Entries Tagged as 'Gambling'

Watching Televised Poker

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

In recent years watching poker on TV has become quite the popular past time for many people throughout the world, especially casino players. There is something very exciting about know what everyone at the table is holding and trying to predict what their next move may be. Not to mention that there is also usually millions of dollars at stake.

There are a few things that make TV poker a little more exciting than watching live games. Often times the hands with minimum action are not shown at all. There isn’t always much to see in a poker game. A lot of the time everyone will fold to the big blind and the game will continue to the next hand. Since broadcasters know that this type of action will not increase the ratings, the hands are simply edited out of the game and only the exciting hands are televised. This is why most times you won’t see a live poker game on TV.

Poker on TV is probably one of the biggest reasons that Texas Hold’em has become such a mainstream popular game. People around the world watch and literally picture themselves in the shoes of the players that are taking home the big bucks.

Because most poker players are regular people like you and me interested in casino games, it is really easy to envision yourself sitting up there, finding out that you are holding the absolute best poker hand and becoming an instant millionaire.

Yes it is true that online poker at online casinos and land based poker in casinos throughout the world has changed the lives of many people!

Playing Poker Online

Gambling man

Image by waffler via Flickr

The image most commonly associated with poker is that of an old western style saloon, with thick cigar smoke filling the air making the dense atmosphere even less breathable. On the table beside the ever present six shots (brought probably to make sure nobody does any cheating) are half empty glasses of bourbon and of course the indispensable poker cards.

This image has changed a lot over the years. Poker has moved to casinos and international championships, where the place of the six-shot shooters was taken by surveillance cameras. Of course, living in the digital era, where virtually anything can be done and is done online poker does not escape the trend either.

The online poker industry is booming. The first shy steps taken on the path of online poker playing were nothing compared the industry that exists today. Players can participate in online championships wining real money, and lots of it. As the pots get fatter with every day passing, the quality of players improves too, and the game itself is transforming.

Considering what the online poker industry has become, we can state that we have truly come a very long way from those old saloons filled with some.

The only question is: has poker become any better?

Reblog this post [with Zemanta]

Spotlight 29 Casino Welcomes Etta James and the Roots Band With Tower of Power

COACHELLA, Calif., Aug. 15 /PRNewswire/ — Call it a jazz concert. No wait, a blues show. Maybe it’s a funk jam. What label do you put on a show that stars legendary artists Etta James and Tower of Power? How about “the concert of the year?”
(Photo: )
(Logo: )

Spotlight 29 casino is proud to welcome multiple Grammy winner, Rock n’ Roll Hall of Fame inductee and legendary blues artist Etta James and the Roots Band on September 27. Also appearing are special guests Tower of Power, the band critics call “the premiere bastion of true soul and funk in modern music,” who are on their 40th anniversary tour.
James’ distinguished career spans five decades, making her a true legend in the recording industry. She is a three-time Grammy award winner, NARAS Lifetime Achievement, Rhythm & Blues Foundation Pioneer awardee and W.C. Handy Blues Foundation honoree, and even has her own star on the Hollywood Walk Of Fame.
James has an incredible list of landmark hits to her credit, including her signature tune, “At Last,” along with “All I Could Do Was Cry,”"My Dearest Darling,”"Trust In Me,”"Something’s Got A Hold On Me,”"Tell Mama,”"Fool That I Am” and “Don’t Cry Baby.” In the 1960s, she had a run of charting records that ranked her as one of the most prolific female R&B vocalists of her era.
James was inducted into the Rock & Roll Hall Of Fame in 1993, and two years later, she won her first Grammy, after nine previous nominations. Her second Grammy came in 2003 and her third in 2005 in the Traditional Blues Album category for the album Blues to the Bone.
With 40 years of recording and touring experience, critics still refer to Tower of Power as “a very contemporary sounding band.” With a sound that is hard to describe and best just experienced, Tower of Power blends jazz, funk, rock and soul in a way no group ever has.
Formed in San Francisco during the city’s psychedelic era, Tower of Power has toured and recorded with the industry’s top names, including Elton John, Smokey Robinson, Rod Stewart and Dionne Warwick, and has influenced countless others across generations. The band continues to sell out venues across North America, Europe and Japan, drawing old and new fans, who will often plan their vacations around a Tower of Power concert.
Today the band is fronted by founders Emilio Castillo and Stephen “Doc” Kupka, along with Francis Rocco Prestia, David Garibaldi, Larry Braggs, Roger Smith, Tom E. Politzer, Adolfo Acosta, Michael (Iron Mike) Bogart and Mark Harper.
Tickets for Etta James and the Roots Band with Tower of Power are $85, $75, $65 and $55 and are available now at Spotlight29.com and at the Spotlight 29 casino Gift Shop or by calling (800) 585-3737. Show time is 8 p.m.
Put the spotlight on fun at Spotlight 29 Casino, the Coachella Valley’s most exciting place to play. Spotlight 29 casino is a business venture of the Twenty-Nine Palms Band of Mission Indians. Turn it on at .
Contact:
Paul Speirs, Steinbeck Communications
(702) 413-4278,

