Casino Industry Insider news bites - 09-08-09

Sep 8, 2009 5:07 PM
by Ray Poirier |

PokerTek Inc. (PTEK) says it will generate $500,000 in revenue by selling nearly 700,000 shares of company stock. Board Chairman Lyle Berman has agreed to buy 328,947 at $0.76 per share.

Gaming revenues in Macau during the months of August increased by 17 percent.

Canterbury Park Holding Corp. (CPHC) has replaced Deloitte & Touche LLP as its independent accounting firm with Grant Thornton LLP.

Nevada Gold & Casinos Inc. (UWN) will report its first quarter results on Thursday, Sept. 10 at 2 p.m. PST.

Related Articles:
Casinos in crisis -- marketing missing the mark
Casinos in crisis Part 2: Back to Basics
Casinos in crisis Part 3: Promotions target lost customers
Also Check out our Race & Sports Section

Paving the way for its IPO in Hong Kong, Las Vegas Sands Corp. (LVS) has secured commitments for the sale of $600 million in exchangeable bonds.

A Band of Pottawatomi Indians has broken ground on a $157 million casino in Wayland Township, Michigan. The construction is expected to take about a year.

New Hampshire’s 15-member Gaming Study Commission will have its organizational meeting this week.

Intralot of Athens, Greece, the world’s second largest lottery systems provider, reported a 30% drop in profit for the first half of the current fiscal year.

Bally Technologies Inc. (BYI) has received a contract from the Coushatta Casino in Louisiana to install a slot monitoring, marketing and accounting systems before year end.

Question? Comment? E-mail me at: Ray Poirier