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Gaming News Archives - Page 4744

 
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California Senator to Stop Soliciting Gaming Tribes

20 June 2003
News Brief: Senator Jim Battin says will stop soliciting Indian tribes with casinos as clients for his private business as a media buyer, a day after a news report disclosed the new line of work he began earlier this year.
 

New Jersey Casino Tax Fight Adds a Twist

20 June 2003
News Brief: Before the casino industry began sparring with Democratic legislators from South Jersey over proposed casino taxes, the brother of Democratic power broker George E. Norcross III offered to represent the industry on legislative issues for an annual fee of $300,000.
 

Mohegan Tribal Gaming Authority Commences Tender Offer and Consent Solicitation

20 June 2003
The Mohegan Tribal Gaming Authority has commenced a cash tender offer and consent solicitation (the "Offer") for any and all of its $300,000,000 aggregate principal amount of 8.75% Senior Subordinated Notes due 2009.
 

Mikohn Gaming, DP Stud Sign Agreement

20 June 2003
Mikohn Gaming has entered into a joint development, licensing and marketing agreement with DP Stud Incorporated.
 

Colorado Courts to Hear Gaming Conflict Case

20 June 2003
News Brief: A Jefferson County grand jury will hear allegations of public corruption by three Colorado gaming officials who ran their own casino chip collecting business.
 

Boyd Gaming Announces Borgata Opening Date

20 June 2003
The Borgata Hotel, Casino and Spa has set Thursday, July 3, 2003 as its opening day.
 

Nevada Gold & Casinos Revenue Up

20 June 2003
For Q4 2003, Nevada Gold & Casinos reports revenues increased 256% to $1,194,551 compared to $335,386 in Q4 2002.
 

American Vantage Cos. Reports Loss

20 June 2003
During the three and nine months ended April 30, 2003, the company's net loss totaled $53,000 and $314,000, respectively, as compared to $244,000 and $1,140,000 for 2002.
 

Isle of Capri Casinos Reports Profit

20 June 2003
For Q4, the Isle of Capri reported net income of $18.2 million or $0.60 per diluted common share compared to a net loss of $22.0 million or $0.78 loss per diluted common share for Q4 2002.
 

Nevada Board Decides on MGM Mirage case

19 June 2003
The Nevada Gaming Commission today will consider approving the proposed $5 million settlement to end the civil case involving MGM Mirage's failure to file almost 15,000 anti-money laundering reports with the federal government.
 

Bahamas to Pass Casino Tax Legislation

19 June 2003
International News Brief: The Bahamas Government will seek to pass legislation to enhance Casino Taxation while amending the Lotteries and Gaming Act to legalise the regime under which taxation is paid, announced Minister of Financial Services and Investment.
 

Casino Delayed by High-Rise Building Moratorium

19 June 2003
News Brief: The city of Biloxi has placed a temporary moratorium on high rise developments, including the Treasure Bay Casino, along a stretch of beachfront until work is completed on a proposed air safety ordinance.
 

Self-Excluded Gambler Ordered to Forfeit Winnings

19 June 2003
A New Jersey woman made history Wednesday, becoming the first gambler on the state's casino self-exclusion list to cause a forfeited jackpot.
 

California Tribe Faces More Hurdles

19 June 2003
News Brief: Already dogged by delays and formidable opposition, the Ewiiaapaayp Indian band faces another hurdle in its plan to build a casino in Alpine.
 

New Jersey Attorney General Urged to Probe Threats

19 June 2003
News Brief: Assembly Budget Committee Chairman Louis Greenwald urged the attorney general on to launch a criminal investigation into perceived threats made by casino executives.
 

Tribe's Casino Bid Groundbreaking

19 June 2003
News Brief: The Delaware Nation and Delaware Tribe are attempting what no Indian tribe has ever done: jump state borders, win back land, and build a casino.
 

Philippine Casino Operator Ordered to Pay Damages

19 June 2003
International News Brief: Property and gaming firm Belle Corp. has won a court battle for damages worth more than P1.5 billion, or $28.1 million, against a state-owned casino operator for a failed joint venture in jai-alai games.
 

Illinois Gaming Board Head Resigns to Join Harrah's

19 June 2003
News Brief: The head of the Illinois Gaming Board has resigned to accept a job as an executive with Harrah's Entertainment Inc.
 

$95 Million Powerball Jackpot Up for Grabs

19 June 2003
Everything about Powerball is bigger this week: the jackpot, the number of players, and the number of people winning prizes.
 

S & P: Gaming Sector to be Challenge

19 June 2003
News Brief: Standard & Poor's Ratings Services expects a slow U.S. lodging recovery in the next few quarters and that the gaming sector will be challenged to meaningfully outperform results generated during 2002, according to a report published today.
 


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