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Venetian Owner Reports Loss

Incentive payments to executives worth about $62 million and about $49 million in grants of executive stock options helped drive down third quarter profit at the owner of the Venetian resort in Las Vegas.

Advantage Gamblers Lose Case Against Control Board Agents

A pair of "advantage gamblers," who use dealer or casino mistakes to increase their odds of winning, lost an appeal Monday to the Supreme Court seeking the right to sue two Gaming Control Board agents for wrongful arrest.

County Wants A Cut In Seneca Casino Take

News Brief: Niagara County receives no money from the Seneca Niagara Casino, and with a property tax increase looming in January, County Legislator Richard E. Updegrove is taking a swing at changing that.

Excalibur Joins VirtGame's Sports Bet Express

VirtGame Corp. reports that the Excalibur Hotel and Casino, a property of the Mandalay Resort Group, has contracted to be included in VirtGame's Sports Bet Express.

Mohegan Results Mixed

Mohegan Tribal Gaming Authority reports gaming revenues for Q4 of $296.9 million, a 4.2% increase over the corresponding period in the prior year. Net income was $9.3 million, a 69.8% decrease from Q4 2003.

Northern Arapaho Tribe Near Casino License Deal

A Northern Arapaho Tribe representative told a legislative committee that they believe an agreement is near with the Interior Department on issuing a high-stakes gambling license for a new tribal casino now under construction.

Inside Gaming Column: Insiders See Wynn Poaching Workers

A selection of news and views from inside the industry this week.

Stars to Join Hollywood Poker Line-up

Starting this week James Woods and Vince Van Patten will be online exclusively at HollywoodPoker.com playing real money games against poker players everywhere.

Powerball Rises to $72 Million

Because no one correctly matched all six numbers in Saturday's drawing the jackpot will grow to an estimated $72 million.

Mega Million Jackpot Rises to $126 Million

Since no tickets matched all six numbers to win the jackpot, the Mega-Million jackpot for the Tuesday, November 16, 2004 drawing rolls to an estimated $126 million.

Heard it on the River

Rudi Schiffer gives us the latest news from the Tunica, Mississippi casinos.

Horoscope for the week of November 14, 2004

Scorpio traditionally symbolizes sex, death & rebirth, shared resources such as banks and taxes, biology, chemistry, quantum physics and psychology.

Canterbury Park Results Up

Canterbury Park Holding reports earned net income of $1,064,204 on revenues of $17,279,804 for Q3, compared to net income of $575,547 on revenues of $14,981,550 for Q3 2003.

New Jersey Governor Pushing Slots at Tracks

News Brief: New Jersey's incoming acting governor is pushing a plan to introduce slot machines to at least one of New Jersey's horse racing tracks.

Wynn Considers Mixed-Use Project

Wynn Resorts Ltd. is exploring a long-range plan to develop 142 acres behind its Wynn Las Vegas resort into a "large, mixed-use" hotel, casino and residential resort complex.

Bellagio Earns Top Award

The Bellagio was one of three hotels that have received the AAA's Five Diamond Award.

Atlantic City Strike Leads to Mixed Results

News Brief: The monthlong strike in which thousands of union workers walked off the job at seven casinos was bad for business. It was also good for business.

Powerball Jackpot Rises to $63 Million

Since no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $63 million.

MTR Gaming to Takeover Binion's

MTR Gaming Group, which owns the downtown hotel-casino, said it will take over management and rename the property simply Binion's on March 11.

Court Reversed Hilton Sign Ruling

The Supreme Court has reversed a lower court ruling involving companies embroiled in a dispute over the collapse of the $5 million Las Vegas Hilton marquee sign on July 18, 1994.

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