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Archive 2009: 1st - 7th  March

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Saturday & Sunday, 7th & 8th March

Las Vegas - Global Gaming Business
The Noose Tightens

Philippines - Philippine Inquirer
Baguio bracing for onslaught of casinos
www.bcda.gov.ph
www.cjhhotels.com/cjh_masterplan.htm
http://en.wikipedia.org/wiki/Camp_John_Hay
www.gobaguio.com/files/Images/johnhay_map.jpg

New York - Newsweek Interview
Sheldon G. Adelson: We’ll Always Have Vegas
 

Bugsy Siegel and the Mob arrive in Las Vegas (a history)
Part of a PBS Documentary on the history of Las Vegas,
.
Part 1 The History of America's Secret Casinos
Part 1 of 5. Interviews, b/w footage and images
.

Atlantic City - Yahoo/AP
Pinnacle: Atlantic City casino plans now a 'dream'
www.pinnacleatlanticcity.com
The Sands Turns To Dust - October 18, 2007
 

Las Vegas
WORK STOPPED ON WEST TOWER AT COSMOPOLITAN - LVR-J
Displeased with Cosmopolitan’s interior, bank rethinks decor - Las Vegas Sun
www.cosmolv.com
Tropicana could emerge from Chapter 11 in May - Las Vegas Sun
Recent casino additions have much in common - In Business Las Vegas
Vegas Gang Podcast - #27 - February 26th, 2009.
 

Germany - DerWestern.de
Weniger Besucher, weniger Ertrag - Casino büßt Spitzenplatz ein
Casino Hoyensyburg, which was previously Germany's number 1 has registered a visitor decline of 16.4% to 436,593 over the last year. Table games win was down 20% to €14.27 million and slots win was off 26.8%.
www.casino-hohensyburg.de

Blackhawk, Colorado - CNN
Unemployed place their bets on casino jobs
Blackhawk Casino holds job fair
 

British news
Meet Paul. Last month he won £250 on a fruit machine. He’s only 12 - Glasgow
 

additional headlines
Police hunt for woman thought to be gambling kingpin - Vietnam
It's a bit rich of banks to refuse gamblers - Ireland
Billy Joel blasts casino appearance - Agua Caliente Casino Resort Spa
Gambling industry goes bust - The Deal
Authorities seize alleged gambling equipment - Texas
Reggie Rivers: I didn't know gambling in Denver is illegal - Colorado
Woman embezzles $10 mil, buys 400 shoes - California
 


 
 
Friday, 6th March

Washington - Yahoo/AP
American Gaming Assn. spent $368K to lobby in 4Q
www.americangaming.org

Las Vegas & New York - KTNV.com & Yahoo/AP
Financing woes continue for MGM Mirage's City Center Project
Gaming companies' shares mostly drop
LVS and MGM are now both trading at firmly under $2 each and WYNN stock continues it's decline and is now at $15. BYD is also at a new multi-year low of $3.
http://finance.yahoo.com/q?s=LVS+MGM+WYNN+BYD

Macau - PRNewswire
Falcon's Treehouse to Bring Entertainment Experience to City of Dreams
www.falconstreehouse.com
www.cityofdreams.com.mo
 

MGM City Centers-Boyd Gaming Offers To Buy Station Casinos
www.inbusinesslasvegas.com
.

Aurora, Ontario - Yahoo/AP & L.A. Times
Magna Entertainment files for bankruptcy
Magna operates nine racetracks in the U.S. including Gulfstream Park, Pimlico and Santa Anita.
Canadian owner of Santa Anita racetrack files for Chapter 11
www.magnaent.com
http://finance.yahoo.com/q?s=MECA

Paris - IHT/Bloomberg
French gambling plan seeks to stem illegal betting
www.blog-ewoerth.com

London - The Independent
Sports betting: Age of complacency over as sport wakes up to gambling risk

