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Archive 2007
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Archive 2007: 8th - 14th August

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Tuesday, 14th August

Las Vegas                   Yahoo/Business Wire/Reuters & AP
Progressive Gaming Announces $31 Million Strategic Financing
Progressive Gaming to privately place 6.9 mln shares
Progressive Arranges $31M Financing

Gaming Investments 
Eased Macau Rules Lift Casino Stocks -
Gaming Partners Falls As Analyst Downgrades Stock on Asian Competition Concerns - Yahoo/AP

Las Vegas & Atlantic City                   Gaming Wire-LVR-J
Casino security: With arrest, a career dangles
Interesting story on the Steve Forte case. It appears that he's been found guilty on gambling related charges on two previous occasions, one in New Jersey and the other in Nevada. - Steve Forte and the Four Kings on YouTube.

Macau & Hong Kong                   International Herald Tribune/AP
Macau leader denies stake in tycoon's casino empire
Macau leader denies casino claim - BBC
Macau's casino chief has shares - Sydney Morning Herald

California                   The Press-Enterprise
Suspect in casino heist says he was 'pawn'

Las Vegas                   Yahoo/AP - Ryan Nakashima
Shareholders Approve $5.4 Billion Takeover of Station Casinos

Detroit                   Yahoo/AP
Will Casinos Help Put Detroit on Tourist Map?

U.S.                   USA Today
Cities gamble on casinos for tax revenue

North Carolina                   Yahoo/AP
PokerTek Posts Steeper Loss in 2Q on Higher Expenses

U.S. Quarterly results
PokerTek Announces Results for Second Quarter

Gaming Partners International Reports Financial Results for Second Quarter

Gateway Casinos Income Fund Reports Second Quarter Fiscal 2007 Results

additional news...
Magna Falls As It Shelves Some Racetrack Plans - No more horse racing in Austria.
Crime up around casinos - Pennsylvania
Methodists welcome crackdown on gambling ads - Inspire Magazine
Gambling advertisements are bad news for good causes
Call for higher age limits for gambling - Finland

Monday, 13th August

Austria & South Africa                   Bloomberg, Reuters &
Gold Reef May Receive 9.83 Billion-Rand Takeover Bid
Gold Reef says in exclusive $1.4 bln buyout talks
Riesen-Deal für Casinos Austria?
Casinos Austria: Jackpot in Südafrika - Die Presse

Las Vegas                   Las Vegas Sun
Jeff Haney on an unfortunate trend in sports betting on the Strip

London                   The Guardian
Virtual racing claims 17% of betting on horses

London & Manchester                   Yahoo/Reuters
Report says BetFred considers IPO

Las Vegas & Atlantic City                   United Press International
Casinos reluctant to gamble on consultants - The Steve Forte episode.

Merv Griffin death
NORM: LV had place in Griffin's heart - LVR-J
Merv Griffin, singer, game show creator, businessman, dies at 82 - AP
Merv Griffin leaves an entertainment empire - USA Today

New Zealand                   New Zealand Herald
Organised crime has a finger in poker machine industry as well as casinos

Las Vegas                   Las Vegas Sun - Jeff simpson & Liz Benston
Jeff Simpson notes that earlier predictions didn't factor in tougher lending standards
LOOKING IN ON: GAMING - Foreigners hungry for high-priced Strip condos

additional news...
Justice for ripped-off Australians - Lottery and Foreign cash scams.
Gambling changes warning for pubs - UK.
Gambling laws to hit humble fruit machine - UK.
Our gambling problem - Trinidad & Tobago. Columnist opinion.
Finnish social ministry would raise gambling age limit
Resorts set for Mexico - Ad Valora

Sunday, 12th August

Macau                   Australian Sunday Telegraph
Packer's giant gamble in Macau
"There is hardly anyone playing. There are roughly 140 tables spread over five floors in the non-VIP area and maybe 150 customers all up. The punters are easily outnumbered by dealers, waiters and other staff. The top floor is almost deserted."

Wichita, Kansas City          Egle
After slots loss, Ruffin moves to next deal

London                   The Independent
William Hill Casino relocates ahead of advertising ban

London & Israel         
Playtech pursuing European takeover

West Virginia                   Charleston Daily Mail
Table games passes by razor thin margin

Euomillions Lottery                   The Scotsman
£35.4m lotto win still to be claimed

additional news...
Elvis Inc., Enjoying A Sweet Hereafter

Saturday, 11th August

Las Vegas                   LV Business Press
MGM Mirage, Wynn report robust second quarters
UK food giant is ready for Las Vegas invasion

U.S. Casinos - State Revenue Reports
Nevada Casinos Win Record $12.7 Billion in Fiscal 2007 - Las Vegas Sun/AP
St. Louis casinos report weak July revenue - St. Louis Business Journal
July Revenue Declines For Atlantic City Casinos -
"Slot machine winnings were down in all but three of the resortís 11 casinos, but table game revenues were up in 10."

Saskatoon, Saskatchewan         
Saskatchewan's largest First Nation-owned casino now open

London                   Guardian & Daily Mail
Minister gives gambling websites free rein to advertise in Britain
'Sham' of Internet gambling crackdown

Leeds                   Yorkshire Evening Post
Benefits boss in £120,000 con - Slot machine addiction.

additional news...
Lawyer says accused Caesars casino shooter wrongly portrayed
Casino Robber Caught with 'Cheesy' Wig

Friday, 10th August

Atlantic City                  Philadelphia Inquirer
Tropicana casino president dismissed - Fred Buro had slashed more than 1,000 jobs

Connecticut                  Hartford Courant
Mohegan Sun Caters To Asian-Americans Customers

Taiwan                  Yahoo Singapore/Asia Pulse
No Casino Opening Until Consensus Reached: Taiwan Gov't

Dublin, Ireland        

Macau                   China View/Xinhua
Macao's casino taxes see year-on-year rise in 1st half - Up 49%.

