International Business News - Casinos http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of Isle of Capri Casinos Inc. rose sharply on Monday following a recent court ruling that a Jefferies & Co. analyst predicts will benefit the casino operator. http://www.ibtimes.com/articles/20080707/last-call-isle-of-capri-casinos-shares-advance.htm Mon, 07 Jul 2008 16:26:58 EDT Shares of casino operator Ameristar Casinos Inc. seesawed Monday after JPMorgan Securities boosted its rating on the stock, saying that it could trade up as investors predict a possible takeover. http://www.ibtimes.com/articles/20080707/ameristar-casinos-shares-gain-after-upgrade.htm Mon, 07 Jul 2008 19:20:07 EDT Shares of Isle of Capri Casinos Inc. rebounded slightly Thursday following Wednesday's sharp decline, after the company reported a wider quarterly loss. http://www.ibtimes.com/articles/20080703/isle-of-capri-casinos-edge-up-following-sharp-drop.htm Thu, 03 Jul 2008 12:22:54 EDT Among the earnings stories for Wednesday, July 2, from AP Financial News: ST. LOUIS (AP)--Casino operator Isle of Capri Casinos Inc. on Wednesday reported a wider fiscal fourth-quarter loss, hurt by a hefty impairment charge related to its U.K. business and an increase in operating expenses, but adjusted results beat Wall Street expectations. http://www.ibtimes.com/articles/20080702/earnings-roundup-isle-of-capri-family-dollar.htm Wed, 02 Jul 2008 10:56:47 EDT Casino operator Isle of Capri Casinos Inc. on Wednesday reported a wider fiscal fourth-quarter loss, hurt by a hefty impairment charge related to its U.K. business and an increase in operating expenses, but adjusted results beat Wall Street expectations. http://www.ibtimes.com/articles/20080702/isle-of-capri-casinos-fiscal-4q-loss-widens.htm Wed, 02 Jul 2008 08:21:48 EDT Shares of companies that operate casinos sank to new lows Tuesday on reports that the industry is suffering in the wake of the nation's economic downturn. http://www.ibtimes.com/articles/20080701/sector-snap-casino-shares-sink-on-economic-woes.htm Tue, 01 Jul 2008 13:52:36 EDT New Jersey casinos will remain open even if there is a state government shutdown, the result of a law signed Friday by the governor. Gov. Jon Corzine signed a bill that permits Atlantic City's 11 gaming halls to temporarily police themselves without state inspectors if New Jersey fails to have a budget in place by July 1, as required by law. http://www.ibtimes.com/articles/20080627/law-ensures-new-jersey-casinos-will-stay-open.htm Fri, 27 Jun 2008 15:35:24 EDT Barring a natural disaster or some man-made calamity, Atlantic City's casinos will always be open. That's the practical effect of a law signed Friday by Gov. Jon Corzine allowing the city's 11 gambling halls to stay open if there is another state government shutdown. http://www.ibtimes.com/articles/20080627/nj-casinos-to-stay-open-if-government-shuts-down.htm Fri, 27 Jun 2008 14:23:33 EDT A Key Banc Capital Markets analyst trimmed his estimates on three casino operators Friday, saying customers are cutting back on gambling in Las Vegas due to high fuel prices and economic concerns. http://www.ibtimes.com/articles/20080627/ahead-of-the-bell-casino-operators.htm Fri, 27 Jun 2008 08:58:54 EDT Ameristar Casinos Inc. shares shot up Wednesday after an analyst said the stock is now fairly valued after a recent pullback. Justin Sebastiano of Morgan Joseph upgraded the shares to "Hold" from "Sell" in a note, saying the current share price reflects the competitive pressure and weak economy Ameristar faces. http://www.ibtimes.com/articles/20080625/ameristar-casinos-jump-on-stock-upgrade.htm Wed, 25 Jun 2008 12:44:34 EDT