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Archive for October 5th, 2006
Thursday, October 5, 2006 Slick Billy 1, Internet casinos 0 By David McKee I'm back on the case, after spending countless hours in a special hell known as "DTI training." DTI, for what it's worth, is a newspaper production software whose initials, I suspect, stand for "Don't Touch It." (Which would have been good advice for Rep. Mark Foley, but let's not go there.)
They said it wasn't going [...]
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Thursday, October 5, 2006 Good month for gaming fund By David McKee Dan Ahrens' Gaming and Casino Fund (GAFX) reports a strong September. Its investments, 80% of which are concentrated in casino, gaming-manufacturer, pari-mutuel, and lottery-support-system stocks was up 3.75 percent, as opposed to the Morningstar Mid-Growth Index's 1.86% September increase. Ahrens' fund is still down three-tenths of percent since its incept date, last March 31, but [...]
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Thursday, October 5, 2006 Harrah's now leery of Singapore By David McKee An $81-per-share acquisition offer for Harrah's Entertainment by a consortium of corporate raiders is starting to cast a pall over the company's planned international expansion. Harrah's spokesman Alberto Lopez tells Reuters that the casino giant is reconsidering its bid for a Singapore casino concession.
"We are re-evaluating the options," Lopez says, which must send a chill [...]
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