Casino Insider

Dec 23, 2012 1:42 PM

The name of the Imperial Palace on the Las Vegas Strip has been changed officially to The Quad. The property, owned by Caesars Entertainment Corp. (CZR) is being complely renovated, a project that is expected to last until late 2013.

Ameristar Casinos Inc. (ASCA) will report its quarterly financial results on Wednesday, Jan. 30, 2013 at 8 a.m. PDT.

Lakes Entertainment Inc. (LACO) has obtained the $17.5 million in financing needed to establish a casino at the Rocky Gap Lodge & Golf Resort in Maryland.

One of the new rules approved by state legislators will permit Maryland casino to operate 24 hours per day.

Sugarhouse Casino in Philadelphia has been fined $15,000 for permitting banned patrons from gambling at its facility.

Gaming revenues during November in Louisiana reached $192.9 million, easily topping last year’s $175.3 million, according to state officials.

The new Isle Casino Cape Girardeau in Missouri reported $5.4 million in November revenue.

November revenues at the Kansas Star Casino reached $14.6 million. The property is being acquired by Boyd Gaming Corp. (BYD).

Law enforcement officials confiscated a number of illegal slot machines in raids on 12 gas stations in Central Florida.

International Game Technology (IGT) says it has completed its $400 million accelerated stock buyback.

Penn National Gaming Inc. (PENN) has named Scott Saunders as the new general manager of Argosy Casino in Alton, Missouri. The company also reported that a patron at the M Resort in Henderson, Nevada, won the $17.3 million Megabucks jackpot.

Elaine Wynn, a member of the board of directors of Wynn Resorts Ltd., has been appointed to the Nevada Board of Education.

Davenport, Iowa, has hired Gary Buettner, a former executive at Jumer’s Casino & Hotel in Quad City, to assist the city with its purchase of the Rhythm City riverboat casino.

The Chickasaw Nation has opened the Salt Creek Casino near Pocasset, Oklahoma.

Ray Poirier is the longtime executive editor at GamingToday.

Contact Ray at [email protected].

 GamingToday on Facebook      and         GamingToday on Twitter