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Online Casino News for Saturday - January 31, 2004

More Online Casino News
• Sebelius views Kansas as great casino location
• Recent Indian decision concerns Connecticut
• Tribe discloses its casino offer
• Rincon strives for December launch of $165 million hotel development
• Penn National validates casino license proposal
• Snowbirds crowd casinos' coffers
• Gambling stocks see January hike; gauge outpaces greater indexes
• Video poker sign measure clears House
• Gaming Board keeps bid details secret
• Sebelius suggests project for 5 new casinos
• Illinois could be first to acquire casino
• Competition sneaks up on Atlantic City casinos
• NBC watching Trump card
• Revenue official retires abruptly
• Legislation needs Indian casino authorization
• Casino proposal gives state ownership
• Penn Gaming reveals intentions for Emerald Casino
• Slots advocates see bonus in licenses
• A Bad Bet
• Rendell to create his own gambling bill to authorize slots, racetracks in the state
• Legislators Promise to Finance Thornton Program
• 240 workers laid off at casino
• Video Slot Games Show Up in Retail Stores
• Ricci's son sues over estate, as well as track operation
• Tribes to include additional development to Okla. casinos
• A.C. casinos ready for biggest celebration
Online Casino News
Gaming Board keeps bid details secret - 2004-01-31
The plot appeared to thicken in the proposals for the state's open casino license Friday, as the Illinois Gaming Board refused to release specific data on the bids in play. But one player is offering a package of over $700 million to buy the license and then essentially donate it to the state.

Meanwhile, Wyomissing, Pa.-based Penn National Gaming stated Friday it had bid $350 million for the Emerald Casino license with a promise to sell it to the state for $1 in exchange for management rights of 10 percent of net revenues...
Read the full story at The News Sun
 
Sebelius suggests project for 5 new casinos - 2004-01-31
Gov. Kathleen Sebelius proposed Friday to permit up to five "destination casinos" across the state. She also seeks to permit pari-mutuel tracks like Wichita Greyhound Park to install video lottery terminals, much like slot machines. A total of 2,500 would be approved statewide, with most likely going to the Wichita track and The Woodlands in Kansas City.
Constituent authorization would be needed for the casinos but not the tracks.
Read the full story at Wichita Eagle
 







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