Gaming floor
Search the WWW or Gaming floor
www  Gaming floor
Archive search

Archive 2008: 22nd - 31st October

<<< Previous| Homepage| 2008 Index | Next >>>

Friday, 31st October
Victorian Government Problem Gambling Campaign

LAS VEGAS - Yahoo/Reuters & AP
Wynn Resorts, Limited Earnings Call
Macau lifts Wynn Resorts Q3 profit 14%
Wynn Resorts 3Q profit rises 14 percent
Steve Wynn Weighs In On Moprtgage Meltdown Fix - Steve Wynn on Fox News.

RENO - Yahoo/PRNewswire, Reuters, AP & Marketwatch
IGT Reports Fourth Quarter and Fiscal Year 2008 Results
International Game Tech profit falls 57%
International Game 4Q profit falls more than half
IGT profit halved as slot play drops

British News
Monument row delays Yarmouth casino plan - Norwich Evening News
Lord Nelson holds up casino bid
Lord Nelson delays casino scheme

Gambling addict stole £18,000 from bank where he worked - Edinburgh
SNP accused of rigging odds with bookies to sway by-election voters

CYPRUS - Cyprus Mail
Casino owners call for more incentives from north
"In 2007, casinos in north Cyprus paid $75 million tax to the government, and directly or indirectly injected $500 million into the economy,"

SINGAPORE - Business Times & Yahoo Singapore/AFP
Las Vegas Sands, Resorts say S'pore casinos on track
Singapore government working with casino developers to avoid delays

QUEBEC - Loto-Québec press release
Casino de Mont-Tremblant management welcomes regional partners -The beginning of long-lasting cooperation

Online & Interactive
Gaming authority loses CEO - Malta

Additional headlines
Goa BJP plans protests against casinos
Gambler sues casino over gaming spree
Police bust illegal gambling den at funeral wake - Singapore
Marcial: Betting on a Buyout at MGM

Thursday, 30th October

SINGAPORE - Reuters, Straits Times & Bloomberg
Singapore's casino opening to be delayed-report
"The Marina Bay Sands integrated resort, awarded to Las Vegas Sands  in 2006, is several months behind schedule, the pro-government daily Straits Times said, citing sources."
Delay for Marina IR opening?
Las Vegas Sands Soars 80% After Talks With Singapore Government

Gaming Investments
Las Vegas Sands shares spike as sector surges - Yahoo/AP
Sands putting all its chips on earlier opening for Bethlehem casino -
Shifting Sands - Forbes, AP & Reuters

MGM Mirage profit falls, debt offer sparks rally - Reuters
Casinos jump as MGM announces funding - Yahoo/AP
Casinos jump

MATTHEWS, N.C. - Yahoo/Business Wire & AP
PokerTek Reports Third Quarter 2008 Financial Results
PokerTek, Inc. Earnings Conference Call (Q3 2008)

CANBERRA - Reuters & SMH
Aussie sues casino over gambling binge
Addict who gambled $1.4b sues casino

GOA, INDIA - Times of India
Piles sunk in Mandovi to secure casino vessel
Four casinos to bid for river space - 11th Oct.

ATLANTIC CITY - Press of Atlantic City
Trump and 'Margaritaville' group agree to lower price for Marina casino
MGM puts brakes on Atlantic City casino project
Casino regulators extend Tropicana sale deadline to Jan. 21

Online & Interactive
Probability plc - Interim Results

British News
House prices fall nearly £30,000 in a year
London's Famous Hippodrome Theater Gets License for Casino & Cardroom

Additional headlines
Casino Life Magazine - October Digital Edition
MGM Mirage rumored to have laid off 4,000 employees - Unconfirmed Blog.
Man shot in bookies attack - Derry, Ireland.

Wednesday, 29th October

Trump, buyer agree to lower price for sale of Trump Marina in Atlantic City

AUSTRALIA - Yahoo/PRNewswire & Reuters
MGM MIRAGE Reports Third Quarter Results
MGM MIRAGE Earnings Conference Call (Q3 2008)
MGM Mirage delays projects as profit falls 67%
Still Going to Vegas? - MGM shares are up on its Q3 earnings report

TV Ad: Gambling
Ad. placed on US TV by the Public Campaign Action Fund

A.C. gives final OK to lift ban on smoking in casinos

AUSTRALIA - Melbourne Age
Crown's balance sheet strong: Packer
Game over for Aristocrat shares

WAUKEGAN - Yahoo/Business Wire & AP
WMS Reports $0.27 Diluted EPS for September 2008 Quarter
WMS Industries reports 41% 1Q profit rise
WMS Industries climbs after 1Q profit surges

NEVADA - Reuters
Nevada bracing for further slump in revenues
"The number of visitors flying into and out of America's most famous gambling destination marked its eleventh consecutive monthly decline in September and sank 13.2% from a year earlier."

