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Archive 2009: 22nd - 28th February

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Saturday & Sunday, 28th February & 1st March

Philippines - Business Mirror, Philippine Star & GMA News
Subic hotel-casino proponent now looking for alternate site
Subic hotel-casino to create 5,000 jobs - December 2008
P5.8-B hotel-casino resort breaks ground in Subic - November 2008
QTV: Anomaly in Subic hotel-casino project bared

Taiwan - Taiwan News
Casinos off-limits to Chinese tourists in Taiwan: official

Goa, India - oHeraldo, Times of India & The Indian
Casino Royale in trouble Revoke licence: Parrikar
Govt has allowed foreign vessel to operate casino
Kamat denies casino scam, Parrikar circulates ‘tell-tale’ letter - Highstreet Cruises and Entertainment Pvt. Ltd.

Le Croupier - Official Trailer - Long Version
MCCG Asian Gambling Awareness Cantonese, Mandarin and Vietnamese

Las Vegas & Australia - Brisbane Times/SMH
Packer strives to save US casinos deal

Gaming Investments - LVR-J & MarketWatch
INSIDE GAMING: Casinos may have to profit or perish - Howard Stutz
Gaming stocks plunge to 2003 lows in February
Moody's downgrades MGM Mirage's rating to 'B3'
Standard & Poor's cuts MGM Mirage credit ratings - $3.43 in after hours trading. Lowest since 1992.

Matthews, N.C. - Reuters & The Edge
PokerPro, World-Leading Automated Poker Table, Receives Approval For New Features

British News
William Hill's Gibraltar move seen as a warning to Treasury
Bookmakers William Hill needs £350m bail out as credit crunch hits
Chandler BBC plans supported by bookies
Bookmaker Freddie Williams £8m estate revealed as court battle looms

Trio interested in running casino - Hull Daily Mail

Large quantity of cash stolen from bookies - Coral's, Northampton.
Bookies in lunchtime drugs raid - William Hill, Harlesdon.
Worker stole to feed online gambling addiction - Norwich Postman - £75k.

additional headlines
Webcam offers view of casino construction - Dodge City, Kansas
Boot Hill Casino and Resort
Singapore Jan tourist arrivals fall 13%
HOTELIER'S GLOOM OVER MIAMI - Fontainebleau Resort - Miami & Las Vegas

Friday, 27th February
When the House Folds: Why You Shouldn’t Bet on Casino Stocks
Jim Cramer's Mad Money

Las Vegas - Las Vegas Sun & LVR-J
Las Vegas Sands’ stock jumps
"Sands stock traded this morning at $2.87, up 71 cents, as an "outperform'' ranking was issued on the stock by analyst Sanford C. Bernstein." See Cramer's video for a very different take on LVS.
Investors applaud Boyd interest in Station buyout
Boyd's net loss overshadowed by possible Station buy

Malaysia - Reuters & The Edge
Malaysia's Genting Q4 net loss $33 mln
Genting’s net loss widens to RM121m in 4Q

South Africa - Business Today, Business Report & Reuters
Chile casino weighs on Sun International
Sun International shines despite crisis
Sun Int. sees lower FY profit, pays no interim div

Eastern Cape, South Africa -
Casino licence war plays out in court - Eastern Cape Gambling and Betting Board.

Las Vegas - Las Vegas Sun
M Resort dares to be different
Wynn: Obama’s remarks bad for convention business
Boyd Gaming reports $220.8 million quarterly loss
Las Vegas has been victimized by its own marketing strategy - David Schwartz

British News
William Hill looks to raise £350m - BBC
William Hill plans £350m cash call - The Guardian

Rank reviews sports betting arm
Mecca bingo owner encouraged by turnaround plan

Grosvenor UK Poker Tour Walsall Main Event Under Way
House prices down 15.1% in a year - BBC
"This is the 17th month in a row that average prices have fallen, following 21 successive months of price rises."

additional headlines
Casino 'comps' harder to come by - Atlantic City
Cambodia shuts gambling shops - Radio Australia

Thursday, 26th February

Ireland - Clarion Gaming
Martin Dempsey, Editor of Coin-op News, Dies at 57
Gambling On Wynn Resorts -

Las Vegas - Yahoo/PRNewswire & AP
Boyd Gaming Reports Fourth Quarter and Year-end Results
Boyd Gaming posts 4Q loss on impairment charges

Aragon, Spain - SpanishGaming & The Guardian
Gran Scala will have 10 casinos, 25,000 hotel rooms and 4 mega parks 
Promise of riches threatens rural idyll as a new Vegas is planned in rural Spain
"The company talks of a total €17bn investment and 200,000 direct and indirect jobs by a planned full completion date of 2022."
Spanish casinos: 'Rival to Las Vegas' - The Gran Scala proposal. - International Leisure Development.

