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Online Casino News for Saturday - March 6, 2004

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• Offer endangers Horseshoe purchase
Online Casino News
State unemployement rate dips in January - 2004-03-06
Nevada's seasonally adjusted jobless rate dipped to 4.5 percent in January, down from 4.7 percent in December and 5.2 percent one year ago.

The casino-related leisure and hospitality trade had a monthly drop of roughly 2,200 workers; construction was down 2,100; financial activities hiring was down 600; and education-health services was down 100.
Read the full story at Las Vegas Review-Journal
 
Offer endangers Horseshoe purchase - 2004-03-06
Lawyers were scrambling late Friday night to save the proposed purchase of Binion's Horseshoe to MTR Gaming Group and the World Series of Poker to Harrah's Entertainment.

The three-way agreement calls for Harrah's to purchase the Horseshoe brand name and the World Series of Poker competition from Behnen, while MTR purchases the hotel-casino and the Binion name. As part of the settlement, Harrah's has agreed to run the downtown property for one year with a one-year option and two six-month options to extend that deal.
Read the full story at Las Vegas Review-Journal
 







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