Spotlight 29 Casino

MPEL Announces Date of Second Quarter 2008 Earnings Release and Conference Call with Investors

NEW YORK, Aug. 11 /PRNewswire-FirstCall/ — Melco Crown Entertainment Limited announces that the Company will file its second quarter results for 2008 on Form 6-K with the U.S. Securities and Exchange Commission on Thursday, August 14, 2008 to be followed by a conference call on the same day at 8:30 a.m. Eastern Daylight Time (or 8:30 p.m. Hong Kong Time) to discuss the Company’s quarterly financial results for the three months ended June 30, 2008.
To join the conference call, please use the dial-in details below:
US Toll Free Number: 1.866.770.7146
US Toll Number (for international callers): 1.617.213.8068
Hong Kong Toll Free Number: 852.3002.1672
Australia Toll Free Number: 1.800.002.971
UK Toll Free Number: 00.800.280.02002
Passcode: MPEL

An audio webcast will also be available at .

A replay of the call will be available on the same day at 10:30 a.m. Eastern Daylight Time (or 10:30 p.m. Hong Kong Time) until August 21, 2008. To listen to the replay, please use the dial-in details below:
US Toll Free Number: 1.888.286.8010
US Toll Number (for international callers): 1.617.801.6888
Passcode: 72654621

About Melco Crown Entertainment Limited

MPEL is a developer, owner and through its sub-concession holding company an operator of casino gaming and entertainment casino resort facilities in Macau. Its first property, Crown Macau (), opened in 2007.
Other development projects include City of Dreams, an integrated urban casino resort located in Cotai, Macau. MPEL’s business also includes the Mocha Clubs (), which feature a total of approximately 1,100 gaming machines in seven locations and comprise the largest non-casino based operations of electronic gaming machines in Macau. MPEL has entered into an agreement, subject to certain conditions, to acquire a third development site on the Macau Peninsula. For more information about MPEL, please visit .
MPEL has strong support from both of its major shareholders, Melco International Development Limited (”Melco”) and Crown Limited (”Crown”). Melco is a listed company on the Hong Kong Stock Exchange and is substantially owned and led by Mr. Lawrence Ho, who is Co-Chairman and the CEO of MPEL. Crown is a top-50 company listed on the Australian Stock Exchange and led by Executive Chairman James Packer, who is also Co-Chairman and a Director of MPEL.
Melco Crown Entertainment Limited

Twelfth Member of Casino-Cheating Criminal Enterprise Pleads Guilty to Racketeering Conspiracy Targeting Casinos Across The United States

