Issue 67
December 18 - 24, 2001
Volume 2
page 1
Merry Christmas!

This Issue

Gaming News
MGM Mirage Thinking Twice About $1.5 Billion Atlantic City Project

InterCasino Gives Net's Biggest Christmas Present

Black Hawk Anticipates New Casino, New Gambling Boom

Monopoly on Macau's Gambling Industry to End

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MGM Mirage Thinking Twice About
$1.5 Billion Atlantic City Project

ATLANTIC CITY, NJ - MGM Mirage has decided to make no finite decision for now on its proposed $1.5 billion casino hotel in Atlantic City.

The company had intended to announce the scope, design and specific cost of the project by year end, but that was before the legislature in neighboring New York approved up to six new Indian casinos in the state.

"There are no timetables. This process takes time to evaluate. That's just the approach we're going to take for now," said John Redmond, chief executive of the MGM Grand Resorts half of MGM Mirage.

"We were moving aggressively to get the project started in Atlantic City. When I say aggressive, that's underlined three times. We were moving very quickly to get it done, and we're still working on Atlantic City, but not working at the same speed."

Redmond said the company is analyzing the competitive landscape in the Northeast, where officials from Pennsylvania, Massachusetts, New Hampshire and Maryland have discussed various forms of gambling expansion. He would not comment on whether MGM was pursuing possible development opportunities in New York or other states in the region.

"We believe MGM Mirage is actively pursuing opportunities in New York and would explore options in Pennsylvania if casino gaming were permitted," Salomon Smith Barney analyst Michael Rietbrock told his clients three days after meeting with MGM President Jim Murren.

Although uncertain about developing a casino hotel of its own in Atlantic City, MGM Mirage is a joint-venture partner with Boyd Gaming in Borgata, the $1 billion casino hotel under construction in the city's Marina District. It's scheduled to open in summer 2003.



As the holidays quickly approach the question a lot of people are asking themselves are "What can I get for my favorite gaming aficionado?" Well, there are several places you can go without hopping on a plane and heading to your favorite gift shop in Las Vegas.

Lucky Sak

Check out Lucky Sak, the newer, safer way for casino patrons to carry their casino essentials. It's a clever waist pack/money belt that converts into a separate pouch to hold their coins, chips, tokens hands free or show tickets. Use it 3 ways:

  1. Front pocket converts to separate coin, chip, token pouch or use to store passport, airline tickets, documents, coupons or anything!
  2. Use rear pocket as regular waist pack
  3. Coin, chip and token carrier
  • Expandable rear pocket holds reading glasses, cigarettes, wallet, etc. Window slots for credit and comp cards
  • Includes free comp card security cord
  • Slim stylish unisex design
  • Size: 10" x 2" x 4.5"
  • Adjustable waist belt fits larger waistlines.Can also be worn over shoulder.
  • Available in Black only

Order Today! $17.99 + S&H

Gambler's Book Shop

The Gambler's Book Shop, in Las Vegas, offers thousands of books for the gaming enthusiast. Titles range from "How to Play Blackjack" to Sportbetting to the Mob and Las Vegas. They also offer an array of casino game software and instructional videos.

PokerProducts.com

Poker Products is another unique website that focuses in the Thursday Night poker player. They offer everything and anything relating to poker. One can order playing cards from casinos, poker chips, and even complete poker tables. Check out their "HOT DEALS" page for quick and impressive gift ideas.

All Occasion Apron

As the connoisseurs of charcoal don their white chef's hat and gloves, a small Iowa company has the perfect gift for these barons of the barbeque. All Occasion Aprons, an Iowa City company, has been making custom designed aprons for every occasion, and has introduced an apron for the gaming aficionado. "This full size cooking apron sports the designs of casino games and gaming memorabilia and is perfect for the gambler who enjoys the craps tables as well as the picnic tables," said Irene Shurson, owner of All Occasion Aprons.

Business has been brisk for All Occasion Aprons. The aprSons retail for only $19.95.

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