Gambling News Archives 2003

January 2003

Trio of 2003 casino openings begins tonight - Cannery kicks off trio of 2003 casino openings - 03 January 2003
After more than a year's pause in the opening of casinos in the Las Vegas area, this winter and spring will bring no less than three new gambling sites to town that are as diverse as they are far afield.At midnight tonight, the $100 million Cannery Casino Hotel will become this year's first new casino when it opens to - read more »
Lakes' plans for California casino unswayed by citizens lawsuit - 27 January 2003
Minnetonka-based Lakes Entertainment Inc. still aims to break ground on a casino near Sacramento, Calif., later this year despite a lawsuit launched to stop the process. A citizens group from El Dorado County filed suit earlier this month challenging the project on environmental grounds, according to the Sacramento Bee - read more »
Gambling: Dividend Plan May Lift Casinos - 08 January 2003
Gaming stocks stand to get a big boost from the Bush administration's proposal to eliminate federal taxes on dividends, industry analysts and insiders said Tuesday. "The proposal potentially could lead a lot of gaming companies to move toward implementing dividend policies," said Joe Greff, gaming analyst for Fulcrum G - read more »
Top UK casino, rebuffed, scraps move on rival - 11 January 2003
Britain's largest casino operator, Stanley Leisure Organisation plc, has chosen not to gamble on launching a bid for London Clubs International plc, after its smaller competitor rebuffed a preliminary approach. In early December, London Clubs International, which is burdened by a heavy debt load, had shunned the approa - read more »

February 2003

Leighton to sell stake in Star City Casino - 11 February 2003
Contractor Leighton Holdings hopes to soon sell its long-held 15 per cent stake in the management company for the Star City Casino, with casino owner Tabcorp Holdings the most obvious buyer.Leighton also revealed yesterday that while it expected to benefit greatly from a "large upswing" in non-residential and engineeri - read more »
Louisiana casino win off slightly in January - 20 February 2003
Louisiana's state-licensed casinos won $162.4 million in January, down slightly from December, as the business showed the usual seasonal pattern leading up to the traditionally big months of March and April.The 14 riverboat casinos won $128.4 million in January, compared with $133.7 million in December, while Harrah's - read more »
William Hill Announces New Casino and Poker Agreements - 25 February 2003
William Hill, the UK's leading online bookmaker, today announced new licensing arrangements with its incumbent supplier WagerLogic (a wholly owned subsidiary of CryptoLogic Inc. of Canada) and Boss Media of Sweden, the two premier software suppliers to the online gaming industry.William Hill added the WagerLogic online - read more »
Bear Stearns analyst resigns - 12 February 2003
Jason Ader, Bear Stearns Cos. casino and hotels analyst, left the No. 6 U.S. securities firm last week to explore other options, he said.Ader, ranked No. 1 by Institutional Investor magazine from 1999 to 2001 and No. 2 in 2002, will hand coverage of companies such as MGM MIRAGE and Hilton Hotels Corp. to Mark Abramson. - read more »

March 2003

Racing earnings fall to less than 50% for William Hill - 12 March 2003
For the first time in the 69-year history of William Hill, income from racing wagers accounted for less than 50% of the English bookmaking company's total earnings in 2002.Earnings from race betting represented 48% of William Hill's revenues. Competition from other sports as well as other forms of gambling, such as ele - read more »
Las Vegas Hilton sticking with convention marketing strategy - 05 March 2003
Park Place Entertainment Corp. expects to focus on driving convention business to its Las Vegas Hilton property, officials said today following an announcement that the company had settled long-standing litigation initiated after a failed deal to sell the property more than two years ago.Park Place said Monday it had s - read more »
The U.K. National Lottery Launches Online Interactive Service - 04 March 2003
Residents of the United Kingdom will be among the first in the world to purchase National Lottery tickets over the Internet, on TV and cellular phones. February 28th 2003 marked the first phase of this strategy with the launch of The National Lottery's Instant Win Games, the first product of the Lottery's fully interac - read more »
Government softens on casinos - 09 March 2003
The Government moved closer to embracing casino gambling yesterday with Prime Minister P J Patterson asking private sector leaders to provide the Administration with an analysis of the benefits it could bring to the economy."It wasn't a yes or no response," a senior Government official told the Sunday Observer as state - read more »

