Even after a round of ambitious casino expansions in the last few years, there's still room for Atlantic City's gambling world to keep growing, industry insiders say. That's good news for developers who are working on bringing two new casinos to town and replacing one of the 12 already there.
New partnership in Bulgaria
The fire department reported a 3-alarm fire at The Venetian Resort Hotel Casino. Traffic was closed off on Las Vegas Boulevard and Flamingo Road. The fire started around 8 p.m. Friday and dark smoke and flames could be seen from Eyewitness News cameras in the sky. The Clark County Fire Department says the fire started after a construction tarp fastened to a decorative tower on The Venetian was overheated by a light.
Las Vegas - Harrah's New Orleans Hotel made its official debut Thursday, September 21, hosting a New Orleans-style party that attracted more than 2,500 guests who gathered to celebrate the first completely new hotel to open in the city since Hurricane Katrina. The 26-story, 450-room, USD 170 million luxury hotel is a milestone in the continued recovery of the city's tourism industry.
The chief executive of Sportingbet said in an interview published Thursday that he is determined to expand activities in the United States, where the online gaming company's chairman was arrested earlier this month. Andrew McIver told the Financial Times that he believed the United States was the only market worth serious investment. "It's the U.S. -- or what's the point? I still hold that view," the newspaper quoted McIver as saying.
BetOnSports, the AIM-listed internet bookmaker indicted in the US on fraud and racketeering charges, has told prosecutors that it wants to negotiate a settlement of the civil and criminal cases it faces. The company, whose shares have been suspended since the arrest of its chief executive, David Carruthers, in Dallas in July, has instructed lawyers to discuss a settlement in an effort to draw a line under the crisis that threatens to bring it down.
Axel F. Pawlas, CSO of MERKUR GAMING, and János Czeglédi, owner and president of SHS-Union, took a very positive stock after the Gamexpo 2006 participation in Budapest. From 12 to 14 September MERKUR GAMING exhibited its full product range under the motto ‘One Stop Shopping’ together with the Hungarian partner SHS-Union.
Positive trends for MERKUR GAMING in Italy. Alberto Stolfi, owner of Merkur Gaming’s trading partner “International Games Trade“ (IGT) from San Marino, was very satisfied with the entertainment machine trade show ProGameShow that took place in Bologna (Italy) from 12 to 14 September.
St. Ignace, Michigan - Gambling is the only thing missing from a new Indian casino in Michigan's Upper Peninsula, mistakenly built in an area where gambling is illegal. The USD 36 million Kewadin Shores Casino and Hotel opened in June and has restaurants, a lounge and an indoor pool, overlooking Lake Huron's Horseshoe Bay north of the Mackinac Bridge.
SkyCity has lost an attempt to get the right to speed up play on the games and machines at its Auckland casino. High Court Justice Mark Cooper has ruled that the Gambling Act's ban on any increase in opportunities for casino gambling cannot be restricted merely to increased numbers of games or machines and player spaces, and new kinds of gambling.
Serial entrepreneur Duncan Bannatyne has shut his casino on Newcastle's Quayside and is in "active" negotiations for a replacement site on Tyneside. The star of BBC television's Dragon's Den series yesterday confirmed Bannatyne Casino had been sold to an office developer in "the last few weeks" as he closed in on a site for another, "slightly larger" casino in Newcastle. Mr Bannatyne told The Journal: "We decided a few months ago that we would be better off in a different location.
The two founders of the online gambling group Bwin - formerly Bet and Win - were released on bail by a French examining magistrate yesterday, but were told they could face up to three years in jail if found guilty of violating gaming laws. Manfred Bodner and Norbert Teufelberger, joint chief executives, were arrested on Friday as they prepared to give French journalists details of a sponsorship deal with AS Monaco football club.