Spaniens Architekten von Gran Scala Saragossa
Interview with Sebastian Tranchant, environmentalist's and local bird watchers.
'Le Croupier' brings 3D casino to UK - Reuters Video | Casino Barrière de Deauville

U.S. Gaming stocks - Reuters
Odds stack up against casino operators
"Harrah's recently drew down the remaining $740 million on its secured revolving line of credit, arousing speculation that the world's largest casino operator may be close to violating debt restrictions. Harrah's declined to comment."
Wynn Resorts drops following weak 4Q results
Analysts upbeat on Melco Crown's prospects

Las Vegas & Macau - RNewswire, Reuters & Yahoo/AP
Las Vegas Sands to Appeal Legal Challenge to CotaiJet Ferry Operation
Las Vegas Sands to contest ban on Macau ferry
Analyst lowers some estimates for Las Vegas Sands

Washington -
US could reap billions taxing Web gambling - study

Online Poker - Guardian Technolgy
Poker bots aren't necessarily criminals

From Gaming Today
Wynn Resorts Reports 4Q Loss of $159.6 Million 
M Resort to open Sunday
Magna Entertainment on verge of bankruptcy
Reservations begin at CityCenter hotels

British News
Rank Group Plc - Annual results for the 12 months ended 31/12/08
Casino and bingo revenues fall at Rank

Gunman in bookies raid - Corals, Stockport.

Scratchcard trouble for Netplay TV
NetPlay shares rise on TV deal
Jail for gambling addict who conned investors of £200k
Fury over police poker game - The Sun. Heads need to roll on this one.

Wednesday, 25th February

Las Vegas - LVR-J: Howard Stutz & Bloomberg
Wynn Resorts posts net loss in fourth quarter
Wynn Reports Quarterly Loss on Las Vegas, Tax Expense

Macau - Macau Daily Times
Visitor arrivals up by 0.8% in January
Casino employees' job performance not pleasing enough: report
Crown Macau drives positive results in 4Q

Wynn Resorts - 4thQ Results
"There is no good news. Business is tough in Las Vegas". Steve Wynn's opening words on the company's conference call.
Wynn Resorts, Limited Reports Fourth Quarter and Year End 2008 Results
Wynn Resorts reports 4Q loss of $159.6 million - Yahoo/AP
Wynn Resorts posts loss, shares drop 19% - Reuters
Wynn Resorts: "Dramatic" decline in business - MarketWatch
Wynn Resorts, Limited Earnings Conference Call (Q4 2008)

Australia & Pennsylvania - Sydney Morning Herald
Casino owners accuse Gretel Packer
"Gretel Packer has been accused of colluding with her brother James's listed company Crown to back out of a deal worth $US1.75 billion ($2.7 billion) to buy a suite of US casinos."

Violence in the betting industry

British News
The Real Casino Royale: gangsters in a class of their own - Daily Telegraph
Speculation that John Aspinall's famous Baccarat parties in the 60's involved the use of pre-marked cards and trained readers employed to bet for the house.

Liverpool's State nightclub earmarked for casino
"The State Ballroom, on Dale Street, fell into disrepair when it was finally closed in the mid-90s after a chequered history of violence, shootings and firebombs."