Las Vegas - FT.com
Troubled MGM Mirage appoints adviser
www.evercore.com

Las Vegas - Las Vegas Sun
Report: 58.2 percent of Las Vegas homes have negative equity
Early results show Harrah’s took hit in fourth quarter
Harrah’s announces plan to reduce debt burden
Moody’s: Fontainebleau could default on debt
Riviera gets notice of technical default; stock tumbles
 

Goa - New Kerala
Goa's offshore casinos should be 12 nautical miles from shore: expert

Macau - Macau Daily Times
Ho backs Macau’s entry ban, Hong Kong shows concerns

Kansas - Yahoo/AP
Developer to submit 2 casino proposals for Kansas
http://web1.userinstinct.com/18514147-equity-ventures-inc.htm
 

British news
Blackpool to push for new convention centre
Deep Design new brochure for The Ritz Club Casino
www.theritzclub.com
Five bailed over bookmakers raid - Northampton
 

additional headlines
Gambling regulators try to ban man from casinos - Nevada
Atlantic City casinos slash 300 jobs in February
Connecticut Man Charged with Stealing $456,000 to Gamble
Former Billabong boss leaves trail of gambling debts
Aladdin Trading and Company Acquires Caribbean Casino and Gaming Corp.
http://finance.yahoo.com/q?s=ALDI.PK
 


 
 
Thursday, 5th March

Las Vegas - CNBC
MGM Mirage Debt Default Warning
 

Fitzpatrick's Casino Launch Night from BMB Films on Vimeo.
Fitzpatrick's Casino Launch Night
www.fitzpatrickscasino.com
.

Singapore - Straits Times
4,500 gaming jobs open
www.marinabaysands.com/careers.html

Niagara Falls, Canada - Niagara Falls Review
Casino employees to get 35-cent an hour raises, bonuses
www.fallsviewcasinoresort.com
www.casinoniagara.com

Atlantic City - The Daily Journal
Lender can foreclose on Resorts Atlantic City
www.resortsac.com

Las Vegas - LVR-J
Station Casinos refuses Boyd offer
www.stationcasinos.com

Las Vegas - LVR-J
Riviera Holdings Corp. reports technical default on $245 million loan
www.rivierahotel.com
http://finance.yahoo.com/q?s=RIV

Las Vegas - LVR-J
MGM Mirage in talks with lenders
http://finance.yahoo.com/q?s=MGM

Goa - oHeraldo & New Kerala
We send sewage to Tonca: casinos
Goa chief minister attacks bureaucrat over casino scam

Las Vegas - Time Magazine & USA Today - Travel reports
Stick It to the Recession: Wynn's Vegas Encore
$2.3B Encore Las Vegas offers extravagance at every turn
 

Steve Wynn talking to the delightful Anjali Rao on CNN's Talk Asia.
Programme aired September 2008.
.

Las Vegas - CNBC
Harrah's wants to swap debt for $2.8B in new notes

Rostov-on-Don - RIA Novosti
Russian gambling firms ask for delay in casino closures

Las Vegas - L.A. Times - The Movable Buffet Blog
Could Vegas be run by bankers?
 

From Gaming Today
Gaming stocks continue steep slide
'Game on' for Cantor Gaming at M Resort
Boyd Gaming vs. Station Casinos
Aliante Station to 'taste test' table games
GT launches $1M March Madness contest
 

British news
House prices fall record 17.7% on year in February
New Malden pound shop asks to double its gaming machines - Agora Gaming
Gambling wins over downturn doubters - FT.com
 

additional headlines
Illinois casinos believe free drinks will lure more customers
Hong Kong government voices concern over Macau travel bans
Isle of Man company launches live dealer online casino
www.sbobet.com
 


 
 
Wednesday, 4th March

Moscow - RIA Novosti
Moscow plays down impact of casino closures
"Baidakov said there were now only 32 casinos and 517 other gambling establishments in the city, compared to 2,800 before the law was passed. He said gambling businesses would start receiving closure notices next week."

