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Gaming News Archives - Page 4462South African Casino Shareholders in Trouble22 April 2004
International News Brief: The Black Economic Empowerment shareholders of South Africa’s Hemingways Casino are in financial trouble after a leading bank called up its loans.
Caesars Reports Record Q1 Results22 April 2004
For Q1, Caesars reported record net income of $79 million, or $0.25 per fully diluted share, a 93 percent increase from net income of $41 million, or $0.14 per fully diluted share, reported for Q1 2003.
Red Rock Station to Feature IGT EZ Play Machines22 April 2004
IGT have reached an agreement with Station Casinos for the purchase of 2,100 new machines for Red Rock Station, currently scheduled to open in late 2005 or early 2006.
IGT Reports Results Up22 April 2004
IGT reports Q2 net income totaled $116.9 million or $0.32 per diluted share versus $87.1 million or $0.25 per diluted share in the prior year quarter. Revenues grew 20% in the second quarter to a record $636.1 million compared to $529.1 million in the prior year quarter.
Former Browns Back Charged With Running Gambling House21 April 2004
News Brief: Police raided Browns defensive back Corey Fuller's Florida home Tuesday, busting up a poker game.
Panel Debates Anchorage Casino Plan21 April 2004
The House Finance Committee heard arguments Monday for and against a bill that could lead to a casino opening in Anchorage.
Glasgow Odds-on Favorite for UK Gambling Capital21 April 2004
International News Brief: The continuing regeneration of Glasgow has made the city odds-on favourite to be the gambling capital of the UK, according to MGM Mirage.
Harrah's Optimistic on Fourth Vegas Property21 April 2004
Harrah's Entertainment Inc.'s top executive today said prospects for opening a fourth hotel-casino in Las Vegas using the "Horseshoe" brand look good and that the company is "taking a look at growth prospects for Las Vegas."
Alliance Stock Tumbles on Weak Profit Report21 April 2004
Alliance Gaming Corp., the No. 2 U.S. manufacturer of slot machines, today reported improved earnings for its fiscal third quarter, but fell short of analysts' expectations. Its stock slumped on the news.
Pimlico, Laurel Park Results Slump21 April 2004
News Brief: Profits at Pimlico Race Course declined by 58% in 2003 when compared with the previous year while losses at its sister track Laurel Park ballooned.
Magna to Develop Gulfstream Park, Santa Anita Park21 April 2004
News Brief: Frank Stronach, founder and chairman of Magna Entertainment Corp., said that the company will soon announce plans to develop land at Gulfstream Park and Santa Anita Park into retail and entertainment complexes.
MGM Mirage Profit Soars 50%21 April 2004
Profit at MGM Mirage more than doubled in the first quarter as the improving economy and special events including Chinese New Year and the Super Bowl boosted results at the company's resorts in Las Vegas, the company reported today.
Singapore Official: Gaming Operator Merger Won't Hurt Charities21 April 2004
International News Brief: According to Second Finance Minister Lim Hng Kiang, charities now being supported by Singapore Pools have been assured they will continue to receive funding after the gaming operator is acquired by the Totalisator Board.
Detroit Track Competitors Trade Barbs21 April 2004
News Brief: The battle to build a horse track at the Michigan State Fairgrounds has gotten personal.
Wembley Bidding Heats Up21 April 2004
International News Brief: Shareholders in Wembley have been offered an extra £7.6m in an increased bid from a group of investors including the South African gambling tycoon Sol Kerzner.
Missouri County Prepares for Casino Proposal21 April 2004
News Brief: The St. Louis County Council on Tuesday set a timetable to decide whether to support a proposal for a riverboat gambling casino complex in Lemay.
Borgata to Open Outdoor Venue21 April 2004
News Brief: A seasonal outdoor events area the Borgata Hotel Casino & Spa soon will start building.
New Jersey Track Bailout Gets Preliminary Approval21 April 2004
News Brief: A New Jersey agency gave preliminary approval Tuesday to an $86 million deal that will bail out the state’s financially strapped horse racing tracks and prevent them from having video slot machines in competition with Atlantic City casinos.
Private Company to Run Proposed Singapore Casino21 April 2004
International News Brief: According to Second Finance Minister Lim Hng Kiang, a private company will probably run the casino that the Singapore government is mulling over on one of its southern islands.
Bond Doubled for Alleged Gambling Boss21 April 2004
News Brief: One of the suspects arrested in an alleged French Quarter drug and gambling operation has had his bond doubled to $300,000.
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