£1m betting coup investigated by FA - Nothampton Chronicle
Bookmakers lose £1m on Weymouth match - Daily Telegraph
Woman threatened at gunpoint at Frodsham bookmakers - Corals

Macau - Yahoo/AP & Bloomberg
Melco Crown climbs following 4th-quarter results
Crown, Melco Shares Gain as Macau Casino Loss Narrows

Goa - Times of India, Asian Age
Mandovi to be freed of casinos
Goa casino vessels may get 15 days to move out - May 2008

Harrisburg, Pennsylvania - Reuters
PGCB Chair Outlines Gaming Industry and Regulatory Oversight Maturity in PA

Texas - Houston Chronicle
A fresh push for casino gambling
Holiday gifts from the Texas Gaming Association

aditional headlines...
Casino Life Magazine - March 2009
Home Prices Post Biggest Drop in 21 Years
Study Backs Plans for Belmont Park Casino Development
Chinese teenagers run up huge debts in illegal gambling ring

Tuesday, 24th February

Macau - China View/Xinhua
Report: Macao casino employees' job performance "below satisfactory level"

Macau - Yahoo/Globe Newswire
MPEL Announces Fourth Quarter 2008 Earnings
Melco Crown Entertainment Limited Earnings Conference Call

Goa - The Hindu & New Kerala/IANS
Goa asks offshore casinos to shift further down in sea
Goa's offshore casinos ordered off city limits

Australia & Willmington, Delaware - Bloomberg,
Crown’s $1.75 Billion Casino Buyout Leads to Lawsuit
Gretel Packer seeks to end role in James' Nevada gaming push
"Attorney Robert Krauss, for Ms Packer and the secret trusts, said privacy was more valuable than the Meadows bid."
Packer wish to stay in the shade

Las Vegas - Las Vegas Sun
Boyd Gaming offers to buy Station
Letter from Boyd Gaming to Station Casinos

Las Vegas - Bloomberg, Reuters & Yahoo/AP
Boyd Gaming Offers to Buy Station Casinos Assets
Boyd Gaming shows interest in Station Casinos' assets
Boyd Gaming makes offer for Station Casino assets
Boyd Gaming tells Fertittas, "Let's Make a Deal" - Gaming Today

Macau - Hong Kong Standard
Casinos bet on visits plan
Stanley Ho has been elected the first chair of the Chamber of Macau Gaming Operators a new body formed to represent Macau's six licensed casino operators.
TDM English News - 23rd February

Las Vegas - Reuters
MGM Mirage, Deutsche Bank may be in finance talks

South Australia - Yahoo Aus/ABC
Problem gambler laws threaten casino: owner
Casino swipe cards urged

Atlantic City - The Press of Atlantic City
Tropicana Entertainment / Consider a second chance

British News
Businessman's plea over casino plan - Great Yarmouth
Bookie whacks robber with a stool - Ladbrokes, Tadworth.

aditional headlines...
Gambling bus catches fire in canyon - Colorado
CryptoLogic sends authorities Aziz letter

Monday, 23rd February

Nevada - Las Vegas Sun: Liz Benston
iPhone technology under casinos’ skin
"In 1985 casinos fought the spread of electronic aids by successfully lobbying the use of such “devices” to be made a felony."

Las Vegas - Yahoo/PRNewswire
Vdara Hotel and ARIA Resort & Casino at CityCenter Now Accepting Reservations

Atlantic City - Yahoo/AP
Nothing but snake eyes for Atlantic City casinos

Las Vegas -
Sector Snap: Analyst cuts MGM, Wynn price targets

Macau - China View/Xinhua, TDM & Macau Daily Times
Macao's gaming tax revenues down 5.3% in January - Macau Financial Services Bureau
Ferry operator calls for open tender
TDM English News - 21st February
Five men arrested for usury
A glimpse at the activities of loan sharks in Macau which appear to include kidnap and illegal confinement.

Pennsylvania & Australia - Australian Financial Review & The Australian
Crown 'committed' to Pennsylvania casino
Crown still in the game for Pennsylvania casino licence

Eastern Cape, South Africa - Daily Dispatch
Awarding of licences for EC casino left ‘bad smell’ - Eastern Cape Gambling and Betting Board.

Auckland, New Zealand - Radio New Zealand
Sky City Operating Earnings Decline by 6.4%
Sky City Entertainment is to reduce dividends by up to a third and repay debt in response to the economic crisis

Placerville, California -
A new casino defies the odds: it's drawing crowds

Florida - Miami Herald
Blackjack addiction on rise in Florida - Florida Council on Compulsive Gambling

aditional headlines
DEVILFISH GAMING PLC - Half-yearly Report -
Dave "Devilfish" Ulliott Wins Own Bounty Tournament -- Again! - 8.5p

Bookmaker plans £350m rights issue in bid to restructure debt - Yorkshire Post

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