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Gaming News Archives - Page 4761

 
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California City Council Antes Up for Casino Study

1 May 2003
News Brief: Despite the long odds described by critics, the Richmond City Council has put $100,000 of its money down on Los Angeles law firm Latham and Watkins to study Indian gaming in the city.
 

Regulator: Players Didn't Deserve to be Banned

1 May 2003
News Brief: Video poker players banned from a Detroit casino last year did nothing illegal that would have warranted their removal, according to casino regulators.
 

Jamaican Government Slaps Tax on Gaming

1 May 2003
International News Brief: Jamaica's Finance Minister announced that the gaming industry will now be subject to 15 per cent General Consumption Tax.
 

Michigan Lottery Announces Mega Millions 'Mega Play' Promotion

1 May 2003
This month the Michigan Lottery is giving players an extra opportunity to win big with its Mega Millions game.
 

$77 Million Powerball Jackpot Up for Grabs

1 May 2003
It's the biggest lottery jackpot in the nation and it just keeps on growing. It's the biggest lottery jackpot in the nation and it just keeps on growing.
 

Station Casinos Stockholders Urged to Vote Against Stock Compensation Program

1 May 2003
Shareholders of Station Casinos are being urged to vote against that company's proposal to renew its Stock Compensation Program, in a report released by the Culinary Union in Las Vegas.
 

Three New Games Join Pennsylvania Lottery's Instant Ticket Lineup

1 May 2003
Cash Bonanza, High Stakes and Sunny Money join the Pennsylvania instant ticket line-up.
 

Park Place Q1 Results Match Last Year

1 May 2003
Net revenue was equal to the $1.143 billion in net revenue reported for Q1 2002. Net income was $41 million, or $0.14 per diluted share. That compares to net income of $40 million, or $0.13 per diluted share, for the first quarter of 2002.
 

Penn National Gaming Reports Strong Q1 Results

1 May 2003
Net revenues rose 46.7% to $225.2 million, compared to $153.5 million in Q1 2002. EBITDA rose 58.5% to $53.1 million, from $33.5 million in the first quarter of 2002.
 

Governor Appoints Gary Peters as New State Lottery Commissioner

30 April 2003
 

Magna Entertainment Reports Mixed Q1 Results

30 April 2003
Magna reports revenues were $270.1 million in Q1, compared to $248.8 million in the Q1 2002, an increase of $21.3 million or 8.6%. EBITDA decreased $5.2 million to $31.8 million in Q1 2002.
 

Monarch Casino & Resort Results Up

30 April 2003
Monarch reports net income for Q1 was $1,837,927, a 16.0% increase over net income of $1,585,084 during Q1 2002. Net revenue was $27,167,928, a 5.3% increase over Q1 2002.
 

All-time Most Winning Jockey Pincay Retires From Racing

30 April 2003
News Brief: Laffit Pincay Jr., the world's most winning jockey with 9,530 career victories and the only jockey to win six Eclipse Awards, decided to retire Tuesday on the advice of his doctors.
 

Actor Claims He was Handcuffed at Las Vegas Casino

30 April 2003
News Brief: Jeff Conaway, former co-star of TV's ‘Taxi,’ has sued the owners of Mandalay Bay, claiming security guards broke his arm at the Las Vegas casino last summer.
 

Borgata Signs Anka to Three-Year Deal

30 April 2003
News Brief: Singer Paul Anka has entered into a three-year exclusive contract with the Borgata Hotel Casino & Spa only.
 

Trial Begins in Gambling, Conspiracy Case

30 April 2003
News Brief: The trial of an Ohio man, alleged to have skimmed tens of thousands of dollars from bingo fundraising proceeds to line his pockets, has begun.
 

Trump Sues Connecticut Tribe

30 April 2003
News Brief: Out $12 million and ousted from a lucrative Indian casino deal, Donald Trump is planning to sue the Eastern Pequot Indians and their Southport developer for breaking a deal he signed in 1999 to develop and run a casino for one faction of the tribe.
 

House Deal Could End Iowa Gaming Tax Battle

30 April 2003
News Brief: The Iowa House has approved a bill that would end the state's legal battle over the two-tiered tax structure for casinos in the state, but it faces an uncertain future in the Senate.
 

Execs Urge Congress to Regulate Online Gambling

30 April 2003
News Brief: William Hornbuckle, president and chief operating officer of MGM Mirage, urged Congress on Tuesday to regulate rather than prohibit Internet gambling.
 

Atlantic City Tropicana Unveils 'Cash Contraption'

30 April 2003
News Brief: Cash Contraption, a new slot machine gimmick that marries gadgetry and luck in a series of clanking, spinning, ball-rolling contraptions was unveiled at Tropicana Casino and Resort.
 


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