tribes being expected to also become operators shortly. Calgary has four casinos that operate on a "charitable model" with around 20% of revenues destined for charities.
 

27th August   Chicago   Source: Press release


    The third and last of the Detroit casinos - Greektown, has announced that the first day of business will be the 10th November. The 2,400 slot and 104 table property has been delayed due to licensing difficulties. The opening will be dependent on regulatory approvals from the Michigan Gaming Control Board and will be operated by Sault Ste. Marie Tribe of Chippewa Indians.
 

25th August   Las Vegas   Source: Press release


    Mandalay Resort Group has reported 2nd quarter figures well ahead of 1999. Increasing volumes of visitors to the Las Vegas Strip and a room rate up $9 on the same period being highlighted in the companies release. Mandalay owns a large part of the western side of the Strip - Mandalay Bay, Luxor, Excalibur, Circus Circus and 50% of the Monte Carlo. Revenues from the flagship Mandalay Bay were up to almost $31 million from $18.6 million in 1999's 2nd quarter.
 

23rd August   Las Vegas  Source: Press release


    High tech slot manufacturer Silicon Gaming has announced jointly with MGM Mirage that they will be co-operating on the development of an Internet gaming portal showcasing Las Vegas and the MGM properties. Content will also be provided by Action Gaming who have property rights for a number of video poker games. The site, to be run run by new Silicon Gaming subsidiary WagerWorks, Inc. being expected to go live later this year.
 

22nd August   Las Vegas  Source: Press release


    The Suncoast Hotel and Casino being developed by Coast Hotels & Casinos at Summerlin, Las Vegas will have "coinless" slot play on a majority of machines on the gaming floor. The $185 million property due to open on the 1st September will be the first in the Las Vegas market to try the concept. Privately owned Coast Resorts also operate the LV Barbary Coast, Gold Coast and Orleans Casinos.
Suncoast to open in Las Vegas with cashless slots
 

21st August   Quebec  Source: Montreal Gazette


    Casino de Montreal operated by Loto Quebec is now offering players Craps for the first time. Two tables have been installed and went into operation on the 17th. Craps and dice games had been previously banned in Canada under an 107 year old section of the Criminal code. Casino Windsor and Niagara in Ontario have had the game since the act was amended in March 1999.
 

20th August   Las Vegas  Source: Electronic Telegraph


    The much heralded opening of the $1.3 billion Aladdin turned into a Friday morning soft launch after a myriad of last minute problems. The fireworks were cancelled and invited quests in stretch limos were ferried to Caesars Palace. 1,000 culinary workers also demonstrated outside what will be a non union operation. The Telegraph reports on how the Aladdin project could make or break London Clubs International who now have a 40% stake in the venture. The company could also be planning to float the Aladdin to cut down exposure to debt. The casino has 2,800 slots and 87 tables.
Aladdins Desert Storm
LCI plans to float new casino in the US
 

19th August   Las Vegas  Source: Press release


    The Mississippi Gaming Association released figures from a Department of Economic and Community Development report detailing the effects of the gaming industry on the state. Casinos now employ some 40,000 people and pay taxes to the state and local governments of $310 million annually. The number of hotel rooms in the state also doubling since casino gaming was legalized in 1992.
 

19th August   Las Vegas  Source: Press release


   Shuffle Master announced on the 17th that third quarter results were the best in the companies history. Machines on lease grew to 2,807 up from 2,174 and revenue from sales and service also increased over the same period in 1999. The number of leased table games is now 933. Sales of the Chipper Champ and other products as part of an agreement with TCS also totalled $490,000.
 

17th August   Chicago  Source: Press release


    Williams Industries, parent company of slot manufacturer Williams Gaming has announced that they have entered into an agreement with Hasbro Inc. to develop, manufacture and market gaming machines based on the still popular and now 60 year old board game, SCRABBLE®.
    This is the latest in a series of licensing agreements announced by the company that now includes MONOPOLY® and JUMBLE®. It is also the latest in a continuing trend among manufacturers familiar and well know brands and develop them for play in slot format.
WMS Industries to Manufacture Scrabble Branded Gaming Devices
WMS Gaming to Establish Technology Campus At Chicago Facility;  - 25th August
 

17th August   Detroit  Source: Press release


     The MGM Grand Detroit that opened on 29th July 1999 has announced that they have welcomed their 5th Millionth quest. This translates into a average daily attendance of some 13,000. The casino has 86 tables and operates at the moment in competition with the MotorCity Casino and Casino Windsor just over the border in Canada. The third of the proposed Detroit casinos Greektown has not as yet opened due to licensing problems.
 

16th August   Atlantic City/Louisiana  Source: Dow Jones/AP


    July results from the 12 Atlantic City casinos and the 13 riverboats, plus the New Orleans casino in Louisiana have now been released.
    Gaming win in AC was $429.3 million up 3% over 1999. Tables games contributing $122.2 million. The slot to tables win ratio city-wide being 72% to 28%.
    In Louisiana gaming win for the month was $155.3 million. The riverboats steamed in with $131.8 million and $23.5 million came from the New Orleans casino. Casino win per visitor on the boats being $52.71 compared to $36.70 in New Orleans.
N.J. Casinos' July Gaming Win Rose 3.1% To $429.3 Million
Louisiana casinos win $155.3 million in July
 

16th August   Las Vegas  Source: Press release


    Casino Journal Publishing Group that publishes magazines for the trade and player, and also organizes three North American trade shows has announced record 2nd quarter results. Profits were $440,000 on turnover for the period of $3.3 million. 
    The companies publications include Casino Journal and National Gaming Summary for the industry and Casino Player and Strictly slots aimed at the consumer. The next trade fair for the group being the Northern Gaming Summit in Detroit 12-13th September.
 