April 2003

Nevada results boost Harrah's Entertainment - 23 April 2003
Harrah's Entertainment Inc. today said it boosted quarterly revenue and cash flow by cutting operating expenses and increasing its ranks of loyal slot player club members.Including one-time charges, the company earned $81.1 million for the first quarter, or 74 cents per share. That compares to a loss of $6 million, or - read more »
For U.S. Casinos, Jackpot Outside Las Vegas - 23 April 2003
For U.S. casino operators looking for growth, Las Vegas has been as dry as the surrounding desert, while the heartland has proven fertile.Regional U.S. casino operators posted bumper profits on Tuesday, days after a Las Vegas-focused competitor sparked a share sell-off with a conservative outlook.Harrah's Entertainment - read more »
Catskills Still Banking On Casinos - 26 April 2003
On the final Wednesday OF Passover, men in yarmulkes and women in fur hats socialized between services and kosher meals at Kutshers Country Club, one of just a few resorts remaining in the Catskills' legendary Borscht Belt. A couple miles away, amateur harness drivers from Hungary readied their horses for the fifth rac - read more »
Canterbury casino bill narrowly passes - 03 April 2003
A bill authorizing a state-operated casino at Canterbury Park racetrack in Shakopee squeaked through the Minnesota House Tax Committee on Wednesday on a 13-11 vote.The vote came after the bill was amended so the Canterbury casino would yield more money for the state - $100 million - during the state's upcoming budget c - read more »

May 2003

Casino opponents outline strategies - 20 May 2003
While Casinos No! plans to launch a television advertising campaign to oppose an Indian casino referendum, other anti-casino groups are looking to pursue different strategies.A York County group called One Maine-No Casinos plans to staff booths at state and county fairs this summer with people who will try to persuade - read more »
Park Place Indian casino agreement reached - 13 May 2003
The Pataki administration and the St. Regis Mohawk tribe have resolved a last-minute dispute that held up the signing of an agreement to settle the tribe's land-claim lawsuit and open the way for a new casino in the Catskills, an administration official said.The Mohawks' partner in the project is Park Place Entertainme - read more »
SARS hits online and offline gambling - 05 May 2003
It is to be expected that the SARS virus scare would take its toll on offline gambling - flights between Las Vegas and Tokyo have been cut back, for instance - but now a conference on online gambling has succumbed to the virus. The Global Interactive Gaming Summit and Expo, originally scheduled for May 20-22 in Toronto - read more »
Internet gamble that really paid off - 18 May 2003
Britain is leading the world in a new type of gambling that is giving traditional bookmakers a real run for their money. Internet betting exchanges, where punters set their own odds and bet against one another, is enjoying explosive growth. And one player is out in front by a distance. Formed just three years ago, Betf - read more »

June 2003

Tribe explains casino plans - 10 June 2003
Overflowing into the hallways and out onto the patio, about 400 residents gathered Friday in Burlingame Hall on West Spain Street to hear and question the casino plans of the Federated Indians of the Graton Rancheria.Friday's meeting was the last of three sessions held throughout the county by the tribe to solicit prel - read more »
£1 POKER PLAYER WINS £290,000 - 03 June 2003
A jobless gambler is celebrating after scooping more than £290,000 by staking just £1 on a hand of poker.The Grosvenor Casino chain said Evadne Gayle landed a massive £290,684.52 jackpot after being dealt a royal flush on its national Super Stud Poker game.Ms Gayle, 50, from Birmingham, who was recently made redundant - read more »
Casino owner charged with illegal gambling - 14 June 2003
A Billings casino owner who plans to develop a multimillion-dollar entertainment complex near Rimrock Mall said Friday he will fight an allegation that he broke state law by giving gambling credit to high rollers. In a complaint filed in Yellowstone County District Court, state prosecutors say Philip Keith allowed a ca - read more »
Hostile crowd takes on tribe's casino proposal - 08 June 2003
Facing an angry audience, leaders of an American Indian tribe wrapped up their public meeting tour last night in Sonoma, where an estimated 350 people gathered to hear about the tribe's plans for a casino near Sears Point."Historically, Native Americans have been screwed royally. They have every reason to pursue econom - read more »

