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Online Casino News for Thursday - February 24, 2005

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• Indian Casinos Grow, But Vegas Keeps Pace
• Australia's PBL first-half profit rise capped by casinos
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Indian Casinos Grow, But Vegas Keeps Pace - 2005-02-24
U.S. Indian casino revenue overtook Nevada's for the first time last year, but the Strip is unlikely to give up its place as America's gambling mecca.

"At a fundamental level, we recognize that Vegas is Vegas. You cannot recreate it," Mark Macarro, chairman of the Pechanga tribe, which operates a casino about 90 miles southeast of Los Angeles, said this week at the Reuters Hotels and Casinos Summit
Read the full story at Reuters
 
Australia's PBL first-half profit rise capped by casinos - 2005-02-24
Publishing and Broadcasting Ltd said its first-half earnings rose 24%, but the Australian media and gaming company missed market forecasts after its casinos won a lower proportion of bets by wealthy gamblers.

Investors were also worried PBL's Nine television network could lose its ratings lead this year after rival Seven Network drew record viewers for a new series with Desperate Housewives and Lost.
Read the full story at Stuff.co.nz, New Zealand
 







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