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Gaming News Archives - Page 4544

 
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No More New Gambling Licenses in Iowa

27 February 2004
News Brief: Iowa lawmakers voted Thursday to allow Prairie Meadows and other racetracks to have table games such as blackjack, but chose to ban new gambling licenses in counties that don't already have one.
 

Kentucky Casino Bill to be Filed

27 February 2004
News Brief: The gambling proposal that House Speaker Pro Tem Larry Clark expects to file today would earmark $175 million a year for statewide education programs from nine Kentucky casinos.
 

Compulsive Gambler Wins Lawsuit

27 February 2004
International News Brief: A compulsive gambler who lost his business and tried to commit suicide after running up huge debts at Casino Austria casino has won a lawsuit against the casino.
 

Rank Bets on Gaming

27 February 2004
International News Brief: Rank staked its future on the growth of gaming after blaming the Hard Rock restaurant and cafe unit for dragging 2003 profits lower.
 

GTECH Scandal Threatens Brazil's President's Reputation

27 February 2004
International News Brief: GTECH Holdings and the U.S. Embassy in Brazil are being sucked into a widening scandal that threatens the credibility of Brazil's leftist president, his reform plans and his once squeaky-clean party.
 

Sky City Reports Rise in Profit

27 February 2004
International News Brief: Casino operator Sky City Entertainment Group has reported a 4% rise in first half net profit.
 

Nova Scotia Reaches Settlement with Gaming Head

27 February 2004
ews Brief: The Nova Scotia government has reached an out-of-court settlement with the former head of its alcohol and gaming authority.
 

Multimedia Games Supports New Oklahoma Gaming Legislation

27 February 2004
Multimedia Games supports the passing of the Oklahoma Senate Bill 553, which authorizes the operation of certain forms of gaming at Oklahoma's racetracks and additional types of games at tribal gaming facilities in the state.
 

Shuffle Master Reports First Fiscal Quarter Results

27 February 2004
For Q1, Shuffle Master reported revenue of $15.6 million, compared to $11.9 million for Q1 2003, an increase of 31%. Net income was $5.9 million, or $0.34 per diluted share, compared to $3.3 million, or $0.19 per diluted share for Q1 2003.
 

Scientific Games Q4, Yearly Results Up

27 February 2004
Scientific Games reports revenues in Q4 were $176.8 million, up from $118.9 million in Q4 2002. EBITDA increased 54% to $47.2 million from $30.7 million in the comparable period of 2002.
 

Barrick Gaming Secures Financing for Acquisitions

26 February 2004
Barrick Gaming, the start-up company buying four downtown Las Vegas casinos from gaming pioneer Jackie Gaughan recently secured financing for the roughly $82 million deal, a company executive said today.
 

Individuals Not Named in Venetian Complaint

26 February 2004
Don't look for the names of The Venetian executives responsible for rigging three February 2002 contests for high-rolling gamblers in the complaint and settlement agreement the megaresort and the Gaming Control Board agreed to Tuesday.
 

Aladdin's Loss Narrows

26 February 2004
The bankrupt Aladdin resort on the Las Vegas Strip reported a $402,122 loss in January in a recent filing with the U.S. Bankruptcy Court.
 

Mandalay Ad Campaign Stresses Fun

26 February 2004
Mandalay Resort Group is changing the direction of its advertising for its 4,404-room Luxor megaresort on the Las Vegas Strip.
 

Wynn: Rule Changes will Advance Chinese Casino

26 February 2004
Recent developments make it clear that Wynn Resorts will soon begin building its Wynn Macau resort, Steve Wynn said Wednesday.
 

Venetian Exec Leaves for New Venture

26 February 2004
Venetian hotel-casino owner Sheldon Adelson's right-hand man, David Friedman, is leaving the company to build a new gaming resort in Las Vegas.
 

Las Vegas Boost Room Profits

26 February 2004
Despite flat room rates and tepid leisure travel demand, major Strip hotel-casinos are successfully squeezing ever-higher profits per room, according a Fulcrum Global Partners report.
 

Wisconsin Tribe Sets 2005 Deadline for Casino

26 February 2004
News Brief: If everything is not done for the Lac du Flambeau Band of the Lake Superior Chippewa Indians to proceed with its Shullsburg casino by 2005, it will be over, according to a tribal spokesman.
 

Courts Reject California Tribe's Appeal Request

26 February 2004
News Brief: The U.S. Supreme Court has turned down the appeal from the Coyote Valley Band of Pomos in its last avenue through which to reject signing a gambling compact with the state.
 

Minnesota Anti-Casino Fliers Draws Criticism

26 February 2004
News Brief: Some are criticizing a flier opposing the expansion of state-sponsored casino gambling, calling it evidence of the power of Indian tribes' money.
 


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