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Archive 2009: 15th - 21st March

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Saturday & Sunday, 21st & 22nd March

Las Vegas - CNN & The Independent
Showgirls to hang up headdresses as famed show closes
Final curtain for Vegas showgirls
Hard Times In Vegas
CBS News - 17th March.
Folies Bergere - Tropicana, Las Vegas
Originally opening back in 1959 the Las Vegas version of Folies Bergere will close on the 28th March. 

British news
Woman stole £150,000 for gambling - Exeter. Online Gambling
Crooked bookkeeper admits fraud
Gwynedd man stole to feed gaming addiction
"Ceirion Rhys Williams, 31, of Waunfawr, near Caernarfon, built up debts of £110,000 after getting hooked on gambling on his laptop."
Armed thug in bookies raid - Mancehester Evening News

Las Vegas - Las Vegas Sun
Ruffin rejoins ranks of Strip casino owners
Ambiguous ad wraps Luxor in mystique

Macau - Macau Daily Times
Bank of China to finance Macau-Zhuhai-HK bridge
SJM, STDM revise Hotel Lisboa redevelopment project,_Macau

Las Vegas - Reuters, Bloomberg & LVR-J
Progressive Games files for Chapter 7 bankruptcy
"Las Vegas-based Progressive Gaming listed assets of $263,600 and debts of $5.6 million, according to court documents filed Monday in a federal bankruptcy court in Nevada."
Progressive Gaming, Slot Maker, Files for Liquidation
Progressive Gaming International files for bankruptcy - Howard Stutz

Las Vegas - Yahoo/PRNewswire & AP
MGM MIRAGE Completes the Sale of Treasure Island to Phil Ruffin
MGM Mirage completes sale of Treasure Island
"MGM said it received $600 million in cash and a $175 million secured note bearing interest at 10 percent payable not later than 36 months after closing."

Tallahassee, Florida - Miami Herald
Seminole casino plans could cut into state's tourism business

Joliet, Illinois - Yahoo/Business Wire & CLTV News
Penn National Gaming Provides Update on Empress Casino
Empress Casino gaming area undamaged

Israel -
Sports betting acquisition gives Playtech strong hand

Monaco -
SBM Upgrades Monte Carlo Resorts
Marrakech Awaits for Monte-Carlo SBM
For its first venture abroad, Monte Carlo SBM has chosen Marrakech

Lake Tahoe - Contra Costa Times
Tahoe casino tied to Sinatra to be sold

additional U.S. headlines
Gardena card clubs play hand they are dealt - Normandie & Hustler Card Clubs
New deal for poker laws? - Colorado. Raid of a $20 entry tournament.
Gaming board leads lavish lifestyle - Pennyslvania
Conn. ended push for 24-hour bars at casinos after crash
Dinner In The Sky - Las Vegas
London: Poker in the Sky - Betfair
worldwide headlines
Police Storm Betting Den, Detain 39 - Shanghai
Gambling defeat - Bermuda. Cruise ship gambling in Port.

Friday, 20th March
Donny Osmond - Earth Day - Saturday, March 28 from 8:30pm to 9:30pm.
Earth Hour Press Conference - Mayor Oscar Goodman with showgirls.
Earth Hour Las Vegas 2009 - Donny and Marie Osmond.

Las Vegas - Las Vegas Sun
From MGM to Ruffin: Treasure Island changes hands Friday
"Ruffin will pay $600 million in cash by midnight tonight and take possession of the former MGM Mirage property in the early hours of Friday morning."

Las Vegas - Reuters & Las Vegas Sun
Harrah's Entertainment Sponsors Las Vegas Earth Hour
Harrah’s owners offer to buy outstanding debt

Macau - Macau Daily Times & MSNBC
PokerStars kicks off today
"Located on the second floor of the famous Grand Lisboa, PokerStars Macau will be the largest poker room in continental Asia with 22 tables"
PokerStars Macau At the Grand Lisboa to Launch On March 19, 2009

Las Vegas - Macleans/AP
Prosecutor: Canadian businessman owes US $five-million to Nevada casino

Reno & St. Charles, Mo - Yahoo/PRNewswire
IGT's sbX(TM) Tier One Installation Live at Ameristar

