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Gaming News Archives - Page 4780

 
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Poll: Public Mixed on New Malaysian Casino

16 May 2003
International News Brief: A Malaysian newspaper poll finds a mixed public reaction to the country’s second gaming center.
 

Hollywood Legend to be Lucky Eagle Casino Spokesperson

16 May 2003
Legendary Hollywood actor Tony Curtis has accepted an invitation to become the Lucky Eagle Casino 's spokesperson.
 

Archon Corporation Results Down

16 May 2003
For Q2, Archon Corporation reported net revenues of $13.1 million a $900,000 decrease from revenues in Q2 2002.
 

Monticello Plans Implementation of 1,800 VLTs

16 May 2003
Empire Resorts, Inc. reports that the operation of Video Lottery Terminals at Monticello Raceway could proceed as a result of action taken yesterday by the New York State Legislature.
 

Youbet Reports Record Handle, Revenues

16 May 2003
Youbet reports their gross handle for Q1 set a new record at $61.0 million, up substantially from $27.1 million in the Q1 2002. Gross revenues increased 323% to $11.0 million as compared to $2.6 million in Q1 2002.
 

Paul-Son Gaming Reports Loss

16 May 2003
Paul-Son Gaming reported a net loss of $601,000, equal to $(0.08) per basic and diluted share, for the Q1, compared with net income of $106,000, or $0.03 per basic and diluted share, in Q1 2002.
 

Allegiance Capital Amends Lawsuit Against Great Canadian Gaming

16 May 2003
Allegiance Capital Corporation, a investment banking firm, has received court approval to amend its lawsuit against Great Canadian Gaming Corporation to include allegations that the defendants have violated the federal RICO Act.
 

Canterbury Park Income Down Slightly

15 May 2003
Canterbury Park earned net income of $839,087 on revenues of $9,229,250, compared to net income of $931,038 on revenues of $8,947,223 for Q1 2002.
 

Boyd Taking a Tax Hit

15 May 2003
Boyd Gaming Corp. said legislation enacted earlier this month to amend the calculation of gaming taxes in Indiana will cost the company about $2 million in the current quarter.
 

South Carolina Legislator Pushing for Pari-mutuel Racing

15 May 2003
News Brief: Allowing people to play the ponies in South Carolina could boost tourism and bring the state millions of dollars in revenue, Rep. John Snow Jr. said Tuesday.
 

Disputed Slot to Return to Missouri Casino

15 May 2003
News Brief: A Missouri judge today lifted a restraining order on an alleged faulty slot machine and cleared the way for it to be put back on an Ameristar casino floor.
 

Audit: Nevada Gaming Board Effective

15 May 2003
The Nevada Gaming Control Board does a good job of collecting hundreds of millions of dollars in casino taxes but it needs to improve its control of the payments when they reach the office, a legislative audit says.
 

Investment Exec Bullish on Gaming Stocks

15 May 2003
The outlook for the stock market bodes well for Las Vegas' publicly traded casino companies, according to Joseph Battipaglia, executive vice president and chief investment officer of Ryan, Beck & Co. LLC.
 

Utah Lawmaker Waters Down Online Gaming Bill

15 May 2003
An amendment approved Wednesday may hinder a House bill aimed at stopping Internet gambling.
 

Alleged High-Roller Thief Allowed to Flee

15 May 2003
International News Brief: Vivien Feng allegedly took high rollers at Sydney's Star City Casino to the cleaners. She couldn’t believe her luck when the police returned her passport accidently.
 

KwaZulu-Natal Harnessing Spin-offs of Gambling

15 May 2003
International News Brief: KwaZulu-Natal has found that there are huge spin-offs when attempting to harness the economic benefits of gambling.
 

Minnesota Casino Supporters Turn Up Heat

15 May 2003
News Brief: In an 11th-hour push for a budget resolution, House Speaker Steve Sviggum reiterated Republican support for a revenue-generating casino at Canterbury Park.
 

Washington Commission Considering New Betting System

15 May 2003
News Brief: The Washington State Horse Racing Commission is on the verge of allowing the state's first off-track betting parlor that isn't part of a live horse racing track.
 

Boy's Death Brings New Gaming Measures

15 May 2003
International News Brief: The gambling industry had introduced new measures for patrons after the death of a toddler who was left in a car as his mother played poker machines, an inquest heard yesterday.
 

Oklahoma Tribes Want to Build Pennsylvania Casino

15 May 2003
News Brief: As the gambling issue heats up in Harrisburg, two Indian tribes from Oklahoma have hired well-connected lawyers and lobbyists to help with efforts to build a casino in Pennsylvania, possibly in Philadelphia.
 


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