Administration and Finance News


Six companies enter reopened Aqueduct casino process
4 Jun 2010
Six entities, including Penn National Gaming, have entered the restarted bidding process to operate a slot machine-only casino at New York Aqueduct Racetrack.
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Penn National gets early approval for gaming license
4 Jun 2010
The casino operator received preliminary approval from the Nevada Gaming Control Board to acquire 1 percent of a small slot machine manufacturer and distributor.
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John Paulson now second-largest MGM Mirage shareholder
18 May 2010
The billionaire acquired 40 million shares of MGM Mirage, as well as 4 million shares of Boyd Gaming, during the first quarter of this year through his hedge fund.
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Milestones remain before casino opening
10 May 2010
Milestones need to be met if Penn Gaming's new Hollywood Casino will open by late 2012.
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Boyd Gaming posts $8.4 million profit in first quarter
7 May 2010
The casino company's profit surpassed analysts' expectations but revenues fell 8.5 percent in the first quarter.
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Boyd withdraws several Station objections
27 Apr 2010
Boyd Gaming said it would focus on one aspect of Station Casinos' reorganization plan.
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Penn National profits down 11 percent
23 Apr 2010
The casino and racetrack operator said its first-quarter profit declined 11 percent from a year ago because of reduced consumer spending on gambling.
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Boyd files objections to Station reorganization plans
22 Apr 2010
Boyd Gaming has been seeking to purchase all or a portion of Station Casinos for the past year and says that Station's reorganization plans would diminish the value of certain properties.
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CAI Games Web site goes live
20 Apr 2010
Casinos Austria International has officialy launched its online gambling platform, caigames.com.
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Chartwell deploys platform to CAI
16 Apr 2010
The online casino technology company will deploy its flash-based, online casino platform to Casinos Austria International.
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Boyd Gaming narrows fourth quarter loss
2 Mar 2010
Boyd Gaming said its net loss in the fourth quarter was $1 million compared to a net loss of $220.8 million in the same quarter of 2008.
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Penn National approved for Kansas casino
15 Feb 2010
The Kansas Racing and Gaming Commission have given approval to a joint venture casino project between Penn National and the owners of the Kansas Speedway
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Station-Boyd rivalry heading to Midwest
15 Feb 2010
Station Casinos is working to build and operate a casino in Michigan, which may poach customers from Boyd Gaming’s Blue Chip casino in Indiana.
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Penn National maintains interest in Strip property
5 Feb 2010
The Pennsylvania-based company is still interested in operating a Strip hotel-casino after losing out on the Fontainebleau project.
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Penn won't bid on Fontainebleau project
15 Jan 2010
Penn National Gaming will submit not bid for the shuttered Fontainebleau project in a planned bankruptcy court auction next week.
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