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Casino Industry Insider news bites - 01-13-09

Jan 13, 2009 5:05 PM
The Insider by Ray Poirier | Scientific Games Corp. (SGMS) and the New York Lottery are being sued by a company that claims the two are infringing on its copyright for "BLING."

Ausaf Umar Siddiqui, the Fry’s Electronics Inc. executive who was known as a "whale" gambler at several Las Vegas casinos, has been indicted on charges of having embezzled some $65 million from the company.

Legendary turf writer Joe Hirsch, who for nearly a half-century covered the racing beat for the Daily Racing Form, has died at the age of 80.

Chris Philibbosian, a former executive of the Greenspun Corporation, has been appointed to the board of directors of Shuffle Master Inc. (SHFL). Also the company announced it will release its quarterly earnings report on Thursday, Jan. 15, at 2 p.m. PST.

Tropicana Entertainment LLC, operator of the Tropicana Hotel/Casino in Las Vegas, has named Ron Thacker as its president and chief operating officer, subject to regulatory approval.

Mississippi gaming regulators say the state’s casinos eliminated 2,300 jobs during the economic slowdown of 2008.

Opponents of Harvey Whittemore’s Lazy 8 project in Sparks, Nevada, have petitioned the state Supreme Court to erase a controversial settlement that allows the project to go forward.

Moody’s Investors Service has cut the debt rating of Trump Entertainment Resorts Holdings (TRMP) to default status.