MGM Mirage’s net income tumbled 69% amid year-earlier gains and a drop in revenue as guests continued to visit the casino operator’s resorts in high numbers, but at lower room rates and with lower spending. Casino revenue decreased 4%.
Archive for the ‘casino’ category
No Chance to Win, $Millions of Lottery Tickets Sold Anyway
July 7, 2008
Through a request filed under the Freedom of Information Act, Fishwick’s firm was able to obtain records that showed the Virginia State Lottery sold $85 million in tickets for which no top prize was available. Fishwick says the state should pay $85 million in damages.
WSJ.com – Debt-Laden Casinos Squeezed by Slowdown
July 1, 2008
The gambling slowdown that began early this year is taking a serious toll on Las Vegas. Casinos are being pinched by less access to cash as they grapple with predownturn expansion plans and billions of dollars of debt.
Illinois Gaming Board fines casino $800,000
May 20, 2008Hollywood Casino, gets fined for marketing to the equivalent of the do not call list for gamblers.
Slot Machines for the Young and Active
December 11, 2007A new class of slot machines, aimed at attracting younger players who grew up with video games, is demanding something more than the ability to pull a lever skill.
CASINO REFUSES TO PAY OUT MILLION-DOLLAR ‘JACKPOT’
October 25, 2007For about an hour last August, Gary Hoffman was a very lucky man.
Hoffman was playing the nickel slot machines at the Sandia Resort and Casino on an Indian reservation in New Mexico when he appeared to hit the jackpot: the machine said he won nearly $1.6 million.
Recent Comments