North America News - Page 1262

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

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 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.

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.

News Brief: The Imperial Palace will save more than $5 million in property taxes over the next eight years under a settlement agreement reached Monday.

News Brief: Gamblers from Rhode Island and Massachusetts drop more than $1.1 billion dollars each year at the Foxwoods and Mohegan Sun casinos in Connecticut, according to a new study.

News Brief: The American Indian operators of Connecticut's two casinos find themselves at different stages of development as 2004 gets underway.

News Brief: A three month long investigation at the Palace Casino in Lemoore is now over, with investigators making dozens of arrests.

Wheel of Fortune slots hit twice on Saturday in Las Vegas paying the two winners a total of nearly $5 million.

Tim Poster and Tom Breitling have received approval from the Nevada Gaming Commission for their $215 million takeover of the downtown and Laughlin Golden Nugget hotel-casinos.

Since no one correctly matched all six numbers in Wednesday's drawing the jackpot will grow to an estimated $55 million.

Harrah's Entertainment Inc. today said it signed a definitive agreement to purchase Binion's Horseshoe in downtown Las Vegas and is working to re-open the historic hotel-casino.

The Hard Rock hotel-casino could face a fine of as much as $300,000 after the state Gaming Control Board filed a three-count complaint against the Las Vegas resort over its advertising on Wednesday.

News Brief: The chairman of the Mississippi Gaming Commission says he believes the Mississippi Gulf Coast is ready for another casino.

News Brief: Five months away from completing a $115 million hotel expansion, Resorts Atlantic City is developing plans for another major project next door.

More than four years and a litany of legal arguments later, Taj Mahal paid $60,000 to settle Division of Gaming Enforcement civil charges that it violated state equal-employment opportunity rules.

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.

The Mega Millions estimated jackpot is expected to grow to $51 million for the Friday, January 23, 2004 drawing.

Wall Street worry about one-year limitations on gaming licenses for the prospective owners of the Golden Nugget is expected to prompt the buyers' lawyers to ask the Nevada Gaming Commission on Thursday to extend the limitations to four years, industry insiders said.

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.