15th August   Las Vegas  Source: Press release


    The opening of the 30 table London Club inside the Aladdin on the 17th is receiving a great deal of publicity. Even more so with the potential arrival on the Gaming floor of a $10,000,000 plaque. The denomination is thought to be the largest in value ever made. French chip Manufacturer Bourgogne et Grasset being chosen to produce a range that also includes $5 million, $1 million, $500,000 and $100,000 denominations. The big question at the $1.4 billion resort is will the plaque see any action.?
 

14th August   Las Vegas  Source: The Times


    Bob Stupak who built the Stratosphere Hotel & Casino on the site of Vegas World and is a member of the Gambling Hall of Fame could be planning a return to the city. According to the Times the Titanic will be the theme of the new casino project, complete with funnels that will serve as blocks of hotel rooms. The location proposed being at the northern end of the strip opposite the Sahara.
Titanic to be raised as a Las Vegas casino
 

12th August   Nevada  Source: Reuters


    Gaming win for Nevada rose 11.3% to $9.46 billion in the year ended 30th June. The results from the Nevada Gaming Control Board also show that Las Vegas casinos as a whole won $7.6 billion or 80% of the gaming win statewide. Casinos on the Las Vegas Strip contributed $4.72 billion up over 15% on 1999 and approximately 50% of the total.
    To put this into perspective $4.72 billion for the Las Vegas Strip equates to a gaming win of just under $13 million per day.
 

11th August   Chicago  Source: Press release


    Williams Industries the parent of slot manufacturer Williams Gaming has announced 4th quarter and year end results. Revenues and earnings per share seeing substantial increases over 1999 and prior quarters. 
    The company sold 5,721 slots in the quarter at an average unit price of $8,248. These figures being up 27% and 13% respectively from 1999. The demand in the US for the Monopoly® series, and popularity with players continues with 3,374 machines now in situ. Average revenue for the company produced by leasing arragements being $46 per day per machine.
WMS Industries Fourth Quarter Earnings Per Share Rise 80% to $0.36 On 44% Revenue Gain
 

10th August   Las Vegas  Source: Press release


    Anchor Gaming that supplies and manufactures a diverse range of products from the Wheel of Fortune Slots® to lottery equipment, software and pari-mutuel systems has announced end of year results. Revenues for the quarter being $142 million and $525 million for the full year. The company operates two casinos in Colorado and a racetrack casino in New Mexico with slot routes in Nevada & Montana.
 

10th August   Las Vegas  Source: Press release


    Casino Equipment manufacturer & supplier Paul-Son Gaming announced a loss of $179,000 for the companies 4th quarter ended May 31st. Total sales for the period were $5,067,000 and for the financial year $22,662,000. The company has its main manufacturing facilities in San Luis, Mexico with the headquarters located in Las Vegas.
 

9th August   Las Vegas  Source: Press release


    Spintek Gaming announced that at the upcoming WGCE the company will be demonstrating their new video slot software packages as well as two new table games. The table games being geared to younger players who perhaps find the traditional games intimidating. The Las Vegas company also manufactures the AccuSystem™ that weighs and counts slot drops in real time.
 

9th August   Las Vegas  Source: Press release


    World Gaming Congress and Expo 2000 organizers Gem Communications issued a press release highlighting the scope of the annual Las Vegas show. The dates for this years event being 18th - 20th October. 25,000 visitors are expected to the exhibition itself. Off the floor the educational programme will have 70 seminars on 13 subjects. The release also stated that there may also be plans for a competing trade show in 2001.
 

9th August   Mississippi  Source: Press release


    Both Pinnacle Entertainment and Penn National Gaming released statements on the 8th that the sale of the two Casino Magic branded casinos in Bay St Louis and Biloxi, Mississippi had been completed. The purchase by Penn for $195 million being part of a diversification strategy by the company. Pinnacle itself is also the subject of a takeover bid from Harveys Casino Resorts.
 

7th August   Las Vegas  Source: Press release


    The quest to reduce lost gaming time due to manual dealer shuffling now appears to be becoming an increasingly competitive market. Casinovations have announced that their product the "Continuous Random Ejection Shuffler™" has received product approval from the Nevada Gaming Control Board. The machine being available at a rental cost of $395 per month.
 

4th August   Ontario  Source: Press release


    The Ontario Lottery and Gaming Commission released on the 2nd a report with an amazing amount of detail into charitable gaming and betting in the provinces racetracks & casinos.
    The three casinos of Windsor, Niagara Falls and Rama had a combined total of 21 million visits in fiscal 2000. The three producing gross revenues of $2 billion from a total of 8,078 slots and 356 table games. Number of employees being a staggering 11,516.
 

3rd August   New York & Antigua  Source: Press release


    Organizers of the 4th Annual International Symposium on Internet Gambling Law and Management have announced the line-up of sponsors. They include Cable and Wireless, Starnet Communications and Casino City. The event is to be held at the Royal Antiquan Beach and Tennis Resort November 26-28th and is organized by BioConferences International, Inc a division of Mary Ann Liebert Inc.
 

1st August   Antiqua  Source: Press release


    Starnet have announced their 4th quarter and year end results. The company reported revenues of $5.5 million for the quarter and almost $18 milion for the full year. Legal costs, restricted cash and development of the Beyond2000 software however took a huge divot out of the bottom line. Starnet like many online gaming companies is now based in Antigua having moved from Vancouver after a RCMP raid in August 1999.