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Archive 2007: 8th - 14th August

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Tuesday, 14th August

Las Vegas Yahoo/Business Wire/Reuters & AP

Progressive Gaming Announces $31 Million Strategic Financing

Progressive Gaming to privately place 6.9 mln shares

Progressive Arranges $31M Financing

www.progressivegaming.net

Gaming Investments
Eased Macau Rules Lift Casino Stocks - TheStreet.com
Gaming Partners Falls As Analyst Downgrades Stock on Asian Competition Concerns - Yahoo/AP

Las Vegas & Atlantic City Gaming Wire-LVR-J
Casino security: With arrest, a career dangles

Interesting story on the Steve Forte case. It appears that he's been found guilty on gambling related charges on two previous occasions, one in New Jersey and the other in Nevada.

www.steveforte.com
www.youtube.com/watch?v=sbY9VA1riEM - Steve Forte and the Four Kings on YouTube.

Macau & Hong Kong International Herald Tribune/AP
Macau leader denies stake in tycoon's casino empire
Macau leader denies casino claim - BBC
Macau's casino chief has shares - Sydney Morning Herald
http://en.wikipedia.org/wiki/Edmund_Ho

California The Press-Enterprise
Suspect in casino heist says he was 'pawn'

Las Vegas Yahoo/AP - Ryan Nakashima
Shareholders Approve $5.4 Billion Takeover of Station Casinos
www.stationcasinos.com
http://finance.yahoo.com/q?s=STN

Detroit Yahoo/AP
Will Casinos Help Put Detroit on Tourist Map?

U.S. USA Today
Cities gamble on casinos for tax revenue

North Carolina Yahoo/AP
PokerTek Posts Steeper Loss in 2Q on Higher Expenses

U.S. Quarterly results
PokerTek Announces Results for Second Quarter
www.pokertek.com
http://finance.yahoo.com/q?s=PTEK

Gaming Partners International Reports Financial Results for Second Quarter
www.gpigaming.com
http://finance.yahoo.com/q?s=GPIC

Gateway Casinos Income Fund Reports Second Quarter Fiscal 2007 Results
www.gatewaycasinosincomefund.com
http://ca.finance.yahoo.com/q?s=GCI-UN.TO

additional news...
Magna Falls As It Shelves Some Racetrack Plans - No more horse racing in Austria.
Crime up around casinos - Pennsylvania
Methodists welcome crackdown on gambling ads - Inspire Magazine
Gambling advertisements are bad news for good causes
Call for higher age limits for gambling - Finland

Monday, 13th August

Austria & South Africa Bloomberg, Reuters & Orf.at

Gold Reef May Receive 9.83 Billion-Rand Takeover Bid

Gold Reef says in exclusive $1.4 bln buyout talks

Riesen-Deal für Casinos Austria?

Casinos Austria: Jackpot in Südafrika - Die Presse

www.grcresorts.co.za

Las Vegas Las Vegas Sun
Jeff Haney on an unfortunate trend in sports betting on the Strip

London The Guardian
Virtual racing claims 17% of betting on horses
www.inspiredvirtual.com/home.aspx
www.inspiredgaminggroup.com
http://uk.finance.yahoo.com/q?s=INGG.L

London & Manchester Yahoo/Reuters
Report says BetFred considers IPO
www.betfred.com
www.betfredmedia.com

Las Vegas & Atlantic City United Press International
Casinos reluctant to gamble on consultants - The Steve Forte episode.

Merv Griffin death
NORM: LV had place in Griffin's heart - LVR-J
Merv Griffin, singer, game show creator, businessman, dies at 82 - AP
Merv Griffin leaves an entertainment empire - USA Today
http://en.wikipedia.org/wiki/Merv_Griffin

New Zealand New Zealand Herald
Organised crime has a finger in poker machine industry as well as casinos

Las Vegas Las Vegas Sun - Jeff simpson & Liz Benston
Jeff Simpson notes that earlier predictions didn't factor in tougher lending standards
LOOKING IN ON: GAMING - Foreigners hungry for high-priced Strip condos

additional news...
Justice for ripped-off Australians - Lottery and Foreign cash scams.
Gambling changes warning for pubs - UK.
Gambling laws to hit humble fruit machine - UK. www.licensinglawyers.co.uk
Our gambling problem - Trinidad & Tobago. Columnist opinion.
Finnish social ministry would raise gambling age limit
Resorts set for Mexico - Ad Valora

Sunday, 12th August

Macau Australian Sunday Telegraph

Packer's giant gamble in Macau

"There is hardly anyone playing. There are roughly 140 tables spread over five floors in the non-VIP area and maybe 150 customers all up. The punters are easily outnumbered by dealers, waiters and other staff. The top floor is almost deserted."

