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Online Casino News for Monday - March 8, 2004

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Online Casino News
Station Casinos "overweight," cost increased - 2004-03-08
Analyst William J Lerner of Prudential Financial reiterate his "overweight" rating on Station Casinos (STN), as he raised his estimates for the business. The target price has been increased from $44.00 to $46.00.

In a research memo published on March 5, the analyst mentions that the company revealed a Native American casino management agreement with North Fork Rancheria in Madera County, California.
Read the full story at New Ratings
 
Prime Minister intended to back Eilat casino - 2004-03-08
Hebrew daily “Yediot Ahronot” reports that a casino will debut in Eilat within 18 months, at the recommendation of Prime Minister's Office director-general Avigdor Yitzhaki. Prime Minister Ariel Sharon is intended to endorse the plan and the Ministry of Finance also backs building a legal casino in Eilat.

Pressure has been rising lately to build a legal casino in Israel, due to the popularity of illegal gambling and the flood of Israelis to casinos internationally, including at Taba, in Sinai, outside Eilat.
Read the full story at Globes Online
 







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2008-11-22