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Online Casino News for Tuesday - February 3, 2004

More Online Casino News
• St. Bernard's: Casino Night will go on -- somewhere, some time
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• Gov: State should consider owning casino with 'safeguards'
• CLOSED CASINO: Castaways likely finished
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• Yes on X leads campaign funding
• Scam artist sentenced to 5 years for long list of ripoffs
• $506M bid plan for state-owned casino
• Pro-casino group outspent opponent 7,000 to 1
• Opelousas sets hearing on 24-hour liquor sales
• Vestin Capital Buys Bankrupt Castaways
• Gaming debate begins
• Casino worker's bomb hoax rap
• Opelousas officials press for share of casino cash
• Vegas casinos Super Bowl winners despite NFL flap
• Gambling Hearing at Legislature
• Should There Be More Gambling In Iowa?
• Blagojevich doesn't dismiss state-owned casino idea
• DERBY DAYS PROMOTION
• Court row over stalled resort in Myanmar
• Man Indicted in Hit-and-Run
• Hard Rock Hotel and Casino Unveils Plans for a New Nightclub; Peter Morton Announces Deal to Bring Hollywood Nightlife Promoter Brent Bolthouse Aboard
• Reno Woman Pleads Guilty In Club Cal Neva Robbery
• Plans For Casino Fuel Land Interest
• Business Boost In Tama
• State Union For A Casino
• Gaming Wars May Bring Slots To L.A.
• Gaming Insiders Try Their Luck With The Voters
• Mikohn Gaming to Present at the 2004 American Gaming Summit
• Lots of reasons to like the slots
Online Casino News
Vestin Capital Buys Bankrupt Castaways - 2004-02-03
Castaways Hotel and Casino has a new owner. Vestin Capital purchased the bankrupt casino Monday morning. The company paid over $20 million for the now closed property. Vestin was the only bidder and has plans to put the property back on the market.

The Castaways was shut down last Thursday after a bankruptcy court issued an order to close it.
Read the full story at KLAS
 
Gaming debate begins - 2004-02-03
Iowans who hope to revive sagging economies in their hometowns by opening a new casino squared off with gambling opponents at a public hearing Monday night at the Statehouse.

More than 50 people, including representatives of the state’s gambling industry and religious groups as well as former gambling addicts, came to voice their opinions as lawmakers prepare to debate changes in the state’s gambling laws.
Read the full story at Quad City Times
 






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