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Gaming News Archives - Page 4327

 
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Philip Satre to Retire as Harrah's Chairman

20 October 2004
Philip Satre will retire as chairman of Harrah's Entertainment, Inc. Gary Loveman will succeed Satre as chairman, while retaining his positions as president and chief executive officer.
 

Churchill Downs Reports Loss

20 October 2004
Churchill Downs reports net loss for Q3 was $3.8 million, compared to earnings of $7.9 million in Q3 2003.
 

Churchill Downs Sells Stake in Kentucky Downs

20 October 2004
Churchill Downs has sold a 19-percent stake in Kentucky Downs, including debt owed to CDI, to Kelley Farms Racing.
 

Prairie Meadows Opposes Casino

19 October 2004
News Brief: A Prairie Meadows Racetrack lobbyist and other supporters of the Altoona, Iowa, racing and gambling operation have formed an organization to oppose the building of another casino in the area and have begun an advertising blitz.
 

Company Plans $225 Million Casino Complex in U.K.

19 October 2004
Stanley Leisure Plc, the largest U.K. casino operator, plans to build a 125 million-pound ($225 million) casino complex at a site in Leeds, England, as the company seeks to capitalize on a relaxation of Britain's gambling laws.
 

Texas Commission to Decide on Betting Machines

19 October 2004
News Brief: Following a demonstration of Magna Entertainment Corp.’s Horse Wizard simplified betting machines, the Texas Racing Commission will decide whether to allow the machines at Lone Star Park during Breeders’ Cup week.
 

Mohegans File for Pennsylvania License

19 October 2004
News Brief: The Mohegans could have 200 slot machines on line at the Pocono Downs racetrack by spring if they obtain a conditional license from the State of Pennsylvania.
 

Profit Jumps at Station Casinos

19 October 2004
Strong revenue growth across Station Casinos Inc.'s locals casinos in Las Vegas boosted the company's profit by 47 percent in the third quarter, beating analysts' expectations, the company said today.
 

CNIGA Demands Apology from Governor

19 October 2004
e California Nations Indian Gaming Association demands an apology from Governor Schwarzenegger for a statement made during a campaign rally in San Diego.
 

Wynn Set to Start Taking Job Applications for New Resort

19 October 2004
More than 125,000 of the city's best workers are expected to apply for jobs at Steve Wynn's new $2.4 billion Strip resort.
 

ISWI, Victor Chandler Launch Betting System

19 October 2004
Interactive Systems Worldwide Inc.’s SportXction play-by-play betting system was successfully launched yesterday with Victor Chandler International.
 

Sportingbet Shares Up

19 October 2004
International News Brief: Professional punters yesterday decided to have a flutter on Sportingbet on hearing that it is in advanced negotiations over the possible acquisition of a 'substantial' online poker business.
 

NHL Lockout Hurts Sports Lotteries

19 October 2004
News Brief: With the National Hockey League lockout continuing, the people who profit from sports lotteries are feeling the pinch.
 

South African Casinos Win Big

19 October 2004
International News Brief: Gambling in South Africa has made a few people wealthier and left most casino visitors worse off. It's the casino operators who've really hit the jackpot.
 

Seneca Niagara Casino Expands Slots

19 October 2004
News Brief: The Seneca Niagara Casino has installed a series of new slot machines that are themed to Hollywood and TV shows.
 

Analysts: Washington Gambling Industry Could Grow More

19 October 2004
News Brief: Gambling is booming in Washington, with an estimated 7.8 million players generating more than $1.5 billion this year in net receipts. Some analysts say that the industry is ripe for greater expansion.
 

Senator Opposes Pennsylvania Law Changes

19 October 2004
News Brief: Senator Vince Fumo opposes proposed changes to Pennsylvania's 3-month-old gambling law, claiming that it would cost Pennsylvania 1,000 jobs.
 

Ads Focus on Proposal Debate

19 October 2004
Supporters of Proposal 1 are countering the Michigan Lottery and Gov. Jennifer Granholm, saying in new advertisements their initiative would not hurt funding for public schools.
 

Problems Revealed in California Tribal Commission

19 October 2004
News Brief: Almost half of the Chumash gaming commission have backgrounds that would preclude them from working at casinos in other states.
 

Amex Prevents Punters Gambling Online

19 October 2004
News Brief: American Express and Citigroup took the decision to block the use of their cards because of concerns over fraud and fears that people might run up debts.
 


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