WASHINGTON, Aug. 8 /PRNewswire-USNewswire/ — Tien Duc Vu, 50, pleaded guilty today in San Diego to conspiring to participate in a racketeering enterprise, the “Tran Organization,” in a scheme to cheat casinos across the country out of millions of dollars, Acting Assistant Attorney General for the Criminal Division Matthew Friedrich, U.S. Attorney for the Southern District of California Karen P. Hewitt and U.S. Attorney for the Western District of Washington Jeffrey C. Sullivan announced today. Vu also pleaded guilty to conspiring to commit theft from the Nooksack River Casino, an Indian tribal gaming establishment near Deming, Wash.
A three-count indictment was returned in San Diego on May 22, 2007, and unsealed on May 24, 2007, charging Vu and 13 others each with one count of conspiracy to participate in the affairs of a racketeering enterprise; one count of conspiracy to commit several offenses against the U.S., including conspiracy to steal money and other property from Indian tribal casinos; and one count of conspiracy to commit money laundering. As part of his plea agreement, Vu agreed to have a separate indictment against him transferred to San Diego for plea purposes. The separate indictment, unsealed on May 24, 2007, in the Western District of Washington, charged Vu and four others for alleged violations related to card-cheating activity at the Nooksack River Casino.
The San Diego indictment also charged five separate individuals each with one count of conspiracy to commit several offenses against the U.S., including conspiracy to steal money and other property from Indian tribal casinos; and one count of conspiracy to commit money laundering.
In his plea agreement, Vu admitted that on numerous occasions between approximately early 2005 and late 2005, he participated in gambling cheats together with other alleged members of the Tran Organization at casinos. These casinos include Nooksack River Casino in Deming, Wash.; Beau Rivage Casino in Biloxi, Miss.; Foxwoods Resort Casino in Ledyard, Conn.; and L’Auberge du Lac Hotel & Casino in Lake Charles, La.
Vu also admitted in his plea agreement that he and his co-conspirators unlawfully obtained up to $2.5 million during card cheats. In addition, Vu agreed to the forfeiture of $53,500, in the form of a personal money judgment. He also acknowledged that the restitution that he may be ordered to pay by the court at sentencing is not limited by the forfeiture amount.
According to the indictment, the defendants and others executed a “false shuffle” cheating scheme at some of the listed casinos during blackjack and mini-baccarat games. The indictment alleges that members of the criminal organization bribed casino card dealers and supervisors to perform false shuffles during card games, thereby creating “slugs” of un-shuffled cards. The indictment also alleges that after tracking the order of cards dealt in a card game, a member of the organization would signal to the card dealer to perform a “false shuffle,” and members of the group would then bet on the known order of cards when the slug appeared on the table. By doing so, members of the conspiracy repeatedly won thousands of dollars during card games - totaling up to $868,000 on one occasion.
Furthermore, the indictment alleges that the members of the organization used sophisticated mechanisms for tracking the order of cards during games, including hidden transmitter devices and specially created software that would predict the order in which cards would reappear during mini-baccarat and blackjack games.
An indictment is merely an allegation and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.
Vu’s sentencing is scheduled for Dec. 8, 2008 in San Diego, before U.S. District Judge John A. Houston, in U.S. District Court for the Southern District of California. At sentencing, Vu faces a maximum sentence of 20 years in prison on the racketeering conspiracy charge and a maximum of five years in prison on the conspiracy charge relating to theft from an Indian tribal gaming establishment.
Vu is the twelfth defendant to plead guilty in the San Diego indictment. Phuong Quoc Truong, Anh Phuong Tran, Martin Lee Aronson, Liem Thanh Lam, George Michael Lee, Son Hong Johnson, Barry Wellford, Willy Tran, Tuan Mong Le, Duc Cong Nguyen and Han Truong Nguyen have all pleaded guilty to charges against them related to this scheme. Han Truong Nguyen was sentenced on May 12, 2008, to 27 months in prison and ordered to pay $1,896,659 in restitution, payable to designated victims in the case. Nguyen was also ordered to serve three years of supervised release. The remaining defendants who pleaded guilty are awaiting sentencing.
The case is being investigated by the FBI’s San Diego Field Office; the Internal Revenue Service-Criminal Investigation; the San Diego Sheriff’s Department; and the California Department of Justice’s Bureau of gambling Control. The investigation has received assistance from federal, state, tribal and foreign authorities, including: the Ontario Provincial Police; the National Indian Gaming Commission; the U.S. Attorney’s Office for the Western District of Washington; FBI Resident Agencies in Gulfport, Miss., Tacoma, Wash., and Toledo, Ohio; the Indiana State Police; the Rumsey Rancheria Tribal Gaming Agency; the Sycuan Gaming Commission; the Barona Gaming Commission; the Mississippi Gaming Commission; the Washington State gambling Commission; and others.
The prosecution of the case is led by the Criminal Division’s Organized Crime and Racketeering Section (OCRS). Department of Justice Trial Attorneys Joseph K. Wheatley, Robert S. Tully and Gavin A. Corn are prosecuting the indictment in San Diego. Assistant U.S. Attorney J. Tate London of the U.S. Attorney’s Office for the Western District of Washington is prosecuting the case in Seattle relating to alleged cheating at the Nooksack River Casino.
U.S. Department of Justice