Online & Interactive
King Kong Headlines CryptoLogic's Latest Branded Casino Innovations
Yahoo and Microsoft take aim at lottery scams
I. Nelson Rose on the Kentucky Internet Gambling Case

British News
BLP scoops Hippodrome casino bid after Geoffrey Green loses first round
Broker snap: William Hill price target cut on Gambling report fears

Appeal for witnesses after Coventry bookies robbed at gunpoint - Mark Jarvis
Machete robbers in raid on betting shop - Taylormade Betting, Bury.
Drugs found as police raid bookies - William Hill, Manningham.

Additional headlines
Massachusetts man guilty in Foxwoods scam
Economy deals bad hand to Indiana casinos - Indianapolis Star/AP.
Victorians lose $4.8 billion gambling
Ahead of the Bell: Analyst cuts Melco price target
Analyst Lawrence Klatzkin who works for Jefferies & Co. still believes that Melco Crown shares are worth $13 and has a "Buy" rating on the stock. MPEL closed yesterday at just $2.85.
Three people killed in Diwali gambling fight

Tuesday, 28th October

Wynn accepting reservations for Encore in Vegas

LAS VEGAS - Yahoo/PRNewswire & Reuters
Boyd Gaming Reports Third Quarter Results
Boyd Gaming Earnings Conference Call (Q3 2008)
Boyd Gaming quarterly proft falls 73%

LAS VEGAS - Yahoo/PRNewswire
Gaming Partners International Corporation Announces New Corporate Officer for North American Operations

ATLANTIC CITY - The Press of Atlantic City
Smoke to return to casino patrons' eyes in Atlantic City
Tax revenues and the lobbying of operators obviously holds more sway with AC Councillors than the health of casino employees.

Hope for £35m Great Yarmouth casino plans

AUSTRALIA - & The Australian
Casino operator Crown says trading 'solid'
"Combined revenue from table games and gaming machines was up 4% in the period from July 1 to October 21, against the same period in fiscal 2008."
Las Vegas most challenging for Crown: James Packer

British News
Jobs to go at pub gaming company

Additional headlines
Police bust gambling den in hotel raid - Jakarta

Monday, 27th October

WAUKEGAN, ILL. - Yahoo/Business Wire
WMS Reports $0.27 Diluted EPS for September 2008 Quarter

Gaming Investments
Las Vegas Sands, MGM, Wynn May Signal 'Ugly' 2009 for Casinos
Harrah's Changes Its Game - Tough Times for Gambling, Large Debt Force Shifts - WSJ
"These days Harrah's labors under $23.9 billion in debt, much of it strapped on to fund the buyout."
Harrah's investors face mark downs: report - Reuters
"One co-investor, GoldenTree Asset Management, has written down its Harrah's investment by 75%, the Journal said."

AUSTRALIA - SMH, Forbes & The Australian
Big boys' greed pulls us all down
"Packer's net worth is now less than half what it was a year ago. His selfworth might be similar."
Packer Turns Back On PBL Media
James Packer quits Consolidated Media's PBL unit - Crown Limited

IRELAND - Sunday Times
Briefing: High-tech betting - The debate over FOBT's in Ireland.

Casino staff to launch week-long agitation

British News
Casino plans set for go-ahead
Yarmouth Pleasure Beach owner Albert Jones has teamed up with Asper's to open what will possibly become the resorts 4th and largest casino.
Spread betting boom as Britons gamble on turbulent markets
Armed robbery at Coventry bookies - Mark Jarvis.
Three arrested over bookies raid - Preston

Online & Interactive
Net filters may block porn and gambling sites - Australia

Additional headlines
Pokie reforms 'to protect community' - New South Wales, Australia

Saturday & Sunday, 25th & 26th October
Darwin Ortiz On Card Cheating - amazing stuff

