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Gaming News Archives - Page 4113Economic Forum: Surplus Estimate Grows3 May 2005
According to economic projections, the state of Nevada has as much as $585 million of them in surplus for the fiscal year ending June 30, and lawmakers will have to wrestle with how much of that to spend or give back to residents.
World Gaming Results Up3 May 2005
Net income from operations for 2004 was $5,183,000 or $0.16 per participating ordinary share compared to net income from operations of $2,127,000 or $0.05 per participating ordinary share for 2003.
Majestic Star Reports Profit3 May 2005
Majestic Star reports net revenues for Q1 were $57.7 million, compared to $59.0 million in Q1 2004. Income from continuing operations of $0.4 million compared to a loss of $1.6 million for Q1 2005.
The Strip: Wynn May Consider Dividend3 May 2005
For the first time since becoming a publicly traded company, the shareholders of Wynn Resorts Ltd. were able to hold their annual meeting in a building that was producing revenue toward their investment.
Sportsbook.com Releases Kentucky Derby Odds3 May 2005
As the Kentucky Derby, biggest horse racing event of
the year fast approaches, Sportsbook.com offers odds on the entire 18-horse field.
GoldenPalace.com Does it Again3 May 2005
Britney Spears’ alleged pregnancy test has been
sold by a Canadian radio station to none other than GoldenPalace.com.
Shuffle Master Authorizes Another $30 Million Share Repurchase Program3 May 2005
Shuffle Master, Inc.’s Board of Directors has authorized management to repurchase up to $30.0 million of Shuffle Master common stock in the open market under a new share repurchase program.
Youbet Signs Agreement with CBS Sportsline3 May 2005
Youbet.com, Inc. has signed an agreement to be the exclusive horse racing content provider for CBS SportsLine.com.
Pinnacle Results Up3 May 2005
Pinnacle Entertainment reports that for Q1, revenues rose 4.1% to $139.8 million from $134.4 million a year earlier. Adjusted EBITDA increased 13.5% to $27.1 million from $23.8 million for the prior-year period.
Kerzner Results Down Slightly3 May 2005
Kerzner reported net income in Q1 of $38.0 million compared to net income of $40.8 million in the Q1 2004, resulting in diluted net income per share of $1.01 compared to diluted net income per share of $1.28 in the same period last year.
Las Vegas Sands Results Up3 May 2005
Las Vegas Sands reports net revenue for Q1 2005 was a record $403.8 million, compared to $239.2 million in Q1 2004.
Dubuque Greyhound Selects Mariposa3 May 2005
Venture Catalyst reports that Dubuque Greyhound Park & Casino has licensed Mariposa, VCAT's award-winning customer relationship management, marketing and business intelligence software system.
Heard it on the River3 May 2005
Rudi Schiffer gives the lowdown on the latest news from the resorts in Tunica, Mississippi.
Churchill Downs Reaches Sponsorship Agreement with Visa USA2 May 2005
Churchill Downs Incorporated has reached a new five-year agreement with Visa USA to become sponsor of the company’s signature Thoroughbred race, the $2 million Kentucky Derby.
Harrah's Entertainment Declares Quarterly Cash Dividend2 May 2005
The board of directors of Harrah's Entertainment, Inc. declared a regular quarterly cash dividend of 33 cents per share, payable May 25, 2005, to shareholders of record as of the close of business on May 11, 2005.
Magna Reports Results Down2 May 2005
Magna Entertainment Corp. reports net loss for Q1 was $4.1 million, compared to net income for Q1 2004 of $21.1 million.
Casino Boat Passengers Stranded Again2 May 2005
ews Brief: For the second consecutive weekend, hundreds of guests aboard the Ocean Jewel casino boat were stranded for hours on the Gulf of Mexico, unable to ferry home because of stormy weather.
Ladbrokes Plans 200 More Outlets2 May 2005
International News Brief: Hilton Group, owner of the UK's Ladbrokes betting-shop chain, may open as many as 200 outlets to maintain its lead over William Hill, chief executive David Michels said.
Details of Expansion Discussed2 May 2005
The 1.5-million-square-foot condominium and hotel expansion project will break ground in October, Hard Rock Hotel President Kevin Kelley said after the presentation.
Casino Money a Different Game for Non-Nevada Banks2 May 2005
In Las Vegas, bankers hardly blink at a multi-million dollar change order from a Strip casino customer, but such a request creates quite a stir in just about any other market.
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