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News about casinos:

Caesars, Quintain to Build Wembley Casino

LONDON (Reuters) - U.S. casino firm Caesars Entertainment Inc. and Quintain Estates have formed a joint venture to turn the area around London's Wembley Stadium into a $600 million leisure and gambling resort. The 50-50 joint venture, Caesars' first foray into the European casino market, would include ...

Vegas Comes to Wembley with Casino Plan

By Ben Harding LONDON (Reuters) - Rundown land surrounding London's Wembley Stadium will be transformed into a glitzy $600 million gambling resort in a joint venture between U.S. group Caesars Entertainment and Britain's Quintain Estates. "Caesars Wembley" will sit 200 yards from the reborn home of English football -- the new 90,000-seater National Stadium -- and will incorporate a casino, a luxury hotel, designer shops and ballrooms, the two ...

Kerkorian to bid for big stake in GM

DETROIT (Reuters) - Billionaire Kirk Kerkorian's investment company on Wednesday offered to buy a large minority stake in General Motors Corp. (GM.N: Quote , Profile , Research ) at a premium to the struggling automaker's depressed stock price. The announcement from Tracinda Corp., which said it would spend up to $868 million to buy as many as 28 million GM shares, boosted GM's stock more than 9 percent and helped turn the broader market higher. The $...

Stocks Seen Flat as Bush Rally Fades

By Michael Flaherty NEW YORK (Reuters) - U.S. stock futures trimmed losses on Thursday after weekly jobless claims data, but stocks still were seen opening flat as the rally fueled by President Bush's re-election wore off. Technology stocks were under pressure after Qualcomm Inc. (QCOM.O: Quote , Profile , Research ) shares fell 3.6 percent before the bel...

U.S. Stocks Seen Higher; Pixar Eyed

NEW YORK (Reuters) - U.S. stock futures pointed to a higher market open on Thursday as oil prices stayed below $55 a barrel and as investors lapped up beaten-down shares after recent declines in the market. Shares of Pixar Animation Studios Inc. (PIXR.O: Quote , Profile , Research ) stand to gain a day after its board approved a 2-for-1 split of the company's common stock. Pixar shares were up nearly 2 percent at $93.80 in after-hours trade on INET on Wednesday after closing at...

Kerkorian bids for stake in embattled GM

DETROIT (Reuters) - Financier Kirk Kerkorian made a bold bet on General Motors Corp. (GM.N: Quote , Profile , Research ) on Wednesday, offering to more than double his stake to 8.8 percent in a move that raised investor confidence in America's industrial backbone and drove U.S. stocks broadly higher. The unexpected announcement by Kerkorian's Tracinda Corp., which could pressure GM's management into speeding up a restructuring, sent the automaker'...

Harrah's closes merger with rival Caesars

By Deena Beasley LOS ANGELES (Reuters) - Harrah's Entertainment Inc. (HET.N: Quote , Profile , Research ) on Monday closed its $6.8 billion purchase of rival Caesars Entertainment (CZR.N: Quote , Profile , Research ) , creating the world's largest casino operator and upping its bet on Las Vegas. Chief Executive Gary Loveman said Harrah's has its eye on long-term opportunities in overseas gaming, but near-term growth will likel...

Stocks Seen Lower, Weighed by TI Outlook

NEW YORK (Reuters) - U.S. stock futures pointed to a slightly lower open on Tuesday with technology stocks set to face pressure after Texas Instruments Inc. (TXN.N: Quote , Profile , Research ) trimmed its quarterly earnings target. The update on Monday from Texas Instruments, the world's largest maker of chips for cell phones, dampened some investors' mood after the regular sess...

Kerkorian launches offer for 28 mln GM shares

WASHINGTON (Reuters) - Billionaire investor Kirk Kerkorian on Monday launched an offer to buy up to 28 million shares of General Motors Corp. common stock for $31 each. Kerkorian, who shook up the former Chrysler Corp. with a hostile takeover bid about a decade ago, had said last week that he would seek to more than double his stake in the world's largest automaker to 8.8 percent. In a tender of...

Woman fired for not wearing lipstick

Woman fired for not wearing lipstick A court will hear the discrimination lawsuit of an employee who says lack of makeup cost her a job. May 17, 2005: 11:19 AM EDT SAN FRANCISCO (Reuters) - A federal appeals court agreed on Friday to reconsider the case of a bartender who was fired from her job at a Nevada casino for refusing to wear lipstick, blush and other make-up. Alleging sex discrimination...

Stocks Seen Flat to Slightly Off at Open

NEW YORK (Reuters) - Stock futures pointed to a flat to slightly lower open on Wednesday, with investors bracing for a key inflation figure and with oil prices still firmly above $50 a barrel. Merger activity may give markets a shot in the arm, as Medco Health Solutions Inc. (MHS.N: Quote , Profile , Research ) said it would buy specialty pharmacy services provider Accredo Health Inc. (ACDO.O: Quote , Profile , Research ) for about $2.2 billi...

Breast implant sold for $16,766

Breast implant fetches $16,766 Casino adds stripper's huge silicone implant to 'collection' including Virgin Mary grilled cheese. March 7, 2005: 2:28 PM EST MIAMI (Reuters) - A former stripper once accused of battering a customer with her enormous breasts sold one of her silicone implants on eBay to the same company that recently...

Tentative Deal in Atlantic City Strike

LOS ANGELES (Reuters) - Striking Atlantic City casino workers on Tuesday said they have reached a tentative five-year labor deal that increases pay and benefits but fails to make their contracts expire at the same time as those of workers in Las Vegas, which had been a key goal of the union. About 10,000 members of Local 54 of Unite Here will vote on the proposed contract on Wednesday. If it is approved, they could return to work on Thursday, ending a mont...

U.S. stocks seen flat; caution before Fed

NEW YORK (Reuters) - U.S. stock futures pointed to a flat to slightly lower open on Tuesday, as investors were cautious before combing through a statement by the Federal Reserve due later in the day, with the Fed expected to raise interest rates by another quarter point. Conglomerate Tyco International Ltd. (TYC.N: Quote , Profile , Research ) post...  
 
 
 
 
 
 
 
 
 
 
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