Singapore - Yahoo/AP
Sands Singapore resort on track for December open
www.flickr.com/photos/mickey-mouse/3303862794
www.flickr.com/photos/xtemujin/3257113939

New York - Reuters & Yahoo/AP
MGM Mirage bonds plunge on debt warning
Analyst reduces price target of Wynn Resorts

New York - Reuters Travel and Leisure Summit
Casinos shaky, but likely to survive: analyst
Vegas mogul slams corporate spending backlash - Sheldon Adelson
Sands CEO aims to avoid debt default
"The Lusa News Agency reported on Tuesday that February gaming revenue in Macau fell 15.5 percent from a year earlier."
www.reuters.com/finance/summit/TravelandLeisure09
 

Las Vegas - Yahoo/AP, MarketWatch, Reuters & FT
MGM Mirage casino co. says it may default on debt
MGM Mirage delays 10K; warns of default 
MGM may face difficult talks with bank lenders
MGM Mirage in debt default warning
www.mgmmirage.com
http://finance.yahoo.com/q?s=MGM

Online Gambling - Irish Times
Online gamblers should not bet on securing a mortgage
Interesting story implying that the presence of Internet gambling payments on bank statements may effect an individuals ability to secure a mortgage.
Internet gamblers'may struggle' to get mortgage
 


Harrah's Commercial 1 from emily chang on Vimeo.
Harrah's Commercial - Atlantic City 
.

Reno - Yahoo/AP
Analyst: IGT dividend cut not that bad of a move
IGT: company prepares for rebound, cuts dividend
http://finance.yahoo.com/q?s=IGT

St. Louis, Missouri - Yahoo/AP
Isle of Capri posts 3Q profit on settlement
Isle of Capri dips as 3Q results miss Street view
www.isleofcapricasino.com
www.islecorp.com
http://finance.yahoo.com/q?s=ISLE

Las Vegas - Yahoo/PRNewswire & AP
Pinnacle Entertainment Announces Selected Operating Results for Fourth Quarter and Full-Year 2008
Pinnacle Entertainment expects 4th-quarter loss
http://finance.yahoo.com/q?s=PNK

New York - Yahoo/Business Wire
Trans World Corporation Announces Substantial Year Over Year Earnings Increase of 36% for 2008
www.transwc.com
www.american-chance-casinos.com
http://finance.yahoo.com/q?s=TWOC.OB

Las Vegas - Reuters
Station Casinos says not for sale now

Atlantic City - Newsday & Business Week
Union wants deals with soon-to-be-sold NJ casinos
More NJ gamblers asking to be banned from casinos

Las Vegas - Yahoo/AP & Reuters
Sands confirms May 22 opening date for Pa. casino
www.sandsbethworks.com
www.flickr.com/photos/35268053@N04/3276741354/sizes/l/

Goa - The Times of India
Goa govt issues notices to offshore casinos

Macau - Xinhua
Macao problem gamblers not getting enough help: counseling institution
 

British news
Sportingbet confident of DoJ settlement this year
Finance controller who stole nearly £1m to feed gambling habit is jailed
"He said none of the money had been recovered as Proudfoot had lost it all through online gambling."
Police hunt man after armed robbery at Chester bookmakers
Armed robbers grab cash from bookies - Aldershot
Anti-yob device installed at bookmakers - Corals, Staines
 
 

additional headlines
Online bookie Bwin funding dodgy football website
 

Dave McKee's Stiffs and Georges
Harrah's enjoys bailout
Station vs. Boyd III: This time it's personal
This is your industry on crack
 


 
 
Tuesday, 3rd March

British News
Hyndburn company director: I lost £200k gambling - FOBT's
"On one occasion Mr Whalley said he won £12,000 on a game, only to gamble £10,000 of it again over the next three days."

