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Louisiana News - Page 34

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Regulators Approve Shreveport Deal

Louisiana gaming regulators today approved Boyd Gaming Corp.'s $190 million purchase of a Shreveport casino from Harrah's Entertainment Inc.

AXCESS Inc. Helps Prevent Casino Shutdowns

AXCESS International Inc. reports that Delta Downs Racetrack and Casino will implement AXCESS' ActiveTag RFID technology to prevent state-ordered shutdowns of its slot machine operations in the event of lost slot machine keys.

Louisiana Casino Charity Bill Endorsed

ews Brief: By a slim margin, a Louisiana House panel endorsed legislation Wednesday that would end a ban on campaign contributions by riverboat gambling interests.

Louisiana Lawmakers Oppose Casino Fee Increases

ews Brief: The biggest threat to Senator Cleo Fields' bid to raise boarding fees for the two Baton Rouge riverboat casinos isn't coming from the boats but from a fellow Baton Rouge lawmaker.

Louisiana Downs Opens Casino Friday

News Brief: Louisiana Downs is scheduled to open its new casino facility on Friday, with live racing set to begin on May 14.

Bond Doubled for Alleged Gambling Boss

News Brief: One of the suspects arrested in an alleged French Quarter drug and gambling operation has had his bond doubled to $300,000.

Fair Grounds Submits Chapter 11 Reorganization Plan

News Brief: Financially troubled Fair Grounds has submitted a Chapter 11 reorganization plan that calls for the facility to be auctioned through United States bankruptcy court.

Fair Grounds, Churchill Downs Talks Stalled

News Brief: Discussions between Fair Grounds and Churchill Downs Inc. for the Louisville company to acquire the New Orleans track have stalled.

Louisiana Gaming Board Chairman Replaced

News Brief: Hillary Crain, chairman of the Louisiana Gaming Control Board, is being replaced by Governor Kathleen Blanco.

Louisiana House Votes Down Casino Age Hiring Limit

News Brief: The House of Representatives balked at a bill Tuesday that would require casino employees to be at least 21 years old, a proposal that prompted an impassioned speech about war, death and gambling.

Churchill Downs to Buy Track for $45 Million

News Brief: According to a recent agreement, Churchill Downs Inc. will buy legal claims against the Fair Grounds and assume ownership of the New Orleans track for $45-million.

Louisiana Riverboat Casino Revenue Down Again

News Brief: The $137.5 million in Louisiana riverboat revenues for March mark the third consecutive year-over-year decline for the month, dating to a high of nearly $155 million in March 2001.

Horse Racing Key to Louisiana Marketing

News Brief: Government and corporate officials in Louisiana are on a mission to make horse racing a key component of the state's marketing and tourism efforts.

Fair Grounds Reorganization Deadline Moved

News Brief: The deadline for Fair Grounds to file a reorganization plan in bankruptcy court was moved from March 29 to April 15. The track has also filed a lawsuit against the state of Louisiana.

Louisiana Racinos have Successful Year

News Brief: Louisiana’s three racinos have produced more than $40 million for horsemen.

Louisiana Racing Commissioner Resigns

News Brief: Ronald Alleman, who was appointed to the Louisiana State Racing Commission in February, has resigned from the position following the revelation of a felony conviction.

Harrahs' Execs Added to Employee Count

News Brief: The Louisiana Gaming Control Board unanimously approved a request by Harrah's New Orleans Casino to change the way gambling regulators count employees at the casino, making it harder to track the jobs at the casino that were the rationale for its 2001 tax cut.

Lowballing a Paddlewheel

News Brief: Short of a hurricane, a bad leak or some other calamity, it's hard to imagine how the value of a floating casino could drop from more than $20 million one year to $6.5 million the next.

Judge Couples Truck-Stop Gambling Lawsuits

News Brief: Two lawsuits filed by opponents of a video-gambling truck stop in Marrero will be heard in tandem in state court this week, after a judge agreed Monday with defendants that the cases share essential facts and have the same aim.

Churchill Downs Offers to Buy Louisiana Track

News Brief: Churchill Downs Inc. has offered $28.5 million to buy the Fair Grounds racetrack in New Orleans.

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