Baton Rouge, Louisiana (AP) -- Harrah's Entertainment Inc. plans to sell two Lake Charles riverboat casinos later this year to Pinnacle Entertainment Inc., though it is unclear whether they will remain in southwest Louisiana, casino officials told state gambling regulators on Monday.
The world's second-largest internet poker company is preparing to float on the London stock market before the end of this year with a value likely to exceed USD 2 billion (GBP 1.1 billion). Pokerstars, which has been exploring an outright sale in recent months, is understood to be in talks with a number of investment banks, including HSBC and Dresdner Kleinwort Wasserstein, about hiring them to work on the listing.
Macau's official tourist map doesn't mention casinos. It highlights its sporting venues, its historical sites - even its karaoke bars and discos - but not the 18 legal casinos that have propelled this tiny, former Portuguese enclave into a multibillion-dollar development frenzy that has ensnared some of the world's biggest casino operators, including James Packer's Publishing & Broadcasting Ltd.
An artists rendition of what Myriad Botanical Resorts wants to put in Tunica County shows the largest and most expensive casino development in Tunica County. The cost of the proposed casino is one point nine billion dollars.
Gaming fuels our economy and the Strip isn't the only place seeing growth. Neighborhood casinos have become big business in our area and the much anticipated opening of Red Rock Casino proves that when it comes to luxury one local family is making sure customers are taken care of.
Johannesburg - Real Africa Holdings, a South African investment firm with gaming interests, said it rejected a bid from Sun International as too low.
As Ireland’s Gaming and Lotteries Act reaches its 50th anniversary, Rob Corbet examines the current state of regulation and argues the case for radical reform of this outmoded legislation. The Gaming and Lotteries Act is 50 years old this year. The Act was originally designed to protect Irish consumers from the dangers of slot machines, casinos and unscrupulous lotteries. However, 50 years on, its scope continues to inhibit bona fide sales promotions, while being largely ignored in practice by an emerging Irish casino industry.
Mel Molnick is an unlikely adversary of the Internet gambling industry. He is not a foe of gambling. But the retired contractor has spent the last several years suing dozens of online casinos. Molnick, 63, claims to own a method patent that governs live, electronic betting from a remote location. In other words, the process by which just about every Internet gambling site does business.
The Hong Kong-based Galaxy Entertainment Group is to tenfold the number of the gaming tables at its casinos in Macao this year, local media reported Wednesday.
Architect David Matthews has found a mind-bending job for one man working on fitting out the Isle of Capri casino at the Ricoh Arena in Coventry. The worker has started an eight-month project to fix large pebbles into a dramatic 70-ft high waterfall spanning three floors of the casino. The 30-ft wide wall will stretch from the a la carte Farradday's restaurant past the entrance to the underground casino's main gaming floor.
They are retirees and middle-agers who wanted to shift gears. Or seasoned professionals who brought specialized skills to a new arena. Others are just starting out, in their early to mid-20s. They serve meals and mix drinks. They deal cards, greet customers and count change in cashier cages, handling more money in one shift than many people see in a year.
Carson City, Nevada (AP) - Nevada casinos won USD 1.03 billion from gamblers during February for a 12.8 percent gain over the same month a year earlier, according to a state report released Monday. The win, a record for any February, was the money left over after gamblers bet USD 13.9 billion. That included USD 2.8 billion wagered at table games and USD 11.1 billion pumped into slot machines.
