International Business News - PNK 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 Gaming regulators are considering whether three Wyandotte County officials possibly violated Kansas law when they endorsed a proposal from a company seeking a management contract for a state-owned casino. http://www.ibtimes.com/articles/20080815/kan-gaming-panel-to-review-possible-violations.htm Fri, 15 Aug 2008 17:53:26 EDT A Kansas board picking managers for four state-owned casinos plans to finish a series of public hearings around the state with three days of meetings starting Wednesday in Wyandotte County. http://www.ibtimes.com/articles/20080812/kansas-board-holds-public-hearings-on-casino-plans.htm Tue, 12 Aug 2008 12:37:01 EDT Among the stock activity stories for Thursday, Aug. 7, from AP Financial News: NEW YORK (AP)--Shares of investment bank Lehman Brothers Holdings Inc. fell Thursday along with the broader investment banking sector amid continued concerns about weak credit markets. http://www.ibtimes.com/articles/20080807/movers-roundup-lehman-brothers-sina.htm Thu, 07 Aug 2008 14:31:09 EDT Pinnacle Entertainment Inc.'s shares dropped Thursday as analysts offered mixed opinions on the casino operator following its second-quarter report. Pinnacle shares fell 81 cents, or 6.6 percent, to $11.39. The stock has traded between $7.76 and $29.80 during the past 52 weeks. http://www.ibtimes.com/articles/20080807/pinnacle-entertainment-shares-fall-after-2q-loss.htm Thu, 07 Aug 2008 19:39:39 EDT Pinnacle Entertainment Inc. says a new mega-casino it plans to build in Atlantic City will have a beach house theme. The Las Vegas-based company plans to hold onto its land on and near the Boardwalk area of Atlantic City until credit markets improve and it can build its mega-casino project, chairman Dan Lee said Wednesday. http://www.ibtimes.com/articles/20080806/pinnacles-new-mega-casino-in-ac-has-beach-theme.htm Wed, 06 Aug 2008 14:09:03 EDT Pinnacle Entertainment Inc. said Wednesday it swung to a loss in the second quarter, falling below analysts estimates, hurt by casino closures and costs to ramp up operations at its Lumiere Palace casino. http://www.ibtimes.com/articles/20080806/pinnacle-reports-loss-in-2q-missing-analyst-views.htm Wed, 06 Aug 2008 10:17:48 EDT The troubled credit markets that are creating problems for home buyers and other borrowers also are disrupting the capital-intensive casino industry--driving up construction costs and delaying and even jeopardizing whole projects. http://www.ibtimes.com/articles/20080709/stingy-credit-markets-test-us-casino-projects.htm Wed, 09 Jul 2008 17:38:21 EDT The troubled credit markets that are creating problems for homebuyers, cities and other borrowers are also disrupting the capital-intensive casino industry--driving up construction costs and delaying, if not completely scuttling, projects. http://www.ibtimes.com/articles/20080709/cash-strapped-casinos-seek-pa-regulators-help.htm Wed, 09 Jul 2008 17:04:21 EDT A state judge is considering whether the ballot summary for a casino-backed initiative could mislead Missouri voters or whether opponents are merely nitpicking in court to prevent a vote. http://www.ibtimes.com/articles/20080627/judge-hears-challenge-to-mo-casino-initiative.htm Fri, 27 Jun 2008 15:47:35 EDT An analyst started coverage of Pinnacle Entertainment Inc. with a "Buy" rating Thursday, predicting several new properties will drive shares of the casino and hotel operator higher. http://www.ibtimes.com/articles/20080626/brean-murray-starts-pinnacle-at-buy.htm Thu, 26 Jun 2008 11:09:23 EDT The Missouri Gaming Commission placed a moratorium Monday on new casinos until voters can decide this November on a ballot issue imposing a permanent casino cap and allowing existing facilities to win more money from bettors. http://www.ibtimes.com/articles/20080617/mo-commission-places-moratorium-on-new-casinos.htm Tue, 17 Jun 2008 11:08:20 EDT The Missouri Gaming Commission has placed a moratorium on new casinos until voters can decide on a ballot issue this November. The commission's unanimous vote Monday will, at a minimum, delay casinos sought by the Kansas City suburb of Sugar Creek and by businessmen in Cape Girardeau. http://www.ibtimes.com/articles/20080616/missouri-commission-puts-moratorium-on-new-casinos.htm Mon, 16 Jun 2008 14:40:51 EDT Pinnacle Entertainment Inc. president Wade Hundley has resigned. The company says Hundley chose not to relocate from his home in Dallas to the company's headquarters in Las Vegas. http://www.ibtimes.com/articles/20080605/pinnacle-entertainment-president-resigns.htm Thu, 05 Jun 2008 16:50:46 EDT St. Louis civic leaders have long lamented the disconnect between most of downtown and the riverfront area that resulted when Interstate 70 was built through the heart of the city nearly a half-century ago. http://www.ibtimes.com/articles/20080527/st-louis-unveils-walkway-under-highway-to-casino.htm Tue, 27 May 2008 15:40:23 EDT After two days of listening to 11 developers pitch their competing casino projects, the Kansas Lottery Commission postponed voting until next week on the which contracts to endorse because signed agreements haven't been reached. http://www.ibtimes.com/articles/20080521/kansas-lottery-commission-delays-casino-vote.htm Wed, 21 May 2008 11:32:45 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 Pinnacle Entertainment Inc. said Tuesday it will receive an additional $48 million from Allianz Global Risks US Insurance Co. to settle a lawsuit related to Hurricane Katrina damage at a former Mississippi casino and its Boomtown New Orleans facility. http://www.ibtimes.com/articles/20080513/pinnacle-to-get-48m-from-allianz-in-settlement.htm Tue, 13 May 2008 07:59:10 EDT St. Louis' newest casino took a slight loss in its first full quarter of operation, a loss the company blamed on startup costs. Las Vegas-based Pinnacle Entertainment opened the $507 million Lumiere Place on the St. Louis riverfront on Dec. 19. For the period of January through March, Pinnacle said the casino lost $760,000 on revenue of $47.2 million. http://www.ibtimes.com/articles/20080508/new-casino-in-st-louis-shows-slight-loss.htm Thu, 08 May 2008 12:47:49 EDT Pinnacle Entertainment Inc.'s stock slipped Wednesday as its first-quarter results failed to quash analysts' concerns about challenging economic conditions. http://www.ibtimes.com/articles/20080507/pinnacle-dips-as-1q-results-fail-to-stop-economic-worries.htm Wed, 07 May 2008 13:22:36 EDT Among the earnings stories for Wednesday, May 7, from AP Financial News: NORWELL, Mass. (AP) _ Waste management services provider Clean Harbors Inc. on Wednesday said its first-quarter profit more than doubled, helped by higher revenue from both its technical and site services unit. http://www.ibtimes.com/articles/20080507/earnings-roundup-clean-harbors-proassurance.htm Wed, 07 May 2008 11:24:30 EDT