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Online Casino News for Saturday - January 31, 2004

More Online Casino News
• Recent Indian decision concerns Connecticut
• Sebelius views Kansas as great casino location
• Rincon strives for December launch of $165 million hotel development
• Tribe discloses its casino offer
• Snowbirds crowd casinos' coffers
• Penn National validates casino license proposal
• Video poker sign measure clears House
• Gambling stocks see January hike; gauge outpaces greater indexes
• Sebelius suggests project for 5 new casinos
• Gaming Board keeps bid details secret
• Competition sneaks up on Atlantic City casinos
• Illinois could be first to acquire casino
• Revenue official retires abruptly
• NBC watching Trump card
• Casino proposal gives state ownership
• Legislation needs Indian casino authorization
• Slots advocates see bonus in licenses
• Penn Gaming reveals intentions for Emerald Casino
• Rendell to create his own gambling bill to authorize slots, racetracks in the state
• A Bad Bet
• 240 workers laid off at casino
• Legislators Promise to Finance Thornton Program
• Ricci's son sues over estate, as well as track operation
• Video Slot Games Show Up in Retail Stores
Online Casino News
Slots advocates see bonus in licenses - 2004-01-31
Bidders looking to run a casino in the Chicago area have offered to pay Illinois an average of $300 million for the license, prompting critics of Gov. Robert L. Ehrlich Jr.'s slot machine proposal to say Maryland should operate an equivalent auction.

Illinois solicited bids for a license left dormant by a bankrupt casino and had seven offers, with an average value of $300 million in cash, the Illinois Gaming Board disclosed yesterday.
Read the full story at Sunspot
 
Penn Gaming reveals intentions for Emerald Casino - 2004-01-31
Penn National Gaming, which owns and runs Penn National Race Course and Charles Town Races, disclosed plans on Friday to buy the bankrupt Emerald Casino Inc. and build a new casino that would be transferred to the state of Illinois at opening and operated by Penn National in the Chicago suburb of Rosemont.

After the completion of the merger and regulatory authorization by the Illinois Gaming Board, Penn National would establish a $255-million casino entertainment complex in Rosemont, including a 200-room hotel.
Read the full story at Thoroughbred Times
 






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