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Online Casino News for Wednesday - March 24, 2004

More Online Casino News
• Senate committee declines new bid to include casino riverboats
• Iowa Senate President places burden on gambling
• Committee retains moratorium contesting new casino licenses
• UK gamblers head to Casino GB
• Pack your backs! Reno companies show their colors
• Indian gambling office leader encourages cap on casino payments to states
• Ex-prosecutor will supervise license investigation
• Casino, Slot Manufacturer Stocks Up
• Strawberry Stakes Casino prepared for April 9
• Pitch for $211 million tax bill gets cool reception
Online Casino News
Ex-prosecutor will supervise license investigation - 2004-03-24
The chairman of the Illinois Gaming Board stated Wednesday he had asked federal prosecutors to review the board’s ruling to grant the state’s 10th casino license to Isle of Capri Casinos, the Mississippi-based gaming company with roots in the Quad-Cities.

Gaming Board officials stated Rosemont was selected for its proximity to O’Hare International Airport, the region's abundance of hotels and restaurants, and, in part, to evade a $45 million lawsuit filed by the city over its losses related to the Emerald casino.
Read the full story at Quad City Times
 
Casino, Slot Manufacturer Stocks Up - 2004-03-24
Investors ruled to take a gamble on casino stocks Wednesday, as analysts indicated positive trends in Las Vegas and raised earnings calculates on some names in the group.

He added in his Tuesday memo that demand should force casino play and lead to an 8 percent to 10 percent first-quarter increase in revenue per vacant room at Las Vegas Strip hotels.
Read the full story at KOLO
 







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