Casino Insider

Oct 29, 2012 6:20 PM

Boyd Gaming Corp. (BYD) will report its third quarter financial results on Thursday, Nov. 1, at 9 a.m. PDT.

MTR Gaming Group Inc. (MNTG) has designated Thursday, Nov. 1, after the market closes as the time it will report its third quarter financial results.

Also reporting its third quarter financial experience on Thursday, Nov. 1, is Las Vegas Sands Corp. (LVS) which has scheduled a conference call for 1:30 p.m. PDT.

WMS Industries Inc. (WMS) has set a conference call and webcast for its first quarter financial experience for Thursday, Nov. 1, at l:30 p.m. PDT.

International Game Technology (IGT) will host a conference call regarding its fourth quarter and fiscal year 2012 earnings on Thursday, Nov. 8, at 2 p.m. PDT.

Nevada Gov. Brian Sandoval has appointed A.G. Burnett as the new chairman of the Nevada Gaming Control Board. Burnett joined the board in January. He succeeds Mark Liparelli who resigned last month. Prior to becoming a Control Board member, Burnett was depuy chief of the agency’s corporate securities division.

Republic Airways and Caesars Entertainment Corporation (CZR) have signed a three-year agreement under which the airline will operate five Embraer E190 aircraft to provide more than 1,500 flights annually for Caesars’ customers throughout the United States.

The Mississippi Department of Transportation has denied an application for a grant to the City of Natchez for a $2.5 million park. The area was sought by both the city and by Magnolia Bluffs Casino for the Natchez Trails Project.

The Pennsylvania Gaming Control Board has advised potential bidders that only three weeks remain before the bidding deadline for the last remaining casino license. Although several companies are reportedly interested in the license, the frontrunner seems to be developer Bart Blatstein’s proposal for a $700 million casino project in the former ehadquart4rs of The Philadelphia Inquirer and Philadelphia Daily News.

Isle of Capri Casinos Inc. (ISLE) has appointed Bonnie Biumi to its board of directors. Biumi, an associate of world-class casino developer Sol Kerzner, most recently served as president and chief financial officer of Kerzner International.

Churchill Downs Inc. (CHDN) has been notified that its Churchill Downs racetrack in Louisville, Kentucky, has been granted clearance to race on 12 September dates in 2013. Also, the company announced it has closed on the $141 million acquisition of Riverwalk Casino in Mississippi.

A bankruptcy judge in Reno, Nevada, has approved the restructuring plan for the Silver Legacy Resort.

The Seneca Nation of Indians has completed a $53 million expansion of the Seneca Allegany Casino and Hotel in Salamanca, New York. The project has add 200 rooms to the hotel.

Mississippi casino revenue in September fell 4.3 percent to $177.9 million, according to the Mississippi Department of Revenue.

The Mississippi Tourism Association announced it had appointed Rochelle Hicks as its new executive director.

The Missouri Gaming Commission has granted a license to the Cape Girardeau casino that Isle of Capri Casinos Inc. (ISLE) will open this week.

Penn National Gaming Inc. (PENN) has named Mark Loewe as head of its racing operations in Ohio. As vice president of Ohio Racing Operations, Loewe will oversee Beulah Park in Grove City and Raceway Park in Toledo.

Hearings are being held in South Dakota on a new gaming compact being negotiated between the state and the Sisseton Wahpeton Oyate Tribe.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

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