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Gaming News Archives - Page 4790Earnings: Advisers: Interpret With Care22 July 2003
With publicly traded companies reporting their financial performance for the second quarter, Wall Street analysts are sounding alarms that corporate earnings are the most degraded in a decade owing to accounting shenanigans.
Nevada Lawmakers Approve $836 million Tax Plan22 July 2003
News Brief: State lawmakers gave final legislative approval to a record $836 million tax increase late Monday night, ending a legal battle and months of bitter wrangling over how to fund fast-growing Nevada's two-year budget.
Feds Say Betting Ring Siphoned $170,00022 July 2003
News Brief: Federal authorities yesterday arrested three Essex County men they say ran an illegal gambling ring and siphoned more than $170,000 from the accounting giant Ernst & Young with the help of an employee deep in their debt.
Montana Credit Gambling Charges Resolved22 July 2003
News Brief: Two Billings casino owners were released from a felony charge after they struck a plea agreement with prosecutors calling for them and their company to pay a total of $18,000 in fines.
Casinos May be Able to Pass Part of Tax Hike to Gamblers22 July 2003
News Brief: Now that the dust has settled, it seems the 12 Atlantic City casinos will not fare as badly as Wall Street thought under Gov. James E. McGreevey's tax hike.
Senecas Say Nation is Benefiting from Casino Revenue21 July 2003
News Brief: It's been little more than six months since the Seneca Niagara Casino opened in Niagara Falls. But Seneca Nation President Rickey Armstrong says the Seneca people are already reaping tremendous benefits.
Serving Gamblers' Dreams21 July 2003
News Brief: Working long hours with lots of down time, casino bus drivers working for the multitude of companies taking passengers to gamble are the unseen workers in the ever-expanding Connecticut gaming trade.
Inside Gaming: Conditions Seem Right for Casino Mergers21 July 2003
A selection of stories and views from inside the industry this week.
Casino Foes Challenge Supporters to Debate21 July 2003
News Brief: Casino opponents have challenged supporters of a Sanford, Maine, gambling resort to debate whether children would be allowed to gamble and work in a proposed casino.
Missouri Developer, Hotel Team Up for Casino Proposal21 July 2003
News Brief: A development group pushing to secure approval for building a casino has joined forces with the owners of an inn to propose a gambling facility in Muskegon, Missouri.
Montana Credit Gambling Charges Resolved21 July 2003
News Brief: Two Montana casino owners were released from a felony charge after they struck a plea agreement with prosecutors calling for them and their company to pay a total of $18,000 in fines.
Police Say Casino Crime Calls Not Excessive21 July 2003
News Brief: Placer County sheriff's deputies responded to 76 calls for service during Thunder Valley Casino's first month of operation.
Aristocrat Bets on US Market21 July 2003
International News Brief: Aristocrat's future in the highly competitive US market appears a lot brighter after the world's biggest poker machine maker, International Game Technology, reported a 26 per cent increase in third-quarter earnings.
Net Bet Card Block 'Penalises Honest Casinos'21 July 2003
International News Brief: Federal Government moves to block internet gambling transactions on credit cards would only penalise honest casino operators and disadvantage gamblers, Vanuatu's internet gaming regulator has warned.
California City Gives One Casino All the Cards21 July 2003
News Brief: For the first time, the Fresno City Council has decided to give one card room, Club One, gaming rights to all 50 tables allowed by a city ordinance.
United Bermuda Party on Gambling: Maybe, Maybe Not21 July 2003
International News Brief: The United Bermuda Party does not see casinos as the ‘silver bullet’ to revive tourism, but would consider all options, business chiefs were told Thursday morning.
Pennsylvania House Approves Slots for Tracks21 July 2003
News Brief: Pennsylvania's House of Representatives has approved proposals that would allow slot machines at 11 locations and use the revenues to fund a $1 billion effort to lower property taxes.
Can Seabiscuit Still Be a Savior?21 July 2003
News Brief: Many racing executives see in ‘Seabiscuit' — which opens nationally Friday — the chance to introduce a new, younger audience to the sport, which they hope will transfer into a swarm of extra bodies coming to the tracks.
Ameristar Board Elects New Member21 July 2003
Ameristar Casinos report that J. William Richardson has been elected as a member of its Board of Directors.
Second Man Charged In Attempted Robbery Outside Atlantic City Casino21 July 2003
News Brief: A second man has been charged in connection with an attempted robbery that ended when another suspect was shot by a city police officer during a scuffle between the entrances of two casinos.
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