PA Gaming Control Board’s Director of Licensing a Panelist at Council of State Governments Forum

HARRISBURG, Pa., Aug. 7 /PRNewswire-USNewswire/ — Susan Hensel, the Pennsylvania Gaming Control Board’s Director of the Bureau of Licensing, will be part of a panel discussion on gaming at the 48th Annual Meeting and Regional Policy Forum held by the Council of State Governments. The event will be held August 10-13, 2008 at the Sheraton Hotel in Atlantic City, New Jersey.
The panel discussion will explore the economic benefits and challenges facing both state governments and operators during difficult economic times. Hensel will make a presentation on the status of slot gaming in Pennsylvania including the generation of tax revenues, job creation, and the impact of these businesses on good and services vendors.
The write up for the panel discussion reads: “Legalized Gaming has become an economic driver for many states, bringing jobs, capital construction and needed tax revenue. However, as gaming and competition expands and the economy and gas prices take a toll on discretionary income, demands are increasing for both state governments and operators. This panel, consisting of both state regulators and representatives of the gaming industry will explore the economic benefits and challenges facing gaming.”
Hensel will be joined by Joseph A. Corbo, Jr., President, casino Association of New Jersey, and Vice President and General Counsel, Borgata Hotel casino & Spa; Linda M. Kassekert, Chair, New Jersey casino Control Commission; Ed Suttor, President & CEO, Dover Downs Hotel & Casino; Mr. George Henningsen, Chairman, Mashantucket Pequot Tribal Gaming.
Since the opening of the first Pennsylvania slots casino in November 2006, legalized slots gaming has generated over $1.6 billion in revenues. These funds are being used to provide general property tax relief to all Pennsylvania homeowners, more than double those eligible to receive rebates under the property tax and rent rebate program for seniors, reinvigorate the state’s horse racing industry, and provide thousands of new living wage jobs.
In addition, the seven slot machine casinos currently in operation have injected over $96 million of new revenue into the budgets of the county and local governments that serve as hosts to these facilities. During the next year, two facilities that have received licensing are scheduled to open while two existing licensed facilities are slated to significantly expand.
Hensel, who was one of the first employees of the Pennsylvania Gaming Control Board, was named to head the Bureau of Licensing in November 2005.
Hensel is also the currently the Executive Secretary of the International Association of Gaming Regulators (IAGR), which is made up of twelve regulators from throughout the world, including Australia, Norway, Singapore, Sweden, South Africa, United Kingdom and the United States. Before joining the Gaming Board, Hensel worked on gaming implementation issues as a Special Assistant to then-Pennsylvania Secretary of Revenue Gregory C. Fajt. Before joining the Revenue Department, Hensel was an Assistant General Counsel in the Governor’s Office of General Counsel; a Staff Attorney at the state Office of Inspector General; and Executive Assistant to the Pennsylvania Secretary of Labor & Industry. She was also a general assignment reporter at WHP-TV in Harrisburg and a news producer at WISN in Milwaukee. Hensel earned her J.D. degree from Widener University Law School in Harrisburg, where she graduated cum laude from the evening division and was on the staff of the Law Review. She earned a bachelor’s degree in broadcast journalism from the University of Wisconsin-Milwaukee.
A complete biography for Hensel is available on the Gaming Control Board’s web site at under the About PGCB/Executive Staff tab.
Established in 1933, the Council of State Governments (CSG) is a non-partisan, public, non-profit organization that provides information, research, and training to state officials in all 50 states and U.S. territories.
CONTACT: Doug Harbach or Richard McGarvey
(717) 346-8321
Pennsylvania Gaming Control Board

