December 2006 News Article Archive

« Year 2006 Summary


PartyGaming to buy Empire, Intercontinental Online - 29 December 2006
Britain's PartyGaming said on Friday it was buying the Internet gambling operations of smaller rivals Empire Online and Intercontinental Online Gaming for $66.3 million in shares.PartyGaming said it expected Empire's Web sites, including NoblePoker.com and Clubdicecasino.com, to generate core profit of more than $6 mil - read more »

Lake County hopes casinos pay out more taxes - 25 December 2006
Lake County officials have hired consultants to try to extract more property taxes out of area casinos, an effort being met with resistance from riverboat operators.County Commissioners voted this week to pay Parker Poe Adams & Bernstein LLP, a Charlotte, N.C.-based law firm, $800,000 for work in this and next year and - read more »

Asian Poker Classic the Main Draw for Goa in 2007 - 22 December 2006
The biggest event set to be held in Goa over the next year will, officially, be the inaugural Asian Poker Classic from March 1-5 2007.The Asian Poker Classic (APC) is the first professional poker tournament to be held in India. It will be sponsored by gaming site MaharajahClub.com and offer one of Asia's richest ever p - read more »

Penguins to Focus on Deal With Casino - 19 December 2006
Penguins owner Mario Lemieux called a deal to sell the team to a Canadian billionaire "unequivocally" dead and said Monday he is trying to reach a deal with a casino that promises to build an arena for the financially struggling club. Isle of Capri has said it will build a $290 million facility for the Penguins to repl - read more »

Isle casino lays off 200 employees - 19 December 2006
The Isle of Capri has laid off about 200 employees due to a slowing seasonal business and the lingering effects caused by the U.S. 90 bridge being out since Hurricane Katrina, the casino's general manager said."We still have more employees than we had prior to the storm," said general manager Bill Kilduff. "But we have - read more »

Purple Lounge Poker Heads Down Under for Aussie Millions Player Qualifies for Seat at the Aussie Millions Poker Championship - 16 December 2006
Purple Lounge is delighted to announce that another winner has struck success at its tables and has qualified for one of the coveted Aussie Millions packages. Purple Lounge players are no strangers to winning, with two players recently winning special prizes for being dealt cards in the billionth hand on the Prima netw - read more »

Casino adopts Caesars name - 16 December 2006
In an aggressive drive to win back American customers, Casino Windsor will become Caesars Windsor, adopting the most recognized brand in gambling and becoming the first Caesars casino outside the United States.Harrah's Entertainment, which operates Casino Windsor with Hilton Hotels as well as Caesars casinos throughout - read more »

Singapore Bets on Genting - 11 December 2006
Move over Macau. It's now Singapore's turn to create some buzz in the global gambling business. On Dec. 11, the shares of Malaysia's Genting Berhad (GEBHY) shot up as high as 22% to 35.75 ringgit ($10.2) during trading in Kuala Lumpur after Singapore awarded the casino operator and entertainment concern the rights to b - read more »

Protesters arrested outside gambling board headquarters - 11 December 2006
Eighteen people were arrested Monday during a nonviolent protest outside the headquarters of the Pennsylvania Gaming Control Board.The activist group Casino Free Philadelphia organized the event to draw attention to its claim that the board has not released sufficient information about the slots parlors that could be l - read more »

Entrepreneur gambles, wins at Video Gaming - 11 December 2006
As a sophomore at Tennessee Tech in 1977, Jon Yarbrough turned his love for foosball into a business, placing a game table he had bought inside a Cookeville pool hall in return for a share of the profits.Thirty years later, he leads one of the United States' fastest-growing private companies, which has grown by leasing - read more »

It May Not be the End of Online Gambling - 07 December 2006
The US did pass the Safe Port Act, which intends to limit online gambling, making it all the more difficult for gamers in the US to paddle away at online poker, but it didn't bring forth the end of the world.Yet, Lawrence Walters, an attorney who specializes in online gaming laws says the addendum to the Act doesn't cl - read more »

Bimini Bay Resort + Casino Opens in Fishing Capital of the World: Caribbean Hideaway Reels in Discerning Travelers - 07 December 2006
The historical island of Bimini has more to brag about beside sparkling blue water and world-class fishing. Introducing the first upscale resort community to break ground in Bimini, Bimini Bay Resort + Casino lies 48 miles off the coast of South Florida, now on the map as a premier destination and lucrative real estate - read more »

Station Casinos Gets $4.7B Buyout Bid - 05 December 2006
Private equity bidders extended their shopping spree for casino companies Monday as Station Casinos Inc. said it received a $4.7 billion buyout offer from its founding family and an affiliate of Colony Capital LLC. The $82-per-share offer for the Las Vegas-based neighborhood casino operator, backed by chief executive F - read more »

Ameristar Casino will donate $2 million for Riverfront Trail - 05 December 2006
Ameristar Kansas City Casino and Hotel has agreed to donate $2 million to help complete the Riverfront Heritage Trail bicycle and walking path along the Missouri River.The donation is part of a new five-year development agreement between the casino and the Kansas City Port Authority approved unanimously by the city age - read more »

Online Gambling's Largest Research Initiative to Publish in January - 05 December 2006
eCOGRA (eCommerce and Online Gambling Regulation and Assurance) www.ecogra.org, the online gambling industry's player protection and standards authority, announces that it will launch its much anticipated Global Online Gambler Report at ICEi. The press conference will be held at 1030 hrs on Tuesday January 23rd at Earl - read more »