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Gaming News Archives - Page 4728Analysts Update Views on Companies18 July 2003
Todd Jordan, an analyst at Buckingham Research Group, upgraded shares of Mandalay Resort Group to a 'strong buy' Thursday after the stock declined in the wake of MGM MIRAGE's weak earnings announcement.
Casino Paying Damages18 July 2003
News Brief: The owner of a large casino has agreed to pay more than $1.5 million to 36 former housekeepers who claimed they were ordered not to speak Spanish on the job, even among themselves.
Casino Industry Driving South Nevada Housing Boom18 July 2003
Nevada continues to lead the nation in growth of its housing stock, a federal agency reported today.
Casino Earnings: Giant's Profits Slide 47 Percent18 July 2003
MGM Mirage stock took a temporary hit Thursday morning after company executives announced their decision not to begin offering regular dividends to shareholders.
At Thai bordello, Caesars Stands for Vice, Not Dice18 July 2003
Park Place Entertainment Corp. isn't the only business that wants to call itself Caesars Entertainment. A brothel by the same name has been providing services in Bangkok, Thailand, for years.
N.Y. Ruling to Help Las Vegas Companies18 July 2003
Two Las Vegas casino operators stand to benefit from a decision by New York state Supreme Court Justice Joseph Teresi Thursday to uphold legislation authorizing up to six casinos western New York and the Catskill Mountains, and video slot machines at horse racing tracks.
Cheaters Use Variety of Tools to Get into Slot Machines18 July 2003
News Brief: The tools were crude: pieces of bent wire, tokens with short lengths of fishing line running through them, discs of lead. But they've been successfully used to cheat casino slot machines.
New Tax Hike Spurs 4 Casinos to Seek Shorter Hours18 July 2003
News Brief: Four Illinois casinos, three of them in the Chicago area, want to reduce the amount of time they're open in response to higher state wagering taxes that kicked in on July 1.
NYRA's Mystery Voucher Promo Stopped Mid-Stream17 July 2003
News Brief: After mailing out 180,000 vouchers to its fans, the New York Racing Association has scuttled the 'mystery voucher' program after state regulators ordered new safeguards implemented in the program.
Park Place Says Borgata Hasn't Hurt Business in NJ17 July 2003
News Brief: Park Place has not seen a downturn in business in Atlantic City despite the opening of the rival Borgata casino at the beginning of July.
Ticket Sold in Kentucky Wins $13.5 Million Powerball Jackpot17 July 2003
Once the prize is claimed, the Kentucky winner will choose between the $13.5 million annuity and the cash value of the prize, $7,522,151.20.
Prima Poker Sends Players to Grand Prix de Paris17 July 2003
Prima Poker has taken two satellite winners to play in the World Poker Tour’s famous Grand Prix de Paris.
Park Place Official Denies Sell-Off Talks17 July 2003
Park Place denied analysts' speculation and published reports that it is actively trying to sell less profitable operations in the wake of its announced name change.
Patsy Kensit - Celebrity Dealer at 32Red17 July 2003
Movie star Patsy Kensit took some time away from the big screen to become part of the action at 32Red online casino.
Company Planning 'Star Wars' Slot17 July 2003
International Game Technology today announced a contract with Lucasfilm Ltd. that will allow IGT to create a gaming machine based on the "Star Wars" movie series.
MGM Mirage Earnings Hurt by Slow Economy17 July 2003
Second-quarter profit dipped 47 percent at MGM Mirage as revenue increases were overshadowed by escalating costs and the war in Iraq, the casino-resort operator said today.
IGT Posts Strong Earnings on Cashless Technology17 July 2003
International Game Technology today announced another quarter of record earnings, fueled by demand for replacement machines with cashless technology.
Board Concerned About Sales17 July 2003
An attempt by Bally's Casino to get major lease concessions from the Orleans Levee Board may be scuttled by reports that the casino could be sold.
Judge Upholds N.Y. Casino Law17 July 2003
News Brief: Legislation authorizing up to six casinos to be built in western New York and the Catskill Mountains, and video slot machines at horse racing tracks, was upheld today by a state judge.
Mob Uses Granny's Place to Run $20M Gambling Den17 July 2003
News Brief: A 93-year-old grandmother rented space in her home to New York mobsters who used it to process millions of dollars worth of illegal gambling bets, police say.
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