July 2003

Experts say gambling problems on the rise for America's youth - 14 July 2003
Whether with their friends at parties, at school or in solitude on the Internet, millions of American teens are taking up an ever-more-accessible national pastime - gambling.Much of the action is small-time - underage purchases of lottery tickets, playing cards or dice games for spare change. But experts say the long-t - read more »
The New Card Shark - 10 July 2003
When an accountant named Chris Moneymaker won $2.5 million in the World Series of Poker last May, the chatter in the poker world wasn't focused on his skillful bluffing, his tremendous luck or even the aptness of his surname. Everyone wanted to know how a man who had never before sat down at a tournament table could cl - read more »
Aladdin posts $4.9 million loss - 30 July 2003
The holding company for the Aladdin hotel-casino reported a $4.9 million loss in June, according to a U.S. Bankruptcy Court filing.Aladdin Gaming LLC, which operates the Strip hotel, said in its monthly operating report that the company took in $19.4 million in revenue and had $21.7 million in expenses for the month fo - read more »
Hesperia new casino player - 30 July 2003
Another American Indian tribe from outside the county is looking to tap into the flow of Las Vegas-bound traffic. The Timbisha Shoshone Tribe from Death Valley in Inyo County is proposing a hotel-casino at the southwest corner of Main Street and Interstate 15, Mayor Dennis Nowicki said Tuesday.The casino would provide - read more »

August 2003

Controversy erupts over former Reno casino mural - 16 August 2003
For 50 years, the giant western mural on the front of Harolds Club in downtown Reno didn't cause a stir.Now, it's a different story as the city council considers a plan to display the mural on the city's new $40 million downtown events center.Councilwoman Toni Harsh said she wants to know whether Indians are offended b - read more »
Tribe narrows Sonoma casino sites - 10 August 2003
After facing opposition to its plan to build a casino near Sears Point, the Graton Rancheria tribe has narrowed its list of alternate sites to a half-dozen locations from Marin County to Rohnert Park, according to Sonoma County officials.Officials who met with tribal representatives Friday said the tribe has dropped tw - read more »
Hard Rock Casino plans to go before Biloxi City Council - 23 August 2003
A proposal to build a Hard Rock Hotel and Casino will now go to the Biloxi City Council after city planners unanimously approved plans for the resort.The hotel and casino, which would be the Gulf Coast's 13th gambling hall, will be located on a 6.5-acre site.Along with the casino's master plan, the city Planning Commis - read more »
Park Place renews Louisiana lease - 19 August 2003
After losing an effort to get a rent break, Bally's Casino has renewed its 10-year lease for its current dockside site on Lake Pontchartrain.The riverboat's landlord, the Orleans Levee Board, had refused to consider breaks for the money-losing casino.Bally's, owned by Park Place Entertainment Corp. of Las Vegas, renewe - read more »

September 2003

Crown Casino review finds faults - 03 September 2003
Kerry Packer's Crown Casino has reportedly been found to have a string of faults with its corporate governance and compliance procedures.The Victorian Casino and Gaming Authority has criticised Crown's internal audit arrangements but has not stripped the casino of its licence, according to The Australian Financial Revi - read more »
Route 66 Casino opens Thursday - 04 September 2003
Laguna Pueblo will officially open its $60 million, Route 66-themed casino on Thursday. The 165,000-square-foot casino, located west of Albuquerque, includes 1,250 slot machines, 20 table games, a bingo hall with 750 seats, a 2,800-seat theater/entertainment/special events venue, a cabaret lounge, and multiple food, be - read more »
Kerzner plans $350 million London casino - 27 September 2003
Sol Kerzner, the founder of South Africa's Sun City gambling resort, has agreed to build a $350 million casino and hotel on the site of London's Millennium Dome, the Financial Times reported, without saying where it got the information.Kerzner International Ltd. signed an agreement in principle with Anschutz Entertainm - read more »
Stopping a casino - 30 September 2003
Who will step forward to stop the placement of a Nevada-style casino in the heart of the Bay Area? A federal appeals court's rejection of the legal arguments against the conversion of Casino San Pablo into a full-fledging gambling house has put the decision back in the hands of politicians. So far, at least, politician - read more »

