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Online Casino News for Monday - February 16, 2004

More Online Casino News
• Casino firm craps out in La.
• BLM wants casino to cash out
• Talk of new Conn. casino sparks traffic worry
• Federal programs out of reach of Schaghticokes - for now
• Poker Draws A Full House
• Snohomish letting things go too far
• States in region seen competing for slots money
• New casino to boost Klerksdorp economy
• Locations of casinos up for vote
• S. Florida native gives Florida Follies showgirls that Ziegfeld look
• Allure of owning casino should be rebuffed by state
• U.S. inquiry threatens power of prominent Illinois lobbyist
• Nipmucs worry council
• Woman shot to death, boyfriend hurt
• I-Team: De Jope Referendum
• Boston museum under fire for 'renting' Monets to Las Vegas casino gallery
• Dane County See Millions If Voters Pass Casino Referendum
• Order Imperils Proposed Casino
• Casino Location Conflict
• Orchestra Celebrates Black History At Canfield Casino
• Proposal Targets Casino Revenues
• Lawmakers Mixed On Casino Plan
• Track manager hopeful
• Throwing Dice In Class
• State Explores Gambling Pacts
• Expand Table Games
• Vacationers offered mix of activities by concierge service
• Blagojevich targets business tax 'loopholes'
• Olympic glory birthed in Miss.
• Merchants OK with preaching downtown, but not volume
• The biz: SkyCity looks at taking a gamble on the Ghan
• Las Vegas hotelier eyes luxury lodge opportunity near Queenstown
Online Casino News
Casino firm craps out in La. - 2004-02-16
The highest bidder for Illinois’ 10th casino license is in default on debt on a Louisiana casino.

Since obtaining Hollywood Casino Shreveport in its purchase of Dallas-based Hollywood Casino Corp. last year, Penn National Gaming Inc. has refused to make mortgage payments on the casino. The company claims that the casino doesn’t generate enough money to cover payments on the $189-million debt. So far, Penn has missed about $25 million in payments.

That’s angered bondholders. And now, Penn is counting on Wall Street’s support to finance its bid to purchase Emerald Casino Inc.’s dormant license in Illinois and for construction of a casino and hotel in Rosemont.
Read the full story at Crain's Chicago Business
 
BLM wants casino to cash out - 2004-02-16
On a wish list that contains ranches, creeks, canyons and basins, it sticks out like a tourist.

It's the Hacienda Hotel and Casino on U.S. Highway 93 near Boulder City, and it's on the Bureau of Land Management's proposed list of environmentally sensitive lands that could be bought by the government towards the end of this year.

So what is so sensitive about land now being used as a hotel, a casino, a gas station and a helipad?
Read the full story at Las Vegas Review-Journal
 







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2012-02-08