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Online Casino News for Wednesday - January 28, 2004

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• 3rd submission of initiative on gambling
• With Slots Included, Racing Is Horse of Different Color
• Initiative Could Provoke Greater California Gaming
• Summit announces proposed casino location
• Connecticut casinos looks at other states
• Pennsylvania Gov. Makers New Slot Sell
• Governor rejects casino tax, track slots
• An increase in tax demanded for tourism
• Five-star hotel on board for Kings Dock
• Casino Mogul Has Difficult Road Ahead For Chrysler Takeover
• Rendell proposes his third slot-machine agenda
• Gambling Bill schedule is ‘all speculation’
• International Poker Tour Continue To Generate Growth
• Agreement wanted on gaming debate
• Hate speech on Indians and casinos undeserved
• Ho-Chunk earnings, featured services deemed a wash
• This is no ‘Mirage’
• State earnings slightly under budget predictions
• Aladdin chiefs content despite $4.1 million loss
• Lottery, casino business on Alabama border
• Mirage to Purchase Gaming Company Wembley
• MGM Mirage Witnesses Rise In Casino Profits
• Senator expects to forge ahead with Internet gambling bill again
• Electors in Iowa region greenlight riverboat casino project
• 'Mass Chaos' Emerges as NYC's First Racino Launches
• Ontario to introduce first phone counselling for bettors
• Video slots show up in convenience store
• Nebraska Governor Contests Gambling Development
• VLT's Make Glitzy Debut In NYS
• Pennsylvania gov. attempts another slot machine plan
• Busch insists Md. should have slots parlors
• WMS Businesses Looks Into U.K. Jackpot
• Governor backs off casino tax, track slots
• Nation continues running up a tab
• $490M proposal to purchase Wembley
• Coaching state legislators in Budget 101
Online Casino News
$490M proposal to purchase Wembley - 2004-01-28
Gambling titan MGM Mirage has proposed $490 million cash to buy Wembley PLC, the London-based gaming company whose assets include four Colorado racetracks.

Greg Feehley at Altium Securities stated MGM has been looking at the United Kingdom for the past year as a potential growth market as the government heads to lift limits on slot-machine payouts and end rules that make it mandatory for gamblers to be club members.
Read the full story at Rocky Mountain News, CO
 
Coaching state legislators in Budget 101 - 2004-01-28
One of the strongest people in this community is so boring you could fall asleep hearing him speak about his work. That's when he unveils his dry sense of humor, finding new methods to say things to keep even himself from being bored.

Deschenaux undoubtedly enjoys his job. Where the dissatisfaction arrives, he explains, is regarding the failure of anybody to act, to pick something to end the spiral. New taxes, slot-machine revenues, additional cuts - there are lots of solutions.
Read the full story at Baltimore Sun, MD
 







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2008-12-02