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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
Las Vegas Casino Owner Pinnacle Entertainment Discloses Broader Quarterly Loss - 2004-02-09
Pinnacle Entertainment, a Las Vegas casino owner, announced this week that its fourth-quarter loss widened in comparison to one year prior.
In a statement, Pinnacle reported its net loss was $8.6 million, or 34 cents per diluted share, for the three months ended Dec. 31, broader than the loss of $6.7 million, or 26 cents per share, a year earlier.

The company stated that the latest quarter featured a charge of $7.1 million for early debt extinguishment, in part offset by a $1 million reversal of litigation reserves that were seen as unnecessary.
Read the full story at Miami Herald
 
Casinos takes chance on full house - 2004-02-09
Hollywood North could soon be Las Vegas North as two new Lower Mainland waterfront casinos ready for May debuts.

Great Canadian Gaming Corporation is spending $150 million to re-construct the former Bridgepoint Market on the shores of the Fraser River close to the Oak Street Bridge in Richmond to accommodate 600 to 950 slot machines and 50 to 75 gambling tables, 5 restaurants, a health club and marina.
Read the full story at Business in Vancouver
 






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2008-11-19