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Online Casino News for Wednesday - January 7, 2004

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• American Indian tribe plans casino at Kenosha dog track
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• Bangor Raceway readies for installation of new slot machines
• Odds of getting gaming license promising: officials
Online Casino News
American Indian tribe plans casino at Kenosha dog track - 2004-01-07
An American Indian tribe has agreed to acquire a dog track for $40.5 million to develop a casino there.

Dairyland Greyhound Park investors unanimously approved the sale option Tuesday, but the Menominee Nation's plan is contingent on local, state and federal approval.

"It's not a slam dunk issue," Menominee Tribal Chairwoman Joan Delabreau said. "Nobody has promised us anything."
Read the full story at Duluth News Tribune
 
Coast chief has second thoughts on initial stock offering - 2004-01-07
Coast Casinos may revitalize its plan to offer public shares of the company's stock, Chairman Michael Gaughan said Tuesday.

"Maybe we'll look at (an IPO) this summer and fall," Gaughan said. "Depending on the economy and the market, I might be interested."

Gaughan said in mid-2002 that plans to offer Coast stock were poorly timed and hurt by gaming stock declines and the bear market.
Read the full story at Las Vegas Review Journal
 






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