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Online Casino News for Wednesday - January 28, 2004

More Online Casino News
• With Slots Included, Racing Is Horse of Different Color
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• Initiative Could Provoke Greater California Gaming
• Pennsylvania Gov. Makers New Slot Sell
• Connecticut casinos looks at other states
• An increase in tax demanded for tourism
• Governor rejects casino tax, track slots
• Casino Mogul Has Difficult Road Ahead For Chrysler Takeover
• Five-star hotel on board for Kings Dock
• Gambling Bill schedule is ‘all speculation’
• Rendell proposes his third slot-machine agenda
• Agreement wanted on gaming debate
• International Poker Tour Continue To Generate Growth
• Ho-Chunk earnings, featured services deemed a wash
• Hate speech on Indians and casinos undeserved
• State earnings slightly under budget predictions
• This is no ‘Mirage’
• Lottery, casino business on Alabama border
• Aladdin chiefs content despite $4.1 million loss
• MGM Mirage Witnesses Rise In Casino Profits
• Mirage to Purchase Gaming Company Wembley
• Electors in Iowa region greenlight riverboat casino project
• Senator expects to forge ahead with Internet gambling bill again
• Ontario to introduce first phone counselling for bettors
• 'Mass Chaos' Emerges as NYC's First Racino Launches
• Nebraska Governor Contests Gambling Development
• Video slots show up in convenience store
• Pennsylvania gov. attempts another slot machine plan
• VLT's Make Glitzy Debut In NYS
• WMS Businesses Looks Into U.K. Jackpot
• Busch insists Md. should have slots parlors
• Nation continues running up a tab
• Governor backs off casino tax, track slots
• Coaching state legislators in Budget 101
• $490M proposal to purchase Wembley
Online Casino News
MGM Mirage Witnesses Rise In Casino Profits - 2004-01-28
Profit increased twofold for gambling giant MGM Mirage in the recent quarter, bolstered by strong visitor levels and guest spending at its casinos.

Earnings rose around 6 percent to $1.08 billion from $1.02 billion, due to powerful casino earnings in all markets and a rise in spending by guests in non-gaming regions.
Read the full story at Miami Herald
 
Mirage to Purchase Gaming Company Wembley - 2004-01-28
MGM Mirage, one of the largest casino companies in the United States, agreed yesterday to buy Wembley plc, the British parent of Lincoln Park, for an estimated $490 million.

The deal also offers MGM, one of the best-known casino managers in the United States, a foothold for expansion in England. MGM, which owns the Bellagio casino and New York-New York in Las Vegas, will control Wembley's six greyhound racing tracks in the United Kingdom when the acquisition is done.
Read the full story at Miami Herald
 






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