Pittsburgh Casino Bidders Present Proposals - Tuesday 13th of June 2006

PITTSBURGH, Pennsylvania – As reported by the Pittsburgh Post-Gazette: "Pittsburgh City Council members pressed would-be casino owners yesterday on promises to redevelop and aid neighborhoods, and got very different answers.

"Isle of Capri Casinos Inc. defended its focus on the Hill District. Forest City Enterprises argued for spreading the wealth. And Detroit businessman Don Barden's Majestic Star Casino offered North Side and Hill District aid but bemoaned the cascade of promises.

"…The three companies have applied to the state Gaming Control Board for the license to build a slot machine casino in Pittsburgh. Council has no formal role in making the selection.

"Forest City spokesman Abe Naparstek touted his company's pledge of a $25 million grant to Pittsburgh History & Landmarks Foundation and $1 million a year for development 'to the Pittsburgh community at large.'

"…The city's Urban Redevelopment Authority board will consider an option agreement with Isle of Capri tomorrow for the purchase of two agency-owned parcels along Colwell Street and two lots on Fifth Avenue. The purchases are contingent on Isle of Capri getting the slots license…"

Other news from around the same time

Midlothian Loses Casino Bid - Tuesday 13th of June 2006

MIDLOTHIAN, England – As reported by the Midlothian Today: "The gamble to make Midlothian the hom....


Macau on Its Way to Major Exhibition City - Tuesday 13th of June 2006

MACAU As the hotspot gaming city in the region, Macau is gradually becoming a major home to larg....


Online Casino Releases Improved Website - Tuesday 13th of June 2006

GIBRALTAR – Online Casino, the leading casino website for beginning and intermediate level play....


Vernon Downs Receives Temporary New York License - Tuesday 13th of June 2006

NEW YORK – Nevada Gold & Casinos, Inc. (AMEX:UWN) today announced that on June 5, 2006, the Ne....


Harrah's Recognized by Asian-American Magazine - Tuesday 13th of June 2006

LAS VEGAS Honoring the company's commitment to promoting diversity, Asian Enterprise magazine na....


North Carolina Video Gambling Ban Passes - Tuesday 13th of June 2006

RALEIGH, North Carolina – As reported by the Charlotte Observer: "State senators voted Monday to ....


Ohio Developer Files for Gambling Vote - Tuesday 13th of June 2006

COLUMBUS, Ohio – As reported by the Cincinnati Enquirer: "The developer seeking to build a hotel ....


Grosvenor Casino Applies for Expansion - Tuesday 13th of June 2006

BLACKPOOL, England – As reported by the Blackpool Today: Blackpool's Grosvenor Casino is placing ....


Fidelity Investments Offers Gaming and Casino Fund - Tuesday 13th of June 2006

DALLAS, Texas – The Gaming and Casino Fund (NASDAQ:GACFX) is now available through Fidelity Inv....


Gaming in Nevada: New North Strip Hotel Planned - Tuesday 13th of June 2006

by Howard StutzLas Vegas Gaming Wire LAS VEGAS, Nevada The north end of the Strip has picked up an....