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Gaming News Archives - Page 4756Desert Passage Sale Likely18 December 2003
A trio of independent sources close to the deal have confirmed Trizec Properties within the next few days will likely complete a deal to sell its Desert Passage at Aladdin shopping center to a group of East Coast investors.
World Poker Tour Events Continue Dramatic Growth18 December 2003
The Five Diamond World Poker Classic at Bellagio in Las Vegas is the latest event on the World Poker Tour to demonstrate the domino effect of the television show's huge popularity.
Five Interesting Titles Cover Antique Slots; Lottery; Casino Games17 December 2003
Massachusetts Lottery Ads Criticized17 December 2003
News Brief: Massachusetts lottery ads meant to raise more revenue for the state are already drawing criticism from gambling opponents who say the effort offers an overly optimistic portrait of the games of chance.
Legal Action Raised in Christchurch Boardroom17 December 2003
nternational News Brief: The stakes have been raised in a boardroom battle at Christchurch Casino with a major shareholder threatening legal action to return chief executive Arthur Pitcher to the board.
Ailing Lottery Winners Donate to Medical Research17 December 2003
News Brief: A Kentucky couple battling multiple sclerosis and diabetes claimed a $21 million Lotto South jackpot Tuesday, and immediately pledged part of their winnings to medical research.
Iowa Voters Reject Riverboat Casino17 December 2003
News Brief: Voters in Clay County in northwest Iowa rejected a proposed riverboat casino on Tuesday.
Australian Regulators Won't Block Merger17 December 2003
International News Brief: Tabcorp Holdings Ltd.'s proposal to bid for smaller gaming company rival Tab Ltd. won't be blocked by Australia's Competition & Consumer Commission.
Maine Slots Consultant Quits Panel17 December 2003
News Brief: A consultant for a gaming company seeking to develop slot machines in Maine quit the state liquor and lottery commission, saying that she was the target of cheap political tricks.
Vernon Downs President Steps Down17 December 2003
News Brief: The president of Vernon Downs has turned over the reins of the upstate New York harness track to a junior executive while he appeals the state's decision last week to deny him a racing license.
NYRA Lost Over $21 Million17 December 2003
News Brief: New York Racing Association lost $21.7-million during 2002, according to an audited statement released under an agreement with the United States attorney’s office.
Betfair to Return Profits to Pension Fund17 December 2003
International News Brief: Great Britain betting exchange Betfair has agreed to return to the MMD Design and Consultancy pension fund the $348,999 in profits it made off the gambling of former company director Andrew Petrie.
Hopis Could Reverse Anti-Casino Stance17 December 2003
News Brief: The Hopi Tribe of northern Arizona, facing a major economic hit with the likely 2006 shutdown of the Mohave Generating Station, could reverse years of gambling opposition and try to cover its losses with a casino.
Maryland Lawmakers Fail to Reach Deal on Slots17 December 2003
News Brief: Efforts to reach a grand legislative compromise on gambling in Maryland collapsed yesterday, prompting some lawmakers to predict a bruising fight over slot machines when the General Assembly convenes next month.
Liberty Entertainment Launches New Site17 December 2003
Press Release: Liberty Entertainment Group has announced the launch of their new site (www.libertycasinos.com
) offering both Big Dollar and South Beach casinos on one cutting-edge platform.
Borgata Bets on Table Games17 December 2003
News Brief: The Borgata Hotel Casino & Spa may be changing that reputation. The new kid in town is winning big by gambling on the appeal of table games to a younger market.
Wynn, California Tribal Casinos Key to Las Vegas Economy17 December 2003
The profitability of Wynn Las Vegas and the continuing transformation of the California tribal casino market are the biggest issues facing the Las Vegas economy, according to the state's top gaming economist.
China's Visitor Market Touted17 December 2003
At the Governor's Conference on Tourism, Lt. Gov. Lorraine Hunt spent most of her speech touting the potential of the huge possibilities of China.
Investigators: Mirage Execs Aware IRS Violation17 December 2003
State investigators found at least nine executives of The Mirage were aware of and
did nothing to correct the failure to file 15,000 required anti-money laundering
forms with the IRS.
Indiana Gambling Revenues Fall Short of Expectations17 December 2003
News Brief: Declining attendance and profits at Indiana riverboat casinos have virtually ensured higher gambling taxes won't produce the money officials had counted on to balance the state budget.
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