Britain: Gambling advertising codes
Gambling ads on TV 'will fuel addiction', warn top doctors - Daily Mail
Internet gambling adverts 'recipe for disaster' - Daily Telegraph
Gambling with the future - Telegraph editorial - The Royal College of Phychiatrists

Overseas gambling websites to be banned - The Scotsman
New law bans ads on 1,000 gambling websites -
Government pushes gambling industry into forming new body - Marketing Week

London                   Daily Telegraph & The Times
High-rollers plug gaps for Ladbrokes
Ladbrokes to return £250m to shareholders after record operating profit

Nottingham                   ThisisNotingham/Evening Post
Man guilty of bookies raid

Casinos set to compete with restaurants

Lima, Peru                   Yahoo Canada/Market Wire
Chilco River Holdings, Inc. Announces Peru Gaming Show Plans

Colorado Springs, Colorado                   Yahoo/PRNewswire
Century Casinos Reports Second Quarter 2007 Earnings

additional news...
Stuart woman says she was swindled by man she met at casino
Masked gunman robs Butte casino - Montana
Daly comes up aces at PGA after rigorous preparation at casino

Thursday, 9th August

New York                   Yahoo/AP
Dow Sinks 387 on Renewed Credit Concerns - The Dow fell 387 points (2.83%) to 13,270.

Las Vegas                   Yahoo/PRNewswire
Card Player Media and World Poker Tour(R) Ink Exclusive Agreement for WPT Tournament Coverage

London                   Yahoo/Reuters
Ladbrokes pretax profit slips

London                   DCMS - Press release
One thousand gambling websites face advertising ban
"Sites such as William Hill Casino, Betfred Casino and Poker, and are all currently based in non-white listed jurisdictions."
Advertising Ban For Gambling Firms - BBC
Gambling websites face advert ban - Sky News
"Gambling sites operating from the EU, Iceland, Liechtenstein, Norway, Gibraltar, the Isle of Man, Alderney and other white-listed countries will still be allowed to advertise in the UK."

Huddersfield                   icHuddersfield &
Go-ahead for casino plan
Casino Red Wins Licensing Approval

Taipei, Taiwan                   Forbes/XFN-ASIA &
Taiwan's CEPD says no decision made yet to allow casinos
Taiwan plans to issue three casino permits

California                   Press Enterprise & San Doiego Union-Trinune
Casino money recovered
Alleged casino heist mastermind pleads not guilty

Sofia, Bulgaria                   Sofia Echo
Turkish businessman with largest casinos in Bulgaria reportedly laundered money

Freeport, Texas                   The Facts
Casino ship loses bid for new zone

Exuma Island, The Bahamas                   The Nassau Guardian
Bad Hand for Exuma Casino Operator

London                   Yahoo/Reuters &
Ladbrokes says to start share buy-back plan
Ladbrokes PLC - Unaudited interim results for the six months ended 30 June.
Ladbrokes plc - 2007 Interim Results

U.S. Quarterly results...
PGIC Revenues Rise 59% over Q2 2006
Progressive Gaming International Earnings Conference Call
Trump Entertainment Resorts Reports Second Quarter 2007 Results - 7th Aug.
Trump casinos lose for second year in row

Atlantic City                   UAW Union
Casino workers rally Aug. 9 to support UAW bargainers at Caesars

Gaming Technology         
Harrah's RFID rollout
Implementing CRM software in Harrah's casinos
Harrah's tries its hand at mobile gaming

additional news...
Waiting game: Opening of 2 casinos delayed, Mt. Airy on target
Pennsylvania: Report on casino construction brings good news - and a rebuke

Bookmaker cursed by Harry Potter ending
Malaysia jails bookie for illegal soccer bets
Roulabette(TM) Cafes Enlist News Agencies for Live Casino Table Game Results

Wednesday, 8th August

Bethlehem, Pennsylvania                   The Morning Call
Deep Steel ruins may delay casino
Bethlehem Steelworks

Kathmandu, Nepal                   Nepal News
Police arrest six miscreants from Royal Casino

Boston, Massachusetts                   Boston Globe
Governor won't release completed studies on casinos

California          & Press-Enterprise
Police say $500,000 still missing in casino theft
Filipino in California casino heist nabbed
3 charged in Inland casino heist

London                   The Guardian & The Times
Casinos face 9pm TV advert watershed
Gambling adverts to be allowed on TV but not childrenís shirts

Lotto rollover for licence holder

London                   The Guardian
Racing's betting experts called in to help tennis probe
Government promises jail for sport's betting cheats - 4th August.

Iowa                   USA Today
Iowa phases out riverboat gambling cruises

South Florida                   Miami Herald
More casinos in Florida seem a sure bet

U.S. Quarterly results...
Churchill Downs Incorporated Reports 2007 Second-Quarter Results Reports Results for the Three and Six Month Periods
WPT Enterprises, Inc. Reports Second Quarter 2007 Financial Results
WMS Reports Record Fiscal 2007 Fourth Quarter and Full Year Results
WMS Industries Inc. Earnings Conference Call (Q4 2007)
Pinnacle Entertainment Reports Second Quarter 2007 Results

additional news...
Viet gamblers nabbed at northern casino
Former Cuban mob chieftain led gambling racket
Internet gambling regulation coming - South Africa
Harry Potter Book Ending Creates Headache for U.K. Bookmaker

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