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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
Penn Gaming reveals intentions for Emerald Casino - 2004-01-31
Penn National Gaming, which owns and runs Penn National Race Course and Charles Town Races, disclosed plans on Friday to buy the bankrupt Emerald Casino Inc. and build a new casino that would be transferred to the state of Illinois at opening and operated by Penn National in the Chicago suburb of Rosemont.

Following the completion of the merger and regulatory authorization by the Illinois Gaming Board, Penn National would establish a $255-million casino entertainment complex in Rosemont, including a 200-room hotel.
Read the full story at Thoroughbred Times
 
Slots advocates see bonus in licenses - 2004-01-31
Bidders looking to run a casino in the Chicago area have offered to pay Illinois an average of $300 million for the license, prompting critics of Gov. Robert L. Ehrlich Jr.'s slot machine proposal to say Maryland should operate an equivalent auction.

Illinois solicited bids for a license left dormant by a bankrupt casino and had seven offers, with an average value of $300 million in cash, the Illinois Gaming Board disclosed yesterday.
Read the full story at Sunspot
 







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