www.crown-macau.com

www.pbl.com.au

Wichita, Kansas City Kansas.com/Wichita Egle
After slots loss, Ruffin moves to next deal
www.ruffinco.com

London The Independent
William Hill Casino relocates ahead of advertising ban
www.willhill.com

London & Israel Reuters.com
Playtech pursuing European takeover
www.playtech.com

West Virginia Charleston Daily Mail
Table games passes by razor thin margin

Euomillions Lottery The Scotsman
£35.4m lotto win still to be claimed
www.euromillions.be
http://en.wikipedia.org/wiki/EuroMillions

additional news...
Elvis Inc., Enjoying A Sweet Hereafter

Saturday, 11th August

Las Vegas LV Business Press

MGM Mirage, Wynn report robust second quarters

UK food giant is ready for Las Vegas invasion

U.S. Casinos - State Revenue Reports
Nevada Casinos Win Record $12.7 Billion in Fiscal 2007 - Las Vegas Sun/AP
St. Louis casinos report weak July revenue - St. Louis Business Journal
July Revenue Declines For Atlantic City Casinos - WCBSTV.com

"Slot machine winnings were down in all but three of the resort’s 11 casinos, but table game revenues were up in 10."

Saskatoon, Saskatchewan CBC.ca
Saskatchewan's largest First Nation-owned casino now open
http://whitecap.myabitat.net/index.php

London Guardian & Daily Mail
Minister gives gambling websites free rein to advertise in Britain
'Sham' of Internet gambling crackdown

Leeds Yorkshire Evening Post
Benefits boss in £120,000 con - Slot machine addiction.

additional news...
Lawyer says accused Caesars casino shooter wrongly portrayed
Casino Robber Caught with 'Cheesy' Wig

Friday, 10th August

Atlantic City Philadelphia Inquirer

Tropicana casino president dismissed - Fred Buro had slashed more than 1,000 jobs

www.tropicanacasinos.com

www.columbiasussex.com

Connecticut Hartford Courant
Mohegan Sun Caters To Asian-Americans Customers

Taiwan Yahoo Singapore/Asia Pulse
No Casino Opening Until Consensus Reached: Taiwan Gov't

Dublin, Ireland InvestEgate.co.uk
Cryptologic Limited - CRYPTOLOGIC SHOWS GROWTH IN Q2

Macau China View/Xinhua
Macao's casino taxes see year-on-year rise in 1st half - Up 49%.

Britain: Gambling advertising codes
Gambling ads on TV 'will fuel addiction', warn top doctors - Daily Mail
Internet gambling adverts 'recipe for disaster' - Daily Telegraph
Gambling with the future - Telegraph editorial
www.rcpsych.ac.uk - The Royal College of Phychiatrists
www.rcpsych.ac.uk/pdf/Sub%20Aug%2007.pdf

Overseas gambling websites to be banned - The Scotsman
New law bans ads on 1,000 gambling websites - FT.com
Government pushes gambling industry into forming new body - Marketing Week

London Daily Telegraph & The Times
High-rollers plug gaps for Ladbrokes
Ladbrokes to return £250m to shareholders after record operating profit
http://investors.ladbrokesplc.com

Nottingham ThisisNotingham/Evening Post
Man guilty of bookies raid

London CatererSearch.com
Casinos set to compete with restaurants

Lima, Peru Yahoo Canada/Market Wire
Chilco River Holdings, Inc. Announces Peru Gaming Show Plans
www.chilcoriverholdings.com
www.perugamingshow.com

Colorado Springs, Colorado Yahoo/PRNewswire
Century Casinos Reports Second Quarter 2007 Earnings
www.centurycasinos.com
http://finance.yahoo.com/q?s=CNTY

additional news...
Stuart woman says she was swindled by man she met at casino
Masked gunman robs Butte casino - Montana
Daly comes up aces at PGA after rigorous preparation at casino

Thursday, 9th August

New York Yahoo/AP

Dow Sinks 387 on Renewed Credit Concerns

http://finance.yahoo.com/q?s=%5EDJI - The Dow fell 387 points (2.83%) to 13,270.

Las Vegas Yahoo/PRNewswire
Card Player Media and World Poker Tour(R) Ink Exclusive Agreement for WPT Tournament Coverage
www.cardplayer.com

London Yahoo/Reuters
Ladbrokes pretax profit slips

London DCMS - Press release
One thousand gambling websites face advertising ban

"Sites such as William Hill Casino, Betfred Casino and Poker, Interpoker.com and Littlewoodscasino.com are all currently based in non-white listed jurisdictions."

Advertising Ban For Gambling Firms - BBC
Gambling websites face advert ban - Sky News

"Gambling sites operating from the EU, Iceland, Liechtenstein, Norway, Gibraltar, the Isle of Man, Alderney and other white-listed countries will still be allowed to advertise in the UK."