Matthews, N.C. - Yahoo/PRNewswire
PokerPro Formally Approved by Nevada Gaming Commission

Goa - The Times of India
Operations of 4 casinos to be suspended
Caravela, San Domino, Casino Rio and Pride of Goa.

additional headlines
Casinos plan basketball -- but not 'March Madness' -- parties
Fire hits Penn National Gaming casino in Illinois
Colorado casino revenue holds steady in February
First Post-Soviet Lottery Has An Unknown $3M Winner
Heads Up Championship kicks off GUKPT London

Thursday, 19th March

Las Vegas - Yahoo/Business Wire
Elixir Gaming Technologies Reports Fourth Quarter and Fiscal 2008 Results and Provides Market Update

Las Vegas - LVR-J & Las Vegas Sun
$23.1 billion debt hanging over Harrah's
"Harrah's Chairman and Chief Executive Officer Gary Loveman received $39.6 million in compensation, including $2 million in base salary, last year, according to the filing. The 48-year-old executive's compensation was up 157% from the $15.4 million he received in 2007."
Harrah’s expects annual savings of $500 million
Las Vegas - LVR-J, Las Vegas Sun & Forbes
Station Casinos to file for bankruptcy
Station Casinos: Bankruptcy date depends on bondholders
Lorenzo & Frank Fertitta
Fertitta Brothers - Ultimate Fighting Championship

Las Vegas - Las Vegas Sun
Wynns’ breakup won’t break up company

British News
Lucien Barrière runs seven-figure campaign for Web casino launch
Nearly 200,000 'are hooked on online gambling' - Daily Mail
Problem gambling soars following growth of internet games - Daily Telegraph
Debate briefing: Minister rejects online gambling controls - ePolitix
Church concerns over slot-machine prizes - The Scotsman

Goa - Asian Age & New Kerala
Offshore casinos suspend operations
No problems with more offshore casinos in Goa: Congress
Goa to appoint gaming commission to regulate casino gambling

Las Vegas - In Business Las Vegas
Las Vegas Foreclosure #'s For Febuary 09

additional headlines
Bill to better regulate fruit machines to be presented in Parliament this year
Shuffle Master, Inc. Announces Election of its CEO to Board of Directors
Betfair banned by ACMA

Wednesday, 18th March

Las Vegas - WSJ
Station Casinos Sets Bankruptcy Filing, Objects to Injunction Request

Trenton, N.J. - Philadelphia Inquirer
N.J. casino board meeting today on Trop sale

Las Vegas - Las Vegas Sun: Liz Benston
Betting it all on bankruptcy?
On the Brink - Face to Face with Jon Ralston

MGM MIRAGE quarterly results
Casino giant MGM Mirage loses $1.1B in 4th qtr
MGM Mirage posts loss, debt covenants waived til May - Reuters
Fourth-quarter loss $4.15 per share. Revenue drops 16% to $1.62 billion.
MGM Mirage wins 11th-hour reprieve -
MGM MIRAGE Earnings Conference Call (Q4 2008)

Las Vegas Casino News For 2009
In Business Las Vegas
Harrah's agrees to be acquired by Apollo, TPG.
Just over 12 months ago - 12th March, 2008.

Las Vegas - Reuters & Straits Times/AP
Harrah's says cash flow may not fund debt
Harrah's faces cash flow snag

Goa - Times of India & Deccan Herald
Goa stops offshore casino operations ahead of court hearing
BJP steers casino into poll issue in Goa
CM refutes BJP's charge of Delhi interference in casinos

Las Vegas - Yahoo/Business Wire & AP
Shuffle Master, Inc. Announces Purchase of Intellectual Property from Elixir Gaming Technologies, Inc.
Shuffle Master, Elixir resolve patent dispute

Indiana - Yahoo/PRNewswire
PokerTek Installs Ten Tables at Indiana Live! Casino in 100% PokerPro Room

Cyprus - Cyprus Mail
Minister will give position on casinos after Easter

Ontario -
Man sues lottery corp. for $42.9 million in dispute over slot machine

Las Vegas - Yahoo/AP & Las Vegas Sun
Las Vegas Sands' new president gets to work early
Sands president begins early, earning base of $2 million

