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Gaming News Archives - Page 4807

 
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Ohio Legislators Don't Support Budget Proposal

10 April 2003
News Brief: Most Ohio legislators from the Mahoning Valley say they don't support a state budget proposal that includes a temporary sales tax increase and a referendum to legalize video slot machines.
 

Churchill Downs Launches Kentucky Derby Contest

10 April 2003
Churchill Downs Incorporated has launched an innovative online contest that challenges players to pick the exact order of finish for the 129th Kentucky Derby on May 3, 2003, in exchange for a $5 million prize.
 

Park Place Names New Head of Western, Mid-South Regions

10 April 2003
Park Place Entertainment Corporation has named gaming industry veteran Anthony F. Santo as senior vice president of the company's Western and Mid-South regions.
 

Interactive Systems Worldwide Signs Agreement with Sky Bet

10 April 2003
Interactive Systems Worldwide has signed an agreement with Sky Bet to Launch it’s SportXction wagering software on Sky Bet’s digital television platform
 

GTECH Reports Mixed Results for 2003

10 April 2003
Revenues for 2003 were $978.8 million, down 3.1% from revenues of $1.0 billion in fiscal 2002. Net income was $142.0 million, or $2.43 per diluted share, up substantially over net income of $68.0 million, or $1.13 per diluted share, for 2002.
 

Binion's Online Contest Under Investigation

10 April 2003
News Brief: State gaming regulators are investigating whether an Internet contest promoting pay-per-view telecasts of the World Series of Poker on the Binion's Horseshoe Web site could be considered an illegal lottery.
 

Experts: Commission Created to Damage Casino Industry

10 April 2003
News Brief: A member of a federal commission that completed a two-year study of legalized gambling in 1999 said Wednesday that conservatives in Congress created the commission to damage the casino industry.
 

Casinos Invest in Atlantic City Boardwalk

10 April 2003
News Brief: Several Atlantic City casino and retail companies are investing in Boardwalk properties and if those projects prove successful, it could spawn a new wave of development in the city.
 

Trump Taj Mahal Fined for Clerical Errors

10 April 2003
News Brief: The New Jersey Casino Control Commission ordered Taj Mahal to pay $142,489 in back gaming taxes and $34,287 in penalties and interest for failing to verify the bank-account numbers of two Hong Kong high rollers who gambled away $2.2 million in credit.
 

Experts: Higher Taxes Devalues Illinois Casino License

10 April 2003
News Brief: According to experts, Governor Blagojevich is grossly mistaken if he believes a sale of Illinois’ 10th casino license will net state taxpayers $350 million, especially if lawmakers heed his call to pass another gambling tax increase.
 

SARS Not More Likely at Casinos

10 April 2003
News Brief: The risk of contracting severe acute respiratory syndrome at Foxwoods Resort Casino and Mohegan Sun is no greater than at any other public location, according to health officials.
 

Massachusetts Expanded Gambling Proposals Under Attacked

10 April 2003
News Brief: A Massachusetts State House foe of expanded gambling is prepared to unveil a trump card that could ensure the defeat of a pair of slot machine and casino proposals during next week's make-or-break vote on the controversial issue.
 

Sports Interaction Offers Odds on Golf Controversy

10 April 2003
Sports Interaction has posted lines on what Martha Burk and Hootie Johnson may do for an encore to the furor that is overshadowing the first Major golf tournament of the year.
 

Multimedia Games Receives Approval for Video Lottery System

10 April 2003
Multimedia Games Inc. has received final approval of its video lottery central system contract from the offices of the New York State Comptroller and Attorney General.
 

Internet Casino to Sponsor Major League Baseball Team

9 April 2003
Popular Internet casino GoldenPalace.com recently broke new ground by becoming the first cyber casino to sponsor a Major League Baseball team -- the Montreal Expos.
 

Churchill Downs, Developer Plan Pennsylvania Track

9 April 2003
News Brief: Churchill Downs Inc. will partner with Pennsylvania developer, Charles J. Betters, to construct Pittsburgh Palisades Park.
 

Park Place Unveils Customized Jackpots

9 April 2003
Park Place Entertainment Corp., which has offered its own customized jackpot games for years, upped the ante Tuesday by unveiling the latest addition to a growing niche of slots.
 

Pataki Criticized for Lagging Catskills Venture

9 April 2003
News Brief: For nearly two years Gov. George Pataki has had a ‘blueprint’ for a deal to allow Indian-owned casinos in the Catskills, but he has yet to put pen to paper for any of the casino deals.
 

Texas Investment Bank Sues Great Canadian Gaming

9 April 2003
News Brief: A Texas investment bank is suing Great Canadian Gaming Corp., demanding US$41 million in damages over a failed Hong Kong casino cruise ship which now is said to be a floating bordello.
 

Racing Bodies in Britain Accused of Anticompetitive Practices

9 April 2003
International News Brief: England’s Office of Fair Trading has concluded an investigation of racing in Britain with results that could shake up the structure of the sport.
 


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