New Home Study Course Shows Roulette Players How to Make ‘Every Spin Win’

COON RAPIDS, Minn., Aug. 6 /PRNewswire/ — When Donny Miller was studying to be a civil engineer, his math professor gave him and two of his fellow students an extra credit assignment for Calculus III: assessing probabilities related to the roulette wheel. They became so intrigued that even after completing the assignment, they looked for a way to beat the wheel. That was the beginning of the strategy dubbed “Every Spin Wins” ().
Miller created the math theory that resulted in his simple easy-to-learn, easy-to-master betting system. While his college pals have opted to enjoy the benefits of the strategy for themselves, Miller decided to share it with others. After two years of providing private training to a select group of students, he partnered with one of his first students, Nicholas Cenaiko, to create EverySpinWins.com, offering the general public a home study course complete with a DVD set and illustrated print manual.
One of the questions answered by the course was whether or not a roulette wheel has a “memory.” According to Cenaiko, “Many people think that if black comes up 10 or 12 times, red must surely be due to come up soon. So they start betting in that direction. But gaming statistics are based on all tables, so what if while one table has 12 spins black, another table across the room or across the street has 12 spins red at the same time? That’s something to think about.”
By simply covering 100 percent of the wheel, but at different levels of chips and at different odds, Miller’s strategy enables players to win additional chips with each spin. Trainees win increments of $500 to $2,000 per sitting and so go unnoticed when they visit casinos. Miller still enjoys going to casinos unnoticed to this day.
The course DVDs were filmed in a private setting but with a real roulette wheel and table. “Though the manuals would be enough, nothing compares to the actual ’seeing is believing’ experience that you can have through the DVDs and their step-by-step instructions,” explained Cenaiko.
The Every Spin Wins Web site went live in late June with no advertising, just word-of-mouth. However, it has already sold more than 100 courses. Visitors to the Web site can see testimonials from those first purchasers.
Buyers receive access to Miller himself via his business telephone number and personal e-mail address, which are included in the course materials. In addition, they can try out the home study course for a full year and if unsatisfied, return it for a refund.
The course will be available for a special price of $795 until September 10, 2008 when it will increase to $1,394. For more information, visit .
Contact:

Nick Cenaiko
(612) 599-9999

This release was issued through eReleases(TM). For more information, visit .
Every Spin Wins

Nashville Star judge to play Fallsview Casino in November

NIAGARA FALLS, ON, Aug. 5 /PRNewswire/ — Famed Music City songwriter and producer Jeffrey Steele will perform two solo shows at Fallsview casino in November as part of the resort’s fall concert line-up.
An energetic and gifted performer in his own right, Steele has become a popular TV personality thanks to his ongoing work as a judge on the country-music reality show Nashville Star. He is also familiar to regular concert-goers at Fallsview casino thanks to his past appearances with fellow Nashville songwriters Al Anderson, Craig Wiseman, Tim Nichols and Bob DiPiero on the extremely popular Songwriters Night shows.
Fallsview will also continue its series of international concerts in November with a pair of shows by popular Italian entertainers Peppino di Capri and Bobby Solo before finishing off the 2008 show schedule with a two-week salute to the holidays - Spirit of Christmas: A Magical Celebration.
The complete November 2008 performance schedule for Fallsview casino Resort is as follows:
Jeffrey Steele
Friday, November 7
Saturday, November 8
Showtime: 9pm (Doors open at 8pm)
Tickets start at $20

