Issue 54
September 18 - 24, 2001
Volume 1
page 1

This Issue

Gaming News
Mohegan Tribe Donates $1 Million To Twin Towers Fund

Caesars Tower Project Postponed

Captain Cooks Casino Donates $5,000 To American Red Cross

Pascua Yaqui Tribe and Casino of the Sun Assist in WTC Relief Efforts With the American Red Cross

Casino Resorts Extinguish Lights to Honor National Day of Prayers and Remembrance

Columns
Carson's New Hold'em Book; Pawlicki On Roulette Solid Works

Show Time
Andre Agassi Charitable Foundation Grand Slam for Children to be held at the Grand Garden Arena at MGM Grand Hotel Casino on September 29

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Mohegan Tribe Donates $1 Million
To Twin Towers Fund

UNCASVILLE, CT - The Mohegan Tribe, owners of Mohegan Sun Resort Casino, announced on September 14 that they would contribute $1 million to the Twin Towers Fund.

The Twin Towers Fund will be used to assist the families of victims of the World Trade Center disaster, and to assist the families of firefighters, police officers and rescue workers who were lost or injured in the recovery effort.

Mark Brown, chairman of the Mohegan Tribal Council, said. "We share the horror and sadness of the victims of this tragedy, and wanted, in some way, to offer our help. The families of those lost last Tuesday, and the rescue workers still working so heroically today, are in our thoughts and in our prayers.''

The Twin Towers Fund is a program of New York City Public/Private Initiatives, a non-profit 501 (c)(3) organization.

Owned by the Mohegan Tribal Nation, Mohegan Sun is situated in scenic southeastern Connecticut on 240 acres along the Thames River in the town of Uncasville. Within easy access of New York, Boston, Hartford and Providence, as well as a wealth of popular activities and attractions in Mystic Places, Mohegan Sun is renowned as a legendary entertainment and gaming center.


Caesars Tower Project Postponed

LAS VEGAS, NV - Gaming giant Park Place Entertainment has postponed plans to build a new tower at Caesars Palace, citing economic uncertainty after the terrorist attacks in New York and Washington on September 11.

Park Place Entertainment chief executive Thomas Gallagher said in a prepared statement on September 17 that postponing construction of the $475 million tower will keep the company financially flexible and was "the prudent thing to do.''

Caesars Palace on the Las Vegas Strip has some 2,400 rooms in four towers; the tallest is 30 floors. The new 29-story tower had been expected to open with 900 rooms in early 2004.

Building continues on the Colosseum, a $75 million, 4,000-seat entertainment center at Caesars, Gallagher said, and is scheduled to open in March 2003.

Scott LaPorta, Park Place chief financial officer, said the company has suspended plans for other projects and was considering leaving some vacant employee positions unfilled.

At some Las Vegas Strip hotels, weekend occupancies were reportedly at half their usual level as guests stayed home or were grounded by airline restrictions. Las Vegas Convention and Visitors Authority researcher Kevin Bagger said there was no way to estimate the financial effect of the week's events.

Park Place owns, manages or has an interest in 29 casino properties under the Caesars, Bally's, Paris, Flamingo, Grand Casinos and Hilton brand names. It employs about 60,000 people in Las Vegas, Reno, Lake Tahoe, Atlantic City, Mississippi, Australia, Uruguay and Canada.

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