P.R. contract for Bally’s Systems

May 3, 2005 5:36 AM

Three major Puerto Rican casinos will soon install equipment from Bally Gaming and Systems to integrate its slot accounting, ticketing, and player tracking

The announcement that Bally’s Systems, a business unit of Alliance Gaming Corp. (AGI), was chosen to install its advanced casino management solutions was made by Wyndham International. The properties involved are the Wyndham El San Juan Hotel & Casino, Wyndham Condado Plaza Hotel & Casino, and the Wyndham El Conquistador Resort & Golden Door Spa.

The Wynham officials said they plan to offer a single players-card solution for all three casinos.

Other Caribbean properties to use the Bally Systems are the Four Points by Sheraton Palmas Del Mar, also in Puerto Rico, and the Divi Carina Bay Resort & Casino in St. Croix.

THE INSIDER: Ameristar Casinos Inc. (ASCA) has declared a 2-1 stock split to be effective on June 6. The new shares will be distributed on June 20.

Former Sen. Ray Rawson has been appointed to the Nevada Gaming Commission position being vacated by Atty. John Moran. The appointment covers the two years remaining on the Moran appointment.

Still awaiting federal approval for its merger with Caesars Entertainment Inc. (CZR), Harrah’s Entertainment Inc. (HET) has completed the previously announced sale of four casinos to Colony Capital LLC for $1.24 billion. Also, the directors have declared a quarterly dividend of $0.33 per share, payable May 25 to shareholders of record as of May 11.

Analysts at Merriman Curhan Ford have upgraded their rating of Alliance Gaming Corp. (AGI) shares from "neutral" to "buy."

The Catalonian Lottery of Spain has awarded a contract to Scientific Games Corporation (SGMS) for lottery facilities management services.

GTECH Holdings Corporation (GTK) has hired Joseph S. Nadan as senior vice president and chief technology officer.

A Loyola University survey has found that 70% of registered voters who were polled were in favor of a plan by Louisiana Gov. Kathleen Blanco to increase gaming taxes.

David Anders, chief gaming analyst at Merrill Lynch, downgraded the shares of Wynn Resorts Ltd. (WYNN) with the comment that he found the "company’s balance sheet" as being "nearly exhausted." He cut his rating from "neutral" to "sell."

Also downgraded were the shares of International Game Technology (IGT) by Jefferies & Co. from "buy" to "hold." But in an interview with Barron’s magazine, a manager for Gabelli Global MultiMedia said he thought IGT shares were "very, very attractive.

The Louisiana Gaming Control Board has approved the installation of 700 slot machines at the Fair Grounds in New Orleans. Still to be determined is whether the locals must change the city charter in order for the machines to be installed.

The Florida House has approved a bill that will tax video lottery machines in Broward County at a 55% rate. The Senate bill calls for a rate ranging between 30% and 35%. An official said the passage of a bill during the current session is 50-50 at best.

The U.S. Bureau of Indian Affairs has approved a land-trust request from a Michigan-based Indian tribe that plans a casino to be 50% owned by Stations Casino Inc. (STN).

Caesars Indiana riverboat operators have been fined $50,000 for mailing promotional material to people who had placed themselves on a list banning them from the state’s riverboats.

Texas lawmakers are considering a bill that would permit the sale of lottery tickets online. That would make Texas the first state to offer lottery ticket sales over the Internet.