Step inside the newly rebuilt Turtle Creek Casino & Hotel and you'll find the typical blackjack tables, slot machines and loosen-your-belt buffet. But your eyes--and nose--may detect unusual features. http://www.ibtimes.com/data/articleimgs/78704-green-casinos.jpg http://www.ibtimes.com/articles/20080625/casinos-going-green-to-save-energy-money.htm http://www.ibtimes.com/articles/20080625/casinos-going-green-to-save-energy-money.htm Wed, 25 Jun 2008 00:20:22 EDT Isle of Capri Casinos Inc. on Tuesday said its casino property in Davenport, Iowa, will open at 3 p.m. following its temporary closure due to flooding. http://www.ibtimes.com/articles/20080624/isle-of-capri-casino-to-reopen.htm Tue, 24 Jun 2008 13:50:02 EDT Shares of casino operator Ameristar Casinos Inc. fell Monday for a second day as analysts said that the casino operator may be experiencing weaker trends in June. http://www.ibtimes.com/articles/20080623/last-call-ameristar-casinos-shares-fall.htm Mon, 23 Jun 2008 15:17:35 EDT Paula Cifelli and her husband, Joe, are both dealers at Atlantic City casinos, and they're experiencing the effects of the worsening economy. Most of their income comes from tips, and as money gets tighter, so do gamblers. That is forcing the couple to tighten their own belts. http://www.ibtimes.com/articles/20080620/dealers-to-rally-in-atlantic-city-for-contracts.htm Fri, 20 Jun 2008 12:57:02 EDT Revenue from Asia's booming gambling resorts could surpass the United States by 2012, with growth driven by the southern Chinese gaming enclave of Macau and other sites, according to an industry survey released Tuesday. http://www.ibtimes.com/articles/20080603/survey-asia-to-lead-in-gambling-revenue.htm Tue, 03 Jun 2008 13:11:34 EDT Ameristar Casinos Inc. on Monday said John M. Boushy resigned as chief executive to pursue other interests, and named Co-Chairman and Executive Vice President Gordon R. Kanofsky to take his place. http://www.ibtimes.com/articles/20080602/boushy-out-kanofsky-in-as-ameristar-ceo.htm Mon, 02 Jun 2008 09:26:27 EDT Shares of Ameristar Casinos Inc. rose Thursday as an analyst reaffirmed his "Buy" rating following solid April gaming revenue results. Ryan Worst of Brean Murray, Carret & Co. said in a note he is pleased with Ameristar's gaming revenue performance last month, as the 1.9 percent increase was significantly better than March's 2.8 percent decline. http://www.ibtimes.com/articles/20080529/ameristar-climbs-on-solid-april-performance.htm Thu, 29 May 2008 17:40:39 EDT Gov. Jon Corzine said Tuesday he will sign a bill that would keep Atlantic City's 11 casinos open in the event of a state government shutdown by letting them regulate themselves during the budget crisis. http://www.ibtimes.com/articles/20080520/nj-governor-ill-sign-casino-anti-shutdown-bill.htm Tue, 20 May 2008 15:47:39 EDT The credit crunch that is delaying some casino plans is nearing an end, even though it still may kill some poorly conceived projects, a panel of Wall Street experts said Tuesday. http://www.ibtimes.com/articles/20080520/wall-street-credit-crunch-nixing-bad-casino-plans.htm Tue, 20 May 2008 13:23:44 EDT If smoking is banned in Detroit bars, restaurants and workplaces, Betty Gilbert says it will hurt the city's casinos. Gilbert, who was smoking a cigarette Friday with members of her bowling team on a sidewalk near Greektown Casino downtown, should know. The 69-year-old from Cape May County, N.J. _ who said she usually gambles weekly in Atlantic City _ plans to cut back when that city's smoking law goes into effect. http://www.ibtimes.com/articles/20080509/smoking-ban-could-hit-detroits-casinos.htm Fri, 09 May 2008 20:29:54 EDT