Having written for country’s top artists, multi-award winning songwriter and hit-making producer Jeffrey Steele takes the stage with hits like “What Hurts the Most,”"Brand New Girlfriend,”"My Wish,”"The Cowboy In Me,”"Unbelievable,”"Big Deal” and “Love Is a Beautiful Thing.”
Peppino di Capri and Bobby Solo
Sunday, November 9
Showtime: 7pm (Doors open at 6pm)
Monday, November 10
Showtime: 8:30pm (Doors open at 7:30pm)
Tickets start at $80

International Italian superstars Peppino di Capri and Bobby Solo take the stage with such hits as Di Capri’s “Malatia,”"Voce ‘e Notte,”"Luna Caprese,”"Vicino ‘o Mare,”"Speedy Gonzales” and “St. Tropez Twist” and Solo’s “Ora Che Sei Gia Una Donna,”"Una Lacrima Sul Viso” and “Se Piangi, Se Ridi.”
Spirit of Christmas: A Magical Celebration
November 15-30 (excluding November 25 & 26)
Monday - Thursday Showtimes: 3pm and 8:30pm
Friday and Saturday Showtime: 3pm and 9pm
Sunday Showtimes: 3pm and 7pm
Doors open one hour before showtime
Tickets start at $20

The spirit of Christmas comes alive as Fallsview casino presents your favourite holiday carols, along with a glittering cast of singers and dancers, gorgeous costumes and the highest-kicking chorus line this side of the North Pole.
Tickets to the November shows at Fallsview casino Resort will be available beginning at noon on Friday, August 8, at all Ticketmaster outlets, by calling Ticketmaster at 1-877-833-3110 or by visiting .
Built on a cliff overlooking the world-famous Horseshoe Falls, Fallsview casino Resort is one of the largest and most elegant gaming resort facilities in Canada and the crown jewel in Niagara’s stunning array of wonders. In addition to the intimate, 1,500-seat Avalon Theatre, Fallsview features a casino with over 3,000 slot machines and 142 gaming tables, a 374-room luxury hotel, a full-service spa and fitness centre, dozens of dining and shopping options and over 30,000 square feet of meeting and convention space.
Fallsview Casino

Aristocrat Technologies Completes OASIS 360(TM) Agreement With M Resort, Spa and Casino

LAS VEGAS, Aug. 4 /PRNewswire/ — Aristocrat Technologies has recently announced that the OASIS 360 casino Management System has been selected for the M Resort, Spa and Casino, a $1 billion resort scheduled to be completed in the spring of 2009 on South Las Vegas Boulevard.
Under the agreement, M Resort will leverage their Ethernet casino floor network with the use of Aristocrat’s SpeedMedia(TM) Marketing and Promotions applications on more than 1,900 Sentinel(R) III in-game displays across the casino. SpeedMedia gives M Resort the flexibility to create and deploy customized downloadable media and offers players additional gaming excitement with configurable secondary bonusing events.
In addition, OASIS 360 will provide M Resort with multi-game analysis, customer management tools, casino floor diagnostics applications, PersonalBanker(R) cashless wagering technologies and the integration of the resort’s hotel and food and beverage outlets.
Aristocrat Senior Vice President of Sales Sean Evans said, “We are thrilled that the M Resort, Spa and casino has chosen the OASIS 360 system for their property. We are confident that this newly enhanced product will provide the resort with the tools needed in order to provide its customers the highest levels of personal service throughout the property, and we are excited about partnering with them on this venture.”
Joseph A. Magliarditi, Executive Vice President and COO of M Resort, said, “We are pleased to partner with Aristocrat Technologies in order to provide our guests with the latest in casino management technology. Aristocrat Technologies is a leader in the industry and a company with whom we have had a long-standing relationship.”
Marnell Sher Gaming also partnered with Aristocrat Technologies for the casino management solutions for the Colorado Belle and Edgewater Hotel casino properties in Laughlin, Nev.
ABOUT ARISTOCRAT TECHNOLOGIES
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited , a leading global provider of gaming solutions that consistently outperform the competition. The Company is licensed by over two hundred regulators and its products and services are available in over ninety countries around the world.
Aristocrat offers a diverse range of products and services including electronic gaming machines, interactive video terminal systems, electronic tables, and casino management systems. For further information visit the company’s website at .
ABOUT M RESORT, SPA AND CASINO
M Resort, Spa and casino is located on approximately 90 acres of land at the southeast corner of St. Rose Parkway and Las Vegas Boulevard. Situated higher in elevation than other resort-casinos on the Las Vegas Strip, the M Resort will provide optimal views of the world-famous Las Vegas skyline from its guest rooms, suites, conference center and restaurants. The resort features 390 exceptionally appointed guest rooms and suites, over 92,000 square feet of gaming and more than 60,000 square feet of meeting and conference space in addition to a variety of luxury amenities including many dining and entertainment options as well as a state-of-the-art spa and fitness center offered to provide local and out of town guests with an unrivaled South Strip experience. For more information, visit .
Contact:
For Aristocrat Technologies: Paul Speirs, Steinbeck Communications
(702) 413-4278,

