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Online Casino News for Monday - February 9, 2004

More Online Casino News
• Vegas-based Boyd Gaming to purchase Coast Casinos
• LV company appear to be convening with Macau tycoon
• Atlantic City casinos get new look with younger gamblers
• One-time mobster cautions about effects of gambling's
• Gov.'s gambling project is a sad bet for majority of community
• Rendell project could place slots in Poconos
• A state-owned casino could expand profits
• Casino tax could offer some aid
• Kirwan insists abandon property tax to finance education
• 40 Caught In Banting Casino
• From casinos to cruises, seniors are hard to track down
• Pubs Require Pokies To Make Money
• Las Vegas Casino Owner Pinnacle Entertainment Discloses Broader Quarterly Loss
• Casinos takes chance on full house
• Legislators divided over expansion
• In praise of casino pessimism
• N.J., casinos bargaining for track agreement
• From Illinois to Trump Casino
• Boyd to purchase Coast Casinos in $1.28bn agreement
• No parole for two killers
• Harrah’s to launch women’s gambling site from UK
• HK's Shun Tak claims no association with MGM casino venture
• Foxwoods takes a gamble on new ad campaign
• Anecdotal Data Directed At Gambling's Increased Role in Wisconsin Bankruptcies
• Lopez And Affleck's Casino War
• Casino Funds Pending For California Counties
• Aboriginal students receives grants for excellence
• Legislator pushes for BIA investigation
Online Casino News
Boyd to purchase Coast Casinos in $1.28bn agreement - 2004-02-09
Boyd Gaming, one of the biggest gaming businesses in the US, is to purchase Coast Casinos in a deal valued at $1.28bn. The agreement will offer Boyd increased firepower to compete with larger US gaming rivals like MGM Mirage and Harrah's Entertainment.

Under the deal, shareholders in Coast Casinos will be compensated about $495m in cash and $325m in Boyd shares. Boyd will also take on about $460m of the group's debt. The deal creates a business with 17 casino properties, such as the Stardust and Main Street Station developments in Las Vegas.
Read the full story at ATE Online
 
No parole for two killers - 2004-02-09
A 72-year-old mother whose son was shot to death in Las Vegas in the middle of a home burglary declared that she's happy the killer has been denied parole.

The parole board revealed Friday it had declined the pleas for release from Allen and Frank LaPena, who was convicted of conspiring the killing of the woman of a Las Vegas casino executive.
LaPena's girlfriend Rosalie Maxwell was employed at Caesars Palace and romantically involved with Marvin Krause.
Read the full story at Las Vegas Sun
 






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