Hollywood Loses Bid for Slot Revenue - Thursday 15th of December 2005

HOLLYWOOD, Florida – As reported by South Florida Sun Sentinel: "It's back to the drawing board for Hollywood in its long-running battle to win a slice of expected slots revenue.

"City officials and lobbyists came very close last week to snaring a chunk of approximately $6 million from the pari-mutuels that will have Las Vegas-style slot machines within six months. But despite intense negotiations and a tentative agreement, the deal fell through.

"Some of the complications included other cities, such as Fort Lauderdale and Aventura, joining in on the request for money. In addition, officials could not get all four pari-mutuel companies to agree to the terms.

"Hollywood officials contend the pari-mutuels should give the city some of their profits, even though none of the four sites are actually in Hollywood.

"…The city has estimated the cost at approximately $5 million per year. Any slots windfall would pay for things such as traffic calming devices on side streets, street closures and the hiring of new police officers and firefighters, Mayor Mara Giulianti said…"

Other news from around the same time

Search On for Drugs to Treat Gambling Addiction - Monday 6th of February 2006

p>For problem gamblers dealing with an addiction to slots or blackjack, help may soon come in the fo....


Malta Lottery CEO Responds to Article - Thursday 15th of December 2005

MALTA – As reported by the Malta Independent: "People are not gambling more than Lm2 per week, ev....


Foxwoods Casino Wins Cybersquatting Case - Thursday 15th of December 2005

MASSACHUSETTS – As reported by the Connecticut Day: "U.S. District Judge Janet C. Hall has found ....


Intercasino.Com To Make The Holidays Merrier Than Ever During The 12 Days Of Festivities - Thursday 15th of December 2005

LONDON, UK InterCasino will be playing the part ofSanta Claus this December. Beginning December....


Crown Casino Hosts Richest Poker Tournament - Wednesday 14th of December 2005

MELBOURNE, Australia – As reported by News 24: "Melbourne's Crown Casino announced Tuesday that i....


Cash Systems Extends Casino Queen Contract - Wednesday 14th of December 2005

LAS VEGAS Cash Systems, Inc. (Amex: CKN), a provider of cash access solutions for the gaming ind....


Jackpot Madness Wins 2005 GOM Award - Wednesday 14th of December 2005

CURACAO Jackpot Madness has been awarded the 2005 Gambling Online Magazine (GOM) award for "Best....


Harrah's Adds Organizer to Singapore Bid Team - Wednesday 14th of December 2005

SINGAPORE – As reported by Reuters: "Harrah's Entertainment Inc., the world's biggest gaming comp....


Debate Continues over Maine Slots - Wednesday 14th of December 2005

BANGOR, Maine – As reported by the Boston Globe: "Thirty minutes before the doors would open, peo....


Casino Closing: Lady Luck Running Out - Monday 6th of February 2006

The Lady Luck, downtown's third-largest casino, will close Feb. 12 for a year-long remodeling and pe....