The Casino Industry Insider - April 22, 2008

Apr 22, 2008 7:00 PM

THE INSIDER: Analysts at KeyBanc Capital Markets have upgraded the shares of Boyd Gaming Corp. (BYD) from underweight to hold.

Penn National Gaming Inc. (PENN) will open its new Hollywood Slots gambling complex in Bangor, Maine, on July 1.

Bally Technologies Inc. (BYI) will release its third quarter fiscal results on Monday, May 12, after the market closes.

Dover Downs Gaming & Entertainment Inc. (DDE) will report on its first quarter on Thursday, April 24, at 6:30 a.m. PDT.

Two unions have filed to represent slot machine technicians at Foxwoods Resort Casino in Connecticut. Also, the casino reported net slots win in March fell $8.3 million to $60.8 million,

The Edwardsville, Kansas, city council has approved locating a casino-resort sought by Las Vegas Sands Corp. (LVS) within its city limits.

Pinnacle Entertainment Inc. (PNK) said it reopened its President Casino in downtown St. Louis have the Mississippi River floodwaters had receded.

Maine lawmakers have upheld the veto of legislation to permit installing slot machines on Indian Island.

Nevada Gold & Casinos Inc. (UWN) will receive $4.6 million in a settlement agreement with its former partner, American Heritage Inc., in a casino joint venture. In another announcement, the company said it had hired Gary L. Johnson as the general manager of the Horizon Casino Hotel in Vicksburg, Mississippi.

Rhode Island lawmakers have approved a regulation change that will permit the state’s two slots parlors to operate around-the-clock on weekends and holidays.

Atlantic City officials are expected this week to approve a complete ban on smoking in the city’s 11 casinos.

Lakes Entertainment Inc. (LACO) has named Peter Fordham as general manager of the Red Hawk Casino, under construction in California.