British News
Yarmouth's economic outlook to be discussed
"Twenty-five people - a mix of developers and major casino operators - have signed up for Monday's open day at Maritime House on the seafront, and borough council solicitor Chris Skinner said the event would be an important gauge of current levels of interest."

additional headlines
Lottery plan eyed in nation's No. 1 gambling mecca
Warning to betting-chip agents - SCMP registration required.
In Macau, Anything Goes But Democracy

Tuesday, 17th March

Las Vegas & Detroit - Detroit News & Detroit Free Press
Board to see MGM's cards - Detroit casino's potential sale on table as gaming body goes to Vegas
MGM Grand, Greektown get bids - State board, Mirage execs to meet next week

New York - Record Online
Empire Resorts reports loss of $12.2M, might face bankruptcy

Las Vegas - Reuters & CNBC
MGM Mirage to report 4th qtr, finance news expected
MGM MIRAGE Earnings Conference Call (Q4 2008)
MGM Mirage is not discussing asset sales - CNBC's Jane Wells

Las Vegas - Reuters & Yahoo/AP
Wynn Resorts to sell 7 million shares
Wynn Resorts to sell 7 million more shares

Australia - Good Friday Gambling
Community 'wants Good Friday gambling' - ABC News
Outrage as TABs open for Good Friday
"Once we begin to water down these days that are significant days on the Christian calendar, then we start to see gambling becomes, in a sense, the new religion."
No legal gambling on Good Friday: SA Govt

South Africa - Business Report
Emerald to fight for Vaal River turf
Tsogo Sun deal puts Gold Reef BEE at risk

Atlantic City - Miami Herald/AP
Billionaire Carl Icahn group aims to buy Atlantic City's struggling Tropicana

Macau - Daily Telegraph
Hidden slowdown at Macau's casinos - Asia File: Correspondent blog

Atlantic City - UAW Union
New Gaming Workers Council announces bargaining, organizing and communications agenda

British News
Famous bookie's daughter in car terror
Hotel group Lucien Barriere launches 3D online casino brand

From - David McKee's Stiffs & Georges
Destroying the MGM Mirage village to save it
Station vs. Boyd IV: This time it's spite
Packer gets a discount; solving the I-15 problem
Case Bets: Harrah's & Herbst

additional headlines
25 arrested in raid on illegal poker tournament - Kuala Lumpur
Electronic Game Card Reports Full Year and Fourth Quarter 2008 Earnings

Monday, 16th March

Strasbourg - European Casino Association & European Parliament
European Parliament resolution of 10 March on the integrity of online gambling

Colorado Springs - Yahoo/PRNewswire & AP
Century Casinos Reports Q4 2008 Results
Century Casinos posts 4Q loss of $651,000

South Africa -
Gold Reef Full-Year Profit Doubles on New Casinos

Las Vegas - Bloomberg & CNBC
MGM Mirage Said to Offer Casinos as Security to Avoid Default
Kerkorian Struggles to Keep Empire Alive

Israel & Madrid -
Playtech enters regulated Spanish market with Casino Grand Madrid agreement

Melbourne & Sydney - Reuters, IHT &
Australia's Crown at heart of gaming shake-up talk
Casino company may turn sights back to Australia
Crown investors continue to pay for Packer's ambition

Auckland - Reuters & NZ Herald
NZ's Sky City says revenue up on year ago
Gambling industry still worth a punt, Sky City figures show

Taipei, Taiwan - Taipei Times, Taiwan Times & Hong Kong Standard/AFP
Anti-casino activists protest against government
Protesters take to streets to voice casino opposition
Taipei bets on casino pair

Malta - The Times of Malta
New CEO at Gaming Authority

From - Global Gaming Business
Weidner leaves Las Vegas Sands to an uncertain future

From - Gaming Today
Nevada casinos battle recession … and Lady Luck!
$200 million casino opening near Shelbyville

additional headlines
Ameristar Casinos amends credit agreement
Atletico de Madrid’s Official Gaming Site launched
Gaming official tied to land sale fraud - Seneca Gaming Corp.
A winning tale of a gambling addict's unlikely salvation through poker playing

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