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Mom Hits $5.1 Million Jackpot

News Brief: A 30-year-old single mother of two won $5.1 million in a $1 progressive slot machine at Thunder Valley Casino on Saturday, one of Northern California's largest slot payoffs.

Gaming Stocks Strong in January

January was a stellar month for gaming stocks, with the average value of casino shares up more than 50 percent from a year earlier.

Binion's Targeted for Insurance Probe

Binion's Horseshoe and its owner are being investigated by the U.S. Department of Labor for possible violations of federal law involving $2.5 million in unpaid worker health insurance claims.

Asbestos Concern Won't Delay Binion's Opening

The reopening of Binion's Horseshoe in downtown Las Vegas is not expected to be delayed by asbestos concerns, an official with Harrah's Entertainment Inc. said Thursday.

Palace Casino Opens Sports Zone

News Brief: Mississippi’s Palace Casino is set to open the Palace Sports Zone, which features 50 televisions hooked up to DirecTV, more than 300 slot machines and a 300-foot-long ticker, continuously running the latest scores and statistics from ESPN.

Powerball Jackpot Rises to $74 Million

Since no one has correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $74 million.

Super Bowl Controversy Erupts at Vegas Resort

The Palms hotel-casino has canceled a sold-out broadcast of the Super Bowl in its movie theater after the property was threatened with legal action by the National Football League.

Culinary Union Increases Pressure

The Culinary Workers Union Local 226 today said it stepped up its effort to organize workers at the bankrupt Aladdin hotel-casino on the Las Vegas Strip.

CEO Upbeat About Borgata's Future

News Brief: Terry Lanni, CEO of MGM Mirage, is optimistic about the future of Borgata.

Asbestos Adds to Binion's Woes

Asbestos materials lacing Binion's Horseshoe could further delay its sale and reopening as well as slow and add substantial costs to any renovation or redevelopment of the downtown property.

Harrah's Employees Rewarded

News Brief: Harrah’s Cherokee Casino gave $250,000 to its employees for perfect attendance, improved service and exceeding goals in customer satisfaction.

All Bets are On for Super Bowl

News Brief: This week, serious and casual gamblers are placing their money on the Patriots and a slew of interesting and bizarre gambling options tied to Super Bowl XXXVIII in Houston.

Mega Millions Jackpot Reaches $73 Million

The Mega Millions jackpot grows to an estimated $73 million for the Friday, January 30, 2004 drawing.

Arizona Senator Pushing Online Gaming Restrictions

Sen. Jon Kyl, R-Ariz., said Tuesday he will try again this year to usher Internet gambling restrictions through the Senate.

Connecticut Tribes Look to Expand

News Brief: Connecticut's tribes are now looking to bankroll other Native American gaming ventures across New England and the country in a significant move to expand.

Perini Finishes Saratoga Track in Five Months

After five months of construction activity, Perini Building Company, Inc. announces the opening of a new $15 million, 55,000-square-foot gaming facility at Saratoga Gaming and Raceway in Saratoga Springs, New York.

Moody's Upgrades Golden Nugget Investors

Moody's Investors Service has upgraded the rating outlook on Poster Financial Group Inc. of Las Vegas to ‘stable’ from ‘negative’.

Horseshoe Woes Continue: Sources: Medical Bills Unpaid

Hundreds of Binion's Horseshoe former workers may have to pay millions in unpaid medical bills even though the gaming company deducted medical insurance premiums from their paychecks.

Magna Entertainment Appoints New President for Santa Anita Park

Magna Entertainment reports the appointment of Jack McDaniel as President of Santa Anita Park and the resignation of Jack Liebau as President, MEC California Operations and a member of the MEC Board of Directors.

Aladdin Bosses Pleased Despite $4.1 Million Loss

The Las Vegas Strip's Aladdin hotel-casino, in the midst of a U.S. Bankruptcy Court-approved sale, had a loss of $4.1 million in December, documents filed with the court said.

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