For M Resort, Spa and Casino: Rina Foster, Preferred Public Relations &
Marketing
(702) 254-5704,
Aristocrat Technologies, Inc.

San Pasqual Casino Development Group Announces Additional Extension of Amended Consent Solicitation Relating to its 8% Senior Notes Due 2013

VALLEY CENTER, Calif., Aug. 1 /PRNewswire/ — San Pasqual casino Development Group, Inc. (the “Company”), a wholly owned, tribally chartered corporation formed under the laws of the San Pasqual Band of Mission Indians (the “Band”), today announced that it is further extending the date by which consents must be received pursuant to its previously announced Consent Solicitation (as amended and supplemented on July 31, 2008) with respect to amendments to the indenture governing its outstanding 8% Senior Notes due 2013 (the “Notes”) issued on September 29, 2005 (as amended and supplemented, the “Consent Solicitation”). The Company issued a Supplement to the Consent Solicitation Statement on July 31, 2008, and at that time extended the expiration date of the Consent Solicitation until August 4, 2008. The Company is further extending the expiration date for the Consent Solicitation to 5:00 p.m., New York City time, on August 7, 2008, unless earlier terminated or further extended (such time and date, as they may be further extended, the “Consent Date”). Upon receipt of the requisite consents (which may occur prior to the Consent Date), the Company intends to effect the execution of a supplemental indenture containing the amendments.
Copies of the documents relating to the Consent Solicitation may be obtained from Global Bondholder Services Corporation at (212) 430-3774 and (866) 389-1500 (toll-free).
Merrill Lynch & Co. is the Solicitation Agent for the Consent Solicitation. Questions regarding the Consent Solicitation may be directed to Merrill Lynch & Co. at (888) 654-8637 (toll-free) and (212) 449-4914.
About the Company
The Company is a tribally-chartered corporation formed under the laws of the Band. The Company was chartered by the general council of the Band to oversee and direct the development, financing, construction, operation, maintenance and management of the Valley View casino and any of the Band’s future gaming operations.
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from those currently anticipated. The forward-looking information is based on various factors and was derived using numerous assumptions. In some cases, you can identify these “forward-looking statements” by our use of words such as “anticipate,”"expect,”"propose,”"plan,”"intend,”"designed,”"estimate,”"adjust” or the negative of those words and other comparable words. You should be aware that those statements reflect only our current views with respect to such matters. Actual events or results may differ substantially. The Company undertakes no obligation to publicly update or revise any forward-looking statements in connection with new or future events or otherwise.
San Pasqual casino Development Group, Inc.