Issue 94
June 24 - 30, 2002
Volume 3
page 2

The Borgata Topping-Off Ceremony Scheduled for June 21

ATLANTIC CITY, NJ - The Borgata, a $1 billion casino entertainment resort at Renaissance Pointe in Atlantic City, will celebrate its topping-off of the development at a ceremony on Friday, June 21, 2002. The event will take place at the construction site at 11 a.m. Senior executives from all related companies will be on hand to celebrate the beginning of the final construction phase. Parking for the event will be available at the Atlantic City Convention Center beginning at 10:15 a.m. -- there will be signage at the Convention Center leading to the pick-up area, which is located at street level. There will NOT be any parking available at the construction site. A bus service will run continuously from the Convention Center to the topping-off celebration during that time.

Headquartered in Las Vegas, Boyd Gaming Corporation is a leading diversified owner or operator of 12 casino entertainment properties located in Nevada, Mississippi, Illinois, Indiana and Louisiana.

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Maryland’s Bingo Halls: Uncertain Future - BALITMORE, MD -
With Maryland’s new state lottery and the potential for slot machines legalization at horse tracks, the future of Anne Arundel county’s four commercial bingo halls is uncertain.

Bingo revenues in the state dropped from $8.2 million in 1998 to $6.6 million in 2001. Edward O. Wayson (a lobbyist for the Arundel’s four licensed bingo halls, including one owned by his family) says competition from the lottery and out-of-state horse tracks has lured locals away from the bingo halls: "We’ve slowly seen deterioration of our audience to the slots in Delaware and West Virginia. It’s a concern." Wayson has pushed local legislation to allow Arundel’s bingo halls to increase payouts in an effort to compete with the higher prizes offered by the lottery and slots.

Last month, the County Council passed a law to allow the halls to offer two $50,000 games each year and to increase regular-game top prizes from $10,000 to $15,000. Maryland’s two major candidates for governor, Lt. Gov. Kathleen Kennedy Townsend and Robert Ehrlich, are divided on the question of slot machines at racetracks. Townsend, unlike her Republican opponent, is against the slots, even though revenues are earmarked for education.

At next year’s General Assembly session, several lawmakers are expected to push for slot machines at racetracks. If the legislation is introduced as a constitutional amendment, it would be immune to a governor’s veto.

Peter Frampton

Peter Frampton will perform at Le Theatre des Arts at Paris Las Vegas Resort Casino on June 28-29.


9:00 p.m.

Reservations Recommended

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