Las Vegas Sands
Are the Las Vegas Strip casinos facing bankruptcy ?
Sands mogul seeks $3b - Straits Times/AP
Analyst: Credit crunch forcing Sands to focus on casinos - Morning Call

Nepal: Thousands of casino staff agitate after police intervention
Casino workers protest raid
Casino Staff Protest

Vietnam’s biggest film studio project revealed
Quang Ngai plans huge studio tourism complex

Las Vegas Casino Picks Up Tab for New Fire Station

Casino pit boss wages for longshot RI Senate race

Casino Tycoons Stack Chips For McCain - CBS News

NEVADA & LAS VEGAS - Las Vegas Sun - Liz Benston
Casino stocks plunge to new lows
MGM Mirage stock still on downslide
NORM: Bellagio definitely is not on market
Analyst: CityCenter key to LV's image - In Business Las Vegas
Group wants to clear casino air, but at what cost? - In Business Las Vegas

BERMUDA - Bermuda Sun & Royal Gazette
New study could pave the way for casinos in Bermuda
Consultants hired to look at gambling
Casinos idea being looked at

SINGAPORE - Malaysian Star
Gambling on casinos to lift gloom
"The S$5bil (RM11.9bil) Marina Bay Sands placed advertisements last week to fill 10,000 vacancies."

OHIO - Business Journal & Globe Investor
Ohio casino backers sue Argosy's owner
Argosy parent spent $28 million to oppose casino
Penn National Gaming to File Lawsuit Against MyOhioNow PAC and Sponsors of Issue 6 for Libel and Defamation

British News
McKeown banned after bets inquiry - The Independent
Blockley and McKeown banned for corruption - The Guardian

Additional headlines
Trucker faces prison for extorting casinos - Las Vegas
Turkey: Competition Board okays National Lottery privatisation
New Horseshoe Casino Nears World Series of Poker(R) Circuit Event Entry Record
Poker Robbery Suspect Sentenced to 25 Years in Prison - West Virginia
Buffalo casino case will be appealed - Buffalo Business Journal

Friday, 24th October

LAS VEGAS - Yahoo/AP & PRNewsire
Sands' Adelson to partake in capital program
Las Vegas Sands Developing Capital Raising Program, Sheldon G. Adelson Family to Participate
Casino operators slide on jittery world markets
Wynn Resorts share price is now down to levels seen last in August 2004.;range=5y

Spielbanken klagen über Umsatzverluste

RWANDA - Rwanda New Times
Casino misses opening date - Casino Kigali

SPAIN - Typically Spanish
16 year old runs up 48,000 Euro gambling bill on the Internet
"A 16 year old boy from Granada has generated a debt of €48,000 using his parents credit cards on an internet virtual casino"

Sector Snap: Casino stocks fall on economic fears

LAS VEGAS - Las Vegas Sun
Aliante Station on track for November opening

NEW YORK - New York Times
Casino Complex to Be Built at Aqueduct

ATLANTIC CITY - Press of Atlantic City & Courier Post
Casinos say smoking ban has cut into business
"Overall, revenue at the slot machines and gaming tables fell 10 percent - a drop of $3 million - at the Harrah's Resort, Bally's, Caesars and Showboat casinos owned by Harrah's Entertainment during the first five days of the smoking ban, the company reported."
No drop-off at casinos despite smoking ban
"The transition went smoothly. The casinos were filled, and no one is complaining," said Kim Hesse, a Caesars dealer.

Slot machine repair course in Hollywood pays off

CYPRUS - Cyprus Mail
Police in north confiscate Greek Cypriot’s casino winnings

From Gaming Today
Palms gets approval to start taking NBA bets
New York City set to get first casino
Caesars Palace tops off 23-story tower as expansion continues
Atlantic City dealers fight to keep smoking ban 
Alex Yemenidjian is baaack with Illinois casino move

British News
Hibs star denies casino assault
Gambling postmistress imprisoned - Tiverton, Devon.

Devilfish Gaming plc - Announcement of results
A loss of £424,414 on turnover of just £21,763.

