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Online Casino News for Monday - February 2, 2004

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Online Casino News
Perry floats a project for school improvement - 2004-02-02
State leaders in Austin are starting to thrash out the details of what a school-finance reform plan will look like. A memo distributed last week outlined Gov. Rick Perry's basic proposal. The governor has stated he wants a consensus on the issue before he requests a special session.

In order to generate more money for education, the state would permit video lottery gambling at race tracks and expand Indian casino gambling.
Read the full story at Corpus Christi Caller-Times
 
MGM Mirage doubles its Q4 profit and then some - 2004-02-02
MGM Mirage, the No. 3 U.S. casino company, reported fourth-quarter profit more than doubled, revived by more hotel guests and gambling in Las Vegas. Net income rose to US$91.7-million, or US62 cents a share, from US$39-million (US25 cents), a year earlier.

MGM Mirage stated its Las Vegas casinos, which account for about two-thirds of profit, posted a 7% hike in gambling profits and higher average hotel occupancy and room rates.
Read the full story at ATE Online
 






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2008-11-20