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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 a 400-room luxury hotel, conference facilities, a casino, shops, restaurants and bars, Britain's Quintain Estates & Development Plc said Tuesday. "Wembley promises to be...
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, ...
Summer concerts: croak to croon?Summer concerts: From croak to croon? After a lousy 2004, concert promoters have reason to think this year will be different. April 7, 2005: 3:22 PM EDT By Krysten Crawford, CNN/Money staff writer NEW YORK (CNN/Money) - After striking a low note last year, the concert business is poised to sing. For the live-music industry, "last year was the perfect storm of things that could go wrong," said Ray Waddell, a senior writer for Bi...
Woman fired for not wearing lipstickWoman 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, Darlene J...
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 ...
Wall St. Expected to Open Slightly Lower LONDON (Reuters) - Wall Street was expected to open slightly lower on Friday but United Technologies Corp. (UTX.N: Quote , Profile , Research ) may climb after its chief executive gave an upbeat outlook. Key economic data may also affect stocks. Producer prices and the University of Michigan consumer sentiment index are both scheduled for release. "Today is all about P...
As Gambling Goes Mainstream, Deals Mount By Deena Beasley LOS ANGELES (Reuters) - The planned purchase of the storied Golden Nugget casino in Las Vegas by Landry's Restaurants Inc. (LNY.N: Quote , Profile , Research ) is further evidence of how gambling has become mainstream entertainment, analysts say. Outside businesses are looking favorably on the casino industry, which is known for generally strong cash flows. "Gaming has become more acceptable as an entertainment source similar to going to the movies or out to dinner,"...
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 i...
Ahold, Ex-Execs Settle with Regulators WASHINGTON (Reuters) - Ahold NV (AHLN.AS: Quote , Profile , Research ) , the Dutch grocery operator, and three former top executives have agreed to settle U.S. securities fraud charges related to massive overbooking of profits, the company and U.S. regulators said on Wednesday. The U.S. Securities and Exchange Commission declined to fine Ahold, sayi...
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 $31-a-share offer price, inclu...
Britney Spears' pregnancy test sellsBritney Spears' pregnancy test sells Oops...a Canadian radio station has sold her alleged pregnancy test to GoldenPalace.com for $5,001. May 12, 2005: 6:56 AM EDT NEW YORK (CNN/Money) - The Internet casino noted for its unusual eBay purchases acquired Britney Spears' alleged pregnancy test for ...
Faulty towers?Faulty towers? Nope. Companies that lease antenna space to wireless carriers might be the best bets in telecom. March 8, 2005: 12:15 PM EST By Paul R. La Monica, CNN/Money senior writer NEW YORK (CNN/Money) – Investors often can profit handsomely from a misunderstanding on Wall Street. Take wha...
Breast implant sold for $16,766Breast 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 bought a grilled cheese sandwich said to bear the image of the Virgin Mary. Montreal based Internet casino company GoldenPalace.com won the bid for the in...
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