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Headlines Around The World

MACAU QUARTERLY REVENUE SEES UPTICK First-quarter 2009 casino revenue rose 8.1 percent from the last quarter 2008, stopping a nine-month slide

TWO EMERGE FOR TURKISH LOTTERY TENDER OPAP and Turkcell have submitted official bids to operate Milli Piyango

PARTYGAMING TO PAY $105 MILLION TO U.S. AUTHORITIES As part of a non-prosecution agreement with U.S. authorities, Internet gaming operator accepts deal for activities prior to the enactment of UIGEA

PA GAMING BOARD AWARDS SLOT LICENSE Valley Forge Convention Center near Philadelphia permitted to operate up to 500 slot machines

HARRAH’S TAKES SWING AT BASEBALL BRANDING Harrah's Entertainment announces presence at one of Major League Baseball’s newest and oldest ball parks

MASS LOTTERY TO FUND LAWSUIT DEFENSE OF TREASURER $20 million lawsuit filed by Bingo Innovative Systems says Tim Cahill favored Scientific Games for contract in exchange for campaign donations

MGM WEIGHS CAPITAL-GENERATING OPTIONS Reports of potentially selling properties and interested outside investors are the latest news surrounding CityCenter’s completion

STUDY: POKER IS A GAME OF SKILL (NOT CHANCE) Results could assist poker community with ongoing legal challenges to protect the game from being categorized as gambling

EUROPEAN COMMISSION SAYS U.S. INTERNET LAWS ILLEGAL Report finds treatment of foreign Internet gambling operators by the U.S. constitute a barrier to market access and is inconsistent with WTO rules

A.C. CASINO DEALERS LAUNCH AD CAMPAIGN Multimedia advertising campaign by the UAW Atlantic City Dealers Union aims to inform gaming consumers about the ongoing labor dispute at Atlantic City casinos

ILLINOIS CASINO FIRE CAUSES MILLIONS IN DAMAGES Estimates from a blaze that has temporarily closed Penn National’s Empress Casino for nearly two weeks put at $340 million

FINAL FOUR BETS OFF THE BOARD AT CAESARS WINDSOR The NCAA has persuaded the Ontario government to suspend basketball betting at Caesars Windsor from March 30 to April 6 while the Final Four is held at Ford Field in nearby Detroit

MGM MIRAGE PROVIDES FUNDING; CITYCENTER STAYS ON TRACK $200 million of funding includes $100 million which should have been funded by Dubai World

INTERNET GAMBLING BILL INTRODUCED IN FRANCE Measure covers horse racing, sports betting but only poker for casino games. Could be enacted beginning in 2010

LAWSUIT LOOKS TO TAP U.S. SPORTS BETTING N.J. senator files complaint to open sports gambling to all U.S. states

PROGRESSIVE GAMING FILES CHAPTER 7 Company lists assets of $263,600 and debts of $5.6 million

HERBST GAMING PLANS FOR BANKRUPTCY PROTECTION Operator of 12 casinos reaches agreement with lenders under which operations will continue as normal under current management

DUBAI WORLD FILES LAWSUIT AGAINST MGM CityCenter investor protecting its rights by suing joint venture partner in Las Vegas Strip mega project

ECONOMY WON’T SLOW MARCH MADNESS POOLS Nearly half of Americans polled plan to fill out college basketball brackets. FBI estimates 2.5B. wagered in pools

INDIA MOVES TO REVAMP GAMBLING LAWS Comprehensive proposal includes the possibility of taxing the earnings of casino owners

WORKERS UNITE TO FORM GAMING WORKERS COUNCIL Union leaders, including the from the UAW and AFL-CIO, announce gaming council to help A.C. dealers win contracts

AMERISTAR AMENDS SENIOR CREDIT FACILITY Interest rate add-on for all revolving loans and term loans will increase 1.25 percentage points

CANNERY AND CROWN TERMINATE MERGER AGREEMENT Crown to make $370M. investment into CCR

HARRAH’S DETAILS UPCOMING 4Q RESULTS Preliminary results estimate loss from continuing operations, including writedown, to be in the billions

LV SANDS NAMES NEW PRESIDENT Company announced President and COO William P. Weidner is no longer with the organization or a member of its board of directors

BOYD ‘REMAINS COMMITTED’ TO DEAL WITH STATION Despite Station’s rejection, Boyd Gaming says it still believes its $950 million offer for certain assets is superior to the current restructuring offer Station has proposed

‘TOURISM’ BILL MOVES FORWARD IN MISSISSIPPI Tax incentive can’t be used to build casinos but gives operators a 30 percent rebate for tourism projects

MAGNA ENTERTAINMENT FILES CHAPTER 11 "Simply put, MEC has far too much debt and interest expense," said CEO Frank Stronach

TAX CUT FOR UK BINGO HALLS REJECTED Despite hall closures and job losses officials deny change to VAT rates

TAIWANESE CASINOS OFF-LIMITS TO CHINESE TOURISTS Go to visit but not to gamble is the message from Chinese tourism official

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