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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
Casinos takes chance on full house - 2004-02-09
Hollywood North could soon be Las Vegas North as two new Lower Mainland waterfront casinos ready for May debuts.

Great Canadian Gaming Corporation is spending $150 million to re-construct the former Bridgepoint Market on the shores of the Fraser River close to the Oak Street Bridge in Richmond to accommodate 600 to 950 slot machines and 50 to 75 gambling tables, 5 restaurants, a health club and marina.
Read the full story at Business in Vancouver
 
Las Vegas Casino Owner Pinnacle Entertainment Discloses Broader Quarterly Loss - 2004-02-09
Pinnacle Entertainment, a Las Vegas casino owner, announced this week that its fourth-quarter loss widened in comparison to one year prior.
In a statement, Pinnacle reported its net loss was $8.6 million, or 34 cents per diluted share, for the three months ended Dec. 31, broader than the loss of $6.7 million, or 26 cents per share, a year earlier.

The company stated that the latest quarter featured a charge of $7.1 million for early debt extinguishment, in part offset by a $1 million reversal of litigation reserves that were seen as unnecessary.
Read the full story at Miami Herald
 







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