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Online Casino News for Monday - February 9, 2004

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• LV company appear to be convening with Macau tycoon
• Vegas-based Boyd Gaming to purchase Coast Casinos
• One-time mobster cautions about effects of gambling's
• Atlantic City casinos get new look with younger gamblers
• Rendell project could place slots in Poconos
• Gov.'s gambling project is a sad bet for majority of community
• Casino tax could offer some aid
• A state-owned casino could expand profits
• 40 Caught In Banting Casino
• Kirwan insists abandon property tax to finance education
• Pubs Require Pokies To Make Money
• From casinos to cruises, seniors are hard to track down
• Casinos takes chance on full house
• Las Vegas Casino Owner Pinnacle Entertainment Discloses Broader Quarterly Loss
• In praise of casino pessimism
• Legislators divided over expansion
• From Illinois to Trump Casino
• N.J., casinos bargaining for track agreement
• No parole for two killers
• Boyd to purchase Coast Casinos in $1.28bn agreement
• HK's Shun Tak claims no association with MGM casino venture
• Harrah’s to launch women’s gambling site from UK
• Anecdotal Data Directed At Gambling's Increased Role in Wisconsin Bankruptcies
• Foxwoods takes a gamble on new ad campaign
• Casino Funds Pending For California Counties
• Lopez And Affleck's Casino War
• Legislator pushes for BIA investigation
• Aboriginal students receives grants for excellence
Online Casino News
No parole for two killers - 2004-02-09
A 72-year-old mother whose son was shot to death in Las Vegas in the middle of a home burglary declared that she's happy the killer has been denied parole.

The parole board revealed Friday it had declined the pleas for release from Allen and Frank LaPena, who was convicted of conspiring the killing of the woman of a Las Vegas casino executive.
LaPena's girlfriend Rosalie Maxwell was employed at Caesars Palace and romantically involved with Marvin Krause.
Read the full story at Las Vegas Sun
 
Boyd to purchase Coast Casinos in $1.28bn agreement - 2004-02-09
Boyd Gaming, one of the biggest gaming businesses in the US, is to purchase Coast Casinos in a deal valued at $1.28bn. The agreement will offer Boyd increased firepower to compete with larger US gaming rivals like MGM Mirage and Harrah's Entertainment.

Under the deal, shareholders in Coast Casinos will be compensated about $495m in cash and $325m in Boyd shares. Boyd will also take on about $460m of the group's debt. The deal creates a business with 17 casino properties, such as the Stardust and Main Street Station developments in Las Vegas.
Read the full story at ATE Online
 







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