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Online Casino News for Thursday - February 12, 2004

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Online Casino News
Gambling winnings weakening - 2004-02-12
In spite of the economic recovery and a return of leisure travelers, December was not a very fortunate month for Nevada's casinos, data unveiled Wednesday by the Nevada Control Board showed.
He claimed slot performance was up slightly, while there was a huge decline in the sports pool win, down 67 percent, or $12 million, from the year before.

UBS Warburg analyst Robin Farley blamed the overall drop largely on the casinos' baccarat win, which fell 3.1 percent.
Read the full story at Las Vegas Review Journal
 
Station Casinos agrees to $38 million in Missouri - 2004-02-12
Station Casinos will pay $38 million to settle a lawsuit that declared the company used inappropriate contacts between its lawyer and a Missouri Gaming Commission official to acquire its Missouri gambling license in 1997.

Fitzgeralds Sugar Creek and Station Casinos were two of four companies looking for a license to run a casino in the Sugar Creek district in 1993. The state commission had already authorized four casinos in the Kansas City region, and at the time said it would authorize only one more.
Read the full story at Las Vegas Review Journal
 






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