St. Joseph casino owner considers sale
The St. Jo Frontier Casino and other holdings of Las Vegas-based Herbst Gaming, Inc. are in play. Privately held Herbst said it had retained financial advisers Goldman, Sachs & Co. to evaluate strategic alternatives ranging from refinancing to a sale of some or all the companys 14 casinos in three states.
Related Casino News:
- Casino owner reaches deal with lender
- Cal Neva Casino Considers Renovation
- Raceway owner pulls casino bid
- Pocono slots a bonus, track owner, tourism chief say
- Casino owner Colony offers $2.2B for Aztar
- Montana City Owes Casino Owner $400,000
- Wichita group files application for a hotel-casino complex in Dodge City
- Joseph Hachem Wins WSOP
- Brother attends grand jury inquiry of casino owner
- St. Joseph Church bingo night
- Gold Rush casino finds new owner
- Prosecutors can go after alleged mobster Joseph “The Eagle” Gatto
Gambling history facts:
- The most popular form of charitable gambling is bingo. In California, bingo is the only charitable game that is legal.
- Legal gambling activities include state lotteries; parimutuel betting on horses, greyhounds, and jai-alai; sports book-making; card games; keno; bingo; slot machines; progressive slot machines; video poker machines; video keno machines; video blackjack machines; and video roulette machines.
- Gambling is Often Legalized to Promote Economic Development of Depressed Areas. That was an important motivation in Las Vegas, Atlantic City, New Jersey, and many of the other locales for casinos.
- Lotteries, along with their close derivative bingo, are the most popular kinds of gambling. The popularity of lottery games is not limited to state-run lotteries. Indian tribes run lotteries and illegal lotteries still exist.
RSS feed
