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Louisiana News - Page 35

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Evangeline Downs Casino Off to Good Start

News Brief: Evangeline Downs opened its casino in Opelousas to fanfare last month, attracting 123,279 people who bet $3.4 million on the racetrack’s 1,627 slot machines from December 19-31.

Boyd Gaming Agrees to Purchase Riverboat Casino from Harrah's

Las Vegas-based Boyd Gaming on Tuesday evening announced a $190 million deal to buy Harrah's Shreveport riverboat in northwestern Louisiana, a deal company executives believe adds a solid cash-producing casino at an attractive price.

Boyd Gaming to Acquire Harrah's Shreveport for $190 Million

Harrah's Entertainment Inc. and Boyd Gaming Corporation have signed a definitive agreement for Harrah's to sell its Shreveport hotel-casino to Boyd Gaming for $190 million.

Pinnacle Entertainment Appoints General Managers for Projects

Pinnacle Entertainment reports management changes to provide the leadership for its Lake Charles project and continuation of the success of its Belterra property.

Churchill Downs Shows Interest in Louisiana Track

News Brief: Louisiana’s Fair Grounds, which filed for Chapter 11 bankruptcy protection last August, may become the latest racetrack to join ranks with Churchill Downs Inc.

Louisiana Casino Deal Left on Table

News Brief: Outgoing Governor Mike Foster has decided to not sign a deal that would allow a central Louisiana Indian tribe to open a casino near Logansport.

Hollywood Casino Employees Arrested

ews Brief: Four Hollywood Casino employees who unloaded slot machines were arrested in an orchestrated attempt to pocket cash from the machines and block the security cameras.

Louisiana Casinos Targeted by Armed Robbers

News Brief: In the past week, three truck stop video poker casinos have been held up at gunpoint, and one attempted robbery was foiled, according to area law enforcement officials.

Hollywood Casino Receives Insurance Payment

HCS I, Inc., the managing general partner of Hollywood Casino Shreveport reports that HCS has received a $4 million insurance payment.

State-Funded Addiction Programs Evaluated

Two out of three compulsive gamblers who completed a Louisiana program to treat gambling addictions are less likely to ever wager again, the director of the program says.

Delta Downs $1 Million Purse Returns

News Brief: Delta Downs plans to bring back a $1 million purse for its Delta Jackpot race in 2004 because of the exposure and money it generated this month, track officials say.

Louisiana Casinos Meet Hiring Targets

News Brief: Louisiana's riverboat casinos have greatly surpassed their goals for hiring women, minorities and local residents, but they've fallen behind their targets for purchasing supplies from minority- and locally-owned businesses, according to industry statistics.

New Orleans Track Faces Challenges

News Brief: The Fair Grounds' racing meet begins on Thanksgiving while the track’s officials are dealing with court ruling that forced the track into bankruptcy reorganization, a year-long project of adding slot machines and stiff competition from other tracks.

Harrah's Approved for New Orleans Hotel

News Brief: After agreeing to preserve the facades of two rundown 19th century buildings, Harrah's New Orleans Casino has won city approval to build a 27-story hotel next to its downtown gambling hall.

Louisiana Tribe Must Cover Lost Taxes to Open Casino

News Brief: The Jena Band of Choctaws will have to cover any possible tax losses to the state to get an agreement to operate a reservation casino in northwestern Louisiana, according to Governor Mike Foster.

Louisiana Casino Winnings Up Slightly

News Brief: Gamblers lost $163.3 million at Louisiana's state-licensed casinos in October, up about 6 percent from a year ago, state police reported Tuesday.

Louisiana Downs Meet Handle Increases

News Brief: Louisiana Downs concluded its 80-day meeting on Sunday with a handle increase of nearly 12%.

Louisiana Casino Expectations Unfulfilled

News Brief: With 17 state-licensed casinos in full operation and three more planned, gambling is in full swing, however Louisiana still has major economic woes.

Hollywood Casino Shreveport in Debt Restructuring Talks

News Brief: Hollywood Casino Shreveport is in negotiations with representatives of noteholders regarding a possible restructuring of its debt or other possible resolution.

Hollywood Casino Shreveport Names New General Manager

HCS I, Inc., the managing general partner of Hollywood Casino Shreveport reports that Mel Thomas has been named General Manager of the property.

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