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Gaming News Archives - Page 4477MGM Mirage Reports Record Results20 October 2004
MGM Mirage reports adjusted EPS rose 68% to $0.57 in Q3 from $0.34 in Q3 2003, representing the company's best third quarter performance in its history and continuing a strong trend of year-over-year increases in earnings during 2004.
Pinnacle Entertainment Receives Louisiana Gaming License Renewals20 October 2004
Pinnacle Entertainment, Inc. reports that the Louisiana Gaming Control Board unanimously approved gaming license renewals for the Company's two current Louisiana casinos, Boomtown New Orleans and Boomtown Bossier City.
Casino Earnings: A Scorcher for Station20 October 2004
Giant locals gaming operator Station Casinos on Tuesday posted record earnings for the third quarter.
Nevada Gold Enters Memorandum of Agreement with California Tribe20 October 2004
Nevada Gold & Casinos, Inc. has entered into a memorandum of agreement with the Timbisha Shoshone Tribe for the management of a proposed casino resort in the City of Hesperia, California.
Harrah's Entertainment Reports Record Q3 Results20 October 2004
Harrah's Entertainment has reported record Q3 revenues of $1.31 billion, up 25.5 percent from revenues of $1.04 billion in the Q3 2003.
Harrah's Declares Quarterly Cash Dividend20 October 2004
The board of directors of Harrah's Entertainment, Inc. have declared a regular quarterly cash dividend of 33 cents per share, payable November 24, 2004, to shareholders of record as of the close of business on November 10, 2004.
Philip Satre to Retire as Harrah's Chairman20 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 Loss20 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 Downs20 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 Casino19 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 Machines19 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 License19 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 Casinos19 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 Governor19 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 Resort19 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 System19 October 2004
Interactive Systems Worldwide Inc.’s SportXction play-by-play betting system was successfully launched yesterday with Victor
Chandler International.
Sportingbet Shares Up19 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 Lotteries19 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 Big19 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.
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