David 'Devilfish' Ulliot at the WSOPE 08

Additional headlines
Maloof-run Palms to take NBA bets despite Kings - AP
Harrah's chief executive Gary Lovemen apparently now has a 2.4% ownership stake in the Boston Celtics.
Vancouver Canucks team up with River Rock Casino
Government cut problem gambling spending – opposition - Victoria, Australia

Thursday, 23rd October
Steve Wynn on the economy. Brief Robin Leach interview

Gaming Investments
Adelson expects Asian banks to be happy to lend - Yahoo/AP
The Market Cap. of Las Vegas Sands is now down to slightly over $4 billion. The company was worth on paper almost $50 billion just 12 months ago.
Stock market rattles Las Vegas Sands - Marina Bay Sands progress.

MGM Mirage shares plunge on ratings cut
"Earlier in the session, shares hit a 52-week low of $11.76. The stock is down 85% so far this year.",MGM&d=s

Dealers need 1 more vote to keep smoking ban
Google News Search: AC Smoking Ban

SYDNEY - The Australian
Tabcorp reports $262m profit

Man who wants to buy Md. tracks opposes slots
"slots machines are a cancer to thoroughbred horse racing" Halsey Minor founder of CNet.

RENO - Yahoo/PRNewswire
IGT is First Gaming Manufacturer to Receive Accreditation for GSA Protocol Certification

China's Macau risks backlash from tough security laws - Yahoo/Reuters.
Visa restrictions see mainland visitor arrivals decrease
Statistics underline Macau Daily Times' position as prominent news source
Alexa Ranking -

Additional headlines
Casino workers 'stole cash' - Graceland Casino in Secunda, South Africa.
Forces combine to shrink casino revenue - Mississippi
Thai Gamblers desert Cambodian casinos - China Post/AFP
Monarch Casino profit drops 50 percent in 3Q
DEQ Releases its 2008 Third Quarter Results
T.G.I. Friday's(R) Announce Expansion of Casino Restaurant Operations

Wednesday, 22nd October

British News
Government shelves Tote sale - Yahoo/Reuters
Tote sale on hold - Press Association
Government postpones sale of Tote - BBC

Gambling addict jailed over guns and drugs
"At Newcastle Crown Court last month Calvert admitted possession of a prohibited handgun, possession of a shotgun without a certificate, carrying a knife and possession of 28g cocaine with intent to supply."
£2.1m damages claim case gambler jailed for two years
£2m gambling addict jailed over gun offences

Gambling commission investigate £1M house raffle
Gambling firms made to pay £19 million to help lower the soaring levels of problem gamblers, say ministers - Daily Mail
Raid on bookies foiled - William Hill, Middleton

Aomen TV report on Bungee jumping atop the Macau Tower

MACAU - Yahoo/PRNewswire & Yahoo/AP
Macao Completes Legal Separation of Four Seasons Apartment Hotel Tower on Las Vegas Sands' Cotai Strip(R)
Las Vegas Sands gets OK on apartment-hotel sales

MATTHEWS, N.C. - Yahoo/PRNewswire
PokerTek Secures Seven Certified Australian Innovation Patents

PORT CANAVERAL - Florida Today
New gambling ship may open this week - Liquid Vegas

Former king of L.A. casino hits a string of bad luck
Detail's of former Bicycle Club owner George G. Hardie's run in with Mexican authorities following a shooting incident at his new casino in Belize,

Caesars Palace tops off sixth tower on Vegas Strip

Caesars Palace over the years - Flickr images - Under construction. 1965/66. - 1969 Postcard. - Date unknown. - July 2008. - The Colosseum from the Effiel Tower.

Sector Snap: Casino operators up on Tracinda news
Kerkorian Rolls the Dice, Loses Big

GUAM - Pacific News Center
Guam Casino Gambling 'Prop A' Proponents Paid Spokespeople $18,700 - Bridge Capital LLC.

Online & Interactive
PartyGaming Plc - Addition of new games from WagerWorks

Additional headlines
Bid to stop 'evil' Italian lotto
Palin: Polls Down, Crowds Up in Vegas
Two more Indian casinos could be built in Southwest Michigan
Macau unveils proposed national security bill
Thunderbird Resorts Inc. Euronext Listing Conference Call
Husband paid Reno gambling debts for wife's accused killer - RGJ
Storms chopped away La. casino winnings in Sept.
60 arrested in gambling raid - Hattiesburg, Mississippi
Vegas claims ex-Fleet exec owes $400G to casinos - Boston Herald.

<<< Previous| Homepage| 2008 Index | Next >>>
An online resource for casino trade and industry news
©1999-2008 Ltd.