Morocco - Card Player Europe
World Poker Tour Announces Moroccan Stop
www.casinodemarrakech.com

Las Vegas - Reuters
Station Casinos reaches forebearance agreement

Reno - Yahoo/PRNewswire
International Game Technology Announces Reduced Quarterly Dividend
http://finance.yahoo.com/q?s=IGT

St. Louis, Missouri - Las Vegas Sun
Isle of Capri Casinos, Inc. Announces Third Quarter Results
Isle of Capri Casinos Earnings Conference Call (Q3 2009)
http://finance.yahoo.com/q?s=ISLE

Goa - India PRWire/Indo Asian News Service
Goa tourism minister takes on casino operators
"All the casinos are dumping their sewage straight into the water. There has to be a rule of law. A line has to be drawn"

Las Vegas - Las Vegas Sun
One boss means lower costs, Marnell says - Liz Benston
www.themresort.com
M Resort opens. Whoopee - Steve Friess. Vegas Happens Here
M in pictures - Dave McKee's Stiffs & Georges (CORRECTED LINK)
M Resort Opening - RateVegas.com
 

M Resort opening
www.youtube.com/user/casinoguideblogs
.

Las Vegas - Las Vegas Sun
The state of our engine - Strip building boom, buyouts were ill-timed, and many see more pain in ’09
"Home values not only account for a significant chunk of consumer wealth, they also underlie consumer confidence. The evaporation of trillions of dollars in home equity, according to recent estimates, has undermined the desire to spend."
www.lasvegassun.com/photos/2009/feb/28/23432

Germany - RuhrNachrichten & PokerOlymp.de
Skandal in der Hohensyburg? Poker-Szene fühlt sich verschaukelt
Skandal im Casino Hohensyburg? – Gespräche mit betroffenen Spielern
www.westspiel.de/content/de/hohensyburg/001startseite.php
www.europeanpokertour.com
 

additional headlines
Bookmaker hid $6.5m in betting turnover - Racing Post. Australia.
State's casinos cut back on comps
Mohegan Sun, Foxwoods offer cheaper rates, packages
More layoffs at Pearl River Resort
www.pearlriverresort.com
Don’t bet on Texas casinos - Galveston County Daily News
Casinos: Still a Bad Bet - Motley Fool
 


 
 
Monday, 2nd March
Hotel Vitosha Casino Sofia Bulgaria 1979
Interesting converted 8mm footage posted on YouTube by SpeedyPete07.
.

Goa - The Hindu
‘Revoke licence of Casino Royale’

Macau - Shanghai Daily
Macau moves to protect jobs of locals in casinos
Casino staff below par

Singapore - Channel News Asia & Straits Times
Game on for those searching for jobs in casino industry
IRs to recruit casino staff Thur
www.careerseries.com.sg - Career 2009 & Education 2009 fair.

Dublin - Irish Times
New law to license casino gaming in private clubs
"Legislation to control casino gaming in private members’ clubs is to be included in a new anti-money laundering Bill to be published shortly."

Cambodia - Phnom Penh Post
Casinos adapt to survive gaming ban
Following a Government order almost all slot parlours in Phnom Penh have now apparently closed. Cambodia's border casinos and Naga World are unaffected and remain open.

Las Vegas - LVR-J & Las Vegas Sun
Las Vegas celebrates newest resort, the M
Valley’s newest resort casino open for business - Amanda Finnegan
VIPs get first glimpse at latest in locals market
M Resort banking on reasonable prices in tough economy
www.reviewjournal.com/media/slideshow/m_opening
www.themresort.com
 

British News
Gambler laundered sacks of drugs cash through casinos
Casino doorman spared jail
Bookmaker robbed at knifepoint - Ladbrokes, Edinburgh
Bookmakers targeted by raid gang - Corals, Desborough.
Police hunt for raiders as bookies targeted - Ladbrokes & Corals, Glasgow.
 

additional headlines
‘More pain to come in this Vegas land market’
MGM Mirage says someone posing as company in scam
Bookmaker Paddy Power reports 4% increase in pre-tax profits for 2008
Analysis: In Texas, will gambling raise its head? - Yahoo/AP
 

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