October 2003

Analysts offer third quarter projections at Vegas casinos - 14 October 2003
Leisure travelers poured into Las Vegas during the summer, filling casino hotels to reverse a drop in travel after the war in Iraq, analysts said. The mid-September Oscar de la Hoya-Shane Mosley boxing match also helped, said UBS analyst Robin Farley. Americans looking to stay in the U.S. instead of flying to foreign s - read more »
In Orange County, tempers flare on do-or-die casino issue - 01 October 2003
With a month to go before the election, yard signs are disappearing and political tensions rising in French Lick.The Nov. 4 referendum on whether to allow a casino in the historic southern Indiana resort town is viewed as a "do-or-die" issue by both supporters and opponents. Tempers are hot, accusations flying.To those - read more »
Casinos have become a rip-off - 10 October 2003
Indians are the only ones who have a right to be mad. That's why I supported them with their gambling. To help their people. It started with the best of intentions, lots of guilt and a realization that American Indians were trapped in a social and economic mess. Has Indian gaming turned into a bigger mess? Casinos were - read more »
Group: Casino would disrupt labor pool - 12 October 2003
A group representing Maine's tourism industry has lined up in opposition to a proposed resort casino in southern Maine, saying the facility would exacerbate the industry's seasonal labor shortage.In urging voters to reject the $650 million casino project, the Maine Hospitality and Tourism Alliance also said the casino - read more »

November 2003

Stanley bets on gambling by numbers - 24 November 2003
Britain's biggest casino group, Stanley Leisure, said yesterday it was recovering from a series of heavy losses to high-rolling gamblers at Crockfords, its club in Mayfair, London. The group is projecting a "satisfactory" performance this time, though that will not be enough to allow it to match last year's first-half - read more »
Once casino mess is resolved, Illinois should add licenses - 16 November 2003
With the Illinois state government squeezing every last penny till it squeaks, the legal logjam over the 10th casino license, frozen up by the Emerald imbroglio, is particularly maddening, considering the hundred million dollars or so it is costing the state in unearned revenues. At this point, any resolution would be - read more »
Here Come the Casinos - 30 November 2003
Some members of the Maryland legislative committee studying gambling issues were "visibly startled," The Post's Craig Whitlock reported, when the chairman of the Maryland Stadium Authority appointed by Gov. Robert L. Ehrlich Jr. (R) proposed a big, fat horse racing and gambling emporium for Baltimore's Inner Harbor. Di - read more »
Racing and Gaming passes gambling issue to Legislature - 23 November 2003
Competing pro-gambling groups in Black Hawk County plan to mount a full-court press with local lawmakers to encourage the Iowa Legislature to break a regulatory logjam on the issuance of new state gaming licenses."We're disappointed, but we're not discouraged," Don Hoth, co-organizer of the Black Hawk County Gaming Ass - read more »

December 2003

Betfair and GamCare in ground-breaking new initiative - 13 December 2003
By the end of March 2004 all Betfair's customer-facing staff will be “GamCare qualified and registered”. The scheme, modeled on the FSA examinations required of all those who work in the financial markets, will see all of Betfair's customer-facing staff attending seminars and workshops run by GamCare and sponsored by B - read more »
California tribe buys historic hotel - 06 December 2003
The Sycuan Band of Kumeyaay Indians has purchased the U.S. Grant Hotel, a 93-year-old hotel that has played host to presidents and celebrities.The San Diego County tribe took over the 284-room hotel Wednesday from Wyndham International for $45 million. The Dallas-based hotel chain paid $29 million for the property 2 1/ - read more »
Some see a jackpot in Phila. slot parlors - 13 December 2003
Developers are already expressing interest in licenses for two slot-machine parlors that could be located in Center City under the terms of a gambling bill now being negotiated by legislators in Harrisburg.Legislative leaders are trying to finalize a bill and might bring it up for a vote as early as Tuesday.Earlier thi - read more »
Hollywood Casino to sponsor Liberty Bowl - 04 December 2003
Hollywood Casino is placing its bets on a long-running Memphis tradition, the AXA Liberty Bowl Football Classic. This year's is the 45th, and on New Year's Eve Conference USA champs Southern Mississippi will face off against Mountain West champs Utah. Hollywood Casino will be a sponsor of this year's Classic, to be hel - read more »