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Gaming News Archives - Page 4816

 
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Massachusetts Keno a Good Bet

28 March 2003
News Brief: A tweak to Keno is proving a winning bet for state coffers, boosting the Massachusetts’ Lottery's weekly take on the popular game by $1.6 million, officials said yesterday.
 

Debate Set on Massachusetts Slots

28 March 2003
News Brief: The Massachusetts House of Representatives has scheduled an entire day next month to debate allowing slot machines and casinos in the state.
 

Lawyer Jailed for Fraud

28 March 2003
International News Brief: New Zealand lawyer Philip Gerald Coburn was jailed for 5½ years yesterday for fleecing his clients of more than NZ$1.7 million. Most of that money was lost at a local casino.
 

West Virginia's Winning Streak Continues

28 March 2003
News Brief: With a little help from the region's newest multimillionaire, a lucky winning streak is continuing for West Virginia's Powerball players.
 

Texas Lottery Betting on Longer Odds

28 March 2003
News Brief: The odds of winning Lotto Texas will get longer, but state lottery officials are betting that the jackpots will be soaring higher.
 

Financing set for Macau Project

28 March 2003
Venetian Venture Development Intermediate Ltd. has negotiated a loan agreement with an undisclosed lender to build a casino in the Chinese city of Macau.
 

Former Coach Introduces NCAA Bet Ban Legislation

28 March 2003
Rep. Tom Osborne, R-Neb., used the backdrop of the national college basketball tournament this week to re-introduce the legislation that would outlaw betting on the games in Nevada sports books.
 

Dog Track Owner Contributes $539,000 to Politicians

28 March 2003
News Brief: Many of the Alabama legislators who will be considering a bill to legalize video gambling machines at dog tracks received contributions directly or indirectly from dog track owner Milton McGregor.
 

Sportingbet Found Liable for Exec's Gambling Spree

28 March 2003
International News Brief: Online bookmaker Sportingbet has been found liable for £1 million after an Australian business executive allegedly went on a gambling spree with cash stolen from his employer.
 

Tribal Operators to Join Gaming Standards Association

28 March 2003
Foxwoods Resort & Casino, as well as the Miami Tribe of Oklahoma Business Development Authority have joined the membership of the Gaming Standards Association.
 

CryptoLogic Adds New Online Customer

28 March 2003
CryptoLogic Inc. has attracted a new customer: Bingo Entertainment NV, part of one of the Internet's largest online bingo operators and bingo marketing groups in the world.
 

Wheeling Island Gaming Reports Year Results Up

28 March 2003
Wheeling Island Gaming reports operating revenues of $92.9 million, representing an increase of $11.1 million or a 13.5% increase over 2001.
 

MTR Gaming Approved for 500 Slot Machines

28 March 2003
The West Virginia Lottery Commission has approved the addition of 500 slot machines at the MTR Gaming Group 's Mountaineer Race Track & Gaming Resort.
 

California Casino Expansion Ahead of Schedule

28 March 2003
News Brief: The San Pasqual Indian band is months ahead of schedule in launching a $30 million casino expansion.
 

Buckingham Research Analyst Initiates Coverage

27 March 2003
Analyst Todd Jordan of the Buckingham Research Group has initiated coverage of several major gaming companies.
 

Sportingbet Profit Falls

27 March 2003
Shares of Sportingbet Plc fell as much as 28 percent after the Internet sports-betting company said "unfavorable" sports results hurt margins.
 

Bally's Atlantic City Settles Liquor Dispute

27 March 2003
News Brief: Bally's Atlantic City paid $80,000 on Wednesday to settle charges that its electronic liquor dispensers displayed one brand of whiskey or rum but dispensed another brand.
 

New Zealand Sports Groups Criticize Gambling Bill

27 March 2003
International News Brief: New Zealand’s sports groups have upped the pressure on the Government over fears they will lose some of the gambling profits they depend on.
 

Mikohn Gaming Sues Former Attorney

27 March 2003
Mikohn Gaming sued its former general counsel, Charles McCrea Jr., in Clark County District Court, alleging he defaulted on a $113,740 loan plus interest for 20,000 shares of Mikohn stock.
 

Argosy Generates $1 Million a Day

27 March 2003
News Brief: The Argosy Casino in Lawrenceburg, Ind. generated more than $1 million per day in revenues and nearly $10 million per month in operating profits last year, according to its parent company's annual report.
 


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