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Gaming News Archives - Page 4723Trump Folds on Casino Plans24 July 2003
News Brief: Donald Trump is giving up on his 62-story, $1.5 billion casino hotel on the old World's Fair site in Atantic City.
Maryland Considers Slots24 July 2003
News Brief: Maryland weighs again whether to legalize slot machine gambling and, if so, whether to let the government run the enterprise and keep the proceeds as it does with the lottery.
Sky, Avago Reach Agreement24 July 2003
International News Brief: Sky Subscriber Services Ltd, the division responsible for all interactive services on the platform, has reached an agreement with gaming channel Avago over changes to its offering.
Florida Jackpot Rolls Over to $75 Million24 July 2003
The Jackpot for this Saturday's Florida Lotto drawing is estimated at $75 million!
Magna Entertainment Announces Resignations24 July 2003
Magna Entertainment has accepted the resignations of Ed Hannah, MEC's Executive Vice-President, Corporate Development and General Counsel and Peter Beresford, MEC's Executive Vice- President, Marketing and Strategic Planning.
Two New Instant Ticket Games Join Pennsylvania Lottery's Lineup24 July 2003
The Pennsylvania Lottery introduces two instant ticket games: Aladdin's Lamp, a $5 game, and Money MANIA, a $2 game.
Park Place Results Down24 July 2003
For Q2 2003, Park Place reported net income of $41 million, or $0.14 per diluted share. That compares to net income of $96 million, or $0.31 per diluted share, for Q2 2002.
Dover Downs Gaming Results Down24 July 2003
Dover Downs reports gross revenues decreased 6.5% to $52,578,000 compared with $56,250,000 for the Q2 2002. Net earnings were $4,385,000 or $.17 per diluted share compared with $5,703,000 or $.21 per diluted share for Q2 2002.
Penn National Gaming Reports Record Q224 July 2003
Net revenues for Q2 rose 98.0% to $325.0 million, compared to $164.1 million in the second quarter of 2002. Q2 EBITDA rose 98.6% to $71.7 million, from $36.1 million in the Q2 2002.
Lakes Entertainment Reports Profit24 July 2003
Lakes Entertainment, reports net earnings were $0.8 million and basic and diluted earnings were $0.07 per share. This compares with a net loss of $7.2 million and basic and diluted losses of $0.67 per share for Q2 2002.
Kerzner Q2 Results Up24 July 2003
Kerzner recorded net income in of $22.8 million, compared to net income of $9.8 million for Q2 2002 resulting in net income per share of $0.78 compared to $0.34 for Q2 2002.
Aztar Q2 Results Up24 July 2003
Aztar reported results for its Q2 2003, including record levels of operating income and EBITDA.
Heard it on the River24 July 2003
Area Casino Industry Demonstrates Commitment to Diversity23 July 2003
Malaysian Politician, 12 Others Held Over Gambling Activities23 July 2003
International News Brief: A Malaysian politician and 12 others were detained when police made several raids on Monday to weed out illegal gambling activities here.
Casino Earnings: Harrah's Posts Lower Profits23 July 2003
Harrah's Entertainment Tuesday reported net income for the second quarter of $76.7 million, down 11 percent compared with $86.1 million in the same quarter a year earlier.
Australian Province, Prison Combat Problem Gambling23 July 2003
International News Brief: The Victorian Government and Loddon Prison have joined forces to combat problem gambling.
Kentucky OTB Celebrates 10 Years23 July 2003
Kentucky Off-Track Betting Corp., owned by four of the state's racetracks, celebrated its 10th anniversary with total handle of $313 million through June 30.
Washington Casino Prepares for Olympics23 July 2003
News Brief: The Tulalip tribe is planning to accelerate the Tulalip Casino hotel’s construction in preparation for all the visitors that they expect from Vancouver, BC during the Olympics.
Gambling Foe Asks for Investigation into Racetrack Owner23 July 2003
News Brief: An outspoken Senate foe of gambling has asked Gov. Ed Rendell to order an investigation into the finances of the owner of a Philadelphia Park racetrack.
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