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Gaming News Archives - Page 4839Boyd Execs Unfazed by Disappointing Results23 October 2003
Despite a $4 .1 million loss at the Stardust and disappointing results at its Par-A-Dice riverboat in Illinois, Boyd President is optimistic about the future of the gaming company.
Analysts: Operators to Build on Las Vegas23 October 2003
Wall Street analysts Tuesday predicted Nevada's biggest casino operator will choose to build its next billion-dollar-plus megaresort on the Strip and not in Atlantic City.
Isle of Capri Casinos Receives Approval UK Gaming Board23 October 2003
Isle of Capri Casinos reports that the Gaming Board for Great Britain has approved the acquisition of a majority interest in Blue Chip Casinos Plc. Isle of Capri is the first American casino operator to receive Gaming Board approval.
Kerzner Reports Profit23 October 2003
erzner recorded net income in Q3 of $6.5 million, compared to a net loss of $0.4 million for Q3 2002 resulting in net income per share of $0.22 compared to a net loss per share of $0.02 for Q3 2002.
Park Place Reports Income Up23 October 2003
In Q3 2003, Park Place reported net income of $48 million, or $0.16 per diluted share, compared to net income of $40 million, or $0.13 per diluted share, for Q3 2002.
Penn National Gaming Reports Record Q3 Results23 October 2003
Net revenues for Q3 rose 81.2% to $316.1 million, compared to $174.4 million in Q3 2002. Net income and diluted per share earnings rose to $13.6 million, or $0.34 per diluted share in the Q3 from $9.9 million or $0.25 per diluted share Q3 2002.
Mikohn Completes $45 Million Private Placement of Common Stock23 October 2003
Mikohn Gaming has completed its previously announced sale of 8.4 million shares of its Common Stock at a price of $5.34125 per share and warrants to acquire an additional 2.1 million shares at an exercise price of approximately $5.875375 per share.
Chartwell Releases Wireless Gaming Suite22 October 2003
hartwell Technology reports the commercial release of V1.0 of its Wireless Gaming Suite for Java-enabled mobile phones.
Investigation Looks at Possible Money Laundered Through Pokies22 October 2003
International News Brief: Claims that millions of dollars are being laundered through poker machines in Sydney clubs are being investigated by the Department of Gaming and Racing.
Aztar Results Down22 October 2003
Aztar reports earnings per share of 46 cents, diluted, compared with 43 cents per share in Q3 2002.
Mississippi Casinos Likely to be Approved22 October 2003
News Brief: The Mississippi Gaming Commission is expected to approve proposals for two new casinos for Greenville during its regular meeting today.
Trial Delay Sought in Alleged Gambling Bribery Scheme22 October 2003
News Brief: Top officials connected to a Rhode Island gambling center asked a judge Monday to delay their trial in an alleged bribery scheme until early next year.
Lottery, Poverty Link Highlighted in Maryland Slot Debate22 October 2003
News Brief: Recent studies suggest the Maryland Lottery generates an outsized share of its revenue from the poor, from minorities and from people with limited education.
UNLV Archivists Entrusted With Harrah's Documents22 October 2003
Harrah’s has donated thousands of artifacts documenting the history of Harrah’s to the special collections department at the University of Nevada.
Atlantic City Casinos to Distribute Pro-Industry Magazine22 October 2003
News Brief: Atlantic City casinos will arm their chief political weapons with knowledge when they begin distributing a pro-industry magazine to their 50,000 employees in December.
Colorado Casinos Oppose Slots at Tracks22 October 2003
News Brief: Colorado's mountain casino owners are vehemently opposed to a ballot measure that would legalize slot-style gambling at five Front Range racetracks.
Maine Casino Opponents Accused of Racism22 October 2003
News Brief: Accusations of racism surfaced Tuesday in Maine's casino debate as backers of a proposed Indian casino called attention to a sign they said was placed near the home of a pro-casino resident of Sanford who is part American Indian.
Vegas Firm Funds Maine Casino Supporters22 October 2003
News Brief: Except for a few donations from Indian lawyer Tom Tureen, the Las Vegas firm of Marnell Corrao is single-handedly paying for the Maine pro-casino campaign.
Davis Gambling Pact Tracks Campaign Cash22 October 2003
News Brief: As Gov. Gray Davis was fighting to keep his job this month, he negotiated, for the second time within weeks, a gambling agreement with an Indian tribe that made a nearly concurrent contribution to his campaign to avoid being recalled by voters.
Wynn Wants Crackdown on Macau Loansharks22 October 2003
International News Brief: Las Vegas casino developer Steve Wynn has called for a crackdown on triad-backed loansharking business in Macau and legislation allowing casinos to reduce taxable gambling revenues, a newspaper reported Wednesday.
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