27th
April London Source:
Reuters
Diversified
British casino operator Rank
Group has revealed that first quarter trading is ahead of 1999 and
in line with analyst expectations. The company that currently has 32 casinos
is set to buy the Park Tower Casino in London from London Clubs for £14
million and also reported that gaming had seen "particularly good results".
Rank
operating profit ahead of last year
17th
April London Source:
Reuters/Yahoo UK & Ireland Finane
London
Clubs
has announced that it is selling its Park Tower Casino in Knightsbridge
to rival casino operator Rank
Group. Rank presently have 30 British properties under the Grosvenor
Casinos brand.
The terms of the deal are for a cash payment of £14 million plus
a further payment of £1.7 million should the property meet performance
targets. The Park Tower casino made a profit of £1.5 million in the
year to March 31st. The sale sees London Clubs casino holding in the capital
reduced to 6 of the 23 total.
London
Clubs selling casino to Rank
Rank
takes a gamble on Park Tower
13th
April London Source:
Reuters/AP
Playboy
bunnies, a species extinct in London for almost 20 years could be making
a welcome return to the capital in 2001. Ladbroke Casinos a division of
the Hilton Group
has announced that it is looking for upmarket premises in Mayfair for the
new casino that will be an 80/20 split with Playboy. Hilton now has 27
casinos in Britain after purchasing Stakis in 1999.
Playboy and Ladbrokes in the late 70's and early 80's both had various
problems with the British Gaming Board that at the time resulted in their
licenses being revoked. The old Playboy club was located at 45 Park Lane.
The news failed to stimulate the Hilton share price and it ended down 6
pence at 256p.
6th
April The Netherlands/Russia Source:
Press release
IGT
Europe have announced the sale of 223 machines to Russia. 102 will be headed
to St.Petersburg and 121 to Moscow. Boris Spector, President of "Profit"
who have made the order detailed that the company expects to have some
102 sites in Moscow and over 100 in St Petersburg by the end of May.
IGT
to Install 223 Gaming Machines in Moscow and St. Petersburg
4th
April Portugal/The Netherlands Source:
Press release
IGT
Europe have announced that they will be supplying 171 machines to Casinos
de Algarve in Portugal owned by Solverde S.A. The company operates 4 of
the 8 casinos in the country. Also in Portugal, IGT has been contracted
to supply its IGS casino management system. The system enables casinos
to manage slots, cash desk and tables games within one module and also
allows for cashless gaming.
Casinos
do Algarve Adds IGT Gaming Products to Its Casino Floors
Portuguese
Government selects IGS on-line system to be installed at Portuguese casinos
in 2000
31st
March Luebbecke, Germany Source:
Press release
Holland
Casino's "Mega Fireworks" progressive jackpot has been won at Casino
Nijmegen. The jackpot of just over Dfl 3.5 million is the largest won so
far on the system. Mega Fireworks was installed in all 10 casinos belonging
to the group by Atronic in December 1999. The machine is a single line
video slot and the jackpot may be won with a maximum bet of Dfl 10.
MEGA
FIREWORKS Jackpot hits at Holland Casino
29th
March London Source:
CEW Press release
UK based Casino
Equipment Warehouse has announced a substantial amount of activity
during the first quarter of 2000. Included are supplies for the Las Vegas
One a 180 meter ship that will charter between Haifa, Israel and Cyprus.
The contract, worth in the region of $350,000 was fulfilled with equipment
despatched within 15 days of the original order.
Orders for the companies patented Special FX layouts have now also passed
1,000 units. In Moscow the company has also signed exclusivity deals on
layouts with the Crystal Palace and Krystal casinos.
Warehouse
works miracles on Israeli cruiser
16th
March London Source:
ICE Press release
Attendance figures for the January International Casino Exhibition at Earls
Court in London have been released and show the total number of visitors
at 4,036, made up of 3,131 buyers and 905 exhibitors. Visitors from the
ATEI show downstairs numbered 3,986 making a total of 8,022.
The show had a total of 99 exhibitors from 73 countries. Visitors to the
show came from 85 different countries with the US topping the list
at 237. Other countries well represented at what was the shows 10th were
the Netherlands, Sweden and Germany with 233, 178 and 175 respectively.
International
Casino Exhibition kicks off 2000 in buoyant mood
13th
March London Source:
Reuters
Littlewoods
the privately owned, Liverpool based company perhaps best known for the
weekly football coupon has announced plans to take its bookmaking business
online with a view to a possible future floatation. The new website being
set up at www.bet247.co.uk
will take bets on Soccer, Horseracing and other sports.The company launched
Bet Direct a couple of years ago and specializes in soccer betting, odds
being displayed on ITV & Sky Teletext services. Betting on the
traditional football coupon has declined in the UK since the start of the
National Lottery.
11th
March Netherlands
At
the European Gaming Organisation AGM in Hoofddorp in February several new
board members were elected including the positions of Chairman and Vice
Chairman. Taking up the respective positions after a balloting of members
were Kit Hall Johnston, General Manager of Gaming Labs Europe and Gerhard
Burda, Managing Director of Atronic, Germany.
Invited speakers at the meeting included Bob Barrowman for Sun International
South Africa and Ralf Mittermayr from Grips, Austria. Both gave a presentation
on the merits and technology involved in switching to coinless slot operations.
Mike Bennett Managing Director of Koala Leisure in Malta gave some background
to the Tumas Group and to the island that will be playing host in May to
EGO's 1st European Gaming Forum. Further information on EGO and the conference
can be found at www.ego.nl
and from joint organizers Casino World at www.casinoworld.co.uk
7th
March Netherlands Source:
Press release
IGT-Europe based in Hoofddorp, Holland have announced that the two new
casinos in Germany at Kötzting and Feuchtwangen operated by Bayerische
Spielbanken will be installing S-Plus slot, Vision
Series, Game King and iGame-Plus machines. Casino Kötzting opened
on February 25th where some of the machines have already been installed.
Casino Feuchtwangen will open on March 31st.
Casino
Ray in Finland have also placed an order for slant top iGame-Plus machines.
On the IGT employee front, promotions also being announced for George Paterakis
to Manager of Casino Information Systems and for Michael Kennedy to Supervisor
Casino Information Systems Hardware.
Promotions
at IGT-Europe
Bayerische
Spielbanken chosses IGT machines
Casino
Ray will feature first iGame-Plus machines in Finland.
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